Horizon North Logistics Inc (TSE:HNL) – Investment analysts at Beacon Securities issued their Q2 2019 EPS estimates for shares of Horizon North Logistics in a research note issued on Monday, May 6th, according to Zacks Investment Research. Beacon Securities analyst K. Wilson expects that the company will earn $0.01 per share for the quarter. Beacon Securities also issued estimates for Horizon North Logistics’ Q3 2019 earnings at $0.02 EPS and FY2019 earnings at $0.08 EPS.
Several other brokerages have also recently weighed in on HNL. TD Securities increased their price target on Horizon North Logistics from C$2.75 to C$3.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th. Raymond James reissued an “outperform” rating and issued a C$2.50 price target on shares of Horizon North Logistics in a research note on Friday, May 3rd. National Bank Financial increased their price target on Horizon North Logistics from C$3.20 to C$3.30 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Finally, AltaCorp Capital reissued an “outperform” rating on shares of Horizon North Logistics in a research note on Wednesday, March 13th. Five investment analysts have rated the stock with a buy rating, Horizon North Logistics presently has a consensus rating of “Buy” and an average price target of C$2.96.
Shares of HNL stock traded down C$0.05 on Thursday, hitting C$1.90. The company had a trading volume of 90,769 shares, compared to its average volume of 237,658. The stock has a market cap of $313.60 million and a price-to-earnings ratio of 237.50. The company has a current ratio of 1.82, a quick ratio of 1.66 and a debt-to-equity ratio of 17.39. Horizon North Logistics has a twelve month low of C$1.48 and a twelve month high of C$3.27.
Horizon North Logistics (TSE:HNL) last issued its quarterly earnings results on Tuesday, March 12th. The company reported C$0.01 earnings per share for the quarter, meeting the consensus estimate of C$0.01. The company had revenue of C$118.05 million during the quarter, compared to analyst estimates of C$107.29 million.
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.08 annualized dividend and a yield of 4.21%. Horizon North Logistics’s dividend payout ratio is currently 1,000.00%.
In other Horizon North Logistics news, Director Russell Newmark bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average price of C$1.88 per share, with a total value of C$28,200.00. Following the completion of the purchase, the director now directly owns 855,353 shares of the company’s stock, valued at approximately C$1,608,063.64. Also, Director Roderick William Graham sold 200,000 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of C$2.33, for a total value of C$466,000.00. Following the sale, the director now directly owns 83,500 shares of the company’s stock, valued at approximately C$194,555.
Horizon North Logistics Company Profile
Horizon North Logistics Inc provides industrial, commercial, and residential products and services in Canada. The company operates in two segments, Industrial Services and Modular Solutions. The Industrial Services segment supplies workforce accommodations, camp management services, access solutions, relocatable structures, and maintenance and utilities services.