GDI Integrated Facility Services Inc. (TSE:GDI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) have earned an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$43.33.

A number of equities research analysts have issued reports on GDI shares. CIBC downgraded GDI Integrated Facility Services from an “outperform” rating to a “neutral” rating and cut their price target for the company from C$45.00 to C$39.00 in a research note on Friday, March 1st. TD Securities reduced their target price on shares of GDI Integrated Facility Services from C$45.00 to C$41.00 and set a “hold” rating for the company in a report on Friday, March 1st. National Bankshares downgraded shares of GDI Integrated Facility Services from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from C$45.00 to C$40.50 in a research report on Friday, March 1st. National Bank Financial downgraded shares of GDI Integrated Facility Services from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Thursday, February 29th. Finally, Desjardins decreased their target price on GDI Integrated Facility Services from C$56.00 to C$52.00 and set a “buy” rating on the stock in a report on Friday, March 1st.

GDI Integrated Facility Services Price Performance

Shares of TSE GDI opened at C$37.60 on Friday. GDI Integrated Facility Services has a twelve month low of C$35.17 and a twelve month high of C$49.00. The firm has a market cap of C$552.34 million, a P/E ratio of 47.59 and a beta of 0.99. The company has a 50 day moving average of C$38.66 and a 200 day moving average of C$37.80. The company has a quick ratio of 1.44, a current ratio of 1.60 and a debt-to-equity ratio of 95.39.

GDI Integrated Facility Services (TSE:GDI) last released its quarterly earnings results on Wednesday, February 28th. The company reported C$0.25 earnings per share for the quarter, missing the consensus estimate of C$0.37 by C($0.12). GDI Integrated Facility Services had a net margin of 0.78% and a return on equity of 4.25%. The firm had revenue of C$622.00 million for the quarter, compared to the consensus estimate of C$642.90 million. As a group, research analysts expect that GDI Integrated Facility Services will post 1.1599766 EPS for the current fiscal year.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.