Raymond James Issues Pessimistic Forecast for TSE:E Earnings

Enterprise Group, Inc. (TSE:E) – Raymond James cut their FY2025 earnings per share estimates for shares of Enterprise Group in a report issued on Wednesday, April 9th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.09. Raymond James has a “Outperform” rating and a $3.00 price target on the stock. The consensus estimate for Enterprise Group’s current full-year earnings is $0.20 per share. Raymond James also issued estimates for Enterprise Group’s FY2026 earnings at $0.10 EPS.

Several other research analysts have also recently issued reports on E. Fundamental Research set a C$2.30 price target on shares of Enterprise Group and gave the stock a “buy” rating in a report on Tuesday. Acumen Capital cut their target price on Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating for the company in a research note on Friday, March 21st.

Enterprise Group Trading Down 7.6 %

Shares of E stock opened at C$1.21 on Friday. The company has a market capitalization of C$93.17 million, a P/E ratio of 11.79 and a beta of 1.18. The business’s 50 day moving average is C$1.84 and its two-hundred day moving average is C$2.01. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. Enterprise Group has a twelve month low of C$1.06 and a twelve month high of C$2.69.

About Enterprise Group

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.