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.
He doesn’t like the grocery business. There is no room for error. Well run companies, but not an area that he wants to put client’s money in. Not a growth story. (Analysts’ price target is $28.82)
He doesn’t like the grocery business. There is no room for error. Well run companies, but not an area that he wants to put client’s money in. Not a growth story. (Analysts’ price target is $28.82)
This is the parent of Sobeys. They are shaving costs. Earnings have been growing phenomenally even though sales are almost flat. They offer a 1.7% dividend and have a 6.1% free cash flow yield with strong projected earnings growth. (Analysts’ price target is $29.18)
This is the parent of Sobeys. They are shaving costs. Earnings have been growing phenomenally even though sales are almost flat. They offer a 1.7% dividend and have a 6.1% free cash flow yield with strong projected earnings growth. (Analysts’ price target is $29.18)
They own Loblaw Cos Ltd (L-T) because they think it has better dynamics. They are going through a rationalization process like the one that Loblaw Cos Ltd (L-T) went through. The Safeway acquisition wasn’t so well executed. Tough business.
They own Loblaw Cos Ltd (L-T) because they think it has better dynamics. They are going through a rationalization process like the one that Loblaw Cos Ltd (L-T) went through. The Safeway acquisition wasn’t so well executed. Tough business.
He has owned it in the past. They had a good run and a year ago put in a plan to cut costs from their business. They have razor thin margins. It is a very competitive business. He does not like to buy these kinds of businesses. EMP-T also has CCR.UN-T REIT but you are in an industry that is so highly competitive with AMZN-Q and so on that it is hard to own it at this price.
He has owned it in the past. They had a good run and a year ago put in a plan to cut costs from their business. They have razor thin margins. It is a very competitive business. He does not like to buy these kinds of businesses. EMP-T also has CCR.UN-T REIT but you are in an industry that is so highly competitive with AMZN-Q and so on that it is hard to own it at this price.
Numbers are vastly improved. He tries to stay away from retail, especially food retail. Now in a period where tariffs are being tossed around. Has had a nice recovery, but leery of buying now. Good company, well managed, but can’t get enthused.
Numbers are vastly improved. He tries to stay away from retail, especially food retail. Now in a period where tariffs are being tossed around. Has had a nice recovery, but leery of buying now. Good company, well managed, but can’t get enthused.
(Past Top Pick on January 26, 2018, Down 0.4%) He believes this will do well. Since last September, it's seen an up channel. He continues to prefer this over the other Canadian grocers. Good management with a program to expand revenue in the next three years. He doesn't fear a challenge from online grocery shopping--he wants to feel tomatoes before he buys them.
(Past Top Pick on January 26, 2018, Down 0.4%) He believes this will do well. Since last September, it's seen an up channel. He continues to prefer this over the other Canadian grocers. Good management with a program to expand revenue in the next three years. He doesn't fear a challenge from online grocery shopping--he wants to feel tomatoes before he buys them.
He has a price target of $30 on this and the fair market value is only about $32. Despite the turnaround in this company it has not created a tremendous amount of value. It has a strong technical resistance point about two times book value.
He has a price target of $30 on this and the fair market value is only about $32. Despite the turnaround in this company it has not created a tremendous amount of value. It has a strong technical resistance point about two times book value.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
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
In the last year, 2 stock analyst published opinions about EMP.A-T. 2 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Empire Company (A).
Empire Company (A) was recommended as a Top Pick by Christine Poole on 2019-12-13. Read the latest stock experts ratings for Empire Company (A).
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.
2 stock analyst on Stockchase covered Empire Company (A) In the last year. It is a trending stock that is worth watching.
On 2020-04-03, Empire Company (A) (EMP.A-T) stock closed at a price of $27.8.
