Equities Analysts Set Expectations for Horizon North Logistics Inc.’s Q4 2017 Earnings (HNL)

Horizon North Logistics Inc. (TSE:HNL) – Analysts at Cormark issued their Q4 2017 EPS estimates for Horizon North Logistics in a research report issued to clients and investors on Wednesday. Cormark analyst J. Zhang anticipates that the company will post earnings of ($0.02) per share for the quarter. Cormark also issued estimates for Horizon North Logistics’ Q1 2018 earnings at $0.00 EPS, Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.02 EPS and Q4 2018 earnings at $0.02 EPS.

A number of other research analysts have also weighed in on the stock. National Bank Financial lifted their price target on shares of Horizon North Logistics from C$2.20 to C$2.40 and gave the company an “outperform” rating in a research note on Thursday, October 5th. Raymond James Financial lowered shares of Horizon North Logistics from an “outperform” rating to a “market perform” rating and cut their price target for the company from C$2.15 to C$1.60 in a research note on Tuesday. Finally, Scotiabank set a C$1.50 price target on shares of Horizon North Logistics and gave the company an “underperform” rating in a research note on Tuesday.

Horizon North Logistics (TSE:HNL) opened at C$1.64 on Friday. Horizon North Logistics has a one year low of C$1.16 and a one year high of C$2.35. The firm has a market cap of $237.27, a P/E ratio of -20.50 and a beta of 1.34.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date is Thursday, December 28th. Horizon North Logistics’s payout ratio is currently -100.00%.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.thestockobserver.com/2018/01/13/equities-analysts-set-expectations-for-horizon-north-logistics-inc-s-q4-2017-earnings-hnl.html.

Horizon North Logistics Company Profile

Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.

Receive News & Ratings for Horizon North Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon North Logistics and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply