National Bank Financial Predicts Pivotree Q4 Earnings

Pivotree Inc. (CVE:PVT) – Investment analysts at National Bank Financial issued their Q4 2024 earnings estimates for Pivotree in a research report issued to clients and investors on Wednesday, November 13th. National Bank Financial analyst J. Shao forecasts that the company will earn ($0.03) per share for the quarter. The consensus estimate for Pivotree’s current full-year earnings is $0.08 per share.

Pivotree (CVE:PVT) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.12) earnings per share for the quarter. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.41%. The business had revenue of C$20.26 million during the quarter, compared to the consensus estimate of C$20.75 million.

Several other brokerages have also commented on PVT. Canaccord Genuity Group lowered their price objective on shares of Pivotree from C$1.25 to C$1.00 in a research report on Thursday. Cormark cut shares of Pivotree from a “buy” rating to a “market perform” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of C$2.38.

Pivotree Stock Up 3.3 %

Pivotree stock opened at C$0.93 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.95 and a debt-to-equity ratio of 0.73. The firm’s fifty day moving average price is C$1.08 and its two-hundred day moving average price is C$1.25. Pivotree has a 1-year low of C$0.88 and a 1-year high of C$2.20. The firm has a market capitalization of C$24.47 million, a price-to-earnings ratio of -2.58 and a beta of 0.22.

About Pivotree

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.