C
ADF Group Inc.
DRX.TO
TSX
C
Hold
10/4/2024Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C+ from B- on 10/4/2024 due to a noticeable decline in the growth index, total return index and volatility index. Total revenue declined 30.91% from $79.15M to $54.69M.
ADF Group Inc. (DRX.TO) was downgraded to C+ from B- on 10/4/2024 due to a noticeable decline in the growth index, total return index and volatility index. Total revenue declined 30.91% from $79.15M to $54.69M.
B
Buy
9/12/2024Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B- from B on 9/12/2024 due to a significant decline in the total return index, volatility index and efficiency index.
ADF Group Inc. (DRX.TO) was downgraded to B- from B on 9/12/2024 due to a significant decline in the total return index, volatility index and efficiency index.
B
Buy
7/18/2024Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 7/18/2024 due to a decline in the volatility index and total return index.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 7/18/2024 due to a decline in the volatility index and total return index.
B
Buy
6/12/2024Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 6/12/2024 due to an increase in the growth index, solvency index and total return index. EBIT increased 53.22% from $10.39M to $15.93M, earnings per share increased from $0.2385 to $0.3447, and total revenue increased 20.89% from $65.47M to $79.15M.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 6/12/2024 due to an increase in the growth index, solvency index and total return index. EBIT increased 53.22% from $10.39M to $15.93M, earnings per share increased from $0.2385 to $0.3447, and total revenue increased 20.89% from $65.47M to $79.15M.
B
Buy
5/9/2024Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 5/9/2024 due to a decline in the valuation index, dividend index and growth index. EBIT declined 13.45% from $12.01M to $10.39M, and earnings per share declined from $0.2526 to $0.2385.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 5/9/2024 due to a decline in the valuation index, dividend index and growth index. EBIT declined 13.45% from $12.01M to $10.39M, and earnings per share declined from $0.2526 to $0.2385.
B
Buy
4/4/2024Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 4/4/2024 due to an increase in the total return index.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 4/4/2024 due to an increase in the total return index.
B
Buy
12/28/2023Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 12/28/2023 due to a decline in the volatility index and valuation index.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 12/28/2023 due to a decline in the volatility index and valuation index.
B
Buy
12/13/2023Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 12/13/2023 due to a large increase in the solvency index, growth index and volatility index. EBIT increased 42.92% from $8.4M to $12.01M, the quick ratio increased from 1.67 to 1.77, and debt to equity declined from 0.33 to 0.31.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 12/13/2023 due to a large increase in the solvency index, growth index and volatility index. EBIT increased 42.92% from $8.4M to $12.01M, the quick ratio increased from 1.67 to 1.77, and debt to equity declined from 0.33 to 0.31.
B
Buy
6/6/2023Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B from B- on 6/6/2023 due to an increase in the volatility index, efficiency index and total return index. Total capital increased 5.25% from $125.74M to $132.34M.
ADF Group Inc. (DRX.TO) was upgraded to B from B- on 6/6/2023 due to an increase in the volatility index, efficiency index and total return index. Total capital increased 5.25% from $125.74M to $132.34M.
B
Buy
2/27/2023Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B- from C on 2/27/2023 due to an increase in the valuation index, volatility index and dividend index.
ADF Group Inc. (DRX.TO) was upgraded to B- from C on 2/27/2023 due to an increase in the valuation index, volatility index and dividend index.
C
Hold
1/19/2023Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from B- on 1/19/2023 due to a decline in the total return index, valuation index and dividend index.
ADF Group Inc. (DRX.TO) was downgraded to C from B- on 1/19/2023 due to a decline in the total return index, valuation index and dividend index.
B
Buy
12/29/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B- from B on 12/29/2022 due to a large decline in the total return index, valuation index and volatility index.
ADF Group Inc. (DRX.TO) was downgraded to B- from B on 12/29/2022 due to a large decline in the total return index, valuation index and volatility index.
B
Buy
12/14/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B from C on 12/14/2022 due to a significant increase in the total return index, efficiency index and dividend index.
ADF Group Inc. (DRX.TO) was upgraded to B from C on 12/14/2022 due to a significant increase in the total return index, efficiency index and dividend index.
C
Hold
11/22/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 11/22/2022.
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 11/22/2022.
C
Hold
11/7/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 11/7/2022 due to an increase in the total return index, valuation index and volatility index.
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 11/7/2022 due to an increase in the total return index, valuation index and volatility index.
