GDI Integrated Facility Services Inc. (TSE:GDI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) have been assigned an average recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$42.92.

GDI has been the subject of a number of research reports. National Bankshares boosted their target price on shares of GDI Integrated Facility Services from C$40.50 to C$41.50 and gave the company a “sector perform” rating in a research report on Tuesday, May 14th. CIBC decreased their target price on shares of GDI Integrated Facility Services from C$39.00 to C$38.00 and set a “neutral” rating for the company in a research report on Monday, May 13th. Desjardins boosted their target price on shares of GDI Integrated Facility Services from C$52.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, Scotiabank decreased their target price on shares of GDI Integrated Facility Services from C$45.50 to C$44.00 and set a “sector perform” rating for the company in a research report on Monday, May 13th.

GDI Integrated Facility Services Price Performance

TSE GDI opened at C$32.98 on Thursday. The firm’s fifty day simple moving average is C$33.73 and its two-hundred day simple moving average is C$36.53. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 98.68. GDI Integrated Facility Services has a 12-month low of C$30.77 and a 12-month high of C$49.00. The firm has a market capitalization of C$486.13 million, a P/E ratio of 49.97 and a beta of 1.00.

GDI Integrated Facility Services (TSE:GDI) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.02 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.12). The company had revenue of C$644.00 million for the quarter, compared to analysts’ expectations of C$617.40 million. GDI Integrated Facility Services had a net margin of 0.60% and a return on equity of 3.34%. Analysts forecast that GDI Integrated Facility Services will post 0.9526316 EPS for the current fiscal year.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.