FY2024 EPS Estimates for Pivotree Decreased by Analyst

Pivotree Inc. (CVE:PVT) – National Bank Financial reduced their FY2024 EPS estimates for Pivotree in a note issued to investors on Wednesday, November 13th. National Bank Financial analyst J. Shao now anticipates that the company will post earnings of ($0.27) per share for the year, down from their previous estimate of ($0.22). The consensus estimate for Pivotree’s current full-year earnings is $0.08 per share. National Bank Financial also issued estimates for Pivotree’s FY2025 earnings at ($0.02) EPS.

Other equities analysts also recently issued research reports about the stock. Cormark downgraded shares of Pivotree from a “buy” rating to a “market perform” rating in a report on Thursday, November 14th. Canaccord Genuity Group decreased their price target on shares of Pivotree from C$1.25 to C$1.00 in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Pivotree has a consensus rating of “Hold” and a consensus target price of C$2.38.

Pivotree Stock Performance

Shares of PVT opened at C$0.90 on Monday. The stock has a fifty day moving average price of C$1.08 and a 200-day moving average price of C$1.23. The company has a current ratio of 2.80, a quick ratio of 1.95 and a debt-to-equity ratio of 0.73. Pivotree has a 12 month low of C$0.88 and a 12 month high of C$2.20. The firm has a market cap of C$23.68 million, a PE ratio of -2.50 and a beta of 0.22.

Pivotree Company Profile

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.