Buy, Sell or Hold: Superior Plus Corp (SPB-T) — Stock Predictions at Stockchase

TSE:SPB

10.41

0.14 (1.36%) 1d

Showing 1 to 15 of 251 entries

SELL ON STRENGTH

High dividend but has challenges with the price of propane (high volatility). CEO retiring is worrisome. Earnings revisions and stock price has fallen. Lots of uncertainty with business. Thinks better companies out there.

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COMMENT

He owns their bonds They've done some good acquisitions, but doesn't see any dividend increases. Rather, he wants them to pay down more debt and cleaning up their balance sheet. Buy their bonds, but not their stock.

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DON'T BUY

Very stable. Need propane in Canada in winter. He doesn't usually buy just income stocks. Always get some growth, as you never know when inflation will come back. See his Top Picks.

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BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The revenues were ahead of estimates by 14%. EPS was 40 cents, beating the estimated 33 cents. Q4 showed some income declines however. The acquisition plan backed by Brookfield has not changed. The dip is a buying opportunity. Unlock Premium - Try 5i Free

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TOP PICK

Consistent cashflow business. Consolidator of the Canadian distribution space. Throws off tons of money. Every year the company grows. Trades at a great price. Yield is 5.58%. (Analysts’ price target is $15.67)

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DON'T BUY

Never buy a stock on takeover speculation. Other places to be than here. Bad house in a nice neighbourhood.

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PARTIAL BUY

It's had lots of ups and downs. They have a good business model, almost monopolizing propane in Canada. However, SPB doesn't have any control over the price of propane, which creates stock volatility, but overall it's a good company. It was his top pick 5 years ago.

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WEAK BUY

Analysts are not modelling a lot of growth. Trading at 15x 2022. The problem is the bloated balance sheet. A growth by acquisition story but they are not able to buy growth at this point. Likes the dividend and the pay out ratio. You could buy here and be okay.

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WEAK BUY

Cross-currents this winter with increases in prices. Likes the company broadly. He'd prefer a pipeline, especially in a RRIF, with more potential for capital appreciation and dividend growth.

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PAST TOP PICK

(A Top Pick Dec 13/19, Up 10%) It hasn't stumbled during this pandemic. Incredibly consistent business, distributing propane across North America, such as Quebec. The stock had plunged from $12 to $6 during the pandemic, but they will get through this pandemic without lasting issues. (SPB was fine, but the market was irrational. SPB is solid. It's had a good year, despite Covid.

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HOLD

The company has good businesses. Their problem was the balance sheet. They will be 3 times debt-to-EBITDA. They have more funds for M&A, which could help them make some interesting acquisitions. He likes the distribution and the management team. They just partnered with Brookfield, which gives a strong vote of confidence. Its valuation is reasonable. Not the first place he would put capital, but you would do well if you already own it.

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PAST TOP PICK

(A Top Pick Apr 25/19, Down 20%) He still owns this and added during March. He likes their US propane distribution system and acquisitions into the US northeast. They worked hard to sell their chemical business, but were not able to get the price they wanted. People need propane, so he sees this as an essential business. This is a good time to buy.

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PAST TOP PICK

(A Top Pick Apr 11/19, Down 11%) He still likes this. He bought when it yielded over 7%. The unique thing that happened was the announcement of the sale of their chemical business. They sold out of their position around $13.50 and took profit. When it was later announced the sale was not going ahead, the share prices dropped. Now with the recent sell off in the general market he has been back in buying. With a 6-7% dividend yield it is attractive.

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TOP PICK

An income name that pays 6.1% that's sustainable and growing. He likes the fundamentals. (Analysts’ price target is $14.60)

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BUY

Backed out of a deal? They announced 3 months ago they wanted to sell their European chemical business. When no material offers came then they backed out. They have a lot of debt they were planning to pay down following the failed divestiture. They have re-instated the DRIP program, which is dilutive to holders he adds. He still owns it and still likes their yield. A stable propane business with good margins. A good buy here. Yield 6.2%

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Showing 1 to 15 of 251 entries

Superior Plus Corp(SPB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 7

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, 7 stock analysts published opinions about SPB-T. 4 analysts recommended to BUY the stock. 3 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?

7 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 2022-10-04, Superior Plus Corp (SPB-T) stock closed at a price of $10.41.

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