GDI Integrated Facility Services Inc. (TSE:GDI) Forecasted to Earn FY2020 Earnings of $1.06 Per Share

GDI Integrated Facility Services Inc. (TSE:GDI) – Analysts at Cormark increased their FY2020 earnings per share estimates for GDI Integrated Facility Services in a note issued to investors on Monday, November 11th. Cormark analyst M. Macdougall now anticipates that the company will post earnings of $1.06 per share for the year, up from their previous estimate of $0.89. Cormark currently has a “Buy” rating and a $35.00 price target on the stock. Cormark also issued estimates for GDI Integrated Facility Services’ FY2021 earnings at $1.17 EPS.

GDI has been the subject of a number of other reports. TD Securities lifted their target price on GDI Integrated Facility Services from C$32.00 to C$38.00 and gave the company a “buy” rating in a research note on Monday. CIBC upgraded GDI Integrated Facility Services from a “neutral” rating to an “outperform” rating and lifted their target price for the company from C$31.00 to C$35.00 in a research note on Friday, November 8th. Finally, National Bank Financial lifted their target price on GDI Integrated Facility Services from C$34.00 to C$36.00 and gave the company an “outperform” rating in a research note on Monday, November 4th.

Shares of GDI stock opened at C$31.67 on Wednesday. The company has a quick ratio of 1.44, a current ratio of 1.57 and a debt-to-equity ratio of 72.11. The business has a 50 day moving average of C$29.24 and a two-hundred day moving average of C$28.05. GDI Integrated Facility Services has a 52 week low of C$17.95 and a 52 week high of C$32.60. The company has a market cap of $634.39 million and a P/E ratio of 58.87.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, Technical services, and Complementary Services segments. It offers janitorial services, such as floor cleaning and finishing, window washing, furniture polishing, carpet cleaning and dusting, as well as other building services, including lawn maintenance, snow removal, and other.

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Earnings History and Estimates for GDI Integrated Facility Services (TSE:GDI)

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