FY2019 Earnings Estimate for Baylin Technologies Inc (BYL) Issued By Raymond James

Baylin Technologies Inc (TSE:BYL) – Investment analysts at Raymond James lowered their FY2019 earnings per share estimates for shares of Baylin Technologies in a research report issued to clients and investors on Wednesday, May 15th. Raymond James analyst S. Li now forecasts that the company will post earnings per share of $0.11 for the year, down from their prior forecast of $0.35. Raymond James has a “Outperform” rating and a $5.75 price target on the stock.

Separately, Cormark reduced their price target on Baylin Technologies from C$5.75 to C$5.50 in a research report on Friday, March 15th.

BYL stock opened at C$3.58 on Monday. The company has a current ratio of 1.74, a quick ratio of 1.05 and a debt-to-equity ratio of 75.69. The stock has a market capitalization of $147.22 million and a price-to-earnings ratio of -21.44. Baylin Technologies has a 1 year low of C$2.90 and a 1 year high of C$4.50.

Baylin Technologies (TSE:BYL) last posted its quarterly earnings results on Wednesday, March 13th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The business had revenue of C$36.01 million during the quarter, compared to the consensus estimate of C$38.50 million.

Baylin Technologies Company Profile

Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.

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Earnings History and Estimates for Baylin Technologies (TSE:BYL)

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