FY2016 EPS Estimates for Black Diamond Group Ltd (BDI) Reduced by Clarus Securities
Black Diamond Group Ltd (TSE:BDI) – Equities research analysts at Clarus Securities cut their FY2016 EPS estimates for Black Diamond Group in a note issued to investors on Thursday. Clarus Securities analyst S. Kammermayer now anticipates that the firm will post earnings per share of ($0.55) for the year, down from their previous estimate of ($0.40). Clarus Securities currently has a “Hold” rating on the stock. Clarus Securities also issued estimates for Black Diamond Group’s Q4 2016 earnings at ($0.10) EPS, Q1 2017 earnings at ($0.03) EPS, Q2 2017 earnings at ($0.07) EPS, Q3 2017 earnings at ($0.01) EPS, Q4 2017 earnings at $0.00 EPS and FY2017 earnings at ($0.12) EPS.
BDI has been the topic of a number of other reports. CIBC raised their price target on shares of Black Diamond Group from C$4.50 to C$4.75 in a research note on Thursday, November 3rd. Raymond James Financial Inc. decreased their price target on shares of Black Diamond Group from C$15.75 to C$13.75 and set a “strong-buy” rating on the stock in a research note on Thursday, August 25th. Scotiabank reaffirmed an “outperform” rating and issued a C$8.50 price target on shares of Black Diamond Group in a research note on Monday, August 15th. Finally, Acumen Capital decreased their price target on shares of Black Diamond Group from C$6.20 to C$5.60 and set a “buy” rating on the stock in a research note on Thursday, October 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Black Diamond Group has a consensus rating of “Hold” and a consensus target price of C$7.01.
Black Diamond Group (TSE:BDI) opened at 3.49 on Monday. Black Diamond Group has a 1-year low of $3.46 and a 1-year high of $7.74. The stock’s 50 day moving average price is $4.44 and its 200-day moving average price is $4.86. The company’s market cap is $152.86 million.
About Black Diamond Group
Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.
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