McCoy (MCB) Posts Quarterly Earnings, Misses Estimates By $0.04 EPS
McCoy (TSE:MCB) posted its quarterly earnings results on Friday. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.04, American Banking and Market News reports.
A number of analysts have recently weighed in on MCB shares. Analysts at Raymond James reiterated an “outperform” rating on shares of McCoy in a research note on Wednesday, May 14th. They now have a C$7.25 price target on the stock, up previously from C$6.50. Analysts at Canaccord Genuity raised their price target on shares of McCoy from C$7.25 to C$8.25 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock.
McCoy (TSE:MCB) opened at 6.02 on Friday. McCoy has a one year low of $5.53 and a one year high of $6.58. The stock’s 50-day moving average is $6.40 and its 200-day moving average is $6.3. The company has a market cap of $166.3 million and a P/E ratio of 16.58.
McCoy Corporation (TSE:MCB) provides specialized equipment, service and replacement components to the global oil and gas sector.
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