Shares of Coveo Solutions Inc. (TSE:CVO – Get Free Report) have received an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$9.07.
A number of analysts have weighed in on the company. BMO Capital Markets cut their price target on Coveo Solutions from C$10.00 to C$6.00 and set an “outperform” rating for the company in a research note on Thursday. TD cut their price target on Coveo Solutions from C$9.50 to C$6.50 and set a “buy” rating for the company in a research note on Thursday. TD Securities cut their price target on Coveo Solutions from C$12.00 to C$9.50 and set a “buy” rating for the company in a research note on Friday, January 30th. Finally, National Bank Financial cut their price target on Coveo Solutions from C$7.00 to C$5.50 and set a “sector perform” rating for the company in a research note on Wednesday.
View Our Latest Analysis on CVO
Coveo Solutions Stock Performance
Coveo Solutions (TSE:CVO – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$54.02 million for the quarter. Coveo Solutions had a negative return on equity of 28.39% and a negative net margin of 22.49%. Analysts anticipate that Coveo Solutions will post -0.2144225 earnings per share for the current fiscal year.
About Coveo Solutions
Coveo brings superior AI-Relevance to every point-of-experience, transforming how enterprises connect with their customers and employees to maximize business outcomes. Relevance is about moving from persona to person, the degree to which the enterprise-wide content, products, recommendations, and advice presented to a person online aligns easily with their context, needs, preferences, behavior and intent, setting the competitive experience gold standard. Every person’s journey is unique, and only AI can solve the complexity of tailoring experiences across massive, diverse audiences and large volumes and variety of content and products.
Featured Articles
- Five stocks we like better than Coveo Solutions
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for Coveo Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coveo Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
