Cormark Weighs in on K-Bro Linen’s FY2025 Earnings (TSE:KBL)

K-Bro Linen Inc. (TSE:KBL) – Research analysts at Cormark boosted their FY2025 earnings estimates for K-Bro Linen in a research report issued to clients and investors on Tuesday, March 25th. Cormark analyst K. Mcphee now anticipates that the company will earn $2.35 per share for the year, up from their previous estimate of $2.33. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $2.86 EPS.

A number of other equities analysts have also issued reports on the company. TD Securities increased their price objective on K-Bro Linen from C$48.00 to C$49.00 and gave the stock a “buy” rating in a report on Monday. Acumen Capital increased their price target on K-Bro Linen from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research note on Monday.

K-Bro Linen Price Performance

TSE KBL opened at C$34.48 on Wednesday. The company has a 50-day moving average price of C$35.14 and a two-hundred day moving average price of C$35.75. K-Bro Linen has a 52 week low of C$30.69 and a 52 week high of C$40.03. The stock has a market cap of C$361.80 million, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 3.50 and a beta of 1.08. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23.

About K-Bro Linen

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.