Brokers Offer Predictions for Indigo Books & Music Inc.’s FY2020 Earnings (TSE:IDG)

Indigo Books & Music Inc. (TSE:IDG) – Equities researchers at Cormark lowered their FY2020 earnings per share estimates for Indigo Books & Music in a research report issued on Thursday, November 14th. Cormark analyst D. Mcfadgen now anticipates that the company will earn ($1.02) per share for the year, down from their previous forecast of ($0.69).

Indigo Books & Music has a 12 month low of C$3.90 and a 12 month high of C$13.22. The firm has a market cap of $112.64 million and a PE ratio of -2.80. The business’s 50-day moving average price is C$5.00 and its 200-day moving average price is C$7.12. The company has a debt-to-equity ratio of 257.69, a current ratio of 1.25 and a quick ratio of 0.28.

About Indigo Books & Music

Indigo Books & Music Inc operates as a book, gift, and specialty toy retailer in Canada. The company also offers kids, toy, baby, home, fashion, paper, and electronics products. As of March 31, 2018, it operated 86 superstores and 123 small format stores under the Indigo, Chapters, Coles, Indigospirit, and The Book Company names.

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Earnings History and Estimates for Indigo Books & Music (TSE:IDG)

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