Transcontinental Inc. (A)

TCL.A-T

TSE:TCL.A

19.50
0.09 (0.46%)
Transcontinental Inc. is a Canadian newspaper publishing and marketing company based in Montreal, Quebec. The company is a major publisher of community newspapers in Quebec, and previously owned newspapers in Atlantic Canada and Saskatchewan.
More at Wikipedia

Analysis and Opinions about TCL.A-T

Signal
Opinion
Expert
HOLD
HOLD
August 12, 2020
Very cheap, trading below book value. Balance sheet is a little heavy. Great yield. Historically miss earnings. Consolidate a declining industry and try to rationalize it by cutting costs. He holds if for the yield and the valuation. Have to be patient.
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Very cheap, trading below book value. Balance sheet is a little heavy. Great yield. Historically miss earnings. Consolidate a declining industry and try to rationalize it by cutting costs. He holds if for the yield and the valuation. Have to be patient.
DON'T BUY
DON'T BUY
January 21, 2020
It's failed to execute, though it has stopped falling. Hasn't created a meaningful rally.
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It's failed to execute, though it has stopped falling. Hasn't created a meaningful rally.
DON'T BUY
DON'T BUY
August 16, 2019
A printing company that's grown by acquiring. But printing is cyclical and a declining industry, and TCL won't perform well in the coming downturn. TCL has good managers, though. They've missed their numbers in recent quarters.
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A printing company that's grown by acquiring. But printing is cyclical and a declining industry, and TCL won't perform well in the coming downturn. TCL has good managers, though. They've missed their numbers in recent quarters.
PAST TOP PICK
PAST TOP PICK
August 9, 2019
(A Top Pick Jul 25/18, Down 49%) You have to have a sell-side discipline, and sold out before making devastating losses.
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(A Top Pick Jul 25/18, Down 49%) You have to have a sell-side discipline, and sold out before making devastating losses.
DON'T BUY
DON'T BUY
July 15, 2019
It pays a good dividend, but growth will be difficult. They need acquisitions to grow and this sector, magazines, is sluggish. Advertising has gone online, not in print.
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It pays a good dividend, but growth will be difficult. They need acquisitions to grow and this sector, magazines, is sluggish. Advertising has gone online, not in print.
COMMENT
COMMENT
July 5, 2019
A big drop at the end of February, perhaps due to earnings. Will it hold the current low of $14? So far it is. The market is currently evaluating this stock and falling to $7 is possible. Consider tax-loss selling if this drifts down.
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A big drop at the end of February, perhaps due to earnings. Will it hold the current low of $14? So far it is. The market is currently evaluating this stock and falling to $7 is possible. Consider tax-loss selling if this drifts down.
PAST TOP PICK
PAST TOP PICK
June 19, 2019
(A Top Pick May 24/18, Down 44%) They are transforming from a printing company to a packing company. They made an acquisition that still has not created traction. They spin off a lot of free cash flow -- about 17%. The valuation is only 5 times earnings -- very cheap. You could hold or wait to see some upside momentum to add new cash.
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(A Top Pick May 24/18, Down 44%) They are transforming from a printing company to a packing company. They made an acquisition that still has not created traction. They spin off a lot of free cash flow -- about 17%. The valuation is only 5 times earnings -- very cheap. You could hold or wait to see some upside momentum to add new cash.
HOLD
HOLD
June 3, 2019
This is a very strong management team. They made a decision to go into packaging, and there was a huge learning curve. Take a long term view on this one. It will take years to learn this new business.
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This is a very strong management team. They made a decision to go into packaging, and there was a huge learning curve. Take a long term view on this one. It will take years to learn this new business.
PAST TOP PICK
PAST TOP PICK
May 10, 2019
(A Top Pick Apr 05/18, Down 44%) A bad pick he admits. Commercial print business that tries to drive down costs in their acquisitions. A stretched balance sheet matched with an earnings miss. Trades 6 times cash flow and 7 times PE. The stock is too volatile and the balance sheet is at risk.
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(A Top Pick Apr 05/18, Down 44%) A bad pick he admits. Commercial print business that tries to drive down costs in their acquisitions. A stretched balance sheet matched with an earnings miss. Trades 6 times cash flow and 7 times PE. The stock is too volatile and the balance sheet is at risk.
HOLD
HOLD
April 24, 2019
He has exposure to them, but is taking a wait and see approach in light of the recent sell off. It appears cheap at 6 times earnings and a 5.5% dividend. He will not add to his position yet. Be cautious.
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He has exposure to them, but is taking a wait and see approach in light of the recent sell off. It appears cheap at 6 times earnings and a 5.5% dividend. He will not add to his position yet. Be cautious.
DON'T BUY
DON'T BUY
April 22, 2019
It's come off its price in 2018, nearly half its 2018 peak. His target price is $31.21, nearly double the current price. If this continues to fall, he will sell.
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It's come off its price in 2018, nearly half its 2018 peak. His target price is $31.21, nearly double the current price. If this continues to fall, he will sell.
WATCH
WATCH
March 27, 2019
Tough business, and they've navigated well, but there's only so much you can do. Now they've pivoted into packaging. Big learning curve. Made a few acquisitions that they're trying to integrate. They paid a hefty price to get in, and there are some big players. May take a few years to hit their stride. It's a show me story. Watch results to see things stabilize.
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Tough business, and they've navigated well, but there's only so much you can do. Now they've pivoted into packaging. Big learning curve. Made a few acquisitions that they're trying to integrate. They paid a hefty price to get in, and there are some big players. May take a few years to hit their stride. It's a show me story. Watch results to see things stabilize.
WATCH
WATCH
March 7, 2019

