What is Cormark’s Forecast for Quarterhill FY2024 Earnings?

Quarterhill Inc. (OTCMKTS:QTRHF) – Equities research analysts at Cormark issued their FY2024 earnings per share (EPS) estimates for Quarterhill in a note issued to investors on Thursday, March 13th. Cormark analyst G. Fairweather anticipates that the company will post earnings of ($0.09) per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. Cormark also issued estimates for Quarterhill’s FY2025 earnings at $0.01 EPS and FY2026 earnings at $0.06 EPS.

Quarterhill Stock Up 0.3 %

QTRHF opened at $1.05 on Friday. The firm’s 50 day simple moving average is $1.13 and its two-hundred day simple moving average is $1.16. The company has a market capitalization of $121.58 million, a PE ratio of -3.00 and a beta of 0.90. Quarterhill has a 1-year low of $1.03 and a 1-year high of $1.49. The company has a current ratio of 1.48, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16.

About Quarterhill

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.