Black Diamond Group Ltd (TSE:BDI) – Equities research analysts at Cormark dropped their Q3 2017 EPS estimates for Black Diamond Group in a research report issued on Tuesday. Cormark analyst J. Zhang now expects that the company will post earnings per share of ($0.08) for the quarter, down from their previous forecast of ($0.04). Cormark also issued estimates for Black Diamond Group’s Q4 2017 earnings at ($0.05) EPS, FY2017 earnings at ($0.35) EPS, Q1 2018 earnings at ($0.03) EPS, Q2 2018 earnings at ($0.04) EPS, Q3 2018 earnings at ($0.01) EPS, Q4 2018 earnings at ($0.01) EPS and FY2018 earnings at ($0.09) EPS.
A number of other analysts have also weighed in on the company. Clarus Securities lowered Black Diamond Group from a “buy” rating to a “hold” rating in a research note on Tuesday. Acumen Capital lowered their price objective on Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday. CIBC lowered their price objective on Black Diamond Group from C$2.75 to C$1.75 in a research report on Tuesday. National Bank Financial lowered their price objective on Black Diamond Group from C$4.50 to C$3.00 and set a “sector perform” rating for the company in a research report on Friday, August 4th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$6.00 price objective on shares of Black Diamond Group in a research report 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 given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of C$4.07.
Shares of Black Diamond Group (TSE:BDI) opened at 1.69 on Thursday. Black Diamond Group has a 1-year low of $1.59 and a 1-year high of $5.88. The company’s market cap is $93.47 million. The firm’s 50-day moving average is $2.48 and its 200 day moving average is $3.57.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be given a $0.025 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $0.30 dividend on an annualized basis and a yield of 17.75%.
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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