TSE:EMP.A

34.77
0.03 (0.09%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Empire Company (A) has turned around Safeway acquisition and is benefiting from food pricing due to inflation and Canadian population growth. However, it has underperformed this year, but its valuation is considered more attractive. The company's confusing structure may have contributed to its underperformance compared to Loblaw. Some experts believe that while it is defensive, Loblaw offers better value and efficiencies. Others consider it very expensive and advise patience for a better rate of return. Overall, the stock seems to have potential for short-term gains but may be overvalued in the long run.

Consensus
Mixed
Valuation
Fair Value
BUY

Turned around Safeway acquisition. Inflation has helped food pricing. Canadian population growth. All the grocery chains own the best locations. Underperformed this year. Valuation much more attractive. Has always logged Loblaw, perhaps because EMP.A has a more confusing structure.

food stores
WEAK BUY

Defensive. Owned it a while ago, but Loblaw offers better value, the Shoppers chain, exposure to cities, and better efficiencies. Neither pays a good dividend, but Empire's chart looks attractive now for the short term. 

food stores
WAIT

Very expensive, trading up near maximums. Be patient, let things fall to something that will give you a better rate of return.

food stores
HOLD
Doing very well, based on food inflation. People have been shopping more downscale, and Loblaw has more exposure to discount chains than competitors. Inflationary pressures. A good, defensive place to be, though his preference is Loblaw.
food stores
HOLD
Very solid. Decent hold here. Low growth sector, about 5%. Good franchise. On weakness below $37, look at buying. If you're negative on the market, safe place to be. If you're positive on the market, there are better places for your money. Yield of 1.5% that will slowly increase over time.
food stores
WAIT
Well run. Benefited during the pandemic. Stepped up their online game. Online demand will continue. Tough comparisons to last year. May be better to wait and see how investors react over the next few quarters. Not huge downside, but more of a wait and see.
food stores
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has seen some target downgrades, although relatively small. The weakness comes after the company stated it expects sales growth to slow. The decline is an interesting buy opportunity as it remains cheap and safe in these market conditions. Unlock Premium - Try 5i Free

food stores
WAIT

MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.

food stores
DON'T BUY
She owns another name in food retailing/grocers, who have benefitted from strong same-store sales growth, though this growth will moderate as economies open up more and eat out more. All retailers are increasing digital shopping and home delivery, though. It's a competitive space. All names have benefitted from the pandemic, but Empire doesn't offer much growth or pay a large dividend.
food stores
BUY

Billy Kawasaki’s Insights - Picks from 5i Research. The recent results were overall very solid. Revenue, as well as Earnings per Share both beat expectations. Same store sales were up 11% and continues to have good momentum. They are transitioning their brand right now and it is going as expected. Unlock Premium - Try 5i Free

food stores
TOP PICK
Pays a 1.5% yield. 13% YOY sales growth and a large 12.8% free cash flow yield. Cash flow grew YOY 236%. Earnings to grow 7% this year and 5% in 2021 with a PE of 14.3x. (Analysts’ price target is $37.67)
food stores
COMMENT

Earnings miss? She owns Loblaws instead of Empire, who just commented how competition is increasing. The recent stock pullback might just be a re-calibration of earnings metrics following the release of an earnings miss.

food stores
COMMENT
Loblaw vs. Empire vs. Metro Owns none. It's a toss-up. Metro is the best. Loblaw has had fits and starts. Empire is the dark horse, bouncing back from operational problems. One is as good as the others. Metro is good for the very long-term. But Empire for the shorter-term.
food stores
TOP PICK
Sobeys is their largest brand. They have 350 retail gas stations as well as grocery stores. Earnings are expected to grow 43% next year. (Analysts’ price target is $39.33)
food stores
COMMENT
Metro vs. Empire She owns Loblaw instead. The sector is defensive, so it's done well this year. She likes Shoppers Drug Mart, hence Loblaw, for its cross-selling via their Optimum rewards card. She prefers Metro of the two here, but thinks Loblaw is better.
food stores
Showing 1 to 15 of 168 entries

Empire Company (A)(EMP.A-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Empire Company (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Empire Company (A)(EMP.A-T) Frequently Asked Questions

What is Empire Company (A) stock symbol?

Empire Company (A) is a Canadian stock, trading under the symbol EMP.A-T on the Toronto Stock Exchange (EMP.A-CT). It is usually referred to as TSX:EMP.A or EMP.A-T

Is Empire Company (A) a buy or a sell?

In the last year, 2 stock analysts published opinions about EMP.A-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Empire Company (A).

Is Empire Company (A) a good investment or a top pick?

Empire Company (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Empire Company (A).

Why is Empire Company (A) 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 Empire Company (A) worth watching?

2 stock analysts on Stockchase covered Empire Company (A) In the last year. It is a trending stock that is worth watching.

What is Empire Company (A) stock price?

On 2024-02-26, Empire Company (A) (EMP.A-T) stock closed at a price of $34.77.