Exco Technologies (XTC) Scheduled to Post Earnings on Wednesday

Exco Technologies (TSE:XTC) is set to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Exco Technologies to post earnings of C$0.17 per share for the quarter.

Exco Technologies (TSE:XTC) last issued its earnings results on Wednesday, January 31st. The company reported C$0.15 earnings per share for the quarter, missing the consensus estimate of C$0.20 by C($0.05). Exco Technologies had a net margin of 4.30% and a return on equity of 7.51%. The business had revenue of C$156.71 million for the quarter, compared to analyst estimates of C$167.60 million.

Exco Technologies Price Performance

Shares of Exco Technologies stock opened at C$7.08 on Tuesday. The company has a debt-to-equity ratio of 32.83, a quick ratio of 1.30 and a current ratio of 2.61. The firm’s 50-day simple moving average is C$7.31 and its 200-day simple moving average is C$7.44. Exco Technologies has a twelve month low of C$7.00 and a twelve month high of C$8.98. The firm has a market cap of C$275.13 million, a P/E ratio of 9.97 and a beta of 1.18.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 28th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.42 annualized dividend and a dividend yield of 5.93%. Exco Technologies’s dividend payout ratio (DPR) is currently 59.15%.

Analyst Upgrades and Downgrades

Separately, Cormark lifted their target price on shares of Exco Technologies from C$12.75 to C$13.00 in a research report on Friday, February 2nd.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.