Horizon North Logistics Inc (TSE:HNL) Forecasted to Post FY2019 Earnings of ($0.08) Per Share

Horizon North Logistics Inc (TSE:HNL) Forecasted to Post FY2019 Earnings of ($0.08) Per Share

Horizon North Logistics Inc (TSE:HNL) – Research analysts at Cormark issued their FY2019 EPS estimates for Horizon North Logistics in a report released on Wednesday, March 11th. Cormark analyst B. Watson expects that the company will earn ($0.08) per share for the year. Cormark also issued estimates for Horizon North Logistics’ Q1 2020 earnings at ($0.02) EPS and Q2 2020 earnings at ($0.02) EPS.

A number of other brokerages have also issued reports on HNL. Raymond James lowered Horizon North Logistics from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$1.35 to C$1.00 in a research report on Thursday. National Bank Financial cut their target price on Horizon North Logistics from C$2.00 to C$1.75 and set an “outperform” rating on the stock in a research report on Monday, January 27th.

Shares of Horizon North Logistics stock opened at C$0.70 on Friday. The stock’s fifty day moving average is C$0.93 and its 200-day moving average is C$1.03. The firm has a market capitalization of $112.48 million and a PE ratio of -12.96. The company has a quick ratio of 1.34, a current ratio of 1.64 and a debt-to-equity ratio of 41.06. Horizon North Logistics has a 12-month low of C$0.56 and a 12-month high of C$2.44.

Horizon North Logistics Company Profile

Horizon North Logistics Inc provides industrial, commercial, and residential products and services in Canada. The company operates in two segments, Industrial Services and Modular Solutions. The Industrial Services segment supplies workforce accommodations, camp management services, access solutions, relocatable structures, and maintenance and utilities services.

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Earnings History and Estimates for Horizon North Logistics (TSE:HNL)

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