Reitmans (Canada) Ltd. (A)

RET.A-T

TSE:RET.A

0.08
0.00 (0.00%)
Reitmans Ltd. is a Canadian retailing company, specializing in women's clothing. It was founded in 1926 by Herman and Sarah Reitman, in Montreal, Quebec, Canada.
More at Wikipedia

Analysis and Opinions about RET.A-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 23, 2019
(A Top Pick Oct 22/18, Down 35%) He sold this at $3. They offered to buy 15 million shares of stock and the took the offer. He is glad to be out. Sales are falling and they have closed 48 stores. He wonders if management should be changed. Their online sales have been going up, growing by 50% annually, but he questions how much is actually being bought online.
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(A Top Pick Oct 22/18, Down 35%) He sold this at $3. They offered to buy 15 million shares of stock and the took the offer. He is glad to be out. Sales are falling and they have closed 48 stores. He wonders if management should be changed. Their online sales have been going up, growing by 50% annually, but he questions how much is actually being bought online.
DON'T BUY
DON'T BUY
October 18, 2019
A three year return of -67%. Since 2007 this has fallen from $27. It is approaching $1.81 past lows -- watch out if that does not hold. There has been no place to hang your hat.
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A three year return of -67%. Since 2007 this has fallen from $27. It is approaching $1.81 past lows -- watch out if that does not hold. There has been no place to hang your hat.
TOP PICK
TOP PICK
October 22, 2018

It is a sector people hate. They are making money and have no debt. They closed a lot of stores - the worst ones. Some buy this stock just for the dividend.

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It is a sector people hate. They are making money and have no debt. They closed a lot of stores - the worst ones. Some buy this stock just for the dividend.

COMMENT
COMMENT
January 16, 2018

Bought this a couple of years ago at $3.81. It had a nice run, and thought about selling, but didn't. Pays a dividend of $.05 a quarter. Recently, everything they have has been doing better. Market share has gone up a bit, their online has gone up, same-store sales have gone up quite a bit, but their overall revenues have gone down because they’ve closed a lot of stores. Have had quite a lot of problems with addition L, so have taken big write offs there, which made the previous black ink red. Where they are going to go with this chain, he isn’t sure. He’s happy to continue holding. His initial sell target was $15+, but wonders if that is way too high.

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Bought this a couple of years ago at $3.81. It had a nice run, and thought about selling, but didn't. Pays a dividend of $.05 a quarter. Recently, everything they have has been doing better. Market share has gone up a bit, their online has gone up, same-store sales have gone up quite a bit, but their overall revenues have gone down because they’ve closed a lot of stores. Have had quite a lot of problems with addition L, so have taken big write offs there, which made the previous black ink red. Where they are going to go with this chain, he isn’t sure. He’s happy to continue holding. His initial sell target was $15+, but wonders if that is way too high.

SPECULATIVE BUY
SPECULATIVE BUY
December 28, 2017

A large mall based women’s apparel retailer. It is a well run company but they had to endure a band environment as a retailer. They carry a lot of cash in investments and it serves as downside protection. If you think you saw the worst in retail investing then it may be a speculative buy.

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A large mall based women’s apparel retailer. It is a well run company but they had to endure a band environment as a retailer. They carry a lot of cash in investments and it serves as downside protection. If you think you saw the worst in retail investing then it may be a speculative buy.

BUY
BUY
December 8, 2017

This is on his Buy list. It pays a nice $.05 quarterly dividend. Just reported earnings, and looked really bad because their Addition L subsidiary, took a big write down of about $26 million. There are difficulties in the retail space, however their same-store sales were up on their bricks and mortars stores. They’re also up in terms of the Internet. This is a good fit.

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This is on his Buy list. It pays a nice $.05 quarterly dividend. Just reported earnings, and looked really bad because their Addition L subsidiary, took a big write down of about $26 million. There are difficulties in the retail space, however their same-store sales were up on their bricks and mortars stores. They’re also up in terms of the Internet. This is a good fit.

HOLD
HOLD
November 3, 2017

Bought this about 2 years ago at $3.81. Retail, for the most part, is in the dumpster. This one has done okay, and is up about 20% since he bought it. Pays a dividend of $.05 a quarter. Has zero debt and skilled management. Internet sales have been going up like crazy, but they don't announce the numbers. He is happy to Hold it. Just lowered his target on it down to $14.24, from $16.24. Even with that, it may be a bit pie in the sky-ish. However, as more companies fold, that opens up space for them to get sales.

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Bought this about 2 years ago at $3.81. Retail, for the most part, is in the dumpster. This one has done okay, and is up about 20% since he bought it. Pays a dividend of $.05 a quarter. Has zero debt and skilled management. Internet sales have been going up like crazy, but they don't announce the numbers. He is happy to Hold it. Just lowered his target on it down to $14.24, from $16.24. Even with that, it may be a bit pie in the sky-ish. However, as more companies fold, that opens up space for them to get sales.

