Cormark Has Optimistic Outlook of TSE:GDI FY2024 Earnings

GDI Integrated Facility Services Inc. (TSE:GDI) – Analysts at Cormark upped their FY2024 EPS estimates for GDI Integrated Facility Services in a research note issued on Thursday, November 14th. Cormark analyst J. Fenwick now expects that the company will post earnings of $0.74 per share for the year, up from their previous estimate of $0.62. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Cormark also issued estimates for GDI Integrated Facility Services’ FY2025 earnings at $1.52 EPS and FY2026 earnings at $1.77 EPS.

Separately, National Bankshares boosted their price target on GDI Integrated Facility Services from C$38.50 to C$41.50 in a report on Thursday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$42.75.

GDI Integrated Facility Services Trading Down 3.4 %

Shares of GDI stock opened at C$35.66 on Friday. The company has a debt-to-equity ratio of 104.15, a current ratio of 1.75 and a quick ratio of 1.44. The company has a market cap of C$525.63 million, a price-to-earnings ratio of 51.68 and a beta of 1.03. GDI Integrated Facility Services has a 1 year low of C$30.77 and a 1 year high of C$40.12. The firm has a fifty day moving average price of C$35.95 and a 200-day moving average price of C$34.77.

GDI Integrated Facility Services Company Profile

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.