Evertz Technologies (TSE:ET) Issues Quarterly Earnings Results

Evertz Technologies (TSE:ETGet Free Report) released its earnings results on Tuesday. The company reported C$0.20 EPS for the quarter, hitting analysts’ consensus estimates of C$0.20, reports. The firm had revenue of C$125.82 million during the quarter. Evertz Technologies had a return on equity of 26.91% and a net margin of 14.09%.

Evertz Technologies Trading Up 2.0 %

Shares of ET stock opened at C$12.80 on Friday. The company has a debt-to-equity ratio of 11.71, a current ratio of 2.00 and a quick ratio of 0.68. The company has a market cap of C$974.72 million, a price-to-earnings ratio of 15.24, a PEG ratio of 0.79 and a beta of 0.75. The stock has a 50 day simple moving average of C$13.01 and a 200-day simple moving average of C$12.29. Evertz Technologies has a 1-year low of C$10.03 and a 1-year high of C$14.10.

Evertz Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Thursday, September 21st. Evertz Technologies’s payout ratio is 90.48%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lifted their price target on Evertz Technologies from C$15.00 to C$15.50 in a research report on Thursday, June 22nd.

Get Our Latest Analysis on ET

About Evertz Technologies

(Get Free Report)

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.

Recommended Stories

Earnings History for Evertz Technologies (TSE:ET)

Receive News & Ratings for Evertz Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evertz Technologies and related companies with MarketBeat.com's FREE daily email newsletter.