Yellow Pages (TSE:Y) Hits New 12-Month Low – Here’s Why

Yellow Pages Limited (TSE:Y)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.09 and last traded at C$12.90, with a volume of 3600 shares changing hands. The stock had previously closed at C$13.47.

Analysts Set New Price Targets

Separately, National Bank Financial lifted their price objective on shares of Yellow Pages from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$12.50.

Yellow Pages Stock Up 0.2%

The company’s 50 day moving average is C$12.85 and its 200 day moving average is C$12.85. The company has a market cap of C$148.63 million, a PE ratio of 9.27, a P/E/G ratio of -0.32 and a beta of 0.96. The company has a current ratio of 2.23, a quick ratio of 3.26 and a debt-to-equity ratio of 113.63.

Yellow Pages (TSE:Y) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.29 earnings per share (EPS) for the quarter. Yellow Pages had a net margin of 9.95% and a return on equity of 40.00%. The company had revenue of C$47.56 million during the quarter. As a group, analysts predict that Yellow Pages Limited will post 1.6202946 earnings per share for the current fiscal year.

Yellow Pages Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.8%. Yellow Pages’s dividend payout ratio is presently 71.94%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.