FY2017 EPS Estimates for Callidus Capital Corp (CBL) Boosted by Analyst
Callidus Capital Corp (TSE:CBL) – Analysts at National Bank Financial increased their FY2017 earnings per share estimates for Callidus Capital Corp in a research note issued to investors on Monday. National Bank Financial analyst J. Gloyn now anticipates that the brokerage will post earnings of $1.67 per share for the year, up from their previous estimate of $1.63.
Separately, CIBC raised their price target on shares of Callidus Capital Corp from C$14.50 to C$16.50 in a report on Tuesday, August 16th. Five equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of C$17.56.
Callidus Capital Corp (TSE:CBL) traded up 0.47% during midday trading on Thursday, reaching $17.20. 48,462 shares of the company traded hands. The firm has a market capitalization of $865.30 million and a price-to-earnings ratio of 10.56. The firm’s 50 day moving average price is $16.39 and its 200 day moving average price is $14.98. Callidus Capital Corp has a 12 month low of $6.94 and a 12 month high of $17.40.
About Callidus Capital Corp
Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.
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