Desjardins Has Negative Forecast for Zedcor FY2026 Earnings

Zedcor Inc. (CVE:ZDC) – Research analysts at Desjardins reduced their FY2026 earnings per share estimates for shares of Zedcor in a report issued on Thursday, November 13th. Desjardins analyst G. Ho now forecasts that the company will earn $0.03 per share for the year, down from their prior forecast of $0.04. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Zedcor’s current full-year earnings is $0.03 per share. Desjardins also issued estimates for Zedcor’s FY2027 earnings at $0.13 EPS.

Several other research firms have also weighed in on ZDC. Canaccord Genuity Group increased their target price on shares of Zedcor from C$5.25 to C$7.00 in a report on Friday, October 17th. Stifel Canada raised Zedcor to a “strong-buy” rating in a research note on Tuesday, August 19th. Stifel Nicolaus set a C$7.00 target price on Zedcor and gave the stock a “buy” rating in a report on Wednesday, August 20th. Finally, National Bankshares increased their price target on Zedcor from C$5.50 to C$7.50 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Three analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$6.65.

Zedcor Stock Down 4.3%

Zedcor stock opened at C$5.75 on Monday. The firm has a market capitalization of C$606.46 million, a price-to-earnings ratio of 287.25 and a beta of 1.26. The company’s 50 day simple moving average is C$5.72 and its 200 day simple moving average is C$4.52. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. Zedcor has a fifty-two week low of C$2.56 and a fifty-two week high of C$7.00.

Insider Buying and Selling

In related news, Director Dean Myles Shillington sold 500,000 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of C$6.25, for a total value of C$3,125,000.00. Following the sale, the director directly owned 2,900,135 shares of the company’s stock, valued at approximately C$18,125,843.75. The trade was a 14.71% decrease in their position. Over the last quarter, insiders have sold 1,501,800 shares of company stock valued at $9,385,530. Insiders own 30.15% of the company’s stock.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.