Empire Company (A) (EMP.A-T) Stock Predictions - Stockchase
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Empire Company (A) (EMP.A-T)

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Maritimes

food stores

Empire Company (A)

EMP.A-T

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Empire Company (A) (EMP.A-T) SAVE Apr, 24, 2019, 5:11 pm

29.33 0.33 (1.11%)

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

Empire Company Limited is a Canadian conglomerate engaged mostly in food retail and corporate investments. The company is headquartered in Stellarton, Nova Scotia. Empire Company also owns the Sobeys supermarket chain. More at Wikipedia

What the experts are saying about EMP.A-T



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Signal Opinion Expert
PAST TOP PICK
(A Top Pick Jul 24/18, Up 15%) They are doing well in a tight competitive space and a candidate for purchase again. He does not own it today.
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(A Top Pick Jul 24/18, Up 15%) They are doing well in a tight competitive space and a candidate for purchase again. He does not own it today.
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Robert McWhirte

President, Selective Asset Mana...

Price Price
$30.370
Owned Owned
No

COMMENT
They expanded into western Canada and didn't do well, though earnings projections for this year and next promise increases. They're converting some stores to Freshco, a good move. This is a growth stock in a safe industry. Wishes the dividend were higher. It's a tough industry to be in. If you're worried about Alberta, then avoid this. EMP is making the right moves, though.
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They expanded into western Canada and didn't do well, though earnings projections for this year and next promise increases. They're converting some stores to Freshco, a good move. This is a growth stock in a safe industry. Wishes the dividend were higher. It's a tough industry to be in. If you're worried about Alberta, then avoid this. EMP is making the right moves, though.
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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$29.710
Owned Owned
Unknown

BUY on WEAKNESS
Empire Company (A)(EMP.A-T) 

December 3, 2018

He was very impressed by what they are doing when he met with them last week. They bought Farm Boy recently. They are looking carefully at their online strategy. They ran into problems with Safeway but have now turned around same store sales with it. The easy turnaround has been done and from here it will be a little more difficult. He might buy it on temporary weakness.
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He was very impressed by what they are doing when he met with them last week. They bought Farm Boy recently. They are looking carefully at their online strategy. They ran into problems with Safeway but have now turned around same store sales with it. The easy turnaround has been done and from here it will be a little more difficult. He might buy it on temporary weakness.
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$25.540
Owned Owned
Unknown

DON'T BUY
Empire Company (A)(EMP.A-T) 

September 20, 2018

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)

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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)

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Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$23.250
Owned Owned
No

TOP PICK

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)

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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)

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Robert McWhirte

President, Selective Asset Mana...

Price Price
$26.470
Owned Owned
Yes

COMMENT

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. 

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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. 

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Paul Harris, CF

Portfolio , Avenue Investment Ma...

Price Price
$26.610
Owned Owned
No

DON'T BUY

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.

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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.

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Tim Regan

Managing D, Kingwest & Company...

Price Price
$26.610
Owned Owned
No

DON'T BUY

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.

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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.

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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$26.500
Owned Owned
No

PAST TOP PICK

(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.

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(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.

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$24.800
Owned Owned
Yes

DON'T BUY

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.

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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.

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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$24.800
Owned Owned
Unknown

TOP PICK

This company owns Sobeys’, who acquired Safeway. They have turned things around and “Project Sunrise” is working to centralize things. Same-store traffic and margins are improving. They are doing very well in a very competitive sector. The stock now has momentum. Yield 1.7%. (Analysts’ price target is $28.28 )

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This company owns Sobeys’, who acquired Safeway. They have turned things around and “Project Sunrise” is working to centralize things. Same-store traffic and margins are improving. They are doing very well in a very competitive sector. The stock now has momentum. Yield 1.7%. (Analysts’ price target is $28.28 )

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$24.900
Owned Owned
Yes

TOP PICK
Empire Company (A)(EMP.A-T) 

January 26, 2018

A turnaround story. Groceries is a tough business. Sobey's has new management and more centralized control, along with cost cutting. (Analysts' price target is $28.)

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A turnaround story. Groceries is a tough business. Sobey's has new management and more centralized control, along with cost cutting. (Analysts' price target is $28.)

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$25.000
Owned Owned
Yes

DON'T BUY
Empire Company (A)(EMP.A-T) 

December 14, 2017

A year ago they went through a restructuring and then a big acquisition in Safeway.  They were left with a banner that had few discount brands in Western Canada, then tinkered with their loyalty program and that upset consumers.  Last quarter the results were not liked.  He used to have it but now prefers WN-T or L-T. 

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A year ago they went through a restructuring and then a big acquisition in Safeway.  They were left with a banner that had few discount brands in Western Canada, then tinkered with their loyalty program and that upset consumers.  Last quarter the results were not liked.  He used to have it but now prefers WN-T or L-T. 

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Michael Simpson

Senior Vic, Sentry Investments...

Price Price
$23.830
Owned Owned
No

WAIT
Empire Company (A)(EMP.A-T) 

December 14, 2017

This has been acting quite well recently, and doesn't know if this is a bottom or a top. It’s a good company. They made a mess of their acquisition in Alberta and have a plan to fix things. The multiple is extremely high. There’s been a lot of anticipation that this turnaround is going to happen more quickly than he thinks is possible. Looking into 2018 the stock looks fully priced. He isn’t a fan of the grocery business. Wait to see how well they do in turning things around in Alberta.

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This has been acting quite well recently, and doesn't know if this is a bottom or a top. It’s a good company. They made a mess of their acquisition in Alberta and have a plan to fix things. The multiple is extremely high. There’s been a lot of anticipation that this turnaround is going to happen more quickly than he thinks is possible. Looking into 2018 the stock looks fully priced. He isn’t a fan of the grocery business. Wait to see how well they do in turning things around in Alberta.

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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$23.830
Owned Owned
Unknown

DON'T BUY
Empire Company (A)(EMP.A-T) 

December 8, 2017

This has rebounded quite nicely off the low, and are showing signs that the turnaround is working. Whether to buy it today is a very tricky decision. He doesn’t think you can understate the impact of the on-line threat. They are dealing with razor thin margins, so what happens when they start shipping out their groceries at $10 a box. He would stay away from the whole group.

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This has rebounded quite nicely off the low, and are showing signs that the turnaround is working. Whether to buy it today is a very tricky decision. He doesn’t think you can understate the impact of the on-line threat. They are dealing with razor thin margins, so what happens when they start shipping out their groceries at $10 a box. He would stay away from the whole group.

food stores
0 0 0 0 0
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Veeral Khatri

Partner an, JC Clark...

Price Price
$25.850
Owned Owned
No

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