FY2018 Earnings Estimate for Indigo Books & Music Inc. Issued By Cormark (IDG)
Indigo Books & Music Inc. (TSE:IDG) – Equities research analysts at Cormark boosted their FY2018 EPS estimates for Indigo Books & Music in a report issued on Thursday. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $1.03 per share for the year, up from their previous forecast of $1.01. Cormark also issued estimates for Indigo Books & Music’s FY2019 earnings at $1.28 EPS.
Shares of Indigo Books & Music (IDG) traded up C$0.19 during trading hours on Monday, hitting C$18.99. The stock had a trading volume of 300 shares, compared to its average volume of 8,519. Indigo Books & Music has a one year low of C$15.00 and a one year high of C$19.27. The firm has a market cap of $501.39, a price-to-earnings ratio of 21.36 and a beta of 0.27.
About Indigo Books & Music
Indigo Books & Music Inc is a Canada-based book, gift and toy retailer. The Company operates stores in approximately 10 provinces and a territory in Canada, and offers online sales through its indigo.ca Website. It operates approximately 90 superstores under the banners Chapters and Indigo, and approximately 120 small format stores under the banners Coles, Indigospirit, SmithBooks and The Book Company.
Receive News & Ratings for Indigo Books & Music Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indigo Books & Music and related companies with MarketBeat.com's FREE daily email newsletter.