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Raymond James Analysts Lower Earnings Estimates for Opsens Inc. (TSE:OPS)

Financial News Live ·  Jul 20, 2022 02:51

Opsens Inc. (TSE:OPS – Get Rating) – Equities researchers at Raymond James dropped their FY2026 earnings estimates for Opsens in a note issued to investors on Thursday, July 14th. Raymond James analyst R. Sarugaser now anticipates that the company will post earnings of $0.09 per share for the year, down from their previous forecast of $0.10. The consensus estimate for Opsens' current full-year earnings is ($0.06) per share.

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Separately, Stifel Nicolaus began coverage on shares of Opsens in a research note on Wednesday, April 13th. They set a "buy" rating and a C$3.35 price objective for the company.

Opsens Stock Performance

TSE OPS opened at C$2.35 on Monday. The company's 50 day moving average is C$2.13 and its 200-day moving average is C$2.09. Opsens has a 12-month low of C$1.55 and a 12-month high of C$3.74. The company has a quick ratio of 4.88, a current ratio of 5.87 and a debt-to-equity ratio of 18.46. The firm has a market cap of C$255.61 million and a P/E ratio of -39.83.

About Opsens

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Opsens Inc develops, manufactures, installs, and sells fiber optic sensors for interventional cardiology, fractional flow reserve (FFR), oil and gas, and industrial applications. The company operates in two segments, Medical and Industrial. The Medical segment primarily focuses on physiological measurement, such as FFR and dPR in the coronary artery stenosis market; and supplies a range of miniature optical sensors to measure pressure and temperature used in integrated applications in other medical devices, as well as licenses its optical sensor technology.

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