Yellow Pages Limited Forecasted to Earn FY2023 Earnings of $ 1.89 Per Share (TSE: Y)

Yellow Pages Limited (TSE: Y – Get Rating) – Investment analysts at National Bank Financial raised their FY2023 earnings per share estimates for shares of Yellow Pages in a research note issued to investors on Wednesday, May 11th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $ 1.89 per share for the year, up from their previous forecast of $ 1.80. Yellow Pages (TSE: Y – Get Rating) last posted its quarterly earnings results on Thursday, February 10th. The company reported C $ 1.46 earnings per share (EPS) for the quarter. The company had revenue of C $ 68.62 million during the quarter.

Separately, Royal Bank of Canada raised their price target on shares of Yellow Pages from C $ 14.00 to C $ 15.00 and gave the company a “sector perform” rating in a research report on Thursday.

Shares of TSE: Y traded down C $ 0.18 during midday trading on Friday, reaching C $ 13.99. The company’s stock had a trading volume of 1,753 shares, compared to its average volume of 7,369. The firm has a market capitalization of C $ 384.17 million and a PE ratio of 5.30. Yellow Pages has a twelve month low of C $ 12.80 and a twelve month high of C $ 15.20. The stock has a fifty day moving average of C $ 13.46 and a 200 day moving average of C $ 13.89. The company has a quick ratio of 2.49, a current ratio of 2.63 and a debt-to-equity ratio of 42.95.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 15th will be given a dividend of $ 0.15 per share. The ex-dividend date of this dividend is Thursday, May 26th. This represents a $ 0.60 annualized dividend and a dividend yield of 4.29%. Yellow Pages’s dividend payout ratio is presently 21.21%.

About Yellow Pages (Get Rating)

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine solutions, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising to small and medium-sized enterprises.

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