Richards Packaging Income Fund

RPI.UN-T

Analysis and Opinions about RPI.UN-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 4, 2020
No price target The biggest distributor of glass and plastic packaging in Canada. They've grown revenues 25% in the last 5 years with earnings up 50%. Trades at 15x earnings and pays a 2.9% dividend yield.
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No price target The biggest distributor of glass and plastic packaging in Canada. They've grown revenues 25% in the last 5 years with earnings up 50%. Trades at 15x earnings and pays a 2.9% dividend yield.
BUY
BUY
August 12, 2019
A steady packaging company that grows through acquisition. Managers own over 20% of the business. This will grow and do well.
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A steady packaging company that grows through acquisition. Managers own over 20% of the business. This will grow and do well.
TOP PICK
TOP PICK
September 20, 2018

One of the least celebrated but one of the most important businesses in Canada because it is the largest packaging company. Trade at an attractive multiple. The payout ratio is almost 60%.

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One of the least celebrated but one of the most important businesses in Canada because it is the largest packaging company. Trade at an attractive multiple. The payout ratio is almost 60%.

BUY
BUY
September 10, 2018

A very steady packaging and distribution business. The payout ratio is lower than 50% and they have targeted higher than that. There should not be much impact from the NAFTA negotiations.

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A very steady packaging and distribution business. The payout ratio is lower than 50% and they have targeted higher than that. There should not be much impact from the NAFTA negotiations.

BUY
BUY
April 24, 2018

This is the kind of business that investors should own in this time in the market. It pays a nice dividend. It is nicely diversified in terms of the types of packaging. Products are well-suited to consumer staples, which aren’t as sensitive to the market cycle. Management owns a large stake in the company. He think it is a good long-term hold.

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This is the kind of business that investors should own in this time in the market. It pays a nice dividend. It is nicely diversified in terms of the types of packaging. Products are well-suited to consumer staples, which aren’t as sensitive to the market cycle. Management owns a large stake in the company. He think it is a good long-term hold.

COMMENT
COMMENT
August 2, 2017

He likes this. In the consumer staples space, so it is a stable type of company and you can expect it to grow with GDP. His main concern is liquidity. It can be illiquid at times and you need to be careful of your position sizing. Prefers CCL Industries (CCL.B-T), but if it is income you are looking for, this one is fine.

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He likes this. In the consumer staples space, so it is a stable type of company and you can expect it to grow with GDP. His main concern is liquidity. It can be illiquid at times and you need to be careful of your position sizing. Prefers CCL Industries (CCL.B-T), but if it is income you are looking for, this one is fine.

PAST TOP PICK
PAST TOP PICK
July 24, 2017

(Top Pick May 18/17, Down 3.63%) The decline is just trading noise. He still likes the company. He would hold it for sure.

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(Top Pick May 18/17, Down 3.63%) The decline is just trading noise. He still likes the company. He would hold it for sure.

PAST TOP PICK
PAST TOP PICK
June 19, 2017

(Top Pick Feb 28/17, Up 25%) It is still not overvalued. They generate a lot of cash flow and you get a 4.5% dividend which represents about a 50% payout. They have a huge runway to make acquisitions in North America. It is still one of his favourite names.

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(Top Pick Feb 28/17, Up 25%) It is still not overvalued. They generate a lot of cash flow and you get a 4.5% dividend which represents about a 50% payout. They have a huge runway to make acquisitions in North America. It is still one of his favourite names.

TOP PICK
TOP PICK
May 18, 2017

Glass and plastic packaging. Does a lot of pharmaceutical type packaging. This has had 13 years of 25%+ return on invested capital. A really strong balance sheet.

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Glass and plastic packaging. Does a lot of pharmaceutical type packaging. This has had 13 years of 25%+ return on invested capital. A really strong balance sheet.

TOP PICK
TOP PICK
February 28, 2017

A very stable stock. Distributes rigid packaging products. They have 3 main end markets; food packaging, cosmetics and healthcare like pill bottles. Very stable. They generate a ton of free cash flow. 10% free cash flow yield and are paying out only half of that as a dividend. Dividend yield of 4.64%.

