Yellow Pages (TSE:Y) Stock Falls 1.2% – Time to Sell?

Yellow Pages Limited (TSE:Y) shares dropped 1.2% during mid-day trading on Thursday. The stock traded as low as C$13.44 and last traded at C$13.63. 2,587 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 3,481 shares. The stock had previously closed at C$13.79.

Analysts Set New Price Targets

Separately, National Bank Financial upped their target price on shares of Yellow Pages from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Yellow Pages presently has a consensus rating of “Hold” and a consensus price target of C$12.50.

Yellow Pages Stock Down 1.2%

The business has a 50 day simple moving average of C$13.70 and a 200 day simple moving average of C$13.07. The company has a market capitalization of C$157.55 million, a price-to-earnings ratio of 9.81, a PEG ratio of -0.32 and a beta of 0.95. The company has a debt-to-equity ratio of 113.63, a current ratio of 2.23 and a quick ratio of 3.26.

Yellow Pages (TSE:Y) last issued its quarterly earnings data on Thursday, November 12th. The company reported C$0.40 earnings per share for the quarter. Yellow Pages had a return on equity of 40.00% and a net margin of 9.95%. The business had revenue of C$44.98 million during the quarter. As a group, equities analysts predict that Yellow Pages Limited will post 1.62 earnings per share for the current fiscal year.

Yellow Pages Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, August 17th. This represents a $1.00 dividend on an annualized basis and a yield of 7.3%. Yellow Pages’s dividend payout ratio is 71.94%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.