Cormark Weighs in on Zedcor’s FY2024 Earnings (CVE:ZDC)

Zedcor Inc. (CVE:ZDC) – Research analysts at Cormark issued their FY2024 earnings per share (EPS) estimates for shares of Zedcor in a research note issued on Tuesday, March 18th. Cormark analyst K. Mcphee forecasts that the company will earn $0.02 per share for the year. The consensus estimate for Zedcor’s current full-year earnings is $0.03 per share. Cormark also issued estimates for Zedcor’s FY2025 earnings at $0.06 EPS, FY2026 earnings at $0.13 EPS, FY2027 earnings at $0.20 EPS and FY2028 earnings at $0.30 EPS.

A number of other analysts have also recently issued reports on ZDC. Canaccord Genuity Group set a C$4.25 price objective on Zedcor and gave the stock a “buy” rating in a report on Thursday, December 12th. Canaccord Genuity Group raised Zedcor to a “strong-buy” rating in a report on Thursday, December 12th.

Zedcor Stock Up 1.6 %

Shares of CVE ZDC opened at C$3.15 on Thursday. The business’s fifty day moving average price is C$3.22 and its 200-day moving average price is C$2.97. The stock has a market capitalization of C$305.38 million, a PE ratio of 782.76 and a beta of 2.48. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. Zedcor has a one year low of C$0.86 and a one year high of C$3.85.

About Zedcor

Zedcor Inc provides technology-based security and surveillance services in Canada. It 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. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.