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The experts have differing opinions on Clarke Inc.'s stock. While the recent performance has been strong and the company plans to buy back 5% of outstanding shares, there is concern about the variability in results and the high level of debt, leading to hesitation in seeing a long-term trend of fundamental improvement. The lack of dividend and the fact that it is essentially a holding company with two shareholders owning 88% of the company also raises some red flags. The consensus seems to be that investors could look elsewhere for a small cap TFSA investment.
(A Top Pick April 25/16. Up 16.15%.) A small investment management firm. Historically they have done very well in investing in both public and private oil companies, and buying and selling assets. They delivered a special $2 dividend to shareholders in June. He is a little less bullish on this now. Trading at a slight discount to Book, but not as much as before. Feels there are more interesting alternatives now.
They did a good job Management owns a big chunk and they have a lot of cash. They had a lot of buybacks over the last year.
Clarke Inc. is a Canadian stock, trading under the symbol CKI-T on the Toronto Stock Exchange (CKI-CT). It is usually referred to as TSX:CKI or CKI-T
In the last year, 1 stock analyst published opinions about CKI-T. 0 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 Clarke Inc..
Clarke Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Clarke Inc..
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.
1 stock analyst on Stockchase covered Clarke Inc. In the last year. It is a trending stock that is worth watching.
On 2024-11-22, Clarke Inc. (CKI-T) stock closed at a price of $23.6.
The stock has really jumped over the last month and the most recent news we see is relating to CKI renewing its NCIB (share buyback plan). CKI plans to buyback 5% of outstanding shares over the next year. Results vary significantly period-to-period making it harder to anlyze and give a clear answer if we are seeing a long-term trend of fundementals improving. The balance sheet has quite a bit of debt at $137.8M in net debt. On a trailing earnings basis, CKI is very expensive at 44.2x. While the recent performance has been strong, we do not like the lumpiness in results and the size risk at $327M in market cap. We think investors could look elsewhere for a small cap TFSA investment. It is essentially a holding company and two shareholders own 88% of the company. With no dividend, we would prefer to see secular growth and better liquidity.
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