Enterprise Group (TSE:E) PT Set at C$1.62 by Fundamental Research

Enterprise Group (TSE:E) has been given a C$1.62 price target by equities researchers at Fundamental Research in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price target would suggest a potential upside of 35.00% from the company’s previous close.

Enterprise Group Price Performance

Shares of E stock opened at C$1.20 on Wednesday. The firm’s 50-day moving average is C$1.06 and its two-hundred day moving average is C$0.89. The company has a debt-to-equity ratio of 52.81, a current ratio of 3.88 and a quick ratio of 3.18. The company has a market capitalization of C$69.64 million, a PE ratio of 9.23 and a beta of 1.08. Enterprise Group has a 12 month low of C$0.39 and a 12 month high of C$1.30.

Enterprise Group (TSE:E) last issued its quarterly earnings results on Thursday, March 7th. The company reported C$0.05 earnings per share (EPS) for the quarter. The company had revenue of C$9.60 million for the quarter. Enterprise Group had a net margin of 20.55% and a return on equity of 16.59%. Analysts predict that Enterprise Group will post 0.049375 earnings per share for the current year.

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.