Analysts Offer Predictions for Zedcor Inc.’s FY2024 Earnings (CVE:ZDC)

Zedcor Inc. (CVE:ZDC) – Equities researchers at Cormark issued their FY2024 earnings per share (EPS) estimates for Zedcor in a research note issued to investors on Wednesday, April 24th. Cormark analyst K. Mcphee anticipates that the company will post earnings of $0.01 per share for the year. Cormark has a “Buy” rating and a $1.70 price objective on the stock. The consensus estimate for Zedcor’s current full-year earnings is $0.06 per share. Cormark also issued estimates for Zedcor’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.03 EPS, FY2027 earnings at $0.07 EPS and FY2028 earnings at $0.11 EPS.

Zedcor Stock Down 2.8 %

Shares of CVE:ZDC opened at C$1.04 on Monday. Zedcor has a 1 year low of C$0.49 and a 1 year high of C$1.19. The business has a 50 day simple moving average of C$0.85 and a two-hundred day simple moving average of C$0.69. The firm has a market capitalization of C$80.45 million, a PE ratio of 13.00 and a beta of 2.29. The company has a debt-to-equity ratio of 227.93, a current ratio of 0.77 and a quick ratio of 0.87.

Zedcor (CVE:ZDC) last announced its earnings results on Wednesday, April 10th. The company reported C($0.01) earnings per share (EPS) for the quarter. Zedcor had a net margin of 10.66% and a return on equity of 25.74%. The business had revenue of C$5.80 million for the quarter.

Insider Buying and Selling at Zedcor

In other Zedcor news, Senior Officer James Joseph Leganchuk sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of C$0.57, for a total transaction of C$85,500.00. In related news, Senior Officer Jan Marie Campbell sold 125,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of C$1.06, for a total value of C$132,500.00. Also, Senior Officer James Joseph Leganchuk sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of C$0.57, for a total value of C$85,500.00. Insiders sold 476,000 shares of company stock worth $335,020 over the last 90 days. Company insiders own 37.80% of the company’s stock.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. The company engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. It also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.