Morneau Shepell Inc (TSE:MSI) – Equities researchers at National Bank Financial decreased their Q3 2019 earnings per share estimates for shares of Morneau Shepell in a report released on Thursday, August 8th. National Bank Financial analyst J. Gloyn now expects that the company will earn $0.12 per share for the quarter, down from their previous forecast of $0.14. National Bank Financial currently has a “Outperform” rating and a $35.00 target price on the stock. National Bank Financial also issued estimates for Morneau Shepell’s FY2019 earnings at $0.47 EPS.

A number of other analysts also recently issued reports on the stock. TD Securities raised their price target on shares of Morneau Shepell from C$31.00 to C$34.00 and gave the company a “hold” rating in a report on Monday. CIBC raised their price target on shares of Morneau Shepell from C$32.00 to C$35.00 in a report on Monday.

Shares of TSE MSI opened at C$32.27 on Monday. The company’s 50-day moving average is C$30.32. The company has a debt-to-equity ratio of 95.16, a quick ratio of 1.10 and a current ratio of 1.39. The stock has a market cap of $2.11 billion and a P/E ratio of 124.59. Morneau Shepell has a 52-week low of C$23.64 and a 52-week high of C$33.16.

The business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Tuesday, July 30th. Morneau Shepell’s payout ratio is presently 301.16%.

About Morneau Shepell

Morneau Shepell Inc operates as a human resources consulting and technology company in Canada, the United States, and internationally. The company provides health and productivity, administrative, and retirement solutions to assist employers in managing the financial security, health, and productivity of their employees.

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