Exco Technologies (XTC) Scheduled to Post Earnings on Wednesday

Exco Technologies (TSE:XTC) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Exco Technologies to post earnings of C$0.17 per share for the quarter.

Exco Technologies (TSE:XTC) last announced its quarterly earnings results on Wednesday, January 31st. The company reported C$0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.20 by C($0.05). Exco Technologies had a net margin of 4.30% and a return on equity of 7.51%. The firm had revenue of C$156.71 million for the quarter, compared to analyst estimates of C$167.60 million.

Exco Technologies Stock Performance

Shares of XTC opened at C$7.08 on Tuesday. Exco Technologies has a 1 year low of C$7.00 and a 1 year high of C$8.98. The company has a market cap of C$275.13 million, a price-to-earnings ratio of 9.97 and a beta of 1.18. The company has a debt-to-equity ratio of 32.83, a quick ratio of 1.30 and a current ratio of 2.61. The firm has a fifty day moving average of C$7.31 and a 200-day moving average of C$7.44.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 5.93%. The ex-dividend date of this dividend was Wednesday, March 13th. Exco Technologies’s dividend payout ratio (DPR) is 59.15%.

Analysts Set New Price Targets

Separately, Cormark lifted their price objective on shares of Exco Technologies from C$12.75 to C$13.00 in a research note on Friday, February 2nd.

Exco Technologies Company Profile

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.