BMO Capital analyst Thanos Moschopoulos maintained a Buy rating on Evertz Technologies (ET – Research Report) yesterday and set a price target of C$13.50.
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Thanos Moschopoulos has given his Buy rating due to a combination of factors including Evertz Technologies’ strong financial performance and strategic positioning. The company reported impressive Q4/25 results, with EBITDA significantly surpassing consensus estimates, driven by a record-high gross margin and an increasing proportion of software and services revenue. This shift in revenue mix is enhancing profitability and is seen as a positive indicator for future growth.
Additionally, Evertz’s valuation is considered attractive, bolstered by its robust dividend yield and cash generation capabilities. The company is largely exempt from tariffs under the USMCA, which mitigates potential trade-related risks. Furthermore, Evertz’s solid cash position, which has historically led to special dividends, provides flexibility for capital allocation strategies, such as buybacks or mergers and acquisitions, thereby supporting the Buy recommendation.
Moschopoulos covers the Technology sector, focusing on stocks such as Celestica, Lightspeed POS Inc, and Kinaxis Inc. According to TipRanks, Moschopoulos has an average return of 20.0% and a 63.84% success rate on recommended stocks.