Vicwest (VIC) Posts Quarterly Results
Vicwest (TSE:VIC) announced its earnings results on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.10, Analyst RN reports.
Vicwest (TSE:VIC) opened at 10.37 on Thursday. Vicwest has a 1-year low of $8.97 and a 1-year high of $13.50. The stock has a 50-day moving average of $10.74 and a 200-day moving average of $10.34. The company’s market cap is $182.6 million.
A number of analysts have recently weighed in on VIC shares. Analysts at TD Securities raised their price target on shares of Vicwest from C$11.50 to C$12.50 in a research note on Wednesday, June 18th. They now have a “buy” rating on the stock. Finally, analysts at CIBC reiterated a “sector perform” rating on shares of Vicwest in a research note on Friday, May 9th. They now have a C$10.50 price target on the stock, down previously from C$11.50. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of C$12.00.
Vicwest Inc, formerly Vicwest Income Fund, is manufacturer and distributor of engineered storage and handling systems for grain, fertilizer and liquid storage, and building construction products for agricultural, institutional, commercial, industrial and residential markets through two divisions: Vicwest Building Products (TSE:VIC) and Westeel Storage Solutions (Westeel).
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