National Bank Financial Research Analysts Reduce Earnings Estimates for AGT Food and Ingredients Inc (AGT)
AGT Food and Ingredients Inc (TSE:AGT) – Investment analysts at National Bank Financial reduced their Q4 2018 earnings per share (EPS) estimates for shares of AGT Food and Ingredients in a note issued to investors on Monday, November 12th, Zacks Investment Research reports. National Bank Financial analyst G. Colman now expects that the company will post earnings of ($0.06) per share for the quarter, down from their previous forecast of $0.13. National Bank Financial has a “Sector Perform” rating and a $18.00 price target on the stock. National Bank Financial also issued estimates for AGT Food and Ingredients’ FY2019 earnings at $0.04 EPS.
AGT Food and Ingredients (TSE:AGT) last posted its quarterly earnings results on Monday, November 12th. The company reported C$0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.03 by C$0.16. The company had revenue of C$254.75 million for the quarter, compared to the consensus estimate of C$410.20 million.
AGT traded down C$0.03 during trading on Thursday, hitting C$17.40. 153,000 shares of the company traded hands, compared to its average volume of 67,949. The company has a debt-to-equity ratio of 239.16, a quick ratio of 0.64 and a current ratio of 1.67. AGT Food and Ingredients has a one year low of C$13.00 and a one year high of C$22.70.
AGT Food and Ingredients Company Profile
AGT Food and Ingredients Inc produces and exports pulses, staple foods, and food ingredients worldwide. It operates through three segments: Pulse and Grain Processing; Bulk Handling and Distribution; and Food Ingredients and Packaged Foods. The company offers lentils, peas, chickpeas, beans, popcorn, canary seed, flax, and other specialty seeds.
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