Hudson Bay Co. (HBC.TO) Buy, Sell or Hold

Hudson Bay Co. (HBC.TO)

10.99

-0.00 (0.00%)

as of Mar 5, 2020, 9:00:00 pm Market Open.

30 watching

PARTIAL SELL

Nicknames it Hit By A Car like its chart. HBC is all about its real estate holdings; that's the reason you own this. Doesn't know if the current rally signals a buy. Can't predict this chart. Even consider selling it.

DON'T BUY

It's a saga. The latest is that an activist has come in during this sale to complicate things. We'll see where it goes. A few parties want to buy it and see more value than the current share price. But overall he's not positive about HBC.

COMMENT

The Chinese trade was has been so negative for commodities as a whole. You should never fall in love with commodity stocks, they are just too cyclical.

DON'T BUY

They've been on a rocky road. Beyond the headline noise, what do they have? They're in a secular (department store) decline as people buy online. Their assets being in real estate is an old story and not convincing now. Look elsewhere.

PAST TOP PICK

(A Top Pick Jun 28/18, Down 12%) This is a real estate play. What drags this down is the brutal retail space. They need to close some stores and it's likely in progress now. This will rise eventually rise above $10. They need to make better use of their prime real estate and to do it sooner than latter--they are generating negative cash flow.

COMMENT

Closing stores should be part of their strategy. There needs to be more definitive action by the management team. Management understands how expensive it is becoming to run a traditional retail operation. Digital and e-commerce products are making it very competitive to run a business. The real estate they possess is very valuable and it may be put to better use than retail. The deal being offered to HBC-T is very low at just $9.45 per share -- the real estate is worth $30 per share alone not including the value of their inventory. He thinks the minority shareholders will feel the offer is far to low as well.

SELL

They want to privatize the company and it is trading below the take out price, so she does not expect a competing bid. She is not sure if there is an expiry on the offer, but this is a good time to sell if you are a shareholder.

DON'T BUY

Real estate worth it? Not a company that he ever liked. Thinks the operating business is very difficult. They have to come to the understanding that they need to have much smaller stores. Sure, some of their locations are great, but there is a lot of other Hudson's Bay that aren't so great. Wouldn't touch it.

DON'T BUY

He got out a few years ago. He thought he was protected by the real estate portfolio. He left the retailers and stuck with AMZN-Q. The retail business is tough. They are looking at more asset sales such as Lord and Taylor.

DON'T BUY

He used to own this for the land it held. The land is worth a lot, but HBC has a lot of debt and other problems. He hasn't looked at HBC lately, and the retail environment has changed since he owned this. Managers are making many changes, mostly better, but time is of the essence.

PAST TOP PICK

(A Top Pick Nov 16/18, Up 3%) Totally news driven. Disappointed with it. He sold it and wouldn't buy it today. He bought it because it was cheap at the time. If you hold, continue to hold.

COMMENT

He owned it years ago. It got taken over and he did really well. They had a lot of difficulties. Retail is not going to die. He never sells to take a tax loss in December but if you want to get it off the table, then match it up against winners. Ask yourself why you bought it and ask if it still makes sense. Stay disciplined but learn from your mistakes.

COMMENT

Pretty good company fundamentally. Moving in a range, not bad. Look for a rebound back to the top of the range. Not a bad-looking chart in the context of what else is out there.

STRONG BUY

A massively discounted stock price, he thinks. There have been a lot of concerns about the company, but most of them are being adequately addressed. The European business they own is worth the entire current share price alone. They also own the Sak’s property in New York and other great real estate holdings.

PAST TOP PICK

(A Top Pick Nov 06/17, Down 31%) A disappointment. They continue to bottom. He exited. They've been bleeding money and are negative EBITDA. The new CEO is doing a alittle better by selling off some of their lines to return to the core business. Retail is slightly better and they carry some real estate value. But their balance sheet is stretched. They should've sold their Vancouver property sooner.

Showing 1 to 15 of 365 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Hudson Bay Co. (HBC.TO) Frequently Asked Questions

What is Hudson Bay Co. stock symbol?

Hudson Bay Co. is a Canadian stock, trading under the symbol HBC.TO (previously HBC-T on Stockchase) on the Toronto Stock Exchange (HBC-CT). It is usually referred to as TSX:HBC or HBC.TO

Is Hudson Bay Co. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HBC.TO (previously HBC-T on Stockchase) on Stockchase. Read the latest expert commentary for Hudson Bay Co..

Is Hudson Bay Co. a good investment or a top pick?

Hudson Bay Co. was recommended as a Top Pick by John Zechner on 2018-11-26. Read the latest stock experts ratings for Hudson Bay Co..

Why is Hudson Bay Co. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Hudson Bay Co..

Is Hudson Bay Co. worth watching?

Hudson Bay Co. is followed by 30 investors on Stockchase and is a trending stock that is worth watching.

What is Hudson Bay Co. stock price?

On 2020-03-05, Hudson Bay Co. (HBC.TO) stock closed at a price of $10.99.

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

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

Hudson Bay Co. (HBC.TO)