Raymond James Comments on Evertz Technologies Limited’s FY2026 Earnings (TSE:ET)

Evertz Technologies Limited (TSE:ET) – Analysts at Raymond James reduced their FY2026 earnings per share estimates for shares of Evertz Technologies in a report released on Thursday, September 12th. Raymond James analyst S. Li now anticipates that the company will earn $1.06 per share for the year, down from their previous estimate of $1.18. The consensus estimate for Evertz Technologies’ current full-year earnings is $0.96 per share.

Evertz Technologies (TSE:ET) last issued its earnings results on Wednesday, June 19th. The company reported C$0.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.04). Evertz Technologies had a return on equity of 27.70% and a net margin of 13.64%. The business had revenue of C$122.77 million for the quarter.

Separately, BMO Capital Markets cut their target price on shares of Evertz Technologies from C$17.00 to C$15.00 in a report on Thursday, September 12th.

Evertz Technologies Trading Up 0.8 %

TSE ET opened at C$11.75 on Monday. The company has a debt-to-equity ratio of 8.71, a quick ratio of 0.68 and a current ratio of 2.01. Evertz Technologies has a one year low of C$11.39 and a one year high of C$15.45. The company has a 50-day simple moving average of C$12.93 and a 200-day simple moving average of C$13.74. The firm has a market capitalization of C$894.88 million, a PE ratio of 12.91, a price-to-earnings-growth ratio of 0.79 and a beta of 0.88.

Evertz Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 17th will be paid a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date of this dividend is Tuesday, September 17th. Evertz Technologies’s payout ratio is 85.71%.

Insider Activity

In other news, insider Evertz Technologies Limited bought 2,529 shares of Evertz Technologies stock in a transaction on Wednesday, August 21st. The stock was purchased at an average cost of C$13.05 per share, with a total value of C$32,991.82. Corporate insiders own 64.51% of the company’s stock.

About Evertz Technologies

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.