National Bank Financial Equities Analysts Cut Earnings Estimates for MAV Beauty Brands Inc (TSE:MAV)

National Bank Financial Equities Analysts Cut Earnings Estimates for MAV Beauty Brands Inc (TSE:MAV)

MAV Beauty Brands Inc (TSE:MAV) – Research analysts at National Bank Financial decreased their Q1 2020 EPS estimates for MAV Beauty Brands in a research note issued on Monday, May 13th, Zacks Investment Research reports. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.15. National Bank Financial currently has a “Sector Perform” rating and a $10.50 price objective on the stock. National Bank Financial also issued estimates for MAV Beauty Brands’ Q4 2020 earnings at $0.32 EPS.

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

Shares of MAV stock traded down C$0.03 during mid-day trading on Wednesday, reaching C$7.35. The stock had a trading volume of 12,800 shares, compared to its average volume of 73,777. The company has a debt-to-equity ratio of 52.46, a quick ratio of 1.23 and a current ratio of 2.57. MAV Beauty Brands has a 1-year low of C$6.93 and a 1-year high of C$14.15. The firm has a market capitalization of $276.19 million and a PE ratio of -30.88.
MAV Beauty Brands (TSE:MAV) last released its quarterly earnings results on Monday, May 13th. The company reported C$0.09 EPS for the quarter, meeting analysts’ consensus estimates of C$0.09. The business had revenue of C$32.05 million during the quarter, compared to analysts’ expectations of C$35.44 million.

About MAV Beauty Brands

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.

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