Yellow Pages (TSE:Y) Hits New 52-Week Low – Here’s What Happened

Yellow Pages Limited (TSE:Y) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.09 and last traded at C$12.90, with a volume of 3600 shares. The stock had previously closed at C$13.47.

Analyst Ratings Changes

Separately, National Bank Financial boosted their target price on Yellow Pages from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$12.50.

Yellow Pages Stock Down 4.2%

The company has a market capitalization of C$148.75 million, a P/E ratio of 9.28, a price-to-earnings-growth ratio of -0.32 and a beta of 0.96. The company has a current ratio of 2.23, a quick ratio of 3.26 and a debt-to-equity ratio of 113.63. The stock’s fifty day moving average is C$12.83 and its 200 day moving average is C$12.83.

Yellow Pages (TSE:Y) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$0.29 earnings per share (EPS) for the quarter. Yellow Pages had a net margin of 9.95% and a return on equity of 40.00%. The business had revenue of C$47.56 million for the quarter. Research analysts predict that Yellow Pages Limited will post 1.6202946 EPS for the current fiscal year.

Yellow Pages Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.00 annualized dividend and a dividend yield of 7.8%. Yellow Pages’s dividend payout ratio (DPR) is presently 71.94%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.