Brokers Provide Earnings Predictions for Enterprise Group (TSE:E) in FY2024

On February 5, 2025, research analysts from Raymond James shared their predictions for Enterprise Group, Inc. (TSE:E) regarding the company's earnings per share (EPS) for the fiscal year 2024. Analyst M. Barth anticipates that Enterprise Group will achieve earnings of $0.10 per share in this period. Currently, Raymond James holds a "Moderate Buy" rating for the stock.

The consensus among analysts for Enterprise Group’s total earnings for the current fiscal year is estimated at $0.20 per share. Furthermore, Raymond James has also outlined future earnings estimates, projecting EPS of $0.14 for FY2025, $0.19 for FY2026, $0.25 for FY2027, $0.27 for FY2028, and $0.31 for FY2029.

In a separate announcement, Fundamental Research set a target price of C$2.75 for Enterprise Group stock and assigned the company a "buy" rating in a note released on December 10, 2024.

Current Stock Performance

As of the latest market opening, Enterprise Group shares are priced at C$2.42, reflecting a decline of 2.4%. Over the past year, the stock has fluctuated significantly, hitting a low of C$0.80 and a high of C$2.69. The company maintains a market capitalization of C$144.76 million, with a price-to-earnings (P/E) ratio of 17.29 and a beta value of 1.18, indicating slight volatility compared to the broader market. The financial health of the company is reflected in its quick ratio of 3.18 and a current ratio of 4.17, while the debt-to-equity ratio stands at 52.75. The 50-day moving average is C$2.13, and the 200-day moving average is C$1.94.

Overview of Enterprise Group, Inc.

Enterprise Group, Inc. operates through its various subsidiaries as a provider of equipment rental and construction services within Canada. The company specializes in the rental of equipment to the construction and oil and gas sectors, including flameless heaters. Their offerings also encompass oilfield infrastructure site services and a range of modular and combo equipment for diverse operational needs.

Brokers, Earnings, Predictions