North West (NWC) Set to Post Earnings on Wednesday

North West (TSE:NWC) is scheduled to be announcing its earnings results after the market closes on Wednesday, September 4th. Analysts expect the company to announce earnings of C$0.76 per share for the quarter.

North West (TSE:NWC) last released its quarterly earnings results on Wednesday, June 5th. The company reported C$0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.54 by C($0.01). North West had a return on equity of 20.19% and a net margin of 5.37%. The company had revenue of C$617.52 million for the quarter.

North West Stock Down 0.1 %

Shares of NWC stock opened at C$45.68 on Tuesday. The stock’s 50 day simple moving average is C$43.75 and its 200 day simple moving average is C$40.95. North West has a twelve month low of C$29.58 and a twelve month high of C$46.25. The company has a debt-to-equity ratio of 60.46, a quick ratio of 0.64 and a current ratio of 2.14. The company has a market capitalization of C$2.18 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.11 and a beta of 0.63.

North West Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend was Friday, June 28th. North West’s dividend payout ratio is 56.32%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. BMO Capital Markets upped their price objective on shares of North West from C$41.00 to C$44.00 in a report on Thursday, June 6th. CIBC boosted their target price on shares of North West from C$43.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. Finally, TD Securities raised their price target on North West from C$47.00 to C$52.00 in a research report on Tuesday, July 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, North West has a consensus rating of “Hold” and an average price target of C$44.60.

Insider Transactions at North West

In other North West news, Senior Officer Walter Pickett sold 767 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of C$42.64, for a total value of C$32,704.88. In other North West news, Senior Officer Walter Pickett sold 767 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of C$42.64, for a total value of C$32,704.88. Also, Director George Mcconnell Daniel sold 5,665 shares of North West stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of C$42.54, for a total value of C$240,989.10. Over the last quarter, insiders have sold 11,662 shares of company stock worth $497,015. Insiders own 0.12% of the company’s stock.

North West Company Profile

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.