Cormark Analysts Cut Earnings Estimates for Perk.com Inc (PER)
Perk.com Inc (TSE:PER) – Stock analysts at Cormark reduced their Q4 2016 earnings estimates for Perk.com in a research note issued on Tuesday. Cormark analyst H. Mak now forecasts that the brokerage will earn $0.16 per share for the quarter, down from their previous estimate of $0.26. Cormark also issued estimates for Perk.com’s Q3 2017 earnings at $0.07 EPS, Q4 2017 earnings at $0.23 EPS and FY2017 earnings at $0.38 EPS.
Separately, Canaccord Genuity dropped their price objective on shares of Perk.com from C$9.00 to C$6.50 and set a “buy” rating on the stock in a research note on Tuesday.
Shares of Perk.com (TSE:PER) opened at 2.00 on Wednesday. The stock’s 50 day moving average is $2.16 and its 200-day moving average is $2.96. The firm’s market capitalization is $42.31 million. Perk.com has a 52-week low of $1.75 and a 52-week high of $5.45.
Perk.com Company Profile
Perk Inc (Perk), formerly Perk.com Inc, is a Canada-based mobile rewards platform provider. It provides the Perk Rewards Platform, which is available through a suite of owned and operated applications and Websites, as well as third-party applications and Websites, where consumers can interact to earn Perk Points.
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