FY2016 EPS Estimates for Tucows Inc. (TC) Lifted by Cormark
Tucows Inc. (TSE:TC) – Cormark increased their FY2016 EPS estimates for shares of Tucows in a research note issued on Tuesday. Cormark analyst H. Mak now expects that the brokerage will earn $2.18 per share for the year, up from their prior estimate of $2.13. Cormark also issued estimates for Tucows’ Q1 2017 earnings at $0.58 EPS, Q2 2017 earnings at $0.59 EPS, Q3 2017 earnings at $0.60 EPS, Q4 2017 earnings at $0.63 EPS and FY2017 earnings at $2.41 EPS.
Separately, Cantor Fitzgerald initiated coverage on Tucows in a research note on Thursday, August 25th. They issued a “buy” rating and a C$36.00 target price on the stock.
Shares of Tucows (TSE:TC) opened at 41.48 on Friday. The firm has a market capitalization of $432.39 million and a price-to-earnings ratio of 30.79. The company has a 50-day moving average price of $40.44 and a 200 day moving average price of $35.40. Tucows has a 1-year low of $25.68 and a 1-year high of $45.50.
Tucows Inc is engaged in providing Internet services. The Company’s segments include Domain Services and Network Access Services. The Domain Services segment has over three service offerings, being wholesale and retail domain name registration services, value added services and portfolio. The Network Access Services segment includes mobile services and other services.
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