Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Would not do anything for their tender offer. They have committed to buying back $200M of their shares. The stock is cheap with a good outlook. The company knows its business and is committing $200M to prove the stock is undervalued. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Comfortable with a long-term position with its strong market share. Trading at 10x forward earnings, which is cheap compared to its history. This gives some downside protection. They announced a 10% stock buyback plan. Supply chain issues seem largely priced in. Unlock Premium - Try 5i Free
(A Top Pick August 3/2017, Up 4%) A cult stock. Not that liquid. Great company, along with the Brick. A tough business, but they are the best. Own a ton of real estate under the business, which they will eventually do something with. Hard to buy furniture online, so they have some protection. Earnings next week, he’s assuming decent numbers.
Done right, furniture is a great business. Most of them are private because they generate so much cash that they don’t need to go public. Leon’s is one of the best furniture businesses in the country. However, the furniture business is cyclical with the housing market. To the extent that housing purchases or renovations might slow down, this company will suffer. At this time, investors should wait to buy it later. It is a great business, but the cycle is turning.
Leon's Furniture is a Canadian stock, trading under the symbol LNF-T on the Toronto Stock Exchange (LNF-CT). It is usually referred to as TSX:LNF or LNF-T
In the last year, 3 stock analysts published opinions about LNF-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 Leon's Furniture.
Leon's Furniture was recommended as a Top Pick by on . Read the latest stock experts ratings for Leon's Furniture.
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.
3 stock analysts on Stockchase covered Leon's Furniture In the last year. It is a trending stock that is worth watching.
On 2022-06-30, Leon's Furniture (LNF-T) stock closed at a price of $15.73.