Stuart Olson (TSE:SOX) had its price target lowered by Raymond James from C$5.00 to C$3.50 in a research note released on Friday morning, BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.
SOX has been the subject of several other research reports. CIBC decreased their price target on Stuart Olson from C$5.00 to C$4.00 in a research note on Tuesday, July 16th. National Bank Financial decreased their price target on Stuart Olson from C$3.50 to C$3.00 and set an underperform rating for the company in a research note on Friday.
TSE:SOX opened at C$2.97 on Friday. Stuart Olson has a 1 year low of C$2.90 and a 1 year high of C$7.14. The company has a market capitalization of $96.86 million and a PE ratio of -36.67. The stock has a fifty day simple moving average of C$3.44. The company has a debt-to-equity ratio of 95.57, a quick ratio of 0.95 and a current ratio of 0.97.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.24 annualized dividend and a dividend yield of 8.08%. Stuart Olson’s payout ratio is -518.52%.
Stuart Olson Company Profile
Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.
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