TSE:HLF
High Liner Foods (HLF.TO)
Financials 
Technical Analysis 
Jun 5, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
High Liner Foods (HLF) has recently reached a multi-year high following its acquisition of Mrs. Paul's and Van de Kamp, which is seen as a strategic move to diversify its global supply chain while enhancing co-manufacturing capabilities. Although there is expected to be a minor initial negative impact of 1 cent on earnings, the long-term rationale behind this acquisition is compelling. The company has managed to increase its stock value by 18% year-to-date, maintaining a low valuation at only 8 times earnings, which suggests potential for further growth. However, concerns remain over the company's high debt levels, which could pose risks going forward. Overall, the experts express positive sentiments towards the acquisition and the company's momentum, recommending HLF for more aggressive investors, particularly in tax-free savings accounts (TFSA).
#1 supplier to retail channel in Canada, and #1 in US to food services. Sells under own name and private label. Seafood consumption low in NA, huge potential for growth. Revenue growth stalled with consumers cutting back on higher-priced items. In rally mode again. Huge free cashflow, buying back lots of shares, increased divvie by 30%, paying down debt. Dirt cheap at 8x PE. Insiders own 40%. Feels it will be sold down the road.
The company is 120 years old and is the leading brand in North America in frozen value added seafood, number 1 in the Canadian retail segment and number 1 in the U.S. food services segment. Eating fish is considered a healthy alternative to eating meats and although Americans are not big fish eaters, there is good growth potential as attitudes may change. It is paying down debt as well as increasing the dividend by 30% and it recently reported record results. Trades at 7X earnings and insiders own 40%, almost unheard of.
He would not double down on it because we are in tax loss season. There could be some tax loss selling in November/December. It has fairly high debt. It now pays a dividend but did not do so when he owned it. They are a leader in the field and know what they are doing. They could do well in time.
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High Liner Foods (HLF.TO) Frequently Asked Questions
What is High Liner Foods stock symbol?
High Liner Foods is a Canadian stock, trading under the symbol HLF.TO (previously HLF-T on Stockchase) on the Toronto Stock Exchange (HLF-CT). It is usually referred to as TSX:HLF or HLF.TO
Is High Liner Foods a buy or a sell?
In the last year, 1 stock analyst published opinions about HLF.TO (previously HLF-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for High Liner Foods.
Is High Liner Foods a good investment or a top pick?
High Liner Foods was recommended as a Top Pick by David Baskin on 2018-08-29. Read the latest stock experts ratings for High Liner Foods.
Why is High Liner Foods 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 High Liner Foods worth watching?
1 stock analyst on Stockchase covered High Liner Foods in the last year. It is a trending stock that is worth watching.
What is High Liner Foods stock price?
On 2026-06-05, High Liner Foods (HLF.TO) stock closed at a price of $14.51.
HLF hit a multi-year high as the Mrs. Pauls and Van de Kamp acquisition looks solid. It continues HLF's plan to diversify its global supply chain, and it already co-manufactures for the brands. There will be a small 1c negative impact to earnings initially, but the strategic rationale makes sense for the long term. HLF is buying $75M in sales on a base of about $950 currently. The stock is up 18% YTD yet is still only 8X earnings. Debt continues to be high, however. We like the deal and the momentum. We would be OK buying this in a TFSA but for more aggressive investors only.
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