Desjardins Has Negative Outlook for TSE:GDI FY2024 Earnings

GDI Integrated Facility Services Inc. (TSE:GDI) – Analysts at Desjardins lowered their FY2024 earnings per share estimates for GDI Integrated Facility Services in a research report issued to clients and investors on Wednesday, November 13th. Desjardins analyst F. Tremblay now expects that the company will post earnings per share of $0.55 for the year, down from their previous estimate of $0.57. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Desjardins also issued estimates for GDI Integrated Facility Services’ Q4 2024 earnings at $0.17 EPS and FY2025 earnings at $1.19 EPS.

A number of other brokerages have also issued reports on GDI. National Bankshares raised their target price on shares of GDI Integrated Facility Services from C$38.50 to C$41.50 in a research report on Thursday. Cormark dropped their price objective on shares of GDI Integrated Facility Services from C$40.00 to C$39.00 in a research note on Friday, August 9th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, GDI Integrated Facility Services currently has a consensus rating of “Hold” and a consensus price target of C$42.75.

GDI Integrated Facility Services Trading Down 3.4 %

TSE:GDI opened at C$35.66 on Friday. The company has a market capitalization of C$525.63 million, a PE ratio of 51.68 and a beta of 1.03. GDI Integrated Facility Services has a 52-week low of C$30.77 and a 52-week high of C$40.12. The stock’s 50 day moving average price is C$35.95 and its 200 day moving average price is C$34.76. The company has a quick ratio of 1.44, a current ratio of 1.75 and a debt-to-equity ratio of 104.15.

GDI Integrated Facility Services Company Profile

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.