Espial Group Inc ESPAF

Cantor Fitzgerald Weighs in on Espial Group Inc.’s FY2016 Ea

[luberon]

Cantor Fitzgerald Weighs in on Espial Group Inc.’s FY2016 Earnings (ESP)

March 3rd, 2016 - By Doug Madison - 0 comments

Espial Group Inc. (TSE:ESP) – Equities research analysts at Cantor Fitzgerald issued their FY2016 EPS estimates for shares of Espial Group in a research report issued to clients and investors on Monday, according to Zacks Investment Research. Cantor Fitzgerald analyst R. Garcea expects that the brokerage will post earnings of $0.01 per share for the year. Cantor Fitzgerald has a “Buy” rating on the stock. Cantor Fitzgerald also issued estimates for Espial Group’s FY2017 earnings at $0.22 EPS and FY2018 earnings at $0.34 EPS. 

Shares of Espial Group (TSE:ESP) traded up 1.62% during midday trading on Thursday, reaching $1.88. The company had a trading volume of 98,860 shares. The company’s 50-day moving average is $1.89 and its 200-day moving average is $2.56. Espial Group has a 52-week low of $1.67 and a 52-week high of $4.30. The firm has a market cap of $47.60 million and a P/E ratio of 47.00.

[barneyj44]

Earnings of a penny per share for 2016, nothing there to get too excited about, I would of thought this year would and will be much better, all the same nice to see a little bit of a rebound on Friday but a long way to go for me to get back to even on this one...

[John99]

barneyj44    I agree with you about the penny/share yet the rest of their long term outlook confirms the reason I remain confident and I too anticipate better results than they state for 2016. Like yourself back to even is in the distant future.  Another week of positive market sentiment would be helpful. Volume doesn't seem to indicate anything news worthy coming up so perhaps

[barneyj44]

I would like to see the company begin a share repurchase program, having money sitting around earning next to nothing isn't very smart unless they are looking for a big purchase, at least it would give some share stability seeing how we're so thinly traded.

[luberon]

On March 1 CantorFitz said "buy". Trading records indicate that since March 1, CantorFitz has purchased exactly 11,200 shares for an investment of $19,400.     Meanwhile, ESP shares had a nice bump.