Westshore Terminals Investment (TSE:WTE) Posts Earnings Results

Westshore Terminals Investment (TSE:WTE) announced its quarterly earnings results on Saturday. The company reported C$0.47 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$106.00 million during the quarter. Westshore Terminals Investment had a net margin of 29.65% and a return on equity of 13.28%.

Westshore Terminals Investment Trading Down 2.1%

Shares of WTE stock opened at C$43.11 on Friday. The company has a debt-to-equity ratio of 58.75, a current ratio of 1.04 and a quick ratio of 2.07. The firm has a market cap of C$2.66 billion, a PE ratio of 27.11 and a beta of 0.27. The company has a 50-day moving average of C$42.78 and a two-hundred day moving average of C$38.26. Westshore Terminals Investment has a 1-year low of C$24.50 and a 1-year high of C$45.92.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upped their price objective on Westshore Terminals Investment from C$44.00 to C$47.00 in a report on Wednesday, September 30th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, Westshore Terminals Investment presently has a consensus rating of “Buy” and a consensus target price of C$47.00.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.