Q1 2024 Earnings Estimate for UGE International Ltd. Issued By HC Wainwright (CVE:UGE)

UGE International Ltd. (CVE:UGE) – Stock analysts at HC Wainwright issued their Q1 2024 earnings per share estimates for UGE International in a research report issued to clients and investors on Wednesday, May 1st. HC Wainwright analyst S. Joshi expects that the company will post earnings per share of ($0.16) for the quarter. The consensus estimate for UGE International’s current full-year earnings is ($0.35) per share. HC Wainwright also issued estimates for UGE International’s Q2 2024 earnings at ($0.18) EPS, Q3 2024 earnings at ($0.18) EPS, Q4 2024 earnings at ($0.16) EPS and FY2028 earnings at $1.08 EPS.

Separately, Cormark downgraded shares of UGE International from a “buy” rating to a “market perform” rating and dropped their price target for the stock from C$2.75 to C$1.00 in a research note on Wednesday.

UGE International Stock Performance

UGE International stock opened at C$0.53 on Thursday. UGE International has a 1 year low of C$0.50 and a 1 year high of C$2.03. The company’s 50-day moving average is C$0.79 and its two-hundred day moving average is C$1.01. The company has a current ratio of 1.14, a quick ratio of 0.73 and a debt-to-equity ratio of 1,211.57. The company has a market cap of C$17.63 million, a PE ratio of -0.96 and a beta of 0.71.

UGE International Company Profile

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.