Evertz Technologies (ET) to Release Quarterly Earnings on Wednesday

Evertz Technologies (TSE:ET) is set to announce its earnings results after the market closes on Wednesday, September 11th. Analysts expect the company to announce earnings of C$0.19 per share for the quarter.

Evertz Technologies (TSE:ET) last issued its quarterly earnings data on Wednesday, June 19th. The company reported C$0.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.04). Evertz Technologies had a net margin of 13.64% and a return on equity of 27.70%. The firm had revenue of C$122.77 million during the quarter.

Evertz Technologies Price Performance

Shares of ET opened at C$13.15 on Monday. Evertz Technologies has a fifty-two week low of C$11.99 and a fifty-two week high of C$15.45. The company has a debt-to-equity ratio of 8.71, a quick ratio of 0.68 and a current ratio of 2.01. The firm has a 50-day simple moving average of C$12.93 and a 200-day simple moving average of C$13.83. The company has a market capitalization of C$1.00 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 0.79 and a beta of 0.88.

Evertz Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 10th. Stockholders of record on Tuesday, July 2nd were paid a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date of this dividend was Tuesday, July 2nd. Evertz Technologies’s dividend payout ratio (DPR) is 85.71%.

Insider Activity at Evertz Technologies

In other news, insider Evertz Technologies Limited sold 2,529 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of C$13.39, for a total value of C$33,865.33. 64.51% of the stock is currently owned by company insiders.

Evertz Technologies Company Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.