Black Diamond Group Ltd (BDI) to Post Q3 2017 Earnings of ($0.08) Per Share, Clarus Securities Forecasts
Black Diamond Group Ltd (TSE:BDI) – Investment analysts at Clarus Securities dropped their Q3 2017 EPS estimates for shares of Black Diamond Group in a report released on Tuesday. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings per share of ($0.08) for the quarter, down from their previous estimate of ($0.03). Clarus Securities has a “Hold” rating on the stock. Clarus Securities also issued estimates for Black Diamond Group’s Q4 2017 earnings at ($0.08) EPS, FY2017 earnings at ($0.42) EPS, Q1 2018 earnings at ($0.03) EPS, Q2 2018 earnings at ($0.09) EPS and FY2018 earnings at ($0.13) EPS.
Other analysts have also issued reports about the stock. CIBC cut their target price on shares of Black Diamond Group from C$2.75 to C$1.75 in a research note on Tuesday. Acumen Capital cut their target price on shares of Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating for the company in a research note on Tuesday. National Bank Financial cut their target price on shares of Black Diamond Group from C$4.50 to C$3.00 and set a “sector perform” rating for the company in a research note on Friday, August 4th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$6.00 target price on shares of Black Diamond Group in a research note on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$4.07.
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Black Diamond Group (BDI) opened at 1.73 on Thursday. The firm’s market capitalization is $94.65 million. The company’s 50 day moving average price is $2.52 and its 200 day moving average price is $3.61. Black Diamond Group has a 12 month low of $1.59 and a 12 month high of $5.88.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be paid a dividend of $0.025 per share. This represents a $0.30 annualized dividend and a yield of 17.34%. The ex-dividend date of this dividend is Thursday, July 27th.
Black Diamond Group Company Profile
Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.
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