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Richards Packaging Income Fund (RPI.UN-T)
TSE:RPI.UN
29.23
0.22
(0.75%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 3 opinions in the last 12 months.
Richards Packaging Income Fund (RPI.UN) is the third largest packaging company in North America. The company has been dealing with industry challenges while continuing to grow cash reserves and retire debt. Despite segments of their business being challenged during the pandemic, RPI.UN has prudently reduced debt through working capital, leaving cash reserves in a strong position. The dividend is maintained by a payout ratio under 50% of free cash flow. Despite triggering a stop at $31, the stock has potential upside with recommendations to achieve $46. Prospect wise, stock offers a yield of around 3.7-3.8%, which is quite attractive.
$30.860
Unknown
We reiterate RPI.UN, the third largest packaging company in North America, as a TOP PICK. Management has dealt with industry challenges while continuing to grow cash reserves and retiring debt. Its dividend is maintained by a payout ratio under 50% of free cash flow. We recommend trailing up the stop (from $29.50) to $31.00, looking to achieve $46.00 -- upside potential of 33%. Yield 3.7%
(Analysts’ price target is $46.50)RPI.UN is the third largest packaging company in North America. Although segments of their business have been challenged during the pandemic, the company has been prudently reducing debt through working capital leaving cash reserves in a good position. Its dividend is maintained by a payout ratio under 50% of free cash flow. We recommend placing a stop-loss at $29.50, looking to achieve $46.00 -- upside potential of 34%. Yield 3.8%
(Analysts’ price target is $46.50)They got a boost during Covid so it would have been good to take profits then. Now, they face inflationary pressures. They're expanding geographically through acquisitions. Pays a decent dividend. Still likes it.
Great steady company that most people are not aware of.
All types of packaging in healthcare and consumer business.
Very low profile of CEO.
Valuation recently very high.
Waiting for shares to fall before buying.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Attractive dividend yield. Able to pass inflation on to consumers. Revenue mix shifting towards healthcare. Demonstrated track record. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Good dividend yield. Able to pass inflation on to consumers. Revenue mix shifting towards healthcare. Demonstrated track record. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Earnings beat estimates across the board. Covid related products unwinding lead to revenues falling 11%. Their acquisition has weighed on cash flow as well. It is currently consolidating and finding a base. Unlock Premium - Try 5i Free
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
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 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 2024-11-21, Richards Packaging Income Fund (RPI.UN-T) stock closed at a price of $29.23.
Our PAST TOP PICK with RPI.UN has triggered its stop at $31. To remain disciplined, we recommend covering the position at this time. When combined with our previous buy recommendation, this will result in a net investment loss of 10%.