FY2018 EPS Estimates for Uni Select Inc (UNS) Reduced by Desjardins
Uni Select Inc (TSE:UNS) – Equities research analysts at Desjardins cut their FY2018 earnings estimates for shares of Uni Select in a research report issued to clients and investors on Wednesday. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $1.94 for the year, down from their prior forecast of $1.96. Desjardins has a “Top Pick” rating and a $37.00 price objective on the stock.
Other equities analysts have also recently issued reports about the company. Gabelli reissued a “buy” rating on shares of Uni Select in a report on Wednesday, November 22nd. Royal Bank of Canada set a C$33.00 price objective on Uni Select and gave the company an “outperform” rating in a research report on Thursday, December 21st. Scotiabank lowered their price objective on Uni Select from C$37.00 to C$33.00 and set an “outperform” rating for the company in a research report on Friday, November 10th. Finally, National Bank Financial lowered their price objective on Uni Select from C$38.00 to C$35.00 and set an “outperform” rating for the company in a research report on Friday, November 10th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$36.13.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Sunday, December 31st will be given a $0.093 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Thursday, December 28th. Uni Select’s dividend payout ratio is currently 18.91%.
About Uni Select
Uni-Select Inc distributes automotive refinish and industrial paint and related products in North America. The company operates through Paint and Related Products, and Automotive Products segments. It also distributes automotive parts, tools, and equipment to the aftermarket. The company serves independent and collision repair center customers, and corporate stores through its BUMPER TO BUMPER, AUTO PARTS PLUS, and FINISHMASTER stores.
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