Edgewater Technology, Inc. (NYSE:ALYA) – Analysts at Desjardins dropped their FY2020 earnings estimates for Edgewater Technology in a report issued on Wednesday, June 12th. Desjardins analyst M. Yaghi now expects that the company will earn ($0.02) per share for the year, down from their prior forecast of $0.05.
A number of other brokerages have also issued reports on ALYA. Zacks Investment Research lowered Edgewater Technology from a “hold” rating to a “sell” rating in a research note on Wednesday, February 20th. Eight Capital reaffirmed a “buy” rating on shares of Edgewater Technology in a research note on Thursday, March 7th.
A hedge fund recently bought a new stake in Edgewater Technology stock. Geode Capital Management LLC purchased a new stake in shares of Edgewater Technology, Inc. (NYSE:ALYA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 44,693 shares of the company’s stock, valued at approximately $105,000. Geode Capital Management LLC owned approximately 0.14% of Edgewater Technology as of its most recent filing with the SEC.
About Edgewater Technology
Alithya Group Inc provides information technology and management consulting services. The company's services include strategic direction, such as strategic planning, strategic information technology planning, strategic alignment, organizational management, and program evaluation; and architecture that includes enterprise, business, information, applications, technology, security, and solutions architecture services.
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