Baylin Technologies Inc (BYL) Forecasted to Earn FY2020 Earnings of $0.29 Per Share

Baylin Technologies Inc (TSE:BYL) – National Bank Financial lowered their FY2020 earnings per share estimates for Baylin Technologies in a research report issued on Tuesday, May 14th. National Bank Financial analyst A. Mcgee now forecasts that the company will post earnings per share of $0.29 for the year, down from their prior estimate of $0.34.

A number of other equities analysts have also recently weighed in on BYL. Raymond James reaffirmed an “outperform” rating and set a C$5.75 price objective on shares of Baylin Technologies in a research report on Tuesday. Cormark lowered their price objective on shares of Baylin Technologies from C$5.75 to C$5.50 in a research report on Friday, March 15th.

Shares of TSE BYL opened at C$3.68 on Thursday. The company has a market cap of $147.22 million and a PE ratio of -28.09. The company has a debt-to-equity ratio of 60.41, a current ratio of 2.28 and a quick ratio of 1.47. Baylin Technologies has a 1 year low of C$2.90 and a 1 year high of C$4.50.

Baylin Technologies (TSE:BYL) last announced its quarterly earnings results on Wednesday, March 13th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$36.01 million for the quarter, compared to analyst estimates of C$38.50 million.

About Baylin Technologies

Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.

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Earnings History and Estimates for Baylin Technologies (TSE:BYL)

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