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A very stable stock. Distributes rigid packaging products. They have 3 main end markets; food packaging, cosmetics and healthcare like pill bottles. Very stable. They generate a ton of free cash flow. 10% free cash flow yield and are paying out only half of that as a dividend. Dividend yield of 4.64%.

COMMENT
COMMENT
January 24, 2017

This is on his radar screen. They have been consolidating over the last little while, and he would like to see the stock show some technical strength i.e. moving out of that consolidation phase beyond $25-$26 on above average volume. A good position for somebody income oriented.

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This is on his radar screen. They have been consolidating over the last little while, and he would like to see the stock show some technical strength i.e. moving out of that consolidation phase beyond $25-$26 on above average volume. A good position for somebody income oriented.

COMMENT
COMMENT
August 9, 2016

(Market Call Minute.) They’ve been able to put up good organic growth numbers, and recently raised its dividend. Kind of a boring company, but in this environment boring can be amazing.

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(Market Call Minute.) They’ve been able to put up good organic growth numbers, and recently raised its dividend. Kind of a boring company, but in this environment boring can be amazing.

BUY
BUY
July 18, 2016

It has been on a tremendous run and he does not think it is going to stop. Management is solid and the balance sheet is solid. They are benefiting from the shift away from physical stores.

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It has been on a tremendous run and he does not think it is going to stop. Management is solid and the balance sheet is solid. They are benefiting from the shift away from physical stores.

COMMENT
COMMENT
June 24, 2016

This is a tough business. Packaging is a good consumer staples type of business. They do all the things right. Have a good dividend, raise it, and do share buybacks. He just can’t get past the illiquidity. Also, there has been quite a big run up on shares recently. Now trading at multiples that are on par with something like CCL Industries, which is much larger and a much more liquid company, which he would prefer.

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This is a tough business. Packaging is a good consumer staples type of business. They do all the things right. Have a good dividend, raise it, and do share buybacks. He just can’t get past the illiquidity. Also, there has been quite a big run up on shares recently. Now trading at multiples that are on par with something like CCL Industries, which is much larger and a much more liquid company, which he would prefer.

PAST TOP PICK
PAST TOP PICK
June 8, 2016

(A Top Pick June 12/15. Up 66.05%.) Despite the stock being up, it is probably still no more expensive, from a valuation standpoint, than it was a year ago. Earnings have grown and the cash flow has grown significantly. Have made some acquisitions. Pays a nice dividend. Management owns a significant stake. Dividend yield of 4.4%.

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(A Top Pick June 12/15. Up 66.05%.) Despite the stock being up, it is probably still no more expensive, from a valuation standpoint, than it was a year ago. Earnings have grown and the cash flow has grown significantly. Have made some acquisitions. Pays a nice dividend. Management owns a significant stake. Dividend yield of 4.4%.

Showing 1 to 15 of 29 entries

Richards Packaging Income Fund(RPI.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Richards Packaging Income Fund 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.

Richards Packaging Income Fund(RPI.UN-T) Frequently Asked Questions

What is Richards Packaging Income Fund stock symbol?

Richards Packaging Income Fund is a Canadian stock, trading under the symbol RPI.UN-T on the Toronto Stock Exchange (RPI-UN-CT). It is usually referred to as TSX:RPI.UN or RPI.UN-T

Is Richards Packaging Income Fund a buy or a sell?

In the last year, 1 stock analyst published opinions about RPI.UN-T. 1 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Richards Packaging Income Fund.

Is Richards Packaging Income Fund a good investment or a top pick?

Richards Packaging Income Fund was recommended as a Top Pick by Gavin Graham on 2020-03-04. Read the latest stock experts ratings for Richards Packaging Income Fund.

Why is Richards Packaging Income Fund 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 Richards Packaging Income Fund worth watching?

1 stock analyst on Stockchase covered Richards Packaging Income Fund In the last year. It is a trending stock that is worth watching.

What is Richards Packaging Income Fund stock price?

On 2020-04-09, Richards Packaging Income Fund (RPI.UN-T) stock closed at a price of $44.54.