ADENTRA (TSE:ADEN – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04), FiscalAI reports. The firm had revenue of $562.65 million during the quarter, compared to the consensus estimate of $740.32 million. ADENTRA had a net margin of 3.05% and a return on equity of 10.60%.
Here are the key takeaways from ADENTRA’s conference call:
- The company’s nine management-nominated directors were elected to serve until the next annual meeting, with the scrutineer reporting a significant majority of proxies in favour.
- KPMG LLP was appointed as auditors for the ensuing year and the directors were authorized to fix the auditors’ remuneration.
- Financial statements and the auditors’ report for the year ended December 31, 2025 were tabled and are available to shareholders on the company’s web portal and in the mailed materials.
- No shareholder questions or advance nominations were received, leaving an uncontested management slate and indicating limited shareholder engagement at the meeting.
ADENTRA Stock Up 2.0%
Shares of ADENTRA stock opened at $33.88 on Wednesday. The stock has a market capitalization of $821.42 million, a P/E ratio of 12.50 and a beta of 1.44. The stock has a 50 day moving average price of $35.12 and a two-hundred day moving average price of $35.20. ADENTRA has a 12-month low of $24.60 and a 12-month high of $41.20.
ADENTRA Dividend Announcement
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on ADEN shares. Stifel Nicolaus boosted their price target on ADENTRA from C$49.50 to C$51.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Scotiabank lowered their price target on ADENTRA from C$46.00 to C$45.00 and set a “sector outperform” rating for the company in a research note on Tuesday, April 28th. ATB Cormark Capital Markets boosted their price target on ADENTRA from C$50.00 to C$61.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Finally, National Bank Financial lowered their price target on ADENTRA from C$54.50 to C$52.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.
View Our Latest Analysis on ADENTRA
About ADENTRA
Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.
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