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High Liner Foods (HLF-T) is recognized as a leader in the frozen seafood sector within Canadian retail and US institutional markets. The company's price-to-earnings ratio of 7x indicates a strong valuation relative to its earnings potential. In addition to its solid market position, High Liner Foods has been actively engaging in share buybacks and reducing its debt, which speaks to its commitment to enhancing shareholder value. Notably, the company has recently increased its dividend by 30%, offering a compelling yield of 4.51%. Analysts are optimistic about its outlook, with a price target set at $15.42, suggesting potential upside for investors looking for stable returns.
#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.
High Liner Foods is a Canadian stock, trading under the symbol HLF-T on the Toronto Stock Exchange (HLF-CT). It is usually referred to as TSX:HLF or HLF-T
In the last year, there was no coverage of High Liner Foods published on Stockchase.
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0 stock analysts on Stockchase covered High Liner Foods In the last year. It is a trending stock that is worth watching.
On 2025-04-25, High Liner Foods (HLF-T) stock closed at a price of $16.86.
Value. Leaders in frozen seafood in Canadian retail and US institutional. PE of 7x. Buying back stock, paying down debt. Increased dividend by 30% last year. Yield is 4.51%.
(Analysts’ price target is $15.42)