Snc-Lavalin Group Inc (TSE:SNC) – Stock analysts at National Bank Financial issued their Q1 2020 earnings estimates for Snc-Lavalin Group in a report released on Wednesday, December 18th, according to Zacks Investment Research. National Bank Financial analyst M. Sytchev forecasts that the company will earn $0.41 per share for the quarter. National Bank Financial has a “Outperform” rating and a $42.00 price objective on the stock. National Bank Financial also issued estimates for Snc-Lavalin Group’s Q2 2020 earnings at $0.42 EPS, Q3 2020 earnings at $0.44 EPS, Q4 2020 earnings at $0.45 EPS, FY2020 earnings at $1.71 EPS and FY2021 earnings at $1.97 EPS.
Several other equities research analysts also recently commented on the company. Raymond James set a C$26.00 price objective on Snc-Lavalin Group and gave the company a “market perform” rating in a report on Tuesday, December 17th. TD Securities lifted their price target on shares of Snc-Lavalin Group from C$31.00 to C$39.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Desjardins upgraded shares of Snc-Lavalin Group from a “hold” rating to a “buy” rating in a research note on Tuesday, October 1st. Finally, CIBC upped their price objective on shares of Snc-Lavalin Group from C$25.00 to C$29.00 in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Snc-Lavalin Group has an average rating of “Buy” and an average target price of C$32.75.
Snc-Lavalin Group stock traded up C$0.09 during midday trading on Monday, reaching C$29.79. The stock had a trading volume of 665,817 shares, compared to its average volume of 614,847. The company has a current ratio of 1.21, a quick ratio of 1.10 and a debt-to-equity ratio of 69.33. Snc-Lavalin Group has a 12 month low of C$15.47 and a 12 month high of C$48.88. The company has a fifty day moving average price of C$26.44 and a two-hundred day moving average price of C$22.25. The company has a market capitalization of $5.21 billion and a P/E ratio of -5.35.
Snc-Lavalin Group (TSE:SNC) last posted its quarterly earnings results on Thursday, October 31st. The company reported C$1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.20 by C$1.04. The business had revenue of C$2.43 billion for the quarter, compared to the consensus estimate of C$2.31 billion.
Snc-Lavalin Group Company Profile
SNC-Lavalin Group Inc provides consulting, design, engineering, construction, and operation and maintenance services worldwide. It operates through Mining & Metallurgy; Oil & Gas; Nuclear; Clean Power; Infrastructure; Engineering, Design and Project Management; and Capital segments. The company offers solutions for projects in the aluminum, gold, copper, iron ore, nickel, fertilizer, sulphur, and other projects, as well as commodities related to rechargeable batteries for cars, mobile phones, and other electronic devices.