Stuart Olson Inc (SOX.TO) Buy, Sell or Hold

Stuart Olson Inc (SOX.TO)

0.13

-0.00 (0.00%)

as of Sep 29, 2020, 8:00:00 pm Market Open.

53 watching

COMMENT

In the construction space his favorite is WSP Global. SOX is similar and he thinks they may be a value trap as there is some concerns about the dividend, the strength of the balance sheet and their ties to the energy sector.

TOP PICK

He bought in when the dividend was over 9%, only to see them eliminate it and the stock got killed. Their revenues are going down, but he has faith as the management team is looking to make it lean and mean. Their backlog has gone up. They are not out of the woods and could see this going into double-digits in price. Yield 0% (Analysts’ price target is $1.74)

DON'T BUY

Moving up recently a lot Engineering firm in oil. The down channel looks like it won't stop anytime soon. For him to enter, this needs to build a base. He'd watch this to see if a base forms in six months.

TOP PICK

He has owned this a long time. They cut the dividend by half and then eliminated it. This killed the stock price. The cut will save $14 million in cash flow. They have cut staff and they are getting hurt by events in the energy sector. They have $1.6 billion in back log and refinanced their debt. This could be a 10-bagger, or it could go bankrupt. Yield 0% (Analysts’ price target is $1.73)

SELL

For tax-loss selling. It's really disappointed him. He wouldn't be surprised if this was sold or even privatized. He's sold a lot of shares and holds only some now. SOX's margins never recovered.

DON'T BUY

A big disappointment. Right after he recommended them, their fixed contracts went over cost. Have struggled to expand geographically. They're perceived to be a western company where growth is slower. It should be worth more.

RISKY

It is very inexpensive and he continues to own it. Their backlog is growing, which is a good sign. It has been regarded as a pure construction business that focused on Alberta. He sees this as higher risk for higher reward. It may become a take out target going forward.

TOP PICK

They just had a bad quarter and the stock price has been beaten down. This could become a 4-bagger. He likes management and likes the dividend while he waits for things to improve. Yield 7.06% (Analysts’ price target is $4.90)

DON'T BUY

It has not done well for shareholders over the past 5 years. The dividend is attractive, but could quickly come under risk. He would wait to see improvement before jumping in. Yield 7%

TOP PICK

They lost some money. Revenues will fall in Q1 and maybe also Q2 that could extend the loss, but they expect revenues this year to be higher than in 2018. He likes managerment. They've paid a dividend of 12 cents for 31 straight quarters until they cut it. Activist investors are looking to see SOX sold. (Analysts’ price target is $5.10)

RISKY

They've hit one obstacle after another and are in a business that should be doing much better. They do more construction and less engineering vs. its peers. This is way oversold. This is a higher-risk, higher-reward holding. This could pay off down the road.

HOLD

He once owned this. Sit tight with it. He owns Aecon instead. He likes SOX, though, and talks to the CEO. A well-run business. Doesn't know why the dividend was cut.

WEAK BUY

A past top pick. The problem with construction companies is that they're much more volatile than the engineering ones. SOX is more construction, less engineering, and more dependent on the Alberta economy. It has a lot of upside from here, but it's riskier than peers Aecon, Stantec and SNC Lavalin.

BUY

It has been a top pick in the past. It is a higher risk than a company that is both construction AND engineering. They have been figured as an Alberta-centric company but they have diversified somewhat. If we see any infrastructure dollars going to work, this company is likely to get them.

PARTIAL SELL

The company has not only created some stability within operations, but also have the potential of improving operations going forward. When they converted from the old Churchill Corp. they took on a lot of contracts that were fixed price that went over budget, making it a real drag. Since then, they’ve diversified into other markets. They have more presence in other provinces than just Alberta. If there is going to be more spending in electrical work in buildings, and infrastructure to some extent, this company should still have a bit more room to run. If you own, he would take some profits and limit this to a smaller portion of your portfolio.

Showing 1 to 15 of 72 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stuart Olson Inc (SOX.TO) Frequently Asked Questions

What is Stuart Olson Inc stock symbol?

Stuart Olson Inc is a Canadian stock, trading under the symbol SOX.TO (previously SOX-T on Stockchase) on the Toronto Stock Exchange (SOX-CT). It is usually referred to as TSX:SOX or SOX.TO

Is Stuart Olson Inc a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on SOX.TO (previously SOX-T on Stockchase) on Stockchase. Read the latest expert commentary for Stuart Olson Inc.

Is Stuart Olson Inc a good investment or a top pick?

Stuart Olson Inc was recommended as a Top Pick by Michael Sprung on 2017-12-13. Read the latest stock experts ratings for Stuart Olson Inc.

Why is Stuart Olson Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Stuart Olson Inc.

Is Stuart Olson Inc worth watching?

Stuart Olson Inc is followed by 53 investors on Stockchase and is a trending stock that is worth watching.

What is Stuart Olson Inc stock price?

On 2020-09-29, Stuart Olson Inc (SOX.TO) stock closed at a price of $0.13.

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Stuart Olson Inc (SOX.TO)