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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

Martinrea International Inc. (MRE-T) is a diversified supplier of automotive motor blocks and transmissions that has had ups and downs, but closed the year flat. There are headwinds in the auto industry, but the company is well-positioned in gas-engine cars and EVs, with 80% crossover shared between both. The stock is inexpensive and trades at 6-8x earnings, with growing cash reserves and retired debt. Some experts recommend a small position while others see upside potential of 30-40% with a stop-loss at $11. Overall, the stock appears to be attractive for the long term despite some uncertainties in the economy.

Consensus
Mixed
Valuation
Undervalued
Unspecified
Martinrea

It is very cheap. Many auto parts used in standard gas vehicles can also be used in EV's Also the migration to EV's will be slower than expected. The biggest risk is where auto sales are heading.

metal fabricators
RISKY
Martinrea

Current dividend yield is industry average. Current price looks inexpensive, but is cheap for a reason. Would recommend a small position. Valuation is attractive. 

metal fabricators
WAIT
Martinrea

Ups and downs, but closed the year flat just like many other things. Flashing a yellow, if not red, light. Wait and see how this economy thing goes.

metal fabricators
TOP PICK
Martinrea

True, there are headwinds in autos, but this trades at 3-4x operating cash flow and 8-9x forward PE. Also, they're huge in areas like aluminum parts. Are well-positioned in gas-engine cars and EVs; there's 80% crossover shared between both kinds of cars.

(Analysts’ price target is $19.34)
metal fabricators
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Martinrea
(A Top Pick Aug 31/23, Down 14.1%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with MRE has triggered its stop at $12. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 11%, when combined with previous recommendations. 

metal fabricators
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Martinrea
Stockchase Research Editor: Michael O'Reilly

Following reported earnings indicating revenues increasing 22% over the year, we reiterate MRE as a TOP PICK. Supply chain and semi-conductor supply issues are lessening for the automotive supplier.  It trades at 6x earnings and under book value.  We like that cash reserves are growing, while debt is retired.  We recommend trailing up the stop (from $11) to $12, looking to achieve $19 -- upside potential over 30%.  Yield 1.4%   

(Analysts’ price target is $19.22)
metal fabricators
HOLD
Martinrea

Is really cheap at 8s forward PE and 3x operating cash flow. They delivered this year. Their operating margins are rising. He took some shares off the table at $15, worried about consumer spending and growth. Union impact? Doesn't know about direct impact by unions, but watch for impact of unions on the bigger players, like Ford.

metal fabricators
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Martinrea
Stockchase Research Editor: Michael O'Reilly

We again reiterate MRE as a TOP PICK.  The auto industry supplier last reported record all-time sales and growing cash reserves as it retired debt.  It trades at 7x earnings and under book value.  Its dividend is backed by a payout ratio under 15% of cash flow.  We continue to recommend a stop-loss at $11, looking to achieve $19 -- upside potential of 40%.  Yield 1.4%

(Analysts’ price target is $19.38)
metal fabricators
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Martinrea
Stockchase Research Editor: Michael O'Reilly

We reiterate this diversified supplier of automotive motor blocks and transmissions as a TOP PICK.  Recently reported earnings showed sales were up over 12% on the year -- setting an all-time record.  The company reports shortages of semiconductors is being to ease, which should continue to aid earnings growth.  It trades at 6x earnings and under book value.  Cash reserves are growing, while debt is retired.  We continue to recommend a stop at $11, looking to achieve $19 -- upside potential of 43%.  Yield 1.5%

(Analysts’ price target is $19.38)
metal fabricators
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Martinrea
Stockchase Research Editor: Michael O’Reilly

This Canadian based auto and propulsion light parts manufacturer is firing on all cylinders — pardon the pun.  Recently reported earnings showed an all time record sales level - up 22% on the year.  Management reports restrictions in semi-conductor parts are starting to ease and most of their plants are operation at full capacity.  We like that cash reserves are growing as they retire debt.  We recommend setting a stop loss at $11.00, looking to achieve $18.50 — upside potential of 37%.  Yield 1.49%

(Analysts’ price target is $18.44)
metal fabricators
BUY
Martinrea

He does think there's some benefit in parts/repair. These companies are better value and have more upside. Interest rates will be challenging for a bigger purchase like a car. People who buy cars also tend to have mortgages. That's why he favours parts companies over the auto makers.

metal fabricators
BUY ON WEAKNESS
Martinrea

Good time to buy shares.
Car demand growing.
Current share price presenting good buying opportunity.
Cyclical business so not a good long term hold.


metal fabricators
PAST TOP PICK
Martinrea
(A Top Pick Dec 21/21, Up 6%) Very tough year for auto stocks. Consumer discretionary business will be tough in the coming year. Low supply due to chip shortage will be silver lining as economy enters recession (don't have too much inventory). Very cheap price for the stock and will continue to own stock.
metal fabricators
PAST TOP PICK
Martinrea
(A Top Pick Oct 04/21, Down 22%) The chip shortage and rising labour costs have hurt this stock. It has disappointed. But it's cheaper now in terms of PE and cash flow. Their last quarter was pretty good. Auto inventories are low, so he sees no shortage of business for them.
metal fabricators
HOLD
Martinrea
Valuation is incredibly depressed. Tough road ahead, potential recession. Buffer of safety with their backlog. Stick with it. Increased OEM production should benefit earnings and guidance in coming quarters.
metal fabricators
Showing 1 to 15 of 305 entries

Martinrea(MRE-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 Martinrea 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.

Martinrea(MRE-T) Frequently Asked Questions

What is Martinrea stock symbol?

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

Is Martinrea a buy or a sell?

In the last year, 3 stock analysts published opinions about MRE-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 Martinrea.

Is Martinrea a good investment or a top pick?

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

Why is Martinrea 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 Martinrea worth watching?

3 stock analysts on Stockchase covered Martinrea In the last year. It is a trending stock that is worth watching.

What is Martinrea stock price?

On 2024-05-24, Martinrea (MRE-T) stock closed at a price of $11.97.