Equities Analysts Offer Predictions for Mediagrif Interactive Technologies Inc’s FY2019 Earnings (MDF)

Mediagrif Interactive Technologies Inc (TSE:MDF) – National Bank Financial decreased their FY2019 earnings estimates for shares of Mediagrif Interactive Technologies in a research report issued to clients and investors on Wednesday, August 8th. National Bank Financial analyst R. Tse now expects that the company will earn $0.64 per share for the year, down from their prior forecast of $0.70. National Bank Financial also issued estimates for Mediagrif Interactive Technologies’ FY2020 earnings at $0.77 EPS.

Mediagrif Interactive Technologies (TSE:MDF) last issued its quarterly earnings results on Tuesday, June 12th. The company reported C$0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.18 by C($0.04). Mediagrif Interactive Technologies had a net margin of 11.29% and a return on equity of 6.98%. The business had revenue of C$20.48 million during the quarter, compared to analysts’ expectations of C$20.60 million.

Separately, Desjardins cut shares of Mediagrif Interactive Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$14.00 to C$13.00 in a research report on Wednesday, June 13th.

Shares of MDF stock opened at C$9.41 on Monday. Mediagrif Interactive Technologies has a 52 week low of C$9.27 and a 52 week high of C$13.90.

In other news, insider De Solidarité Ftq Fonds acquired 253,100 shares of the firm’s stock in a transaction dated Thursday, June 14th. The stock was acquired at an average cost of C$11.18 per share, with a total value of C$2,829,658.00.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 16th. Stockholders of record on Monday, July 16th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 4.25%.

Mediagrif Interactive Technologies Company Profile

Mediagrif Interactive Technologies Inc, through its subsidiaries, provides e-commerce solutions to private sector businesses, public sector organizations, and consumers in Canada, the United States, Asia, Europe, and internationally. Its e-business networks and solutions allow buyers and sellers to find, purchase, and sell products and services; help contractors and vendors access information on business opportunities from the government and private sectors; and offer professionals with automated and integrated business solutions to streamline the supply chain.

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Earnings History and Estimates for Mediagrif Interactive Technologies (TSE:MDF)

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