Andina Acquisition Corp (NASDAQ:TGLS) – Equities research analysts at Dougherty & Co reduced their Q2 2017 earnings estimates for shares of Andina Acquisition Corp in a report released on Thursday. Dougherty & Co analyst J. Hamblin now forecasts that the company will post earnings of $0.17 per share for the quarter, down from their previous forecast of $0.23. Dougherty & Co also issued estimates for Andina Acquisition Corp’s Q3 2017 earnings at $0.28 EPS, Q4 2017 earnings at $0.28 EPS and FY2018 earnings at $0.93 EPS.
Separately, Zacks Investment Research raised Andina Acquisition Corp from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a research note on Thursday, March 30th.
COPYRIGHT VIOLATION WARNING: “Q2 2017 EPS Estimates for Andina Acquisition Corp (TGLS) Reduced by Analyst” was first posted by BBNS and is the property of of BBNS. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://baseballnewssource.com/markets/q2-2017-eps-estimates-for-andina-acquisition-corp-tgls-reduced-by-analyst-updated-updated/862372.html.
Andina Acquisition Corp (NASDAQ:TGLS) opened at 9.90 on Friday. The company has a 50 day moving average of $10.46 and a 200-day moving average of $11.32. Andina Acquisition Corp has a 12-month low of $9.60 and a 12-month high of $12.93. The stock has a market capitalization of $331.52 million, a price-to-earnings ratio of 30.94 and a beta of 0.45.
The company also recently disclosed a dividend, which was paid on Friday, April 28th. Investors of record on Friday, March 31st were paid a $0.125 dividend. The ex-dividend date was Wednesday, March 29th. Andina Acquisition Corp’s dividend payout ratio is currently 20.97%.
Receive News & Ratings for Andina Acquisition Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andina Acquisition Corp and related companies with our FREE daily email newsletter.