Cervus Euipment Corp. (CERV.TO) Buy, Sell or…

Cervus Euipment Corp. (CERV.TO)

19.49

-0.01 (0.05%)

as of Oct 26, 2021, 8:00:00 pm Market Open.

17 watching

BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Shares are cheap on all counts. Potential for LT dividend growth. Rightsized ops, beating expectations. Market needs time to warm up to CER.

Wealthica Track your Stocks in your Watch List

PAST TOP PICK

(A Top Pick June 23/08. Down 44.2%.) Deere dealerships. Expected agriculture to not get hit with the down draft. Still bullish on agriculture. Makes more than $2 a share but earnings are expected to go down this year. Extremely cheap. Yield of 8.9%. Bullish on Western Canada. Good management.

COMMENT

Own a number of Deere dealerships in Western Canada. He is very bullish on this. Recent results showed they were up year-over-year. Believe earnings were about $2.46 so at this price, stock is very cheap. 13% yield should be safe.

TOP PICK

Operate John Deere dealerships in Western Canada. Agriculture and Western Canada are booming and they intend to buy more dealerships. 1st quarter showed very strong margin expansion. Some expectations are for 30% growth this year. He is expecting $2.50-$3.00 of earnings this year. 4.9% yield.

TOP PICK

Owns John Deere dealerships in Western Canada. He is bullish on Western Canada and agriculture. Q1 margins went from 15% to 19%. If you apply this to $350 million revenue it would be a $14 million increase in earnings. Potential of $3 earnings this year versus $1.50 last year.

TOP PICK

A consolidator of agricultural dealerships. John Deere is their focus but also have 5 Bobcat dealerships. Farmers are buying new equipment because all their input costs are becoming more expensive.

TOP PICK

A consolidator of John Deere dealerships, J. P. Construction Equipment and Bobcat in Western Canada. Acquiring at 3X to 4X pre-tax earnings. Many owners are getting older with no exit strategy. Larger operating organization gives better synergies, buying power and natural operating leverage. At 9.2X earnings, with growth rates accelerating north of 20% and a 6% distribution, it presents a great opportunity.

TOP PICK

Agricultural equipment, mainly John Deere. They buy heavy equipment dealerships at about 2 or 3 X earnings. Have also started buying Bobcat dealerships in Alberta.

Wealthica Track your Stocks in your Watch List

Showing 1 to 8 of 8 entries

Cervus Euipment Corp. (CERV.TO) Frequently Asked Questions

What is Cervus Euipment Corp. stock symbol?

Cervus Euipment Corp. is a Canadian stock, trading under the symbol CERV.TO (previously CERV-T on Stockchase) on the Toronto Stock Exchange (CERV-CT). It is usually referred to as TSX:CERV or CERV.TO

Is Cervus Euipment Corp. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on CERV.TO (previously CERV-T on Stockchase) on Stockchase. Read the latest expert commentary for Cervus Euipment Corp..

Is Cervus Euipment Corp. a good investment or a top pick?

Cervus Euipment Corp. was recommended as a Top Pick by Jason Zandberg on 2006-09-07. Read the latest stock experts ratings for Cervus Euipment Corp..

Why is Cervus Euipment Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Cervus Euipment Corp..

Is Cervus Euipment Corp. worth watching?

Cervus Euipment Corp. is followed by 17 investors on Stockchase and is a trending stock that is worth watching.

What is Cervus Euipment Corp. stock price?

On 2021-10-26, Cervus Euipment Corp. (CERV.TO) stock closed at a price of $19.49.

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Cervus Euipment Corp. (CERV.TO)