Martinrea

MRE-T

TSE:MRE

12.71
0.39 (2.98%)
Martinrea International Inc. develops and produces metal parts, assemblies, modules, fluid-management systems and complex aluminum parts, primarily for the automotive sector.
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Analysis and Opinions about MRE-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 19, 2020
A great company with a nice dividend and good earnings. Unfortunately it does not have enough upside for him. Not his kind of investing -- he likes to see 100% upside potential.
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Martinrea (MRE-T)
February 19, 2020
A great company with a nice dividend and good earnings. Unfortunately it does not have enough upside for him. Not his kind of investing -- he likes to see 100% upside potential.
COMMENT
COMMENT
January 31, 2020
LNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
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Martinrea (MRE-T)
January 31, 2020
LNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
BUY
BUY
January 23, 2020
The whole auto space is a little weak these days. This one is lower than the group. One day the growth will be back. There is nothing wrong with this one. It could be taken out.
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Martinrea (MRE-T)
January 23, 2020
The whole auto space is a little weak these days. This one is lower than the group. One day the growth will be back. There is nothing wrong with this one. It could be taken out.
DON'T BUY
DON'T BUY
August 20, 2019
Not safe, because they're a car parts-maker that is directly tied to the wider economy. It's a tough business that's getting tougher, because of radical changes in the industry. For example, car makes trucks now, not cars. The companies are merging and getting out of production, which hurts suppliers like MRE. Demand? His kids don't drive cars, for example. Also, e-cars don't need MRE's parts, and e-car production will accelerate.
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Martinrea (MRE-T)
August 20, 2019
Not safe, because they're a car parts-maker that is directly tied to the wider economy. It's a tough business that's getting tougher, because of radical changes in the industry. For example, car makes trucks now, not cars. The companies are merging and getting out of production, which hurts suppliers like MRE. Demand? His kids don't drive cars, for example. Also, e-cars don't need MRE's parts, and e-car production will accelerate.
TOP PICK
TOP PICK
August 12, 2019
A value play, though auto parts are out of favour. MRE have been growing their margins very well in recent years. They are the least-exposed to Asia (are North American-focussed) vs. its peers. MRE is focussed on "light weighting" aluminium parts for cars to make the cars of the big carmakers lighter which promotes fuel efficiency in those cars. Trades at a cheap 4x earnings, the cheapest in over a decade. Good balance sheet and are buying back shares. (Analysts’ price target is $16.71)
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Martinrea (MRE-T)
August 12, 2019
A value play, though auto parts are out of favour. MRE have been growing their margins very well in recent years. They are the least-exposed to Asia (are North American-focussed) vs. its peers. MRE is focussed on "light weighting" aluminium parts for cars to make the cars of the big carmakers lighter which promotes fuel efficiency in those cars. Trades at a cheap 4x earnings, the cheapest in over a decade. Good balance sheet and are buying back shares. (Analysts’ price target is $16.71)
DON'T BUY
DON'T BUY
April 2, 2019
Struggles with the auto companies in general. Decided to avoid them because of disruption in the space. For example, Lyft has a much bigger market cap than Ford. If more people ride-share, fewer cars are sold, but Martinrea makes parts for cars.
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Martinrea (MRE-T)
April 2, 2019
Struggles with the auto companies in general. Decided to avoid them because of disruption in the space. For example, Lyft has a much bigger market cap than Ford. If more people ride-share, fewer cars are sold, but Martinrea makes parts for cars.
PAST TOP PICK
PAST TOP PICK
December 28, 2018
(A Top Pick Jan 05/18, Down 32%) The auto parts sector is slowing and there is concern about lease financing. He sees Lyft, Uber and mass transit is having a long term impact on the industry.
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Martinrea (MRE-T)
December 28, 2018
(A Top Pick Jan 05/18, Down 32%) The auto parts sector is slowing and there is concern about lease financing. He sees Lyft, Uber and mass transit is having a long term impact on the industry.
DON'T BUY
DON'T BUY
December 11, 2018
She doesn't follow this closely. She owns nothing in auto parts, because the U.S. auto cycle has likely peaked and things in Europe are slowing.
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Martinrea (MRE-T)
December 11, 2018
She doesn't follow this closely. She owns nothing in auto parts, because the U.S. auto cycle has likely peaked and things in Europe are slowing.
DON'T BUY
DON'T BUY
November 28, 2018
Considering the GM plant shutdown He held auto parts stocks for several years until the spring. He no lonege own this. This sector has had poor price momentum, and he sees continued pressure even after NAFTA being resolved. It's cheap at 5x PE. Has the weaker balance sheet vs. Magna and Linamar.
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Martinrea (MRE-T)
November 28, 2018
Considering the GM plant shutdown He held auto parts stocks for several years until the spring. He no lonege own this. This sector has had poor price momentum, and he sees continued pressure even after NAFTA being resolved. It's cheap at 5x PE. Has the weaker balance sheet vs. Magna and Linamar.
PAST TOP PICK
PAST TOP PICK
October 11, 2018

(A Top Pick Oct 6/17, Down 2%) He sold it back in July. There were great concerns regarding NAFTA.

