Q4 EPS Estimates for TSE:PIF Cut by National Bank Financial

Polaris Renewable Energy Inc. (TSE:PIF) – National Bank Financial lowered their Q4 2024 EPS estimates for shares of Polaris Renewable Energy in a research note issued on Tuesday, February 4th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings of ($0.03) per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share.

A number of other equities research analysts have also weighed in on PIF. Raymond James boosted their target price on shares of Polaris Renewable Energy from C$19.00 to C$21.00 and gave the company a “strong-buy” rating in a research note on Friday, November 1st. Cormark boosted their target price on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research note on Thursday, January 30th.

Polaris Renewable Energy Price Performance

Shares of PIF opened at C$12.75 on Friday. The firm has a market cap of C$268.77 million, a PE ratio of 25.50, a P/E/G ratio of 3.28 and a beta of 0.97. The company has a current ratio of 1.86, a quick ratio of 1.64 and a debt-to-equity ratio of 62.63. The firm has a fifty day simple moving average of C$13.08 and a two-hundred day simple moving average of C$12.63. Polaris Renewable Energy has a 1-year low of C$11.08 and a 1-year high of C$13.85.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.