TD Securities Trims Stuart Olson (TSE:SOX) Target Price to C$3.75

Stuart Olson (TSE:SOX) had its price objective reduced by TD Securities from C$4.75 to C$3.75 in a research note issued to investors on Monday morning, BayStreet.CA reports. They currently have a hold rating on the stock.

Other analysts have also recently issued research reports about the company. National Bank Financial cut their target price on Stuart Olson from C$3.50 to C$3.00 and set an underperform rating on the stock in a research report on Friday, August 9th. Raymond James cut their target price on Stuart Olson from C$5.00 to C$3.50 and set a market perform rating on the stock in a research report on Friday, August 9th. CIBC cut their target price on Stuart Olson from C$5.00 to C$4.00 in a research report on Tuesday, July 16th. Finally, Canaccord Genuity cut their target price on Stuart Olson from C$4.50 to C$3.25 in a research report on Monday.

SOX opened at C$2.68 on Monday. The business’s 50-day simple moving average is C$3.40 and its 200-day simple moving average is C$4.14. The company has a debt-to-equity ratio of 95.57, a quick ratio of 0.95 and a current ratio of 0.97. Stuart Olson has a one year low of C$2.66 and a one year high of C$6.78. The stock has a market capitalization of $96.86 million and a P/E ratio of -33.09.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 8.96%. The ex-dividend date is Friday, September 27th. Stuart Olson’s dividend payout ratio (DPR) is currently -518.52%.

About Stuart Olson

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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