Viewing Company Martinrea | StockChase
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Compiling comments that experts make about stocks while on public TV.

Martinrea Stock Symbol: MRE-T

Notes:working to build "space frames" for autos

Definition:auto parts

Last Price Recorded: $11.0500 on 2017-05-29

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Date Signal Expert Opinion Price
2017-05-24 DON'T BUY Zachary Curry

Linamar (LNR-T), Magna (MG-T) or Martinrea (MRE-T)? He doesn’t find the overall environment for auto parts manufacturers very constructive. US auto sales are at their highest levels, running north of 17 million units. This is the 2nd or 3rd year that has been going on. There is the NAFTA free trade agreement in question. Also, auto loans are coming into real focus, which in his view, are not very positive. There is some debate as to how these companies can move from an internal combustion engine to an electric car. This is too dangerous a time to be going in right now.


Price:
$11.420
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-04-04 HOLD Gerard Ferguson

Canadian auto parts supplier. This has had its struggles over the last decade or so and they’ve gone through a difficult restructuring period. They are impacted by the global level of vehicle demand, particularly in North America. The OEM inventory levels being carried now is higher, which means it will push back on the suppliers, which is an issue. The valuation is reasonable.


Price:
$9.690
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-03-30 TOP PICK Jason Mann

This one is cheap and has a little more operational leverage than the other two in the group.  It has a reasonable return on equity.  It is cheap on a price to earnings ratio.  It is a reasonably cheap company with some operating leverage.  (Analysts’ target: $13.00).


Price:
$10.140
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2017-03-21 COMMENT David Burrows

In general, the US consumer is in pretty good shape. There has been a lot of concern in the last year that we are looking at possible peak auto for the cycle. It doesn’t look like that is the case, but auto parts companies and auto makers had a difficult time. The group that people were focused on within that sector were the auto parts retailers. In the last 2-3 months, the auto parts companies and some of the OEMs have started to come on. However, we do face a risk of some kind of border adjustment tax, and that could be risky for Canadian producers. He would prefer something like Delphi Automotive (DLPH-N).


Price:
$9.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-03-13 COMMENT Matt Kacur

He likes the auto parts manufacturers. This is probably the one with the most upside. It is kind of small and hasn’t done great except for a pop in the last month. They had some issues about management ability, etc., but overall it consistently earned an 8% ROC. If they just keep doing that, he shows significant upside, into the mid-teens.


Price:
$10.020
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
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
Showing 1 to 15 of 232 entries
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