National Bank Financial Predicts Pivotree Q4 Earnings

Pivotree Inc. (CVE:PVT) – National Bank Financial issued their Q4 2024 earnings per share (EPS) estimates for shares of Pivotree in a research note issued on Wednesday, November 13th. National Bank Financial analyst J. Shao anticipates that the company will earn ($0.03) per share for the quarter. The consensus estimate for Pivotree’s current full-year earnings is $0.08 per share.

PVT has been the topic of several other research reports. Canaccord Genuity Group dropped their price objective on Pivotree from C$1.25 to C$1.00 in a research note on Thursday. Cormark lowered Pivotree from a “buy” rating to a “market perform” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of C$2.38.

Pivotree Trading Down 10.0 %

Shares of Pivotree stock opened at C$0.90 on Friday. The firm has a market cap of C$23.68 million, a PE ratio of -2.53 and a beta of 0.22. Pivotree has a 1 year low of C$0.90 and a 1 year high of C$2.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.80 and a quick ratio of 1.95. The stock has a fifty day moving average price of C$1.10 and a 200-day moving average price of C$1.26.

Pivotree (CVE:PVT) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C($0.12) EPS for the quarter. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.41%. The business had revenue of C$20.26 million for the quarter, compared to analysts’ expectations of C$20.75 million.

About Pivotree

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.