FY2024 Earnings Forecast for Quarterhill Issued By Cormark

Quarterhill Inc. (OTCMKTS:QTRHF) – Research analysts at Cormark issued their FY2024 earnings per share estimates for shares of Quarterhill in a research note issued on Thursday, March 13th. Cormark analyst G. Fairweather forecasts that the company will post earnings of ($0.09) per share for the year. Cormark has a “Moderate Buy” rating on the stock. Cormark also issued estimates for Quarterhill’s FY2025 earnings at $0.01 EPS and FY2026 earnings at $0.06 EPS.

Quarterhill Price Performance

QTRHF stock opened at $1.04 on Friday. Quarterhill has a 52-week low of $1.03 and a 52-week high of $1.49. The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $120.48 million, a PE ratio of -2.97 and a beta of 0.90. The stock’s 50 day moving average is $1.12 and its two-hundred day moving average is $1.16.

About Quarterhill

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.