It's down about 35% over 52 weeks. They were in the print business and transitioned away from print. They divested and reinvested in assets to be more established in the packaging space. Previous acquisitions have worked well. You have to have patience with it. The dividend is safe for the time being. They took on a lot of debt when they made the acquisition. It's early and it will take time.

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It's down about 35% over 52 weeks. They were in the print business and transitioned away from print. They divested and reinvested in assets to be more established in the packaging space. Previous acquisitions have worked well. You have to have patience with it. The dividend is safe for the time being. They took on a lot of debt when they made the acquisition. It's early and it will take time.

DON'T BUY
DON'T BUY
January 17, 2019
BIP.UN vs. TCL.A? Hard to compare infrastructure to packaging. Doesn't have a problem with infrastructure, but the dividend doesn't grow the way he'd like, and the dividend is actually a combination of capital and interest. He owns BAM.A in TFSAs. Instead of TCL.A, he owns CCL Industries because they have greater free cash flow and dividend growth, a safer and less volatile investment over time. He goes for quality companies rather than chasing yield.
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BIP.UN vs. TCL.A? Hard to compare infrastructure to packaging. Doesn't have a problem with infrastructure, but the dividend doesn't grow the way he'd like, and the dividend is actually a combination of capital and interest. He owns BAM.A in TFSAs. Instead of TCL.A, he owns CCL Industries because they have greater free cash flow and dividend growth, a safer and less volatile investment over time. He goes for quality companies rather than chasing yield.
TOP PICK
TOP PICK
October 23, 2018

They've been beaten up after a big U.S. acquisition where they took over $1 billion in debt which the market did not like. TCL, though, has done successful acquisitions over the years. They were a printing business, but then sold those assets and smartly reinvested in labels. It takes time for the market to digest their large acqusition, but the U.S. business is similar to TCL's business here, so TCL knows that space well. He's confident it will work. Trading at 8x P/E.

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They've been beaten up after a big U.S. acquisition where they took over $1 billion in debt which the market did not like. TCL, though, has done successful acquisitions over the years. They were a printing business, but then sold those assets and smartly reinvested in labels. It takes time for the market to digest their large acqusition, but the U.S. business is similar to TCL's business here, so TCL knows that space well. He's confident it will work. Trading at 8x P/E.

Showing 1 to 15 of 89 entries

Transcontinental Inc. (A)(TCL.A-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Transcontinental Inc. (A) 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.

Transcontinental Inc. (A)(TCL.A-T) Frequently Asked Questions

What is Transcontinental Inc. (A) stock symbol?

Transcontinental Inc. (A) is a Canadian stock, trading under the symbol TCL.A-T on the Toronto Stock Exchange (TCL-A-CT). It is usually referred to as TSX:TCL.A or TCL.A-T

Is Transcontinental Inc. (A) a buy or a sell?

In the last year, 2 stock analysts published opinions about TCL.A-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Transcontinental Inc. (A).

Is Transcontinental Inc. (A) a good investment or a top pick?

Transcontinental Inc. (A) was recommended as a Top Pick by Jason Mann on 2020-08-12. Read the latest stock experts ratings for Transcontinental Inc. (A).

Why is Transcontinental Inc. (A) 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 Transcontinental Inc. (A) worth watching?

2 stock analysts on Stockchase covered Transcontinental Inc. (A) In the last year. It is a trending stock that is worth watching.

What is Transcontinental Inc. (A) stock price?

On 2020-12-04, Transcontinental Inc. (A) (TCL.A-T) stock closed at a price of $19.5.