Cormark Brokers Lower Earnings Estimates for Vitalhub Corp. (TSE:VHI)

Vitalhub Corp. (TSE:VHI) – Stock analysts at Cormark lowered their FY2024 earnings per share estimates for Vitalhub in a research note issued to investors on Monday, May 13th. Cormark analyst G. Fairweather now expects that the company will earn $0.16 per share for the year, down from their prior forecast of $0.17. Cormark currently has a “Buy” rating and a $7.50 target price on the stock. The consensus estimate for Vitalhub’s current full-year earnings is $0.16 per share.

Vitalhub (TSE:VHI) last released its quarterly earnings data on Thursday, March 21st. The company reported C$0.03 EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.01). The company had revenue of C$13.60 million during the quarter, compared to analysts’ expectations of C$13.68 million. Vitalhub had a return on equity of 5.78% and a net margin of 8.66%.

Other equities research analysts have also issued reports about the stock. Canaccord Genuity Group increased their target price on shares of Vitalhub from C$7.50 to C$8.00 and gave the stock a “buy” rating in a research note on Monday. Eight Capital boosted their price objective on Vitalhub from C$5.00 to C$6.25 and gave the company a “buy” rating in a research report on Tuesday, February 6th.

Vitalhub Stock Performance

Shares of TSE VHI opened at C$7.12 on Wednesday. The company has a market capitalization of C$360.91 million, a PE ratio of 71.20, a price-to-earnings-growth ratio of 0.42 and a beta of 1.23. The company’s fifty day moving average price is C$6.29 and its 200 day moving average price is C$5.04. Vitalhub has a 1 year low of C$2.35 and a 1 year high of C$7.12.

Vitalhub Company Profile

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.