Valens GroWorks Corp. Forecasted to Earn FY2019 Earnings of $0.03 Per Share (CVE:VGW)

Valens GroWorks Corp. (CVE:VGW) – Research analysts at Desjardins issued their FY2019 earnings per share (EPS) estimates for shares of Valens GroWorks in a research note issued on Wednesday, November 6th. Desjardins analyst J. Chu forecasts that the company will earn $0.03 per share for the year. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Valens GroWorks’ Q4 2019 earnings at $0.05 EPS, Q1 2020 earnings at $0.07 EPS, Q2 2020 earnings at $0.09 EPS, Q3 2020 earnings at $0.12 EPS, Q4 2020 earnings at $0.14 EPS, FY2020 earnings at $0.42 EPS and FY2021 earnings at $0.58 EPS.

Separately, Eight Capital set a C$8.25 price objective on shares of Valens GroWorks and gave the stock a “buy” rating in a research note on Thursday, July 25th.

Shares of VGW opened at C$3.09 on Monday. The stock has a 50 day simple moving average of C$3.10. The firm has a market cap of $429.97 million and a PE ratio of -17.07. Valens GroWorks has a 12-month low of C$1.13 and a 12-month high of C$4.90.

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Earnings History and Estimates for Valens GroWorks (CVE:VGW)

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