C
Hold
10/13/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 10/13/2022 due to a decline in the valuation index.
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 10/13/2022 due to a decline in the valuation index.
C
Hold
9/9/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 9/9/2022 due to an increase in the growth index, total return index and valuation index. Operating cash flow increased 56.38% from -$3.74M to -$1.63M, EBIT increased 30.69% from $3.49M to $4.56M, and earnings per share increased from $0.103 to $0.1292.
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 9/9/2022 due to an increase in the growth index, total return index and valuation index. Operating cash flow increased 56.38% from -$3.74M to -$1.63M, EBIT increased 30.69% from $3.49M to $4.56M, and earnings per share increased from $0.103 to $0.1292.
C
Hold
8/2/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 8/2/2022 due to a decline in the total return index and volatility index.
ADF Group Inc. (DRX.TO) was downgraded to C from C+ on 8/2/2022 due to a decline in the total return index and volatility index.
C
Hold
7/18/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 7/18/2022 due to an increase in the valuation index and dividend index.
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 7/18/2022 due to an increase in the valuation index and dividend index.
C
Hold
7/1/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from B- on 07/01/2022.
ADF Group Inc. (DRX.TO) was downgraded to C from B- on 07/01/2022.
B
Buy
6/9/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B- from C+ on 6/9/2022 due to a noticeable increase in the growth index, dividend index and solvency index. Earnings per share increased from $0.0213 to $0.103, operating cash flow increased 64.57% from -$10.56M to -$3.74M, and EBIT increased 55.39% from $2.25M to $3.49M.
ADF Group Inc. (DRX.TO) was upgraded to B- from C+ on 6/9/2022 due to a noticeable increase in the growth index, dividend index and solvency index. Earnings per share increased from $0.0213 to $0.103, operating cash flow increased 64.57% from -$10.56M to -$3.74M, and EBIT increased 55.39% from $2.25M to $3.49M.
C
Hold
5/6/2022Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C+ from B- on 5/6/2022 due to a large decline in the growth index, solvency index and total return index. Operating cash flow declined 334.48% from $4.5M to -$10.56M, earnings per share declined from $0.068 to $0.0213, and debt to equity increased from 0.18 to 0.3.
ADF Group Inc. (DRX.TO) was downgraded to C+ from B- on 5/6/2022 due to a large decline in the growth index, solvency index and total return index. Operating cash flow declined 334.48% from $4.5M to -$10.56M, earnings per share declined from $0.068 to $0.0213, and debt to equity increased from 0.18 to 0.3.
B
Buy
4/18/2022Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B- from C+ on 4/18/2022 due to a significant increase in the growth index, total return index and efficiency index. Operating cash flow increased 398.48% from -$1.51M to $4.5M, EBIT increased 82.79% from $1.49M to $2.73M, and earnings per share increased from $0.0373 to $0.068.
ADF Group Inc. (DRX.TO) was upgraded to B- from C+ on 4/18/2022 due to a significant increase in the growth index, total return index and efficiency index. Operating cash flow increased 398.48% from -$1.51M to $4.5M, EBIT increased 82.79% from $1.49M to $2.73M, and earnings per share increased from $0.0373 to $0.068.
C
Hold
5/6/2021Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 5/6/2021 due to a large increase in the total return index, valuation index and efficiency index. Total capital increased 0.74% from $97.19M to $97.91M.
ADF Group Inc. (DRX.TO) was upgraded to C+ from C on 5/6/2021 due to a large increase in the total return index, valuation index and efficiency index. Total capital increased 0.74% from $97.19M to $97.91M.
C
Hold
12/10/2020Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C from D on 12/10/2020 due to a significant increase in the growth index, volatility index and total return index. Earnings per share increased from $0.0439 to $0.0598, EBIT increased 16.68% from $2.45M to $2.86M, and total revenue increased 14.68% from $31.1M to $35.67M.
ADF Group Inc. (DRX.TO) was upgraded to C from D on 12/10/2020 due to a significant increase in the growth index, volatility index and total return index. Earnings per share increased from $0.0439 to $0.0598, EBIT increased 16.68% from $2.45M to $2.86M, and total revenue increased 14.68% from $31.1M to $35.67M.
D
Sell
9/13/2019Downgrade
ADF Group Inc. (DRX.TO) was downgraded to D from D+ on 9/13/2019 due to a large decline in the growth index, dividend index and total return index. Earnings per share declined from $0.0372 to $0.0075, and EBIT declined 0.91% from $1.39M to $1.38M.
