Raymond James Has Lowered Expectations for Enterprise Group (TSE:E) Stock Price

Enterprise Group (TSE:E) had its target price cut by Raymond James from C$3.75 to C$3.00 in a research report released on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock. Raymond James also issued estimates for Enterprise Group’s FY2025 earnings at $0.09 EPS, FY2026 earnings at $0.15 EPS, FY2027 earnings at $0.21 EPS and FY2028 earnings at $0.24 EPS.

Separately, Fundamental Research set a C$2.75 target price on shares of Enterprise Group and gave the company a “buy” rating in a research note on Tuesday, December 10th.

Enterprise Group Stock Down 5.7 %

E stock opened at C$1.32 on Friday. The company has a debt-to-equity ratio of 51.73, a current ratio of 3.85 and a quick ratio of 3.18. The firm has a market capitalization of C$101.64 million, a P/E ratio of 12.86 and a beta of 1.18. Enterprise Group has a 52-week low of C$0.84 and a 52-week high of C$2.69. The company’s 50 day simple moving average is C$2.16 and its 200-day simple moving average is C$2.07.

Enterprise Group Company Profile

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.