Desjardins Weighs in on Valens GroWorks Corp.’s FY2019 Earnings (CVE:VGW)

Valens GroWorks Corp. (CVE:VGW) – Equities researchers at Desjardins issued their FY2019 earnings per share (EPS) estimates for shares of Valens GroWorks in a report issued on Wednesday, November 6th. Desjardins analyst J. Chu expects that the company will post earnings per share of $0.03 for the year. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for Valens GroWorks’ Q4 2019 earnings at $0.05 EPS, Q1 2020 earnings at $0.07 EPS, Q2 2020 earnings at $0.09 EPS, Q3 2020 earnings at $0.12 EPS, Q4 2020 earnings at $0.14 EPS, FY2020 earnings at $0.42 EPS and FY2021 earnings at $0.58 EPS.

Separately, Eight Capital set a C$8.25 target price on Valens GroWorks and gave the stock a “buy” rating in a report on Thursday, July 25th.

Shares of Valens GroWorks stock opened at C$3.49 on Monday. The firm has a market cap of $369.60 million and a PE ratio of -19.28. The business’s 50 day moving average is C$3.12. Valens GroWorks has a 1-year low of C$1.13 and a 1-year high of C$4.90.

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Earnings History and Estimates for Valens GroWorks (CVE:VGW)

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