Research Analysts Set Expectations for Pivotree Q4 Earnings

Pivotree Inc. (CVE:PVT) – Equities research analysts at National Bank Financial issued their Q4 2024 EPS estimates for Pivotree in a report issued on Wednesday, November 13th. National Bank Financial analyst J. Shao forecasts that the company will post earnings of ($0.03) per share for the quarter. The consensus estimate for Pivotree’s current full-year earnings is $0.08 per share.

Pivotree (CVE:PVT) last released its earnings results on Tuesday, August 13th. The company reported C($0.12) earnings per share for the quarter. The company had revenue of C$20.26 million during the quarter, compared to the consensus estimate of C$20.75 million. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.41%.

Other research analysts have also recently issued research reports about the stock. Cormark cut shares of Pivotree from a “buy” rating to a “market perform” rating in a report on Thursday. Canaccord Genuity Group cut their price target on shares of Pivotree from C$1.25 to C$1.00 in a report on Thursday. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$2.38.

Pivotree Price Performance

PVT opened at C$0.90 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.80 and a quick ratio of 1.95. The stock’s 50 day simple moving average is C$1.10 and its 200 day simple moving average is C$1.26. The firm has a market cap of C$23.68 million, a price-to-earnings ratio of -2.53 and a beta of 0.22. Pivotree has a 1 year low of C$0.90 and a 1 year high of C$2.20.

About Pivotree

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.