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Martinrea (MRE-T)
October 11, 2018

(A Top Pick Oct 6/17, Down 2%) He sold it back in July. There were great concerns regarding NAFTA.

BUY
BUY
October 4, 2018

Stick with it. They benefit from the NAFTA deal this week. Cheap. The best player in aluminum use in lightweight cars. Margins rising. Trading at 7x forward earnings. They're doing a good job. Their price is the best of the group.

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Martinrea (MRE-T)
October 4, 2018

Stick with it. They benefit from the NAFTA deal this week. Cheap. The best player in aluminum use in lightweight cars. Margins rising. Trading at 7x forward earnings. They're doing a good job. Their price is the best of the group.

COMMENT
COMMENT
July 24, 2018

All three of the auto parts makers--Martinrea, Linamar (LNR-T) and Magna (MG-T) are at significant risk if the US imposes its auto tariff. Setting aside the risk, MRE ranks better in his database than the other two. He sold MRE and LNR in order to lock in his profits as the price declined. He may soon sell Magna. He will not consider buying them until their prices start to improve.

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Martinrea (MRE-T)
July 24, 2018

All three of the auto parts makers--Martinrea, Linamar (LNR-T) and Magna (MG-T) are at significant risk if the US imposes its auto tariff. Setting aside the risk, MRE ranks better in his database than the other two. He sold MRE and LNR in order to lock in his profits as the price declined. He may soon sell Magna. He will not consider buying them until their prices start to improve.

COMMENT
COMMENT
July 24, 2018

Of the three Canadian auto parts makers, MRE is #3. After some struggle, MRE has been running well the past five years. It lacks the leading edge technology of its peers. All three are being effected by politics (Trump's tariff threats). He owns Linamar instead. MRE is cheap now, but these companies are fighting current headlines. That said, he likes the stock. It has good fundamentals.

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Martinrea (MRE-T)
July 24, 2018

Of the three Canadian auto parts makers, MRE is #3. After some struggle, MRE has been running well the past five years. It lacks the leading edge technology of its peers. All three are being effected by politics (Trump's tariff threats). He owns Linamar instead. MRE is cheap now, but these companies are fighting current headlines. That said, he likes the stock. It has good fundamentals.

PAST TOP PICK
PAST TOP PICK
July 6, 2018

(A Top Pick March 30, 2017. Up 32%). Trade talks have hurt the auto parts companies. However, Martinrea has as much production in the US and Mexico as Canada. This is one of the cheapest stocks in Canada. The trade dispute fears are baked into the price.

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Martinrea (MRE-T)
July 6, 2018

(A Top Pick March 30, 2017. Up 32%). Trade talks have hurt the auto parts companies. However, Martinrea has as much production in the US and Mexico as Canada. This is one of the cheapest stocks in Canada. The trade dispute fears are baked into the price.

TOP PICK
TOP PICK
June 5, 2018

Has a low multiple, 6.7x, compared to the market. E-cars and NAFTA are two worries, but MRE has 41% of its production facilities are in the U.S. and sells 35-40% of its production to America. MRE has little NAFTA exposure. (Analysts' price target: $20.50)

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Martinrea (MRE-T)
June 5, 2018

Has a low multiple, 6.7x, compared to the market. E-cars and NAFTA are two worries, but MRE has 41% of its production facilities are in the U.S. and sells 35-40% of its production to America. MRE has little NAFTA exposure. (Analysts' price target: $20.50)

SELL
SELL
May 25, 2018

It was lagging for a while, then picked up over $16. It's done really well. He sold his shares too early. But with NAFTA worries, he'd trim holdings now.

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Martinrea (MRE-T)
May 25, 2018

It was lagging for a while, then picked up over $16. It's done really well. He sold his shares too early. But with NAFTA worries, he'd trim holdings now.

BUY
BUY
May 8, 2018

He loves this stock. It moved up a while ago and keeps firing on all cylinders. He read a research report recently that indicated an upside of $27--assuming the demand for cars stays strong.

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Martinrea (MRE-T)
May 8, 2018

He loves this stock. It moved up a while ago and keeps firing on all cylinders. He read a research report recently that indicated an upside of $27--assuming the demand for cars stays strong.

DON'T BUY
DON'T BUY
April 9, 2018

Exceptional world class business. He finds auto parts challenging. However they are well run and are a good performing stock.

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Martinrea (MRE-T)
April 9, 2018

Exceptional world class business. He finds auto parts challenging. However they are well run and are a good performing stock.

PAST TOP PICK
PAST TOP PICK
February 15, 2018

(A Top Pick Feb 13’17, Up 71.07%) It has always been a big winner. After the US election it was down. This one worked okay. He still believes in it.

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Martinrea (MRE-T)
February 15, 2018

(A Top Pick Feb 13’17, Up 71.07%) It has always been a big winner. After the US election it was down. This one worked okay. He still believes in it.

