Desjardins Issues Pessimistic Outlook for TSE:GDI Earnings

GDI Integrated Facility Services Inc. (TSE:GDI) – Research analysts at Desjardins decreased their FY2024 EPS estimates for shares of GDI Integrated Facility Services in a research note issued on Wednesday, November 13th. Desjardins analyst F. Tremblay now anticipates that the company will post earnings per share of $0.55 for the year, down from their prior estimate of $0.57. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Desjardins also issued estimates for GDI Integrated Facility Services’ Q4 2024 earnings at $0.17 EPS and FY2025 earnings at $1.19 EPS.

Other research analysts have also issued research reports about the company. National Bankshares boosted their price objective on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research report on Thursday. Cormark reduced their price target on shares of GDI Integrated Facility Services from C$40.00 to C$39.00 in a report on Friday, August 9th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of C$42.75.

GDI Integrated Facility Services Price Performance

The firm has a market capitalization of C$543.91 million, a P/E ratio of 53.57 and a beta of 1.03. The company has a 50 day moving average of C$35.96 and a 200 day moving average of C$34.77. GDI Integrated Facility Services has a 52 week low of C$30.77 and a 52 week high of C$40.12. The company has a debt-to-equity ratio of 104.15, a quick ratio of 1.44 and a current ratio of 1.75.

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.