Yellow Pages (TSE:Y) Price Target Raised to C$12.50

Yellow Pages (TSE:Y) had its price target raised by National Bank Financial from C$12.00 to C$12.50 in a research note released on Monday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Yellow Pages Trading Up 0.8%

Shares of Y stock opened at C$13.10 on Monday. Yellow Pages has a twelve month low of C$10.78 and a twelve month high of C$13.72. The stock’s fifty day simple moving average is C$12.78 and its 200 day simple moving average is C$12.80. The company has a quick ratio of 3.26, a current ratio of 2.23 and a debt-to-equity ratio of 113.63. The firm has a market capitalization of C$151.06 million, a P/E ratio of 10.40, a P/E/G ratio of -0.32 and a beta of 0.96.

Yellow Pages (TSE:Y) last posted its earnings results on Thursday, August 6th. The company reported C$0.29 EPS for the quarter. The firm had revenue of C$47.56 million during the quarter. Yellow Pages had a return on equity of 40.00% and a net margin of 9.95%. As a group, sell-side analysts predict that Yellow Pages will post 1.6202946 EPS for the current fiscal year.

Yellow Pages Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Monday, August 17th. Yellow Pages’s payout ratio is presently 79.37%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.