Westshore Terminals Investment (TSE:WTE) Reaches New 12-Month High – Still a Buy?

Westshore Terminals Investment Co. (TSE:WTE) reached a new 52-week high during trading on Tuesday . The company traded as high as C$39.92 and last traded at C$39.78, with a volume of 10967 shares trading hands. The stock had previously closed at C$39.65.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada increased their price target on Westshore Terminals Investment from C$34.00 to C$39.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$39.00.

Westshore Terminals Investment Trading Up 0.5%

The stock has a market capitalization of C$2.46 billion, a PE ratio of 25.05 and a beta of 0.34. The firm has a 50-day moving average price of C$34.97 and a 200-day moving average price of C$30.29. The company has a current ratio of 0.98, a quick ratio of 2.07 and a debt-to-equity ratio of 59.39.

Westshore Terminals Investment (TSE:WTE) last announced its earnings results on Saturday, March 14th. The company reported C$0.66 earnings per share (EPS) for the quarter. Westshore Terminals Investment had a return on equity of 13.48% and a net margin of 29.68%.The firm had revenue of C$69.15 million during the quarter. As a group, equities analysts forecast that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal year.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.