Enterprise Group (TSE:E) Issues Earnings Results

Enterprise Group (TSE:E) announced its quarterly earnings results on Thursday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$9.21 million during the quarter. Enterprise Group had a return on equity of 12.38% and a net margin of 16.81%.

Enterprise Group Price Performance

Shares of TSE E traded down C$0.03 during trading hours on Friday, hitting C$1.29. 14,261 shares of the stock were exchanged, compared to its average volume of 282,244. The company’s fifty day simple moving average is C$1.36 and its two-hundred day simple moving average is C$1.54. The company has a market cap of C$100.06 million, a PE ratio of 64.50 and a beta of 1.13. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85. Enterprise Group has a 1-year low of C$1.08 and a 1-year high of C$2.69.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$2.42 price objective on shares of Enterprise Group and gave the stock a “buy” rating in a report on Tuesday, August 26th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Enterprise Group presently has a consensus rating of “Buy” and an average target price of C$2.61.

Enterprise Group Company Profile

Enterprise Group Inc is an equipment rental and construction services company operating in the energy and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.