Evertz Technologies Limited (TSE:ET) declared a quarterly dividend on Thursday, July 9th, TickerTech reports. Shareholders of record on Friday, July 17th will be paid a dividend of 0.09 per share on Friday, July 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date is Thursday, July 9th.
Shares of ET opened at C$12.70 on Tuesday. The stock’s 50-day moving average is C$13.78 and its two-hundred day moving average is C$15.36. The stock has a market cap of $859.47 million and a PE ratio of 13.66. Evertz Technologies has a 12 month low of C$9.69 and a 12 month high of C$19.27. The company has a debt-to-equity ratio of 10.43, a current ratio of 3.00 and a quick ratio of 1.41.
Evertz Technologies (TSE:ET) last issued its quarterly earnings data on Tuesday, June 30th. The company reported C$0.21 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.13 by C$0.08. The company had revenue of C$92.17 million for the quarter, compared to analyst estimates of C$94.57 million. On average, research analysts anticipate that Evertz Technologies will post 1.01 earnings per share for the current year.
ET has been the topic of a number of recent research reports. BMO Capital Markets set a C$17.00 price objective on Evertz Technologies in a research note on Thursday, March 12th. Raymond James set a C$15.00 price target on Evertz Technologies and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Canaccord Genuity cut their price target on Evertz Technologies from C$18.00 to C$15.00 in a research note on Wednesday, June 24th. Finally, Royal Bank of Canada cut their price target on Evertz Technologies from C$14.00 to C$13.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 2nd.
Evertz Technologies Company Profile
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, master control switchers, accessories, and network management systems, as well as keyers, and media and logo inserters.
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