National Bank Financial Brokers Boost Earnings Estimates for mdf commerce inc. (TSE:MDF)

mdf commerce inc. (TSE:MDF - Free Report) - Investment analysts at National Bank Financial lifted their FY2024 EPS estimates for mdf commerce in a research note issued on Wednesday, August 9th. National Bank Financial analyst R. Tse now expects that the company will post earnings of ($0.37) per share for the year, up from their previous forecast of ($0.39). The consensus estimate for mdf commerce's current full-year earnings is $0.01 per share.

mdf commerce (TSE:MDF - Get Free Report) last released its quarterly earnings data on Tuesday, June 27th. The company reported C($0.09) earnings per share for the quarter, beating the consensus estimate of C($0.10) by C$0.01. mdf commerce had a negative net margin of 66.26% and a negative return on equity of 29.82%. The firm had revenue of C$31.23 million during the quarter, compared to analysts' expectations of C$31.15 million.

Separately, Scotiabank increased their price target on shares of mdf commerce from C$3.50 to C$4.00 in a research report on Thursday, June 29th.

Get Our Latest Stock Report on mdf commerce

MDF opened at C$3.50 on Monday. The company has a quick ratio of 0.52, a current ratio of 0.80 and a debt-to-equity ratio of 4.54. The firm has a 50 day moving average price of C$3.51 and a 200-day moving average price of C$3.47. mdf commerce has a twelve month low of C$1.62 and a twelve month high of C$4.40. The stock has a market capitalization of C$153.90 million, a price-to-earnings ratio of -1.79, a PEG ratio of -0.30 and a beta of 1.51.

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include ecommerce, eprocurement, and emarketplace.

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