Viewing Company Martinrea | StockChase
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Martinrea Stock Symbol: MRE-T

Notes:working to build "space frames" for autos

Definition:auto parts

Last Price Recorded: $8.9700 on 2017-02-22

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Date Signal Expert Opinion Price
2017-02-16 DON'T BUY Fabrice Taylor

CLS-T vs. MRE-T.  It seems CLS-T has business picking up, but MRE-T is stuck in some kind of a glut that they can’t break out of.  He refers CLS-T.


Price:
$8.920
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2017-02-14 COMMENT David Burrows

The auto space is battling the views that last year was a peak year for auto sales. A lot of people are thinking we are going to have a slowdown at some point. His view is that the consumer is improving globally. When he looks at a sector, he tends to look at securities that are acting the best. Picking a Canadian name, he would probably pick Linamar (LNR-T) or Magna (MG-T). However, the group is slowly improving. In a healthy market, the market should broaden, more and more stocks should participate, and this company looks like it has made the turn here. You are probably okay.


Price:
$8.970
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-02-13 TOP PICK John Zechner

There are worries about the auto sector, and this has been under additional pressure, but he likes the valuation. When you get a stock trading at 5 or 6 times forward earnings, and 3X operating cash flow, you are already assuming the worst. They have a lot of downside protection. He likes the operations. They probably have the best exposure to aluminum in the automobile, which is increasing. European operations are doing well. Capacity is increasing and they are getting higher margins from that. Dividend yield of 1.38%. (Analysts’ price target is $11.68.)


Price:
$8.700
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-02-07 COMMENT Benj Gallander

He doesn’t know the financials, BV or the debt. Right now, with all the NAFTA agreements possibly being torn up, this company could be impacted. Any time companies are strongly impacted by changes, you have to think about what that is going to cost them. In this case, it may be negatively impacted. Things are way more in flux than before.


Price:
$8.350
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
No
2016-12-30 DON'T BUY Keith Richards

The chart shows a definite trend of lower highs and lower lows. This is now in a downtrend, and he would not buy it.


Price:
$8.590
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-12-29 COMMENT Jerome Hass

Doesn’t like the general dynamics of this industry, because they tend to be very concentrated and very dependent upon 1 or 2 customers. He has avoided this one like the plague.


Price:
$8.680
Subject:
CANADIAN MID-CAPS & LONG/SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
No
2016-12-23 COMMENT John Zechner

He still likes this. It has been frustrating, particularly this year. People really seem to have priced the next auto downturn into the stock. Currently trading at 6X this year’s earnings and 5X next year’s. They are one of the best positioned for the increasing use of aluminum. Very strong management. Feels this is exceptionally cheap.


Price:
$8.510
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-14 HOLD Christine Poole

An auto parts manufacturer. All these manufacturers are trading at pretty low multiples. Typically, it is a lower type multiple industry. An overhang on the group right now is that auto production has likely peaked at 18 million units. There are increasing incentives in a lot of the pickup truck space. Europe has been very slow to turn. A well run company, and you could probably hold it here longer-term. Potentially, the election could be a negative for the group.


Price:
$8.430
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-12-13 COMMENT David Burrows

This has a 1.4% dividend yield. The stock is getting a little better. The auto sector is improving. He would prefer something like General Motors (GM-N) which gives a 4% yield, with a dividend that will grow 20% a year for the next 3-4 years.


Price:
$8.560
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-12-01 COMMENT Ross Healy

Magna (MG-T), Linamar (LNR-T) or Martinrea (MRE-T)? His preference has always been for Magna or Linamar, and as of late it has been for Linamar. This is certainly cheap here, but their plant is older and doesn’t quite have the oomph behind it that the other 2 do.


Price:
$7.710
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-11-16 TOP PICK John Zechner

They continue to deliver on earnings. Trading at 5X earnings. When you see that, it tells you that nobody believes there is any growth in the industry. They are paying down debt. Has great exposure to the growth of aluminum in the car. They’ve spent money on new platforms in the last couple of years, and are starting to reap the benefits. Probably not a lot of downside. The additional worry for them is the Trump election. They have plants in Mexico and do a lot of business with Ford (F-N). (Analysts’ price target is $11.11.)


Price:
$7.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-11-04 COMMENT Michael Sprung

In the last week, most auto parts companies have reported, and this one had an OK quarter. These stocks react very quickly to a changing business mix and sales, because they are all exposed to the different manufacturers in different weights and different parts and different margins. When we are seeing auto sales at the 17-18 million units a year, are we at peak auto? He would be cautious on this.


Price:
$7.130
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2016-10-31 DON'T BUY Brian Madden

MG-T is his goto name, but he likes the auto parts cycle, although you have to be selective. 


Price:
$7.880
Subject:
CANADIAN
Bias:
BULL
Owned:
Unknown
2016-10-12 PAST TOP PICK John Zechner

(Top Pick Oct 9/15, Down 25.38%) They beat their estimates.  The growth has started to come back after a couple of years.  They bought great aluminum factories and that metal is becoming popular in autos.  The next recession in autos is already priced into this stock.


Price:
$8.350
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-09-22 DON'T BUY Stephen Takacsy, B. Eng, MBA

He follows the industry and owns LNR-T because it is better managed and initiates new programs for the auto industry.  It has higher earnings growth.  He prefers LNR-T.


Price:
$8.460
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 227 entries
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