National Bank Financial Weighs in on Dirtt Environmental Solutions Ltd’s FY2017 Earnings (DRT)
Dirtt Environmental Solutions Ltd (TSE:DRT) – National Bank Financial increased their FY2017 EPS estimates for Dirtt Environmental Solutions in a research note issued to investors on Tuesday. National Bank Financial analyst R. Merer now expects that the company will post earnings of $0.10 per share for the year, up from their previous forecast of $0.07. National Bank Financial also issued estimates for Dirtt Environmental Solutions’ Q4 2017 earnings at $0.07 EPS and FY2018 earnings at $0.27 EPS.
Several other analysts have also recently issued reports on DRT. Raymond James Financial, Inc. cut their price target on shares of Dirtt Environmental Solutions from C$10.00 to C$9.00 and set a “strong-buy” rating on the stock in a report on Thursday, August 3rd. Beacon Securities cut shares of Dirtt Environmental Solutions from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd.
Dirtt Environmental Solutions (TSE:DRT) opened at 5.29 on Friday. The stock has a market capitalization of $448.37 million and a P/E ratio of 110.21. Dirtt Environmental Solutions has a 52-week low of $4.59 and a 52-week high of $7.51. The company has a 50 day moving average of $5.70 and a 200-day moving average of $6.36.
In other Dirtt Environmental Solutions news, insider Barrie Arnold Loberg sold 40,000 shares of the business’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of C$6.66, for a total transaction of C$266,400.00. Also, Director Scott Ronald Jenkins bought 4,500 shares of the stock in a transaction on Friday, August 11th. The shares were acquired at an average price of C$5.60 per share, with a total value of C$25,200.00. Over the last ninety days, insiders purchased 63,000 shares of company stock worth $362,065 and sold 86,667 shares worth $575,702.
Dirtt Environmental Solutions Company Profile
DIRTT Environmental Solutions Ltd. is a manufacturer of customized interiors. The Company combines its three-dimensional (3D) design, configuration and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network.
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