High Liner Foods (HLF) Releases Quarterly Earnings Results
High Liner Foods (TSE:HLF) announced its earnings results on Friday. The company reported $0.96 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.10 by $0.14, AnalystRatings.Net reports.
Shares of High Liner Foods (TSE:HLF) remained flat at $44.25 during trading on Friday. 1,500 shares of the company’s stock traded hands. High Liner Foods has a 1-year low of $29.70 and a 1-year high of $49.80. The stock has a 50-day moving average of $45.17 and a 200-day moving average of $44.90. The company has a market cap of $676.6 million and a price-to-earnings ratio of 21.38.
On a related note, analysts at Cormark upgraded shares of High Liner Foods from a “market perform” rating to a “buy” rating in a research note on Thursday, February 13th.
High Liner Foods Incorporated is a processor and marketer of prepared and frozen seafood. Its brand products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Royal Sea labels, and are available in grocery and club stores.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.