Extendicare (TSE:EXE) Upgraded at BMO Capital Markets

Extendicare (TSE:EXE) was upgraded by stock analysts at BMO Capital Markets to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

EXE has been the subject of several other research reports. TD Securities boosted their target price on shares of Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a research note on Thursday, November 14th. Royal Bank of Canada increased their price target on Extendicare from C$9.50 to C$11.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 28th.

Extendicare Stock Performance

Shares of Extendicare stock opened at C$10.35 on Tuesday. The firm has a market cap of C$863.91 million, a PE ratio of 15.22 and a beta of 1.26. Extendicare has a 1 year low of C$6.63 and a 1 year high of C$10.89. The firm’s 50-day simple moving average is C$10.36 and its 200-day simple moving average is C$9.18. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60.

Extendicare (TSE:EXE) last released its earnings results on Tuesday, November 12th. The company reported C$0.19 EPS for the quarter. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. During the same quarter in the prior year, the firm posted $0.13 EPS. Equities analysts forecast that Extendicare will post 0.6134729 earnings per share for the current fiscal year.

Extendicare Company Profile

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.