ADENTRA (ADEN) Projected to Post Quarterly Earnings on Tuesday

ADENTRA (TSE:ADEN) will likely be releasing its Q1 2025 earnings data 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 Stock Performance

Shares of ADEN opened at $27.18 on Tuesday. The firm has a 50 day moving average price of $29.05 and a 200-day moving average price of $34.65. The firm has a market cap of $479.89 million, a price-to-earnings ratio of 9.27 and a beta of 1.57. ADENTRA has a fifty-two week low of $25.38 and a fifty-two week high of $45.25.

ADENTRA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 25th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend was Monday, April 14th. ADENTRA’s payout ratio is 19.10%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. National Bankshares lowered their price target on shares of ADENTRA from C$60.00 to C$53.00 and set an “outperform” rating on the stock in a report on Monday, March 17th. Cormark reduced their price target on shares of ADENTRA from C$55.00 to C$46.00 in a research report on Monday, March 17th. Stifel Nicolaus lowered their target price on shares of ADENTRA from C$41.00 to C$36.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. Canaccord Genuity Group lowered their price target on ADENTRA from C$50.00 to C$44.00 and set a “buy” rating for the company in a research report on Monday, March 17th. Finally, Scotiabank lowered their target price on ADENTRA from C$49.00 to C$43.00 and set an “outperform” rating for the company in a report on Monday, March 17th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $46.22.

ADENTRA Company Profile

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.