Evertz Technologies stock reports lower profit and EPS
Published on 09/30/2026 at 21:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Evertz Technologies stock reported CAD 118.3 million in Q1 2027 revenue for the quarter ended July 31, 2026, up 5.5 percent from CAD 112.1 million a year earlier, according to Yahoo Finance on September 14, 2026. The quarter also brought weaker profitability and a broad reset in analyst targets.
Profit falls despite higher revenue
Yahoo Finance reported that net earnings fell to CAD 8.0 million from CAD 11.9 million in Q1 2026. Fully diluted EPS declined to CAD 0.10 from CAD 0.15, while gross margin narrowed to 58.6 percent from 61.4 percent.
The operating picture was mixed rather than uniformly weak. Order backlog reached CAD 259.0 million at August 31, 2026, a 9.0 percent sequential increase, while international revenue rose to CAD 38.3 million from CAD 32.7 million in the year-earlier quarter, according to the same September 14 company release carried by Yahoo Finance.
Analysts lower targets across the board
The market response has centered on earnings quality and valuation. On September 15, 2026, BMO cut its target to CAD 17.00 from CAD 18.00, Raymond James to CAD 16.50 from CAD 18.00, RBC Capital to CAD 16.00 from CAD 17.00, and Canaccord Genuity to CAD 15.00 from CAD 18.00, as reported by The Globe and Mail.
That revision still leaves every cited target above the latest TSX quote. The key counterweight is cash generation: operating cash flow was CAD 0.5 million in Q1 2027, compared with CAD 33.5 million a year earlier, while the quarterly dividend remained CAD 0.205 per share, according to Yahoo Finance.
TSX quote stays below yearly high
Evertz was last at CAD 12.23 on the TSX on September 30, 2026 at 3:58 p.m. ET, versus CAD 12.05 previously, while its 52-week range was CAD 11.80 to CAD 21.50. The market capitalization was CAD 924.4 million on the same date, putting the stock close to its yearly low and keeping earnings conversion central to the valuation debate.
Evertz Technologies stock at a glance
- Company: Evertz Technologies Limited
- Ticker: ET
- Primary exchange: TSX
- Market capitalization: CAD 924.4 million (as of September 30, 2026)
- 52-week range: CAD 11.80-21.50 (as of September 30, 2026)
- Sector / Industry: Technology / Communication Equipment
