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TSE:RECP

18.39
0.07 (0.38%) 1d
0
Showing 1 to 15 of 35 entries
HOLD
The old Cara operations. It has made some excellent acquisitions, including TheKeg restaurant chain. The problem is they hold a lot of assets in Alberta. The latest quarter was also impacted by the cold winter this year. He will continue to hold.
food services
PAST TOP PICK
(A Top Pick Nov 21/17, Up 13%) Swiss Chalet, St. Huber and The Keg. They brought in new management and made the two good acquisitions. They should report results any day now and he would stick with this one.
food services
PAST TOP PICK

(A top pick October 25/17, up 10%) Name changed when they amalgamated with other restaurant brands. He likes this space. Consumer spending in this space is high. At this point, he would look at diversifying out of this and buying some other names that are down 15 or 20%.

food services
PAST TOP PICK

(A Top Pick September 27, 2017. Up 22%). This was called Cara. It owns Swiss Chalet and is the largest restaurant chain in Canada. The company suffered after he bought it because of the downturn in the economy in Alberta. Restaurants are heavily dependent on growth in same-store sales, which suffer in a downturn. Recipe Unlimited countered this in three smart ways: (1) They bought St-Hubert in Quebec, which diversified their market and gave them a strong brand; (2) They bought the Keg, which moved them upscale with a very good growth profile; (3) They brought in a new CEO with a very good track record. The company is still Ontario-centric, but much less than it used to be.

food services
TOP PICK

They are one of the largest restaurant operators in Canada. Their portfolio of brands is very hard to replicate. They have started to grow same store sales. They will continue to try to be acquisitive. (Analysts’ target: $32.61).

food services
PAST TOP PICK

(A Top Pick Oct 25/17, Up 13%) Shortly after he was on they did an acquisition of The Keg and that will work out well for them. He has taken some profits and now thinks there is better value out there. He would take profits.

food services
BUY

Formerly, Cara Operations. It has been a turnaround stock that faced headwinds with falling oil prices in Alberta. They have improved with a good acquisition in Quebec and recently purchased Hy’s Steak Houses across Canada. Same restaurant sales have been growing and they have invested in the ambience of the locations and he thinks that will attract patrons.

food services
BUY

Same store sales suffered when people weren't going out to restaurants in western Canada. They made some interesting acquisitions in Quebec and Ontario. They most recently purchased The Keg. He likes the stock here.

food services
BUY

His second largest holding. They double down on it a few months ago. The country’s largest restaurant and casual dining chain. It was suffering because its exposure to Alberta mainly. They made a couple of very good acquisitions (most recently The Keg). They are reporting better to expected earnings and metrics and the stock responded accordingly but till a cheap stock.

food services
PAST TOP PICK

(A Top Pick Feb. 10/17 Down 1%) The largest full service restaurant chain in Canada. Early in 2018 the stock rallied after an acquisition in Quebec. They have announced the acquisition of the Keg operations company. They have a large Alberta exposure, which is slowly improving.

food services
PAST TOP PICK

(A Top Pick Feb 10/17, Up 2%) It got hurt because same store sales had gone down. They have been refreshing some of their older restaurants. It is excellent value here.

food services
PAST TOP PICK

(A Top Pick Dec 9/16. Up 3%.) This really hasn't come to fruition yet. He chose it for its discounted valuation. Trading at around 9X versus same restaurant peers that are trading around 15X that have growth. It has been impacted by minimum wage hikes. He is looking for 3% restaurant sales growth over 2018 from a rebound in Calgary and the strong Québec. A very good name to be owning.

food services
TOP PICK

The largest restaurant chain in Canada, and have grown quite a bit by acquisition. The stock went public and it was a market darling until it got overpriced. Then with the downturn in Alberta, oil prices started to tumble and people stopped going, so same-store sales took a big hit. That is now starting to stabilize. They’ve made some acquisitions which have diversified them. Valuation is very reasonable. Dividend yield of 1.6%. (Analysts’ price target is $26.)

food services
TOP PICK

A conglomerate of restaurants that are milestones. This was in a downtrend, but had some decent earnings. Announced an acquisition of Pickle Barrel restaurants in Ontario and Québec. It seems the franchise options work and make money, so he is looking for 15%-20% upside from current levels. (Analysts’ price target is $27.)

food services
TOP PICK

Has been suffering lately. It went from being overpriced to being hugely underpriced. Part of the reason is that they have a good set of their operations in Alberta, and the weakness in the energy patch has hurt sales. Recently they’ve suffered by negative same store sales, which apparently has now turned positive. They’ll be hurt by rising minimum wages in Alberta and Ontario. Dividend yield 1.7%. (Analysts’ price target is $27.)

food services
Showing 1 to 15 of 35 entries

Recipe Unlimited Corporation(RECP-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 Recipe Unlimited Corporation 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.

Recipe Unlimited Corporation(RECP-T) Frequently Asked Questions

What is Recipe Unlimited Corporation stock symbol?

Recipe Unlimited Corporation is a Canadian stock, trading under the symbol RECP-T on the Toronto Stock Exchange (RECP-CT). It is usually referred to as TSX:RECP or RECP-T

Is Recipe Unlimited Corporation a buy or a sell?

In the last year, there was no coverage of Recipe Unlimited Corporation published on Stockchase.

Is Recipe Unlimited Corporation a good investment or a top pick?

Recipe Unlimited Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Recipe Unlimited Corporation.

Why is Recipe Unlimited Corporation 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 Recipe Unlimited Corporation worth watching?

0 stock analysts on Stockchase covered Recipe Unlimited Corporation In the last year. It is a trending stock that is worth watching.

What is Recipe Unlimited Corporation stock price?

On 2021-12-07, Recipe Unlimited Corporation (RECP-T) stock closed at a price of $18.39.