mdf commerce inc. (TSE:MDF) Given Consensus Recommendation of “Hold” by Brokerages

ETFS

Shares of mdf commerce inc. (TSE:MDFGet Rating) have been given an average rating of “Buy” by the six research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$11.70.

A number of equities analysts have recently weighed in on MDF shares. National Bankshares cut their price target on mdf commerce from C$6.00 to C$5.00 in a report on Friday, February 11th. Desjardins cut mdf commerce from a “buy” rating to a “hold” rating in a report on Monday, December 6th. Finally, Laurentian Bank of Canada reissued a “buy” rating and issued a C$11.00 price target on shares of mdf commerce in a report on Monday, February 7th.


Shares of MDF stock opened at C$3.38 on Wednesday. The stock has a fifty day moving average price of C$4.05 and a 200 day moving average price of C$5.12. The stock has a market cap of C$148.62 million and a PE ratio of -6.05. mdf commerce has a 1 year low of C$3.07 and a 1 year high of C$13.40. The company has a debt-to-equity ratio of 17.50, a quick ratio of 0.63 and a current ratio of 0.95.

mdf commerce (TSE:MDFGet Rating) last issued its quarterly earnings data on Wednesday, February 9th. The company reported C($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.02) by C($0.09). The company had revenue of C$30.65 million during the quarter, compared to analysts’ expectations of C$33.13 million. As a group, equities research analysts predict that mdf commerce will post -0.1937677 earnings per share for the current year.

About mdf commerce (Get Rating)

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company’s SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include e-commerce, strategic sourcing, supply chain collaboration, and emarketplaces.

Further Reading

Analyst Recommendations for mdf commerce (TSE:MDF)

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