GDI Integrated Facility Services Inc. (TSE: GDI – Get Rating) – Cormark reduced its fiscal 2022 earnings per share estimate for GDI Integrated Facility Services in a research note released Thursday, May 12. Cormark analyst J. Fenwick now expects the company to post earnings of $1.80 per share for the year, down from its previous estimate of $2.06. Cormark currently has a “Buy” rating and a target price of $74.00 on the stock.
GDI Integrated Facility Services (TSE: GDI – Get Rating) last released its results on Tuesday, March 1. The company reported EPS of C$0.29 for the quarter, missing the consensus estimate of C$0.48 by C$0.19. The company posted revenue of C$433.02 million for the quarter, compared to C$432.08 million expected by analysts.
Other stock analysts have also published research reports on the stock. CIBC cut its price target on GDI Integrated Facility Services shares from C$65.00 to C$61.00 and set an “outperform” rating for the company in a research report on Thursday. Stifel Nicolaus cut his price target on shares of GDI Integrated Facility Services from C$70.00 to C$60.00 in a research report on Thursday. Finally, Scotiabank cut its price target on shares of GDI Integrated Facility Services from C$59.00 to C$50.00 in a research report on Thursday. One research analyst rated the stock with a hold rating and five gave the stock a buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$64.33.
TSE: GDI opened at C$42.18 on Friday. GDI Integrated Facility Services has a 12-month low of C$41.00 and a 12-month high of C$60.00. The company has a current ratio of 1.44, a quick ratio of 1.28 and a debt ratio of 84.36. The company has a 50-day moving average of C$49.87 and a 200-day moving average of C$51.98. The company has a market cap of C$975.24 million and a price-to-earnings ratio of 22.92.
In a similar vein, senior officer Christian Marcoux purchased 600 shares of the company in a trade that took place on Wednesday, March 16. The shares were acquired at an average cost of CA$55.20 per share, for a total transaction of CA$33,120.00. Following the completion of the acquisition, the insider now owns 600 shares of the company, valued at approximately C$33,120. Additionally, senior officer Ahmed S. Boomrod sold 7,000 shares of the company in a trade that took place on Tuesday, March 22. The stock was sold at an average price of CA$54.00, for a total transaction of CA$378,000.00. Following the sale, the insider now owns 379,158 shares of the company, valued at C$20,474,532.
GDI Integrated Facility Services Company Profile (Get an evaluation)
GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The Company operates through Janitorial Canada, Janitorial USA and Technical Services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, disinfecting kitchens and bathrooms, watering plants, cleaning outdoor parking lots and interior and trash removal, as well as other services including floor stripping and waxing, carpet cleaning, heavy dust cleaning and window cleaning.
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