Scotiabank Has Positive Forecast for TSE:GDI FY2024 Earnings

GDI Integrated Facility Services Inc. (TSE:GDI) – Scotiabank increased their FY2024 earnings per share estimates for GDI Integrated Facility Services in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $1.13 per share for the year, up from their previous estimate of $1.10. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Scotiabank also issued estimates for GDI Integrated Facility Services’ FY2025 earnings at $1.39 EPS.

Separately, National Bankshares raised their price objective on shares of GDI Integrated Facility Services from C$38.50 to C$41.50 in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$42.75.

GDI Integrated Facility Services Trading Up 3.1 %

TSE GDI opened at C$35.34 on Monday. The business’s fifty day moving average is C$36.93 and its 200-day moving average is C$35.74. The company has a debt-to-equity ratio of 104.15, a current ratio of 1.75 and a quick ratio of 1.44. The stock has a market capitalization of C$520.91 million, a price-to-earnings ratio of 51.22 and a beta of 1.03. GDI Integrated Facility Services has a one year low of C$30.77 and a one year high of C$41.00.

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.