MAV Beauty Brands Inc (MAV) to Post FY2019 Earnings of $0.62 Per Share, National Bank Financial Forecasts

MAV Beauty Brands Inc (TSE:MAV) – National Bank Financial lowered their FY2019 EPS estimates for shares of MAV Beauty Brands in a research note issued on Monday, May 13th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $0.62 per share for the year, down from their prior estimate of $0.65. National Bank Financial has a “Sector Perform” rating and a $10.50 price objective on the stock. National Bank Financial also issued estimates for MAV Beauty Brands’ Q2 2020 earnings at $0.20 EPS, Q3 2020 earnings at $0.28 EPS and FY2020 earnings at $0.95 EPS.

MAV has been the subject of a number of other research reports. CIBC dropped their price target on shares of MAV Beauty Brands from C$14.00 to C$12.00 in a research note on Friday, March 29th. BMO Capital Markets decreased their price objective on shares of MAV Beauty Brands from C$17.00 to C$14.00 and set an “outperform” rating for the company in a report on Monday, April 1st. Royal Bank of Canada decreased their price objective on shares of MAV Beauty Brands from C$15.00 to C$11.00 and set an “outperform” rating for the company in a report on Friday, March 29th. Raymond James decreased their price objective on shares of MAV Beauty Brands from C$16.00 to C$13.50 in a report on Friday, March 29th. Finally, Jefferies Financial Group decreased their price objective on shares of MAV Beauty Brands from C$15.00 to C$14.00 in a report on Friday, March 29th.

Shares of TSE:MAV opened at C$7.18 on Thursday. The company has a debt-to-equity ratio of 51.51, a current ratio of 2.60 and a quick ratio of 1.33. The firm has a market capitalization of $261.91 million and a P/E ratio of -16.70. MAV Beauty Brands has a 12-month low of C$6.93 and a 12-month high of C$14.15.

MAV Beauty Brands (TSE:MAV) last issued its quarterly earnings results on Thursday, March 28th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.02). The company had revenue of C$38.37 million for the quarter, compared to analyst estimates of C$33.88 million.

MAV Beauty Brands Company Profile

MAV Beauty Brands Inc operates as a personal care company. The company offers hair care, body care, and beauty products, such as shampoos, conditioners, hair styling products, treatments, body wash products, and body and hand lotions under the Marc Anthony True Professional, Renpure, and Cake Beauty brand names.

See Also: Why is Cost of Capital Important?

Earnings History and Estimates for MAV Beauty Brands (TSE:MAV)

Receive News & Ratings for MAV Beauty Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAV Beauty Brands and related companies with MarketBeat.com's FREE daily email newsletter.