Stuart Olson (TSE:SOX) had its price target decreased by TD Securities from C$4.75 to C$3.75 in a research note issued to investors on Monday, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
A number of other equities research analysts have also recently weighed in on the company. Canaccord Genuity dropped their price objective on Stuart Olson from C$4.50 to C$3.25 in a research note on Monday. National Bank Financial dropped their price objective on Stuart Olson from C$3.50 to C$3.00 and set an underperform rating for the company in a research note on Friday, August 9th. Raymond James dropped their price objective on Stuart Olson from C$5.00 to C$3.50 and set a market perform rating for the company in a research note on Friday, August 9th. Finally, CIBC dropped their price objective on Stuart Olson from C$5.00 to C$4.00 in a research note on Tuesday, July 16th.
SOX stock opened at C$2.68 on Monday. Stuart Olson has a 52-week low of C$2.66 and a 52-week high of C$6.78. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 95.57. The business has a fifty day moving average of C$3.40 and a two-hundred day moving average of C$4.14. The stock has a market cap of $96.86 million and a price-to-earnings ratio of -33.09.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.06 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 8.96%. Stuart Olson’s payout ratio is presently -518.52%.
About Stuart Olson
Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.
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