Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$27.53.

AD.UN has been the subject of several recent analyst reports. Raymond James Financial boosted their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$27.00 to C$27.25 and gave the stock an “outperform” rating in a report on Friday, May 8th. Desjardins increased their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$27.00 to C$27.50 and gave the company a “buy” rating in a report on Friday. ATB Cormark Capital Markets lifted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$29.00 to C$32.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. National Bank Financial boosted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Finally, Canaccord Genuity Group upped their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$27.50 to C$30.00 in a research report on Monday.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 0.4%

TSE AD.UN opened at C$25.58 on Tuesday. Alaris Equity Partners Income Trust has a 1 year low of C$17.80 and a 1 year high of C$26.31. The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36. The company has a market capitalization of C$1.17 billion, a PE ratio of 12.42, a P/E/G ratio of 0.80 and a beta of 1.21. The company has a fifty day moving average of C$24.35 and a 200 day moving average of C$22.86.

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.81 EPS for the quarter. Alaris Equity Partners Income Trust (AD.UN) had a return on equity of 22.20% and a net margin of 97.33%.The business had revenue of C$37.37 million for the quarter. Research analysts forecast that Alaris Equity Partners Income Trust will post 1.9300847 earnings per share for the current year.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner’s common equity position.