UGE International Ltd. (CVE:UGE) to Post FY2024 Earnings of ($0.81) Per Share, Cormark Forecasts

UGE International Ltd. (CVE:UGE) – Analysts at Cormark upped their FY2024 earnings per share estimates for shares of UGE International in a research note issued to investors on Wednesday, May 1st. Cormark analyst N. Boychuk now anticipates that the company will post earnings of ($0.81) per share for the year, up from their previous estimate of ($0.87). Cormark currently has a “Market Perform” rating and a $1.00 target price on the stock. The consensus estimate for UGE International’s current full-year earnings is ($0.35) per share. Cormark also issued estimates for UGE International’s FY2025 earnings at ($0.74) EPS.

Separately, Ventum Cap Mkts lowered shares of UGE International from a “buy” rating to a “neutral” rating in a research report on Thursday.

UGE International Trading Up 5.7 %

UGE stock opened at C$0.56 on Friday. UGE International has a one year low of C$0.50 and a one year high of C$2.03. The stock has a market cap of C$18.63 million, a price-to-earnings ratio of -1.02 and a beta of 0.71. The company has a fifty day moving average price of C$0.78 and a two-hundred day moving average price of C$0.99. The company has a debt-to-equity ratio of 1,211.57, a current ratio of 1.14 and a quick ratio of 0.73.

About UGE International

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.