Cormark Has Optimistic Outlook of TSE:GDI FY2024 Earnings

GDI Integrated Facility Services Inc. (TSE:GDI) – Research analysts at Cormark lifted their FY2024 earnings per share estimates for GDI Integrated Facility Services in a report released on Thursday, November 14th. Cormark analyst J. Fenwick now expects that the company will post earnings of $0.74 per share for the year, up from their previous forecast of $0.62. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Cormark also issued estimates for GDI Integrated Facility Services’ FY2025 earnings at $1.52 EPS and FY2026 earnings at $1.77 EPS.

Separately, National Bankshares raised their target price on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research report on Thursday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$42.75.

GDI Integrated Facility Services Stock Performance

The firm has a market cap of C$543.91 million, a price-to-earnings ratio of 53.57 and a beta of 1.03. The company has a debt-to-equity ratio of 104.15, a current ratio of 1.75 and a quick ratio of 1.44. GDI Integrated Facility Services has a fifty-two week low of C$30.77 and a fifty-two week high of C$40.12. The stock’s fifty day moving average price is C$35.96 and its 200 day moving average price is C$34.77.

About GDI Integrated Facility Services

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.