Jefferies Group Analysts Boost Earnings Estimates for City Developments Limited (CDEVY)
City Developments Limited (OTCMKTS:CDEVY) – Investment analysts at Jefferies Group upped their FY2017 EPS estimates for City Developments in a research report issued to clients and investors on Thursday. Jefferies Group analyst K. Guha now anticipates that the company will earn $0.55 per share for the year, up from their previous estimate of $0.52. Jefferies Group also issued estimates for City Developments’ FY2018 earnings at $0.61 EPS.
City Developments (CDEVY) opened at $9.70 on Friday. The firm has a market cap of $8,729.38, a price-to-earnings ratio of 21.09, a PEG ratio of 5.42 and a beta of 1.09. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.22 and a current ratio of 1.22. City Developments has a twelve month low of $5.60 and a twelve month high of $9.56.
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City Developments Limited is a real estate operating company with its presence spanning approximately 100 locations in over 30 countries. The principal activities of the Company are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services.
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