Q3 EPS Estimate for Foraco International Reduced by Analyst

Foraco International SA (TSE:FAR) – Equities researchers at Clarus Securities lowered their Q3 2026 EPS estimates for Foraco International in a research note issued to investors on Thursday, August 6th. Clarus Securities analyst S. Kammermayer now forecasts that the company will earn $0.10 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share. Clarus Securities also issued estimates for Foraco International’s Q4 2026 earnings at $0.08 EPS, Q2 2027 earnings at $0.14 EPS and Q3 2027 earnings at $0.14 EPS.

Foraco International Price Performance

FAR opened at C$2.85 on Monday. The stock has a fifty day moving average price of C$2.66 and a 200 day moving average price of C$2.85. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 100.98. Foraco International has a 1 year low of C$1.81 and a 1 year high of C$3.54. The stock has a market cap of C$279.16 million, a price-to-earnings ratio of 22.85 and a beta of 1.21.

Insider Transactions at Foraco International

In other news, Director Jean-Pierre Maurice Charmensat sold 2,000,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of C$3.02, for a total transaction of C$6,040,000.00. Following the completion of the sale, the director directly owned 17,583,966 shares of the company’s stock, valued at C$53,103,577.32. This trade represents a 10.21% decrease in their position. Also, Director Daniel Louis Simoncini sold 2,000,000 shares of Foraco International stock in a transaction dated Friday, June 12th. The shares were sold at an average price of C$3.02, for a total value of C$6,040,000.00. Following the sale, the director owned 10,571,225 shares of the company’s stock, valued at approximately C$31,925,099.50. This represents a 15.91% decrease in their ownership of the stock. 35.74% of the stock is owned by company insiders.

Foraco International Company Profile

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.