ADF Group Inc. (DRX.TO) was downgraded to D from D+ on 9/13/2019 due to a large decline in the growth index, dividend index and total return index. Earnings per share declined from $0.0372 to $0.0075, and EBIT declined 0.91% from $1.39M to $1.38M.
D
Sell
6/18/2019Upgraded
ADF Group Inc. (DRX.TO) was upgraded to D+ from D on 6/18/2019 due to a significant increase in the valuation index, growth index and efficiency index. EBIT increased 355.16% from -$545.5 to $1.39M, net income increased 294.32% from -$625.1 to $1.21M, and earnings per share increased from -$0.0192 to $0.0372.
ADF Group Inc. (DRX.TO) was upgraded to D+ from D on 6/18/2019 due to a significant increase in the valuation index, growth index and efficiency index. EBIT increased 355.16% from -$545.5 to $1.39M, net income increased 294.32% from -$625.1 to $1.21M, and earnings per share increased from -$0.0192 to $0.0372.
D
Sell
5/8/2018Downgrade
ADF Group Inc. (DRX.TO) was downgraded to D from D+ on 5/8/2018 due to a large decline in the efficiency index, valuation index and total return index. Net income declined 1,145.19% from -$558.3 to -$6.95M, and total capital declined 0.98% from $111.8M to $110.7M.
ADF Group Inc. (DRX.TO) was downgraded to D from D+ on 5/8/2018 due to a large decline in the efficiency index, valuation index and total return index. Net income declined 1,145.19% from -$558.3 to -$6.95M, and total capital declined 0.98% from $111.8M to $110.7M.
D
Sell
1/16/2018Downgrade
ADF Group Inc. (DRX.TO) was downgraded to D+ from C- on 1/16/2018 due to a decline in the total return index, volatility index and valuation index.
ADF Group Inc. (DRX.TO) was downgraded to D+ from C- on 1/16/2018 due to a decline in the total return index, volatility index and valuation index.
C
Hold
11/14/2017Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 11/14/2017 due to a decline in the volatility index and total return index.
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 11/14/2017 due to a decline in the volatility index and total return index.
C
Hold
10/30/2017Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 10/30/2017 due to an increase in the total return index and volatility index.
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 10/30/2017 due to an increase in the total return index and volatility index.
C
Hold
9/15/2017Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C- from D+ on 9/15/2017 due to a major increase in the valuation index, efficiency index and solvency index. Net income increased 448.53% from $266 to $1.46M, total capital increased 11.35% from $104.58M to $116.45M, and the quick ratio increased from 1.36 to 1.48.
ADF Group Inc. (DRX.TO) was upgraded to C- from D+ on 9/15/2017 due to a major increase in the valuation index, efficiency index and solvency index. Net income increased 448.53% from $266 to $1.46M, total capital increased 11.35% from $104.58M to $116.45M, and the quick ratio increased from 1.36 to 1.48.
D
Sell
8/7/2017Downgrade
ADF Group Inc. (DRX.TO) was downgraded to D+ from C- on 8/7/2017 due to a noticeable decline in the valuation index, efficiency index and volatility index. Total capital declined 0.95% from $105.58M to $104.58M.
ADF Group Inc. (DRX.TO) was downgraded to D+ from C- on 8/7/2017 due to a noticeable decline in the valuation index, efficiency index and volatility index. Total capital declined 0.95% from $105.58M to $104.58M.
C
Hold
5/3/2017Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 5/3/2017 due to a significant decline in the total return index, growth index and efficiency index. Earnings per share declined from $0.0058 to $0.0008, net income declined 85.51% from $189.1 to $27.4, and operating cash flow declined 68.54% from -$472.3 to -$796.
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 5/3/2017 due to a significant decline in the total return index, growth index and efficiency index. Earnings per share declined from $0.0058 to $0.0008, net income declined 85.51% from $189.1 to $27.4, and operating cash flow declined 68.54% from -$472.3 to -$796.
C
Hold
6/24/2016Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C from D- on 6/24/2016 due to a significant increase in the efficiency index, solvency index and growth index.
ADF Group Inc. (DRX.TO) was upgraded to C from D- on 6/24/2016 due to a significant increase in the efficiency index, solvency index and growth index.
