Foraco International SA (TSE:FAR – Free Report) – Analysts at Clarus Securities decreased their FY2026 earnings per share estimates for Foraco International in a research report issued on Friday, May 1st. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings per share of $0.34 for the year, down from their prior forecast of $0.36. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share.
Foraco International (TSE:FAR – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$92.11 million during the quarter. Foraco International had a return on equity of 16.77% and a net margin of 6.02%.
Check Out Our Latest Report on Foraco International
Foraco International Stock Performance
Shares of FAR opened at C$2.90 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 0.88 and a debt-to-equity ratio of 99.57. The company has a market capitalization of C$284.31 million, a price-to-earnings ratio of 19.71 and a beta of 1.09. The stock has a 50 day moving average of C$2.90 and a 200 day moving average of C$2.61. Foraco International has a 12 month low of C$1.57 and a 12 month high of C$3.54.
Insiders Place Their Bets
In other news, Director William Warren Holmes acquired 17,000 shares of Foraco International stock in a transaction on Monday, March 16th. The stock was acquired at an average cost of C$2.84 per share, with a total value of C$48,280.00. Following the completion of the acquisition, the director owned 450,001 shares in the company, valued at approximately C$1,278,002.84. This trade represents a 3.93% increase in their ownership of the stock. Company insiders own 35.74% of the company’s stock.
Foraco International Company Profile
Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.
Featured Stories
Receive News & Ratings for Foraco International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foraco International and related companies with MarketBeat.com's FREE daily email newsletter.
