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The Cormark Equities Analysts Lower Earnings Estimates for Exco Technologies Limited (XTC)

XTC has been the topic of a number of other reports. Scotiabank reiterated an “outperform” rating and issued a C$15.00 target price on shares of Exco Technologies Limited in a report on Friday. BMO Capital Markets dropped their target price on shares of Exco Technologies Limited from C$13.00 to C$11.50 in a report on Friday, December 2nd.

Exco Technologies Limited (TSE:XTC) – Stock analysts at Cormark reduced their Q3 2017 EPS estimates for Exco Technologies Limited in a research report issued on Thursday. Cormark analyst D. Tyerman now anticipates that the firm will post earnings of $0.29 per share for the quarter, down from their prior estimate of $0.31. Cormark also issued estimates for Exco Technologies Limited’s Q4 2017 earnings at $0.30 EPS, Q1 2018 earnings at $0.33 EPS, Q3 2018 earnings at $0.32 EPS, FY2018 earnings at $1.33 EPS, FY2019 earnings at $1.41 EPS, FY2020 earnings at $1.45 EPS and FY2021 earnings at $1.49 EPS.

Shares of Exco Technologies Limited (TSE:XTC) opened at 10.45 on Friday. Exco Technologies Limited has a 12 month low of $9.89 and a 12 month high of $16.17. The firm has a market cap of $444.99 million and a price-to-earnings ratio of 9.50. The company’s 50-day moving average is $10.86 and its 200-day moving average is $11.51.

Exco Technologies Limited Company Profile

Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company’s segments include casting and extrusion, and automotive solutions. The casting and extrusion segment designs, develops and manufactures die-casting and extrusion tooling, and consumable parts for both aluminum die-casting and aluminum extrusion machines.

Source: petroglobalnews24.com

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