High Liner Foods (HLF-T)
TSE:HLF
17.05
0.02
(0.12%) 1d
Financials
Technical Analysis
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High Liner Foods, with the ticker symbol HLF-T, stands out as a leader in the frozen seafood market for both Canadian retail and U.S. institutional sectors. The company's low price-to-earnings ratio of 7x indicates it is currently undervalued. Additionally, it boasts a strong free cash flow and has been actively buying back shares while reducing its debt load. Last year, High Liner Foods also increased its dividend by an impressive 30%, resulting in a current yield of 4.51%. Despite some recent challenges in revenue growth due to changing consumer preferences, there are signals of a recovery, and many experts predict potential for growth in the seafood market as consumption in North America is still relatively low. There is also speculation about the company being an acquisition target in the future, especially given that insiders hold a significant 40% stake.
#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.
He held it for 10 years and did very well, but then he unloaded it entirely, starting in February. He didn't see a recovery in its last quarter and sold his remaining shares. Highliner made a distrastrous acqusition and suffered a brutal recall.
Doesn't see a recovery anytime soon.
High Liner Foods(HLF-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
High Liner Foods(HLF-T) Frequently Asked Questions
What is High Liner Foods stock symbol?
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
Is High Liner Foods a buy or a sell?
In the last year, there was no coverage of High Liner Foods published on Stockchase.
Is High Liner Foods a good investment or a top pick?
High Liner Foods was recommended as a Top Pick by on . 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?
0 stock analysts 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 2025-04-01, High Liner Foods (HLF-T) stock closed at a price of $17.05.
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)