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Exco Technologies ( (TSE:XTC) ) has provided an announcement.
Exco Technologies reported a solid start to fiscal 2026, with first-quarter sales rising 4% year over year to $149.5 million and net income improving to $4.8 million, or $0.13 per share, supported by EBITDA of $17.4 million. Growth was driven primarily by the Automotive Solutions segment, where sales increased 10% to $79.3 million on new program launches, a favourable vehicle mix and prior-year inventory de-stocking, leading to a 37% jump in pretax profit to $6.5 million despite ongoing labour cost pressures in Mexico. The Casting and Extrusion segment saw sales dip 2% to $70.2 million and pretax profit edge down 6% to $3.5 million as OEMs delayed die-cast tooling programs amid softer EV demand and regulatory and tariff uncertainty, partly offset by resilient extrusion tooling demand and strong interest in Exco’s additive tooling. Management highlighted robust quoting activity, particularly for large moulds and 3D-printed tools, and continued pricing and efficiency initiatives, while reaffirming confidence in further earnings growth as new automotive programs ramp up. The board also declared a quarterly dividend of $0.105 per share, underscoring an ongoing commitment to shareholder returns amid a complex macroeconomic backdrop.
The most recent analyst rating on (TSE:XTC) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Exco Technologies stock, see the TSE:XTC Stock Forecast page.
Spark’s Take on TSE:XTC Stock
According to Spark, TipRanks’ AI Analyst, TSE:XTC is a Outperform.
The score is driven primarily by a stable financial base (low leverage and strong equity ratio) but tempered by weaker profitability and declining free cash flow growth. Technicals add support with price above key moving averages and positive momentum indicators. Valuation further boosts the score due to a low P/E and a high dividend yield.
To see Spark’s full report on TSE:XTC stock, click here.
More about Exco Technologies
Exco Technologies Limited is a Toronto-based manufacturer serving the global automotive and industrial sectors through two main segments: Automotive Solutions, which supplies interior and accessory components to vehicle makers and Tier 1 suppliers, and Casting and Extrusion, which provides extrusion and die-cast tooling for end markets such as building and construction, transportation, sustainable energy and electrical components. The company’s portfolio includes advanced large moulds and additive (3D-printed) tooling, positioning it to benefit from complex, higher-efficiency manufacturing trends, including giga-press applications.
Average Trading Volume: 20,220
Technical Sentiment Signal: Buy
Current Market Cap: C$260.2M
Find detailed analytics on XTC stock on TipRanks’ Stock Analysis page.