Boralex Inc. (TSE:BLX – Free Report) – Research analysts at National Bank Financial decreased their Q4 2024 earnings per share (EPS) estimates for shares of Boralex in a note issued to investors on Tuesday, January 14th. National Bank Financial analyst R. Merer now anticipates that the company will earn $0.31 per share for the quarter, down from their previous forecast of $0.51. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex’s FY2025 earnings at $0.72 EPS and FY2026 earnings at $0.40 EPS.
BLX has been the subject of a number of other research reports. BMO Capital Markets cut their price target on shares of Boralex from C$46.00 to C$45.00 in a report on Friday, November 15th. CIBC lowered their price objective on Boralex from C$42.00 to C$40.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$43.13.
Boralex Trading Up 0.4 %
Shares of BLX opened at C$27.15 on Friday. The company has a current ratio of 0.95, a quick ratio of 1.54 and a debt-to-equity ratio of 175.24. The firm has a market capitalization of C$2.79 billion, a P/E ratio of 29.19, a P/E/G ratio of 2.01 and a beta of 0.46. The firm has a 50-day moving average price of C$29.38 and a 200 day moving average price of C$32.42. Boralex has a 12-month low of C$25.83 and a 12-month high of C$36.68.
About Boralex
Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex’s plants rely on wind power, while a significant number also employ hydroelectric power.
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