SELL
SELL
August 30, 2017

A long-established retailer, but is competitively weak. Its brick and mortar footprint is too big. The store count has come down from about 1,000 in 2011 to 670. That has arrested the same store sales decline. However, the overall consolidated sales really haven’t budged in 4 or 5 years. Return on invested capital is near zero, and the EPS is near zero. The dividend was cut in 2013 by 75%, and looks like it is vulnerable to a further cut.

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A long-established retailer, but is competitively weak. Its brick and mortar footprint is too big. The store count has come down from about 1,000 in 2011 to 670. That has arrested the same store sales decline. However, the overall consolidated sales really haven’t budged in 4 or 5 years. Return on invested capital is near zero, and the EPS is near zero. The dividend was cut in 2013 by 75%, and looks like it is vulnerable to a further cut.

BUY
BUY
April 3, 2017

They came out with fantastic results and then they took a beating. Get out as high as $15. Same store sales are going up nicely. He sees lots of upside.

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They came out with fantastic results and then they took a beating. Get out as high as $15. Same store sales are going up nicely. He sees lots of upside.

COMMENT
COMMENT
October 4, 2016

This was a big winner for him as a Short in 2003, which he covered. He understands they have apparently gone into the gas station business along with their clothing line.

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This was a big winner for him as a Short in 2003, which he covered. He understands they have apparently gone into the gas station business along with their clothing line.

COMMENT
COMMENT
September 22, 2016

Just reported great numbers. For a long time their numbers had been awful. Same-store sales were going up, especially online. The company was getting hit because the US$ was going up so much. He can see this getting up over $15 again. Pays about a 3% dividend, and they have no debt on the books.

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Just reported great numbers. For a long time their numbers had been awful. Same-store sales were going up, especially online. The company was getting hit because the US$ was going up so much. He can see this getting up over $15 again. Pays about a 3% dividend, and they have no debt on the books.

COMMENT
COMMENT
June 30, 2016

The whole discretionary space is getting a little soft. Chart shows a big downside from July to January followed by a base that gives a little bit of floor. The technical target is probably a little bit below its current price. If you know the story and the fundamentals really well, that is probably a better gauge than looking at technicals alone. His upside target is actually lower from here.

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The whole discretionary space is getting a little soft. Chart shows a big downside from July to January followed by a base that gives a little bit of floor. The technical target is probably a little bit below its current price. If you know the story and the fundamentals really well, that is probably a better gauge than looking at technicals alone. His upside target is actually lower from here.

COMMENT
COMMENT
June 3, 2016

The period of seasonal strength for retail stocks is from January through to April, with another from October all the way through to the US thanksgiving holiday, the end of November. This past season, it broke the downtrend and started to consolidate. It is now bumping up against some of the major moving averages. It is trying to break out. You want to see it break out above its resistance of $5. Between April and October, these stocks don’t tend to do too much. There is support at $4.20, and that is your exit point if you are still holding it.

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The period of seasonal strength for retail stocks is from January through to April, with another from October all the way through to the US thanksgiving holiday, the end of November. This past season, it broke the downtrend and started to consolidate. It is now bumping up against some of the major moving averages. It is trying to break out. You want to see it break out above its resistance of $5. Between April and October, these stocks don’t tend to do too much. There is support at $4.20, and that is your exit point if you are still holding it.

COMMENT
COMMENT
June 2, 2016

This used to be a “go to” company in terms of dividend sustainability, and a favourite in the retail segment. Retailing has changed remarkably, particularly if you are distributed in multiple malls. The Internet is having a big impact on retailing. Companies like this are having problems.

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This used to be a “go to” company in terms of dividend sustainability, and a favourite in the retail segment. Retailing has changed remarkably, particularly if you are distributed in multiple malls. The Internet is having a big impact on retailing. Companies like this are having problems.

DON'T BUY
DON'T BUY
May 19, 2016

They are sound financially and always have been. They are hurting from foreign competition. Same store sales are down and they are trying to manage the decline. He would not step in here. Even a good management team is struggling.

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They are sound financially and always have been. They are hurting from foreign competition. Same store sales are down and they are trying to manage the decline. He would not step in here. Even a good management team is struggling.

Showing 1 to 15 of 79 entries

Reitmans (Canada) Ltd. (A)(RET.A-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Reitmans (Canada) Ltd. (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.

Reitmans (Canada) Ltd. (A)(RET.A-T) Frequently Asked Questions

What is Reitmans (Canada) Ltd. (A) stock symbol?

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

Is Reitmans (Canada) Ltd. (A) a buy or a sell?

In the last year, 2 stock analysts published opinions about RET.A-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Reitmans (Canada) Ltd. (A).

Is Reitmans (Canada) Ltd. (A) a good investment or a top pick?

Reitmans (Canada) Ltd. (A) was recommended as a Top Pick by Benj Gallander on 2019-10-23. Read the latest stock experts ratings for Reitmans (Canada) Ltd. (A).

Why is Reitmans (Canada) Ltd. (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 Reitmans (Canada) Ltd. (A) worth watching?

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

What is Reitmans (Canada) Ltd. (A) stock price?

On 2020-07-29, Reitmans (Canada) Ltd. (A) (RET.A-T) stock closed at a price of $0.075.