TSE:LGT.B

66.95
0.03 (0.04%) 1d
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This summary was created by AI, based on 1 opinions in the last 12 months.

Logistec Corp is a marine cargo handling business with a strong position in the Great Lakes area and record results. It also operates in environmental services with a high backlog. The recent acquisition has made the stock very cheap, presenting a great opportunity for investors. It is a solid long-term investment with potential for growth and stability.

Consensus
Positive
Valuation
Undervalued
TOP PICK
Logistec Corp

It is in the marine cargo handling business with over 60 ports in North America. It recently made a very big acquisition which gives it a very strong position in the Great Lakes area. Has had record results of $4 per share and trades at10X P/E. They have owned it for many years and it hasn't been this cheap in a long time. The other side of the business is in environmental services including soil/water remediation and water pipe repairs - they have a record backlog. 

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PAST TOP PICK
Logistec Corp
(A Top Pick Jan 20/22, Down 9%)

Has owned if for 15 years and made 8x his money. Would buy it now. They unload cargo from ships, and business is booming in North American ports. Their environmental division is growing fast, owning proprietary tech to repair water pipes. Company has been reporting record results. The PE has never been lower at 10x.

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PAST TOP PICK
Logistec Corp
(A Top Pick Jan 20/22, Down 8%) They have owned this for 17 years. It is in the marine cargo business in 54 North American ports and business is booming - $450 million. They have had record results this year and he is expecting $900 million. It is also in the quickly growing environmental business and is involved in water infrastructure. It makes liners to fix water pipes thereby eliminating the need to tear streets up. It also has a mediation component. The company is well managed and is buying back shares.
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BUY
Logistec Corp
A very high quality, undervalued company with record results last week. Is in the business of loading and unloading ships and is directly connected with the energy and infrastructure fields. Marine cargo is booming. It is highly diversified and doing well on the environmental side too.
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TOP PICK
Logistec Corp
Strong business performance with recent supply chain problems. Share price should be around $60-70 (currently trading at $45). Only company on TSX that provides exposure to port infrastructure. Expecting record financial results. Strong environmental division involved in soil remediation. 12-13x P/E trading multiple. Business has very high barriers to entry.
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TOP PICK
Logistec Corp
Marine cargo handling. Business is booming. Also environmental division involved in water infrastructure technology and repair, soil remediation. Expecting record results in March. 12x PE. Hugely undervalued. Should easily go back to old highs of high $50s and surpass that. Well managed. Yield is 0.95%.
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TOP PICK
Logistec Corp
No price target They operate port terminal across the continent. So, there's great demand for their services, given the lack of port capacity. Pension funds buy and hold these kinds of infrastructure stocks. LGT enjoys nearly a monopoly and operates like a tolling business. Also, they have a renewable water business, given trends for clean drinking water and old piping systems in cities in North American that need upgrading. They boast a lot of free cash flow and trades at 7.5x EBITDA. It's not very liquid, but it's a hidden gem.
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TOP PICK
Logistec Corp
Marine cargo handling and environmental services. Both are doing very well. They stumbled on integration of an acquisition last year but those problems are largely behind them.
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PAST TOP PICK
Logistec Corp

(Top Pick Sep 22/16, Up 6%) Their volume of containers has expanded significantly. Their environmental business has record backlogs. It is a great entry point and he has been buying more. Very high barriers to entry. It is an infrastructure pay on two fronts.

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PAST TOP PICK
Logistec Corp

(A Top Pick March 22/16. Down 9%.) This has been one of his biggest winners over the last 10 years, going from $8 to $70. However, it has been treading water for the last 2 years or so. Last year was rough with marine cargo volumes being down. They’ve expanded some operations, so costs went up. Also, had a terrible fire in Georgia, which basically had them shut down for almost a year. Just came out with a very, very strong 4th quarter and announced some acquisitions and new contracts. In 2017 you are going to see this get back on the path of growing their top and bottom lines. This is still a Buy.

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TOP PICK
Logistec Corp

Pure infrastructure in ports and environmental services. They repair water pipes. Sales are growing at double digit rates. It has gone up 8 fold in the last 10 years. It came down last year. It is a great time to accumulate it. A very well managed company.

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BUY
Logistec Corp

(Market Call Minute) Brilliantly run.

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TOP PICK
Logistec Corp

His longest held position. It pulled back a little recently as they doubled the size of their Montreal container handling facility.

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BUY
Logistec Corp

A great opportunity to buy it now that it has come down. Their Aqua Liner business is gaining huge traction. They just doubled their container facilities in Montreal and one of their biggest customers is a marine cargo customer.

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BUY
Logistec Corp

He has owned for 9 years now. It is one of his biggest winners. They are doubling their container facility in the port of Montreal. Their pipe lining company has exploded. The stock has been re-valued.

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Logistec Corp(LGT.B-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

Stockchase rating for Logistec Corp 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.

Logistec Corp(LGT.B-T) Frequently Asked Questions

What is Logistec Corp stock symbol?

Logistec Corp is a Canadian stock, trading under the symbol LGT.B-T on the Toronto Stock Exchange (LGT.B-CT). It is usually referred to as TSX:LGT.B or LGT.B-T

Is Logistec Corp a buy or a sell?

In the last year, there was no coverage of Logistec Corp published on Stockchase.

Is Logistec Corp a good investment or a top pick?

Logistec Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Logistec Corp.

Why is Logistec Corp 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 Logistec Corp worth watching?

0 stock analysts on Stockchase covered Logistec Corp In the last year. It is a trending stock that is worth watching.

What is Logistec Corp stock price?

On 2024-01-08, Logistec Corp (LGT.B-T) stock closed at a price of $66.95.