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Investor Insights

This summary was created by AI, based on 20 opinions in the last 12 months.

Superior Plus Corp (SPB-T) is currently facing significant challenges, with many analysts noting its high debt levels and disappointing growth outlook. The company's recent dividend cut and increased competition in the heating sector are causes for concern, despite its potential for recovery. Analysts are cautious but see some value at lower price points, with some suggesting a wait-and-see approach. Brookfield's considerable ownership is viewed both as a support mechanism and a potential factor for a future privatization deal. Overall, while there is some optimism around future earnings growth, many experts are advocating for caution before investing in this higher-risk stock.

Consensus
Caution
Valuation
Fair Value
WATCH
Superior Plus Corp

Watch this because shares have fallen far and Brookfield is involved with them in a serious way. Watch their next two quarterly reports.

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WATCH
Superior Plus Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The shareholder base has probably rotated by now away from yield investors. The problem is that it has high debt and a high valuation, yet growth is not that great. Weather is also a factor and competition has increased somewhat. Yes, EPS is expected to show good growth in 2025, but even with a good bounce EPS will be lower than it was in 2013. We think management did the right thing with the dividend, but we still think buyers can wait here. 
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TOP PICK
Superior Plus Corp

He's looking for a good entry point. Cut dividend, which was long overdue. Now looking at more share buybacks, a good thing. Valuation is really attractive. Strong fundamentals going forward. Not a dividend play, but a good opportunity for growth. Yield is 3%.

(Analysts’ price target is $9.00)
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COMMENT
Superior Plus Corp

It is hard to like a stock that has cut it dividend by 75%. Weather (milder winters) is an issue for companies involved in the heating business. Its revenue base is not growing as fast as before. The stock has done nothing for a long time. It's interesting that15% is owned by Brookfield.  Propane is a very necessary product.

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HOLD
Superior Plus Corp

Disappointing. Brookfield owns a lot of this, and he thinks they see a recovery coming. Shares are down because they are paying off a recent acquisition. Stay the course but watch the next few quarters.

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DON'T BUY
Superior Plus Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

SPB has been very disappointing. It has a shareholder yield of 16% (11% dividend yield, 4.4% debt paydown, and a 0.5% buyback yield). Analyst estimates have largely been trending lower, but forward earnings growth is expected to be strong, but some of this is reflected in its forward earnings multiple of 17X. It is a cyclical business, and we will be watching the earnings release next week very closely to further assess at that time our full review of the company going forward. 
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DON'T BUY
Superior Plus Corp

Never impressed with it. Needs to evaluate it more on the current pullback. Not an investment, but a trade at best.

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WEAK BUY
Superior Plus Corp
Dividend sustainable?

Valuation probably attractive enough to add now as a value play. Seasonally, expects demand to improve. That being said, have to be careful of the high yield, as it can disappear. Can't say dividend is rock-solid. Yield is 9.5%, some risk.

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HOLD
Superior Plus Corp

Considered a utility. Q2 missed. Her analysts have it as a Hold, concerns over company's outlook. On the sidelines till more visibility on earnings growth and a change in momentum. 7/10 on value. She prefers FTS, for example. 

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PARTIAL BUY
Superior Plus Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We think it is OK at current prices for higher-risk income. At $7.00 we would be much more interested, assuming no fundamental changes. 
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SELL
Superior Plus Corp

He held this for a long time until it fell out of favour and he shifted to Chemtrade.

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DON'T BUY
Superior Plus Corp
Recently downgraded by National Bank -- higher competitive pressures, uncertain growth trajectory, departure of president.

Stock's struggling. Not one he follows, so doesn't have any insight as to why. Consistently downward trend of lower highs and lower lows, and that trend's still pretty intact. The trend is your friend (or enemy) until it ends. Broke down again yesterday. 

For recovery, you want to see it break that trend and go through $8.60. 

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DON'T BUY
Superior Plus Corp

Analysts suddenly wrote them down, based on their earnings, though it's probably temporary. Not proud to hold this. 

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WEAK BUY
Superior Plus Corp

Propane distribution is a mature business and is like a utility. You can buy for the dividend of 8.7% but not for earnings growth.

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RISKY
Superior Plus Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We think the current valuation looks reasonable to us. SPB’s EV/EBITDA is around 8.0x, at the lower end of historical averages. SPB’s debt level is 3.9x, quite high but on par with industry averages and gradually declining. We don’t think the dividend would be at risk for now (although things could change in the future). According to the Annual Information Circular, Brookfield owns 260,000 Preferred shares, each preferred is exchangeable to 115.4 common shares, Brookfield also owns 6,696,500 common shares. Assuming the exchange, Brookfield would own 13.2% of SPB, there is a possibility for a privatization deal, but the probability is uncertain. The business is tough to consistently create shareholder value given the cyclicality, capital intensity and high leverage level. That being said, despite tough execution, the business would have tremendous runway in terms of staying power. Brookfield likes 'recurring' revenue and that is certainly an attractive here. We think $8.50 would be an attractive entry point, but with its small size and leverage investors should consider it a higher-risk stock overall. 
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Showing 1 to 15 of 278 entries

Superior Plus Corp(SPB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 15

Stockchase rating for Superior Plus Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Superior Plus Corp(SPB-T) Frequently Asked Questions

What is Superior Plus Corp stock symbol?

Superior Plus Corp is a Canadian stock, trading under the symbol SPB-T on the Toronto Stock Exchange (SPB-CT). It is usually referred to as TSX:SPB or SPB-T

Is Superior Plus Corp a buy or a sell?

In the last year, 15 stock analysts published opinions about SPB-T. 7 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Superior Plus Corp.

Is Superior Plus Corp a good investment or a top pick?

Superior Plus Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Superior Plus Corp.

Why is Superior Plus Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Superior Plus Corp worth watching?

15 stock analysts on Stockchase covered Superior Plus Corp In the last year. It is a trending stock that is worth watching.

What is Superior Plus Corp stock price?

On 2025-02-07, Superior Plus Corp (SPB-T) stock closed at a price of $5.98.