TSE:GDI FY2024 EPS Lowered by National Bank Financial

GDI Integrated Facility Services Inc. (TSE:GDI) – Equities researchers at National Bank Financial cut their FY2024 earnings per share (EPS) estimates for shares of GDI Integrated Facility Services in a research note issued to investors on Wednesday, November 13th. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings of $0.55 per share for the year, down from their previous forecast of $0.67. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share.

GDI has been the subject of several other research reports. National Bankshares lifted their price objective on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday. Cormark dropped their price objective on GDI Integrated Facility Services from C$40.00 to C$39.00 in a report on Friday, August 9th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, GDI Integrated Facility Services currently has a consensus rating of “Hold” and a consensus target price of C$42.75.

GDI Integrated Facility Services Stock Performance

The company has a current ratio of 1.75, a quick ratio of 1.44 and a debt-to-equity ratio of 104.15. The firm has a market cap of C$543.91 million, a price-to-earnings ratio of 53.57 and a beta of 1.03. The business’s 50-day moving average price is C$35.96 and its 200-day moving average price is C$34.77. GDI Integrated Facility Services has a 12 month low of C$30.77 and a 12 month high of C$40.12.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.