FY2017 EPS Estimates for TeraGo Inc. Decreased by Analyst (TGO)
TeraGo Inc. (TSE:TGO) – Investment analysts at Cormark decreased their FY2017 earnings per share (EPS) estimates for shares of TeraGo in a report issued on Monday. Cormark analyst D. Mcfadgen now expects that the firm will post earnings per share of $0.03 for the year, down from their previous forecast of $0.10. Cormark also issued estimates for TeraGo’s FY2018 earnings at $0.06 EPS.
Separately, TD Securities reaffirmed a “buy” rating and set a C$7.00 price target on shares of TeraGo in a research note on Monday, August 15th.
TeraGo (TSE:TGO) opened at 4.29 on Tuesday. The company’s 50-day moving average is $4.78 and its 200-day moving average is $5.13. TeraGo has a 12 month low of $4.20 and a 12 month high of $5.99. The company’s market cap is $60.87 million.
TeraGo Inc, through its subsidiaries, provides businesses across Canada with data and voice communications services, data center colocation and hosting services through its approximately seven data centers, as well as cloud Infrastructure as a Service (IaaS) computing and storage solutions. With respect to its data and voice communications services, the Company owns and operates a carrier-grade, MultiProtocol Label Switching (MPLS)-enabled fixed wireless, Internet protocol (IP) communications network in Canada targeting businesses that require Internet access and data connectivity services.
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