FY2020 Earnings Forecast for Edgewater Technology, Inc. (ALYA) Issued By Cormark
Edgewater Technology, Inc. (NYSE:ALYA) – Research analysts at Cormark upped their FY2020 earnings estimates for Edgewater Technology in a report released on Wednesday, March 13th. Cormark analyst G. Fairweather now forecasts that the company will earn $0.08 per share for the year, up from their prior estimate of $0.07. Cormark also issued estimates for Edgewater Technology’s FY2021 earnings at $0.16 EPS.
A number of other brokerages have also recently commented on ALYA. Zacks Investment Research cut shares of Edgewater Technology from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th. Eight Capital reaffirmed a “buy” rating on shares of Edgewater Technology in a report on Thursday, March 7th. Finally, Desjardins reaffirmed a “buy” rating on shares of Edgewater Technology in a report on Wednesday, November 21st.
Edgewater Technology (NYSE:ALYA) last issued its quarterly earnings data on Thursday, February 14th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $44.02 million for the quarter.
An institutional investor recently bought a new position in Edgewater Technology stock. Geode Capital Management LLC acquired a new stake in Edgewater Technology, Inc. (NYSE:ALYA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 44,693 shares of the company’s stock, valued at approximately $105,000. Geode Capital Management LLC owned 0.14% of Edgewater Technology as of its most recent filing with the Securities and Exchange Commission.
Edgewater Technology Company Profile
Alithya Group Inc provides information technology and management consulting services. The company's services include strategic direction, such as strategic planning, strategic information technology planning, strategic alignment, organizational management, and program evaluation; and architecture that includes enterprise, business, information, applications, technology, security, and solutions architecture services.
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