Horizon North Logistics Inc. (HNL) Expected to Earn Q1 2018 Earnings of ($0.01) Per Share

Horizon North Logistics Inc. (TSE:HNL) – Equities research analysts at National Bank Financial issued their Q1 2018 earnings per share (EPS) estimates for Horizon North Logistics in a research note issued on Wednesday. National Bank Financial analyst G. Colman expects that the company will earn ($0.01) per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $2.40 target price on the stock. National Bank Financial also issued estimates for Horizon North Logistics’ FY2019 earnings at $0.05 EPS.

A number of other analysts have also weighed in on the stock. Clarus Securities reaffirmed a “buy” rating on shares of Horizon North Logistics in a research note on Thursday. Scotiabank raised shares of Horizon North Logistics from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$1.50 to C$2.25 in a research note on Thursday. Finally, Raymond James Financial lowered shares of Horizon North Logistics from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from C$2.15 to C$1.60 in a research note on Tuesday, January 9th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Horizon North Logistics currently has an average rating of “Buy” and a consensus price target of C$2.08.

Horizon North Logistics (TSE HNL) opened at C$2.01 on Friday. The stock has a market cap of $273.24, a PE ratio of -25.13 and a beta of 1.31. Horizon North Logistics has a one year low of C$1.16 and a one year high of C$2.03.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Saturday, March 31st will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend is Wednesday, March 28th. Horizon North Logistics’s dividend payout ratio is currently -100.00%.

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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.

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