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Winpak Ltd. (WPK-T)
TSE:WPK
38.63
0.38
(0.97%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$39.990
Unknown
We reiterate this manufacturer of food, beverage and healthcare product packaging as a TOP PICK. Recently reported EPS was up 16%, representing the highest Q1 earnings achievement in company history. It trades at 16x earnings and 1.7x book. We recommend maintaining the stop at $39, looking to achieve $53 -- upside potential over 21%. Yield 0.2%
(Analysts’ price target is $53.82)Also on April 25, this packaging company from Winnipeg reported a strong quarter. Q1 2023 EPS of $0.60 rose 16% from $0.52 a year earlier and marked the company's highest quarterly earnings in history, despite higher operating expenses shaved EPS by two pennies. Revenues of $304.5 million jumped 10.3% higher from a year ago, while volume grew by 8.7%. Note that Q1 2022 suffered from an aluminum foil shortage. Gross margins slightly shrunk to 28.8% compared to 29.5% a year ago.
We reiterate WPK, a North American producer of packaging materials based out of Winnipeg, as a TOP PICK. Recently reported earnings grew 24% on a 18% increase in revenues. It is presently trading at under 2x book value on 16x earnings. We like that cash reserves are growing while debt is being retired. We recommend trailing up the stop (from $35) to $39, looking to achieve $53 -- upside potential of 24%. Yield 0.2%
(Analysts’ price target is $53.19)WPK is a North American producer of packaging materials based out of Winnipeg. It is presently trading at under 2x book value on 15x earnings. We like that cash reserves are growing while debt is being retired. Analysts expect a 24% increase in earnings this year. We recommend a stop-loss at $35, looking to achieve $55 -- upside potential of 30%. Yield 0.3%
(Analysts’ price target is $54.97)Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Large acquisitions expand addressable market. Controversies and approval weigh on stock. Remains a high growth company. Valuation attractive relative to peers. Unlock Premium - Try 5i Free
(A Top Pick January 8/18 - Down 1%.) Part of the industrials that experienced massive multiple contraction. Earnings are growing. Lots of cash on the balance sheet. Still like it a lot.
A good growth story over the past decade, growing without issuing new equity. The packaging space has been challenged the past two years though. He wouldn't enter this space now, but it's okay to hold WPK for the long-term. Pays a 0.26% dividend only.
This business makes small acquisitions that are incremental. They have high margins and high returns. They think very long term. He does not think it is properly appreciated.
He met with them about a year and half ago. They are a meat packing company. They recently missed their earnings target and he doesn’t think the earnings growth will be great into the future. He likes the overall business, but it is still too expensive. He see competitors moving into the space.
Winpak Ltd.(WPK-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
Winpak Ltd.(WPK-T) Frequently Asked Questions
What is Winpak Ltd. stock symbol?
Winpak Ltd. is a Canadian stock, trading under the symbol WPK-T on the Toronto Stock Exchange (WPK-CT). It is usually referred to as TSX:WPK or WPK-T
Is Winpak Ltd. a buy or a sell?
In the last year, 3 stock analysts published opinions about WPK-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Winpak Ltd..
Is Winpak Ltd. a good investment or a top pick?
Winpak Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Winpak Ltd..
Why is Winpak Ltd. 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 Winpak Ltd. worth watching?
3 stock analysts on Stockchase covered Winpak Ltd. In the last year. It is a trending stock that is worth watching.
What is Winpak Ltd. stock price?
On 2023-09-29, Winpak Ltd. (WPK-T) stock closed at a price of $38.63.
WPK is a bit of a 'sleeper'. It has $450M net cash, and is 53% owned by its parent. The stock is cheap. Looking at consensus estimates, EPS growth is really expected to slow down, and is essentially going to be flat next year. Expectations are for sales +5% and EPS to go from $2.33 to $2.34. Assuming nothing else happens, it looks like the 'ramp up' is likely over.
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