Exco Technologies (XTC) Set to Announce Quarterly Earnings on Wednesday - Defense World

2022-04-21 07:03:12 By : Ms. Jessica Sun

Posted by admin on Apr 20th, 2022

Exco Technologies (TSE:XTC – Get Rating) is set to post its quarterly earnings results after the market closes on Wednesday, April 27th. Analysts expect Exco Technologies to post earnings of C$0.11 per share for the quarter.

Exco Technologies (TSE:XTC – Get Rating) last announced its earnings results on Tuesday, February 1st. The company reported C$0.07 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.22 by C($0.15). The firm had revenue of C$100.98 million during the quarter, compared to analysts’ expectations of C$120.10 million.

Shares of Exco Technologies stock opened at C$9.04 on Wednesday. The stock has a market cap of C$353.44 million and a price-to-earnings ratio of 11.74. The company has a debt-to-equity ratio of 4.33, a quick ratio of 1.37 and a current ratio of 2.51. The stock has a 50 day moving average price of C$9.24 and a 200-day moving average price of C$9.58. Exco Technologies has a one year low of C$8.88 and a one year high of C$11.50.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Thursday, March 17th were issued a $0.105 dividend. This is a boost from Exco Technologies’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.65%. Exco Technologies’s payout ratio is 51.95%.

A number of equities analysts have recently commented on the company. BMO Capital Markets dropped their target price on Exco Technologies from C$11.00 to C$10.00 in a report on Thursday, February 3rd. Cormark boosted their price objective on Exco Technologies from C$15.00 to C$15.25 and gave the company a “buy” rating in a report on Tuesday, December 21st.

About Exco Technologies (Get Rating)

Exco Technologies Limited, together with its subsidiaries, designs, develops, and manufactures 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. The Casting and Extrusion segment designs, develops, and manufactures tooling and consumable parts for aluminum die-casting and aluminum extrusion machines.

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