FY2027 Earnings Forecast for Colabor Group Issued By Cormark

Colabor Group Inc. (TSE:GCL) – Cormark issued their FY2027 earnings per share estimates for shares of Colabor Group in a research report issued on Monday, October 21st. Cormark analyst K. Mcphee forecasts that the company will earn $0.19 per share for the year. The consensus estimate for Colabor Group’s current full-year earnings is $0.08 per share.

Several other brokerages also recently commented on GCL. Desjardins raised Colabor Group to a “moderate buy” rating in a report on Thursday, July 25th. Raymond James set a C$1.80 price target on Colabor Group and gave the company an “outperform” rating in a report on Tuesday, August 6th.

Colabor Group Trading Up 1.9 %

Shares of Colabor Group stock opened at C$1.07 on Thursday. The stock has a market capitalization of C$109.13 million, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. The company has a 50-day simple moving average of C$1.26 and a 200 day simple moving average of C$1.22. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 155.65. Colabor Group has a 12-month low of C$1.00 and a 12-month high of C$1.52.

Colabor Group (TSE:GCL) last released its quarterly earnings data on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a return on equity of 3.56% and a net margin of 0.51%. The company had revenue of C$162.03 million for the quarter, compared to analyst estimates of C$164.27 million.

About Colabor Group

Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.