ADENTRA (ADEN) Projected to Post Quarterly Earnings on Tuesday

ADENTRA (TSE:ADEN) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $542.14 million for the quarter.

ADENTRA Price Performance

Shares of ADENTRA stock opened at $27.30 on Friday. The firm has a market cap of $482.01 million, a price-to-earnings ratio of 9.31 and a beta of 1.57. The stock has a 50-day simple moving average of $28.57 and a 200-day simple moving average of $34.26. ADENTRA has a 52-week low of $25.38 and a 52-week high of $45.25.

ADENTRA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 25th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Monday, April 14th. ADENTRA’s payout ratio is 19.10%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Scotiabank reduced their price objective on ADENTRA from C$49.00 to C$43.00 and set an “outperform” rating for the company in a research report on Monday, March 17th. National Bankshares decreased their target price on shares of ADENTRA from C$60.00 to C$53.00 and set an “outperform” rating on the stock in a research report on Monday, March 17th. Desjardins set a C$46.00 target price on shares of ADENTRA and gave the company a “buy” rating in a research note on Wednesday, April 16th. Cormark cut their price target on shares of ADENTRA from C$55.00 to C$46.00 in a research note on Monday, March 17th. Finally, Canaccord Genuity Group lowered their price objective on ADENTRA from C$50.00 to C$44.00 and set a “buy” rating on the stock in a research note on Monday, March 17th. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $46.22.

About ADENTRA

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.