Shawcor (SCL) Scheduled to Post Earnings on Thursday

Shawcor (TSE:SCL) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, March 1st. Analysts expect the company to announce earnings of C$0.37 per share for the quarter.

Shares of Shawcor (TSE SCL) opened at C$26.49 on Thursday. The firm has a market capitalization of $1,850.00, a price-to-earnings ratio of 22.84 and a beta of 0.62. Shawcor has a one year low of C$24.20 and a one year high of C$39.95.

SCL has been the subject of several research reports. Scotiabank raised Shawcor from an “underperform” rating to a “sector perform” rating and set a C$32.00 price objective for the company in a research note on Tuesday, November 14th. National Bank Financial raised their price objective on Shawcor from C$35.00 to C$36.00 in a research note on Monday, November 13th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Shawcor currently has a consensus rating of “Buy” and an average target price of C$36.00.

In other news, insider Paul Anthony Pierroz sold 900 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$27.92, for a total transaction of C$25,128.00.

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Shawcor Company Profile

Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.

Earnings History for Shawcor (TSE:SCL)

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