Exco Technologies Limited to Post FY2018 Earnings of $1.17 Per Share, Cormark Forecasts (TSE:XTC)

Exco Technologies Limited (TSE:XTC) – Research analysts at Cormark decreased their FY2018 EPS estimates for shares of Exco Technologies Limited in a research note issued on Tuesday. Cormark analyst D. Tyerman now expects that the company will post earnings of $1.17 per share for the year, down from their prior estimate of $1.43.

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Separately, Scotiabank reissued an “outperform” rating and issued a C$15.00 price objective on shares of Exco Technologies Limited in a research report on Sunday, April 30th.

Exco Technologies Limited (TSE:XTC) traded down 0.39% during midday trading on Thursday, reaching $10.25. The company had a trading volume of 160,747 shares. The company has a market capitalization of $437.16 million and a PE ratio of 9.67. Exco Technologies Limited has a 12-month low of $9.89 and a 12-month high of $12.79. The stock has a 50-day moving average price of $10.84 and a 200 day moving average price of $11.24.

In other news, insider Paul Robbins sold 9,800 shares of Exco Technologies Limited stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of C$10.92, for a total value of C$107,016.00. Also, insider Paul Riganelli sold 2,500 shares of Exco Technologies Limited stock in a transaction dated Friday, May 26th. The stock was sold at an average price of C$11.46, for a total value of C$28,650.00. Over the last three months, insiders sold 14,300 shares of company stock valued at $158,606.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.08 dividend. The ex-dividend date is Thursday, September 14th. This is a positive change from Exco Technologies Limited’s previous quarterly dividend of $0.06. This represents a $0.32 annualized dividend and a dividend yield of 3.12%.

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.

Earnings History and Estimates for Exco Technologies Limited (TSE:XTC)

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