Horizon North Logistics Inc. (TSE:HNL) – Research analysts at Beacon Securities issued their FY2018 earnings per share estimates for shares of Horizon North Logistics in a research note issued on Tuesday. Beacon Securities analyst K. Wilson forecasts that the company will post earnings of $0.01 per share for the year.
Several other brokerages have also recently issued reports on HNL. Scotiabank set a C$1.50 price target on Horizon North Logistics and gave the company an “underperform” rating in a research note on Tuesday. National Bank Financial boosted their price target on Horizon North Logistics from C$2.20 to C$2.40 and gave the company an “outperform” rating in a research note on Thursday, October 5th. Finally, Raymond James Financial cut Horizon North Logistics from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$2.15 to C$1.60 in a research note on Tuesday.
Shares of Horizon North Logistics (HNL) traded up C$0.02 during mid-day trading on Thursday, hitting C$1.57. The company had a trading volume of 142,315 shares, compared to its average volume of 128,875. The company has a market capitalization of $224.25, a PE ratio of -19.63 and a beta of 1.34. Horizon North Logistics has a fifty-two week low of C$1.16 and a fifty-two week high of C$2.35.
The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend is Thursday, December 28th. Horizon North Logistics’s payout ratio is presently -100.00%.
ILLEGAL ACTIVITY NOTICE: This story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://ledgergazette.com/2018/01/12/beacon-securities-comments-on-horizon-north-logistics-inc-s-fy2018-earnings-hnl.html.
Horizon North Logistics Company Profile
Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.
Receive News & Ratings for Horizon North Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon North Logistics and related companies with MarketBeat.com's FREE daily email newsletter.