Dorel Industries (TSE:DII.B) Price Target Raised to C$2.25

Dorel Industries (TSE:DII.B) had its target price raised by TD Securities from C$1.50 to C$2.25 in a research report report published on Thursday,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Dorel Industries Stock Performance

Dorel Industries stock opened at C$1.71 on Thursday. Dorel Industries has a fifty-two week low of C$1.15 and a fifty-two week high of C$2.93. The company has a market capitalization of C$55.86 million, a price-to-earnings ratio of -0.29, a PEG ratio of -0.11 and a beta of 0.86. The stock has a fifty day moving average of C$1.85 and a two-hundred day moving average of C$1.69. The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45.

Dorel Industries (TSE:DII.B) last issued its quarterly earnings data on Tuesday, March 10th. The company reported C($0.48) earnings per share (EPS) for the quarter. The company had revenue of C$361.20 million during the quarter. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. On average, analysts anticipate that Dorel Industries will post 0.7015306 EPS for the current fiscal year.

About Dorel Industries

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children’s furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children’s accessories which include infant car seats, strollers, high chairs, and infant health and safety aids.