Cormark Issues Optimistic Estimate for K-Bro Linen Earnings

K-Bro Linen Inc. (TSE:KBL) – Stock analysts at Cormark lifted their FY2025 EPS estimates for K-Bro Linen in a research note issued to investors on Tuesday, March 25th. Cormark analyst K. Mcphee now forecasts that the company will earn $2.35 per share for the year, up from their previous forecast of $2.33. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $2.86 EPS.

Other analysts have also recently issued research reports about the company. TD Securities upped their price objective on K-Bro Linen from C$48.00 to C$49.00 and gave the company a “buy” rating in a research note on Monday. Acumen Capital boosted their price target on K-Bro Linen from C$50.00 to C$52.00 and gave the company a “buy” rating in a report on Monday.

K-Bro Linen Stock Performance

Shares of K-Bro Linen stock opened at C$34.48 on Wednesday. The company has a debt-to-equity ratio of 102.23, a quick ratio of 0.87 and a current ratio of 2.08. K-Bro Linen has a 1 year low of C$30.69 and a 1 year high of C$40.03. The firm’s 50-day simple moving average is C$35.14 and its 200-day simple moving average is C$35.75. The firm has a market cap of C$361.80 million, a PE ratio of 19.29, a price-to-earnings-growth ratio of 3.50 and a beta of 1.08.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.