Aimia (AIM) to Release Quarterly Earnings on Friday

Aimia (TSE:AIM) is scheduled to be announcing its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of C($0.06) per share for the quarter.

Aimia (TSE:AIM) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C($0.10) EPS for the quarter, beating the consensus estimate of C($0.39) by C$0.29. Aimia had a negative net margin of 26.20% and a negative return on equity of 16.59%. The company had revenue of C$122.40 million for the quarter.

Aimia Stock Performance

Shares of AIM stock opened at C$2.51 on Friday. The company has a debt-to-equity ratio of 31.05, a quick ratio of 83.33 and a current ratio of 2.70. The company has a market capitalization of C$246.93 million, a price-to-earnings ratio of -1.86, a price-to-earnings-growth ratio of -2.30 and a beta of 0.95. The company’s 50-day moving average is C$2.58 and its 200 day moving average is C$2.61. Aimia has a one year low of C$2.25 and a one year high of C$3.52.

Analysts Set New Price Targets

Separately, Jefferies Financial Group lowered their target price on shares of Aimia from C$4.50 to C$4.00 and set a “buy” rating on the stock in a research note on Wednesday, August 14th.

About Aimia

Aimia Inc invests in public and private companies. It operates through Bozzetto, Cortland International, and Holdings segments. The company, through its long-term investments, provides specialty chemicals, textiles, and water and dispersion chemical solutions in various applications, including textile, home and personal care, plasterboard, and agrochemical markets; manufactures synthetic fiber ropes, as well as offers netting solutions for maritime and other industrial customers; and manufactures and supplies ropes, slings, and tethers for aerospace and defense, marine, renewables, and other industrial end markets.