Evertz Technologies Limited (ET) To Go Ex-Dividend on July 2nd

Evertz Technologies Limited (TSE:ET) announced a quarterly dividend on Wednesday, June 19th, Zacks reports. Shareholders of record on Tuesday, July 2nd will be given a dividend of 0.195 per share on Wednesday, July 10th. This represents a $0.78 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date of this dividend is Tuesday, July 2nd.

Evertz Technologies Stock Performance

Shares of TSE ET opened at C$12.40 on Friday. The stock’s 50-day moving average is C$14.17 and its 200 day moving average is C$14.30. The stock has a market cap of C$943.14 million, a price-to-earnings ratio of 12.78, a P/E/G ratio of 0.79 and a beta of 0.83. Evertz Technologies has a 1-year low of C$11.93 and a 1-year high of C$15.45. The company has a current ratio of 2.05, a quick ratio of 0.68 and a debt-to-equity ratio of 8.63.

Evertz Technologies (TSE:ET) last released its earnings results on Wednesday, June 19th. The company reported C$0.18 EPS for the quarter, missing the consensus estimate of C$0.22 by C($0.04). The business had revenue of C$122.77 million for the quarter. Evertz Technologies had a net margin of 14.37% and a return on equity of 30.20%. On average, sell-side analysts anticipate that Evertz Technologies will post 1.0949555 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lifted their target price on shares of Evertz Technologies from C$16.00 to C$17.00 in a research report on Friday, March 15th.

About Evertz Technologies

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.