mdf commerce logo

FY2023 EPS Estimates for mdf commerce inc. Boosted by Analyst (TSE:MDF)

mdf commerce inc. (TSE:MDF – Get Rating) – Equities researchers at National Bank Financial raised their FY2023 earnings per share (EPS) estimates for shares of mdf commerce in a research report issued on Wednesday, October 5th. National Bank Financial analyst R. Tse now expects that the company will post earnings of ($0.46) per share for the year, up from their prior forecast of ($0.49). The consensus estimate for mdf commerce’s current full-year earnings is ($0.22) per share. National Bank Financial also issued estimates for mdf commerce’s FY2024 earnings at ($0.25) EPS.

MDF has been the subject of a number of other research reports. National Bankshares boosted their target price on mdf commerce from C$2.00 to C$3.00 and gave the stock a “sector perform” rating in a research report on Thursday. Scotiabank boosted their price objective on mdf commerce from C$3.00 to C$3.50 in a research report on Thursday. Laurentian lowered their price objective on mdf commerce from C$9.00 to C$6.50 in a research report on Tuesday, July 5th. Finally, BMO Capital Markets boosted their price objective on mdf commerce from C$3.00 to C$4.50 in a research report on Thursday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$7.25.

mdf commerce Stock Performance

TSE:MDF opened at C$2.83 on Monday. The business has a 50 day moving average of C$2.14 and a 200 day moving average of C$2.43. The company has a market capitalization of C$124.44 million and a price-to-earnings ratio of -5.06. mdf commerce has a 1-year low of C$1.51 and a 1-year high of C$6.72. The company has a debt-to-equity ratio of 20.46, a current ratio of 0.81 and a quick ratio of 0.49.

mdf commerce Company Profile

(Get Rating)

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, China, and internationally. The company’s SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include strategic sourcing, ecommerce, supply chain collaboration, and emarketplace.

Further Reading

Earnings History and Estimates for mdf commerce (TSE:MDF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider mdf commerce, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and mdf commerce wasn’t on the list.

While mdf commerce currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Source link Google News