D
Sell
6/15/2016Downgrade
ADF Group Inc. (DRX.TO) was downgraded to D- from C on 6/15/2016 due to a significant decline in the solvency index, volatility index and efficiency index.
ADF Group Inc. (DRX.TO) was downgraded to D- from C on 6/15/2016 due to a significant decline in the solvency index, volatility index and efficiency index.
C
Hold
11/2/2015Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 11/2/2015 due to an increase in the volatility index and total return index.
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 11/2/2015 due to an increase in the volatility index and total return index.
C
Hold
9/11/2015Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 9/11/2015 due to a decline in the dividend index, solvency index and volatility index. Debt to equity increased from 0.09 to 0.1.
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 9/11/2015 due to a decline in the dividend index, solvency index and volatility index. Debt to equity increased from 0.09 to 0.1.
C
Hold
6/26/2015Upgraded
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 6/26/2015 due to an increase in the solvency index and dividend index.
ADF Group Inc. (DRX.TO) was upgraded to C from C- on 6/26/2015 due to an increase in the solvency index and dividend index.
C
Hold
6/11/2015Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 6/11/2015 due to a decline in the efficiency index, valuation index and solvency index. Net income declined 109.61% from -$475.6 to $45.7, debt to equity increased from 0.05 to 0.09, and the quick ratio declined from 1.55 to 1.54.
ADF Group Inc. (DRX.TO) was downgraded to C- from C on 6/11/2015 due to a decline in the efficiency index, valuation index and solvency index. Net income declined 109.61% from -$475.6 to $45.7, debt to equity increased from 0.05 to 0.09, and the quick ratio declined from 1.55 to 1.54.
C
Hold
12/5/2014Downgrade
ADF Group Inc. (DRX.TO) was downgraded to C from B+ on 12/5/2014 due to a significant decline in the valuation index, growth index and efficiency index. Operating cash flow declined 144.77% from -$8.91M to $3.99M, total revenue declined 40.27% from $18.89M to $11.28M, and total capital declined 3.82% from $101.06M to $97.21M.
ADF Group Inc. (DRX.TO) was downgraded to C from B+ on 12/5/2014 due to a significant decline in the valuation index, growth index and efficiency index. Operating cash flow declined 144.77% from -$8.91M to $3.99M, total revenue declined 40.27% from $18.89M to $11.28M, and total capital declined 3.82% from $101.06M to $97.21M.
B
Buy
12/1/2014Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 12/1/2014 due to an increase in the volatility index and valuation index.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 12/1/2014 due to an increase in the volatility index and valuation index.
B
Buy
11/14/2014Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 11/14/2014 due to a decline in the volatility index and valuation index.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 11/14/2014 due to a decline in the volatility index and valuation index.
B
Buy
10/27/2014Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 10/27/2014 due to an increase in the growth index, valuation index and solvency index. Operating cash flow increased 558.79% from -$1.35M to -$8.91M, the quick ratio increased from 2.55 to 2.88, and debt to equity declined from 0.1 to 0.09.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 10/27/2014 due to an increase in the growth index, valuation index and solvency index. Operating cash flow increased 558.79% from -$1.35M to -$8.91M, the quick ratio increased from 2.55 to 2.88, and debt to equity declined from 0.1 to 0.09.
B
Buy
6/13/2014Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 6/13/2014 due to a substantial decline in the growth index, solvency index and dividend index. Operating cash flow declined 124.09% from $5.62M to -$1.35M, EBIT declined 90.27% from $3.32M to $323.1, and earnings per share declined from $0.0654 to $0.0091.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 6/13/2014 due to a substantial decline in the growth index, solvency index and dividend index. Operating cash flow declined 124.09% from $5.62M to -$1.35M, EBIT declined 90.27% from $3.32M to $323.1, and earnings per share declined from $0.0654 to $0.0091.
B
Buy
4/22/2014Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 4/22/2014 due to an increase in the valuation index, volatility index and dividend index.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 4/22/2014 due to an increase in the valuation index, volatility index and dividend index.
B
Buy
3/25/2014Downgrade
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 3/25/2014 due to a decline in the total return index.
ADF Group Inc. (DRX.TO) was downgraded to B from B+ on 3/25/2014 due to a decline in the total return index.
B
Buy
3/3/2014Upgraded
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 3/3/2014 due to an increase in stability, valuation and growth.
ADF Group Inc. (DRX.TO) was upgraded to B+ from B on 3/3/2014 due to an increase in stability, valuation and growth.
