Westshore Terminals Inc.

WTE-T

TSE:WTE

13.63
0.20 (1.49%)
Westshore Terminals is Canada's premier, most technologically-advanced coal export terminal, located in the Metro Vancouver area. With an export capacity of 33 million tones per year, Westshore Terminals handles around 250 ships per year.
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Analysis and Opinions about WTE-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 19, 2020

(A Top Pick Oct 25/19, Down 31%) They have been in deep negotiations with TECK.B-T. The market was pricing in a $16 stock for them. This is the base case for this stock. There has been tax loss selling. They are now in negotiations with other bulk commodities companies. He still likes it.

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(A Top Pick Oct 25/19, Down 31%) They have been in deep negotiations with TECK.B-T. The market was pricing in a $16 stock for them. This is the base case for this stock. There has been tax loss selling. They are now in negotiations with other bulk commodities companies. He still likes it.

PAST TOP PICK
PAST TOP PICK
August 12, 2020
(A Top Pick Jun 26/19, Down 15%) Caught up in the cyclical/value selloff. Have infrastructure that can't be replicated. Extremely good valuation. 8x price to earnings. Great balance sheet. Low payout ratio. Sold off, but it's coming back. Iron ore and steel prices are coming back. Beneficiary of inflation.
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(A Top Pick Jun 26/19, Down 15%) Caught up in the cyclical/value selloff. Have infrastructure that can't be replicated. Extremely good valuation. 8x price to earnings. Great balance sheet. Low payout ratio. Sold off, but it's coming back. Iron ore and steel prices are coming back. Beneficiary of inflation.
HOLD
HOLD
June 5, 2020
Dividend safe? They are in a good position as a port infrastructure company. He assumes coal shipments will be sustained. They changed their structure a few times and he thinks they will do okay longer term.
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Dividend safe? They are in a good position as a port infrastructure company. He assumes coal shipments will be sustained. They changed their structure a few times and he thinks they will do okay longer term.
PAST TOP PICK
PAST TOP PICK
June 4, 2020

(A Top Pick Jul 26/19, Down 23%) They had some difficulties with TECK.B-T not long after it was a Top Pick. It is still the leading coal export terminal on the west coast. It is a challenge that their largest customer is looking to renegotiate and move volumes elsewhere. It scores in the top 1% on valuation. It still yields over 4% with a low payout ratio and has a solid balance sheet. It is a relatively stable stock relative to other commodity stocks. It is still on his buy list.

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(A Top Pick Jul 26/19, Down 23%) They had some difficulties with TECK.B-T not long after it was a Top Pick. It is still the leading coal export terminal on the west coast. It is a challenge that their largest customer is looking to renegotiate and move volumes elsewhere. It scores in the top 1% on valuation. It still yields over 4% with a low payout ratio and has a solid balance sheet. It is a relatively stable stock relative to other commodity stocks. It is still on his buy list.

PAST TOP PICK
PAST TOP PICK
May 28, 2020

(A Top Pick Aug 21/19, Down 27%) He still owns it and still likes it down here for the same reasons. The negative performance is mostly because the market still wants to see a deal between them and TECK.B-T, which seems to be playing a bit of hardball. He would expect that they come back to the table some time this year and formalize an agreement for some tonnage.

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(A Top Pick Aug 21/19, Down 27%) He still owns it and still likes it down here for the same reasons. The negative performance is mostly because the market still wants to see a deal between them and TECK.B-T, which seems to be playing a bit of hardball. He would expect that they come back to the table some time this year and formalize an agreement for some tonnage.

BUY
BUY
January 17, 2020
Competition from Teck? Teck has announced it will potentially be increasing shipments in competition against them. This has moved the valuations right to the top of his list of buy prospects. It trades at 8 times earnings. A cheap cyclical stock with a low dividend payout ratio. Most of their coal them move is for steel manufacture than for thermal purposes, so it seems like the environmental concerns are over blown. Yield 4%
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Competition from Teck? Teck has announced it will potentially be increasing shipments in competition against them. This has moved the valuations right to the top of his list of buy prospects. It trades at 8 times earnings. A cheap cyclical stock with a low dividend payout ratio. Most of their coal them move is for steel manufacture than for thermal purposes, so it seems like the environmental concerns are over blown. Yield 4%
WATCH
WATCH
January 8, 2020

Why the selloff today? Teck may be expanding its deal with a competitor causing a sizable share price sell off (over 10% today) -- this may double Teck's capacity. People may also be concerned about future coal demand and exports. There just not seem to be any catalysts to spark his interest. It is not wise to panic on this, there will be time for recovery to allow you to assess the situation.

