Southland (NASDAQ:SLND – Get Free Report) released its earnings results on Tuesday. The company reported ($1.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($1.05), Zacks reports. The firm had revenue of $173.32 million for the quarter. Southland had a negative return on equity of 43.46% and a negative net margin of 10.38%.
Southland Price Performance
NASDAQ SLND opened at $2.91 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.27 and a quick ratio of 1.27. Southland has a 12 month low of $1.85 and a 12 month high of $6.16. The stock’s 50 day moving average is $3.50 and its 200 day moving average is $4.13.
Wall Street Analysts Forecast Growth
Separately, Craig Hallum lowered their target price on shares of Southland from $9.00 to $5.00 and set a “buy” rating on the stock in a research note on Thursday.
Southland Company Profile
Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling.
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