FY2025 Earnings Forecast for Quarterhill Issued By Cormark

Quarterhill Inc. (OTCMKTS:QTRHF) – Equities researchers at Cormark dropped their FY2025 earnings estimates for shares of Quarterhill in a note issued to investors on Tuesday, March 18th. Cormark analyst G. Fairweather now expects that the company will post earnings per share of ($0.04) for the year, down from their previous forecast of $0.01. Cormark has a “Moderate Buy” rating on the stock.

Quarterhill Price Performance

OTCMKTS QTRHF opened at $1.07 on Thursday. The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.16. Quarterhill has a 12-month low of $1.03 and a 12-month high of $1.46. The company has a market capitalization of $123.89 million, a PE ratio of -3.06 and a beta of 0.90. The firm’s 50 day moving average is $1.12 and its 200-day moving average is $1.16.

About Quarterhill

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.