Cormark Issues Optimistic Estimate for K-Bro Linen Earnings

K-Bro Linen Inc. (TSE:KBL) – Equities researchers at Cormark increased their FY2025 EPS estimates for K-Bro Linen in a note issued to investors on Tuesday, March 25th. Cormark analyst K. Mcphee now expects that the company will post earnings of $2.35 per share for the year, up from their prior forecast of $2.33. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $2.86 EPS.

Several other brokerages also recently weighed in on KBL. TD Securities upped their target price on K-Bro Linen from C$48.00 to C$49.00 and gave the stock a “buy” rating in a research report on Monday. Acumen Capital boosted their price target on K-Bro Linen from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research report on Monday.

K-Bro Linen Stock Up 0.0 %

Shares of K-Bro Linen stock opened at C$34.25 on Wednesday. K-Bro Linen has a twelve month low of C$30.69 and a twelve month high of C$40.03. The stock has a market cap of C$359.38 million, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 3.50 and a beta of 1.08. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23. The company has a fifty day moving average price of C$35.08 and a 200 day moving average price of C$35.73.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.