Buy, Sell or Hold: Leon's Furniture (LNF-T) — Stock Predictions at Stockchase

TSE:LNF

15.73

0.93 (5.58%) 1d

Showing 1 to 15 of 62 entries

COMMENT

He hasn't looked at this for a while. The growth rate isn't high enough for him, though it did well during the pandemic. Well-managed and established. This stock won't hurt you to own.

specialty stores

PAST TOP PICK

(A Top Pick Dec 15/20, Up 35%) Pandemic pulled a lot of demand forward. There might be a kind of weird recession after all this spending. After staying at home, people are probably anxious to do activities away from home. He's now sitting back to see how this all shakes out.

specialty stores

HOLD

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

specialty stores

BUY

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

specialty stores

TOP PICK

Has owned this since 2004. Tremendous upside. They really expanded their e-commerce and now makes up 10% of sales. When people can't travel, they buy furniture. Also, they hold $800 million in real estate that one day they can spin out. Also, they have no doubt. The family owns 75% of stock. Margins are rising. Targets $25-30. (Analysts’ price target is $22.25)

specialty stores

PAST TOP PICK

(A Top Pick Dec 13/19, Up 27%) It surprisingly became a Covid stock as people bought a lot of home furnishings. Still likes it. They did e-commerce right.

specialty stores

TOP PICK

A good business with a decent valuation. No debt. Net cash. Their real estate is worth a lot. He forecasts $250-300 million free cash flow in a year, if they're successful. This is making a ton of money. This should hit $25-30. (Analysts’ price target is $22.25)

specialty stores

BUY

vs. Canadian Tire Canadian Tire: A short report recently has pressured shares and are now under 10x earnings, cheap. Their problem is that they were slow getting e-commerce. If you don't have good e-commerce, a store is treading water. But the bad news is already priced into the stock price. He prefers Leon's Furniture for buying the Brick and paying off most of that debt. Good return on capital and huge insider ownership.

specialty stores

TOP PICK

Because of indexing, it's fantastic.. The incremental dollar goes into the biggest companies. No body is looking at it right now. Great valuation and dividend. Could get up to $20. (Analysts’ price target is $19.00)

specialty stores

TOP PICK

The best in a bad business. Sensitive to recession. They will eventually do something with their land holdings and this will bump up their value eventually. Yield 3.68% (Analysts’ price target is $18.50)

specialty stores

TOP PICK

They purchased the Brick a while ago. They are sitting on a nice cash flow position -- about 12% free cash flow yield. Payout ratio on the dividend is 38%. All they need to do to be successful going forward is buy back some shares and increase the dividend. Yield 3.68% (Analysts’ price target is $18.00)

specialty stores

HOLD

Don't need to rush in to this name. Hard to be excited about the growth potential in the housing market now. So he is not sure where their growth is going to come from. They are partnering with Shopify now which might help. They have a high market share in their market.

specialty stores

PAST TOP PICK

(A Top Pick Feb 07/18, Down 20%) They reported light on their earnings, but they have an underlying $800 million real estate value and they can trigger that. They have no debt and are integrating the Brick stores well. Very cheap, worth $5-6 more just on the real estate.

specialty stores

PAST TOP PICK

(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.

specialty stores

WAIT

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.

specialty stores

Showing 1 to 15 of 62 entries

Leon's Furniture(LNF-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Leon's Furniture 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.

Leon's Furniture(LNF-T) Frequently Asked Questions

What is Leon's Furniture stock symbol?

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

Is Leon's Furniture a buy or a sell?

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.

Is Leon's Furniture a good investment or a top pick?

Leon's Furniture was recommended as a Top Pick by on . Read the latest stock experts ratings for Leon's Furniture.

Why is Leon's Furniture 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 Leon's Furniture worth watching?

3 stock analysts on Stockchase covered Leon's Furniture In the last year. It is a trending stock that is worth watching.

What is Leon's Furniture stock price?

On 2022-06-30, Leon's Furniture (LNF-T) stock closed at a price of $15.73.

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