Cormark Weighs in on Dirtt Environmental Solutions Ltd’s FY2017 Earnings (DRT)
Dirtt Environmental Solutions Ltd (TSE:DRT) – Investment analysts at Cormark decreased their FY2017 earnings estimates for shares of Dirtt Environmental Solutions in a report issued on Friday. Cormark analyst G. Fairweather now forecasts that the company will earn $0.06 per share for the year, down from their prior estimate of $0.08.
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A number of other equities research analysts also recently issued reports on DRT. Beacon Securities downgraded Dirtt Environmental Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Raymond James Financial, Inc. decreased their price objective on Dirtt Environmental Solutions from C$10.00 to C$9.00 and set a “strong-buy” rating on the stock in a research report on Thursday, August 3rd. Finally, National Bank Financial set a C$8.25 price objective on Dirtt Environmental Solutions in a research report on Friday, August 4th.
Shares of Dirtt Environmental Solutions (DRT) opened at C$5.94 on Monday. Dirtt Environmental Solutions has a 52-week low of C$4.61 and a 52-week high of C$7.51.
In other Dirtt Environmental Solutions news, Director Scott Ronald Jenkins purchased 50,000 shares of Dirtt Environmental Solutions stock in a transaction dated Thursday, August 24th. The shares were purchased at an average cost of C$5.81 per share, for a total transaction of C$290,500.00. Also, Director Lawrence David Fairholm purchased 4,500 shares of Dirtt Environmental Solutions stock in a transaction dated Wednesday, August 9th. The stock was acquired at an average price of C$5.61 per share, for a total transaction of C$25,245.00. Over the last quarter, insiders bought 63,000 shares of company stock worth $362,065.
Dirtt Environmental Solutions Company Profile
DIRTT Environmental Solutions Ltd. is a manufacturer of customized interiors. The Company combines its three-dimensional (3D) design, configuration and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network.
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