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Why the selloff today? Teck may be expanding its deal with a competitor causing a sizable share price sell off (over 10% today) -- this may double Teck's capacity. People may also be concerned about future coal demand and exports. There just not seem to be any catalysts to spark his interest. It is not wise to panic on this, there will be time for recovery to allow you to assess the situation.

TOP PICK
TOP PICK
November 29, 2019
This could be a take over by a private equity name. The largest coal export facility on the west coast of North America. It has no debt. The market is worried by the Teck contract, but he does not think it will be an issue. He thinks this is a $30 stock and the dividend will go up. A potential 30-40% upside. Yield 2.95% (Analysts’ price target is $25.75)
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This could be a take over by a private equity name. The largest coal export facility on the west coast of North America. It has no debt. The market is worried by the Teck contract, but he does not think it will be an issue. He thinks this is a $30 stock and the dividend will go up. A potential 30-40% upside. Yield 2.95% (Analysts’ price target is $25.75)
TOP PICK
TOP PICK
October 25, 2019
A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
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A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
TOP PICK
TOP PICK
October 25, 2019
A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
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A higher risk name, but has great value here. The largest coal loading facility on the West coast in Canada. Trades at 8 times earnings, where infrastructure plays should be trading at 12-13 times. It should be a $30 stock. It carries no debt and should allow the dividend to increase going forward. Yield 3.00% (Analysts’ price target is $25.00)
BUY WEAKNESS
BUY WEAKNESS
October 24, 2019

We are seeing headwinds in both met-coal and thermal coal. Thermal coal is on its way out. It is a good asset with a strong balance sheet but he would only add at a discount to account for the risks of coal and that TECK.B-T may be dropping some of their capacity for alternatives.

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We are seeing headwinds in both met-coal and thermal coal. Thermal coal is on its way out. It is a good asset with a strong balance sheet but he would only add at a discount to account for the risks of coal and that TECK.B-T may be dropping some of their capacity for alternatives.

HOLD
HOLD
October 15, 2019
$46.73 is his model price. It can cover its dividend. Hold and wait. It's a cyclical stock, a coal company.
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$46.73 is his model price. It can cover its dividend. Hold and wait. It's a cyclical stock, a coal company.
SELL STRENGTH
SELL STRENGTH
September 20, 2019
A terminal on the BC coast, primarily involved in coal. There have been issues with some of the customers financial position. It was a safe way to play coal prices. He would continue to hold for now, but sell into strength. The dividend was cut in half, back in 2015. Yield 3% (Analysts’ price target is $25.00)
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A terminal on the BC coast, primarily involved in coal. There have been issues with some of the customers financial position. It was a safe way to play coal prices. He would continue to hold for now, but sell into strength. The dividend was cut in half, back in 2015. Yield 3% (Analysts’ price target is $25.00)
WAIT
WAIT
September 13, 2019

In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.

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In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.

TOP PICK
TOP PICK
August 21, 2019
An infrastructure asset. A cold terminal that is used to load ships to Asia. Trading at a low multiple. They had faced headwinds with one of their customers going bankrupt but they were bought up so they are now good. Pays a good dividend around 3%. Has performed poorly but it is a good entry point right now.
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An infrastructure asset. A cold terminal that is used to load ships to Asia. Trading at a low multiple. They had faced headwinds with one of their customers going bankrupt but they were bought up so they are now good. Pays a good dividend around 3%. Has performed poorly but it is a good entry point right now.
Showing 1 to 15 of 224 entries

Westshore Terminals Inc.(WTE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 8

Stockchase rating for Westshore Terminals Inc. 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.

Westshore Terminals Inc.(WTE-T) Frequently Asked Questions

What is Westshore Terminals Inc. stock symbol?

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

Is Westshore Terminals Inc. a buy or a sell?

In the last year, 8 stock analysts published opinions about WTE-T. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Westshore Terminals Inc..

Is Westshore Terminals Inc. a good investment or a top pick?

Westshore Terminals Inc. was recommended as a Top Pick by Robert Lauzon on 2020-10-19. Read the latest stock experts ratings for Westshore Terminals Inc..

Why is Westshore Terminals Inc. 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 Westshore Terminals Inc. worth watching?

8 stock analysts on Stockchase covered Westshore Terminals Inc. In the last year. It is a trending stock that is worth watching.

What is Westshore Terminals Inc. stock price?

On 2020-10-27, Westshore Terminals Inc. (WTE-T) stock closed at a price of $13.63.