GDI Integrated Facility Services (TSE:GDI) Trading Up 23.7% – What’s Next?

GDI Integrated Facility Services Inc. (TSE:GDI)’s share price traded up 23.7% during mid-day trading on Tuesday . The stock traded as high as C$36.60 and last traded at C$36.15. 94,790 shares were traded during mid-day trading, an increase of 541% from the average session volume of 14,778 shares. The stock had previously closed at C$29.22.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Scotiabank dropped their price target on shares of GDI Integrated Facility Services from C$33.00 to C$32.00 in a research report on Monday, November 10th. Raymond James Financial set a C$35.00 target price on shares of GDI Integrated Facility Services and gave the company an “outperform” rating in a research note on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, GDI Integrated Facility Services currently has a consensus rating of “Moderate Buy” and an average price target of C$35.60.

GDI Integrated Facility Services Price Performance

The firm’s fifty day moving average price is C$28.36 and its 200 day moving average price is C$29.22. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19. The stock has a market cap of C$853.20 million, a PE ratio of 20.26 and a beta of 0.18.

GDI Integrated Facility Services (TSE:GDI) last posted its earnings results on Wednesday, November 5th. The company reported C$0.58 earnings per share for the quarter. The company had revenue of C$615.00 million during the quarter. GDI Integrated Facility Services had a net margin of 0.59% and a return on equity of 3.26%. As a group, equities analysts expect that GDI Integrated Facility Services Inc. will post 1.2993948 EPS for the current fiscal year.

GDI Integrated Facility Services Company Profile

GDI Integrated Facility Services Inc is engaged in the facility services sector. The company’s operating segment includes Janitorial Canada, Janitorial USA, Technical services and Complementary Services. It generates maximum revenue from the Janitorial Canada segment. The Janitorial Canada and Janitorial USA segments provide a wide range of basic 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.