PAST TOP PICK
PAST TOP PICK
January 26, 2018

(A Top Pick Nov 23/17. Up 3%.) This is still very strong. It is going a little bit sideways. He still likes it. It is in a holding pattern going sideways after its big run up, and is in a "trend continuation" pattern.

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Martinrea (MRE-T)
January 26, 2018

(A Top Pick Nov 23/17. Up 3%.) This is still very strong. It is going a little bit sideways. He still likes it. It is in a holding pattern going sideways after its big run up, and is in a "trend continuation" pattern.

COMMENT
COMMENT
January 24, 2018

This has done phenomenally well. In the auto parts space, there is the big story of peak auto, with North American auto production going down. In Q4 production was down 6%. In this company's case, they have a nice ability of being able to grow because of cost cutting. They’ve really been executing on their business plan, and made a number of investments that are starting to pay off. She thinks the shares will go higher.

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Martinrea (MRE-T)
January 24, 2018

This has done phenomenally well. In the auto parts space, there is the big story of peak auto, with North American auto production going down. In Q4 production was down 6%. In this company's case, they have a nice ability of being able to grow because of cost cutting. They’ve really been executing on their business plan, and made a number of investments that are starting to pay off. She thinks the shares will go higher.

DON'T BUY
DON'T BUY
January 15, 2018

It has taken off pretty significantly in the last number of months. Looking at the 10 year picture, it has broken out here. It would be bad news if it dropped back into the range it broke out of. It has to stay above $14 and then there will be room to the upside. This could waver a bit based on what happens with NAFTA.

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Martinrea (MRE-T)
January 15, 2018

It has taken off pretty significantly in the last number of months. Looking at the 10 year picture, it has broken out here. It would be bad news if it dropped back into the range it broke out of. It has to stay above $14 and then there will be room to the upside. This could waver a bit based on what happens with NAFTA.

TOP PICK
TOP PICK
January 5, 2018

This has risen 30% since he talked about it Nov 15/17, but thinks it is still attractive. On March 1, they are expected to report a 31% increase in the year-over-year earnings. Trades at 5.4 enterprise value to EBITDA on a trailing basis against 15% EBITDA growth. Dividend yield of 0.8%. (Analysts' price target is $17.)

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Martinrea (MRE-T)
January 5, 2018

This has risen 30% since he talked about it Nov 15/17, but thinks it is still attractive. On March 1, they are expected to report a 31% increase in the year-over-year earnings. Trades at 5.4 enterprise value to EBITDA on a trailing basis against 15% EBITDA growth. Dividend yield of 0.8%. (Analysts' price target is $17.)

HOLD
HOLD
December 29, 2017

Chart shows there has been a bit of a downtrend over the years, but starting in March of this year, it had a very, very healthy breakout. It is currently at the highest point it has reached in 5 years, which means it will probably go even higher. If he had to pick an exit point, it would probably $20 or $21, but it is really too early to say. If you own, keep riding the uptrend, and use a 10% Trailing Stop.

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Martinrea (MRE-T)
December 29, 2017

Chart shows there has been a bit of a downtrend over the years, but starting in March of this year, it had a very, very healthy breakout. It is currently at the highest point it has reached in 5 years, which means it will probably go even higher. If he had to pick an exit point, it would probably $20 or $21, but it is really too early to say. If you own, keep riding the uptrend, and use a 10% Trailing Stop.

SELL STRENGTH
SELL STRENGTH
December 27, 2017

Linamar (LNR-T) vs Magna (MG-T) vs Martinrea (MRE-T) Has a small position in Magna (MG-T) which is the largest of the three. At this point in the auto cycle in North America, would be very hesitant about adding more. Thinks the bump up in number of vehicles in North America is plateauing. Very cyclical. You can see earnings and cash flow really degrade quickly rapidly. It’s one he would be careful and look for opportunities to sell on strong.

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Martinrea (MRE-T)
December 27, 2017

Linamar (LNR-T) vs Magna (MG-T) vs Martinrea (MRE-T) Has a small position in Magna (MG-T) which is the largest of the three. At this point in the auto cycle in North America, would be very hesitant about adding more. Thinks the bump up in number of vehicles in North America is plateauing. Very cyclical. You can see earnings and cash flow really degrade quickly rapidly. It’s one he would be careful and look for opportunities to sell on strong.

TOP PICK
TOP PICK
November 23, 2017

Because of the NAFTA overhang, this has had a very low valuation. However, it is a very good company. Has a very strong position in “light waiting”, the auto sector manufacturers that try to make cars lighter and lighter and be more energy efficient, but still strong. Margin improvement has been very good. In spite of the strong rise in the stock price, it is still cheap at 7X Forward Earnings. Dividend yield of 0.8%. (Analysts’ price target is $17.00.)

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Martinrea (MRE-T)
November 23, 2017

Because of the NAFTA overhang, this has had a very low valuation. However, it is a very good company. Has a very strong position in “light waiting”, the auto sector manufacturers that try to make cars lighter and lighter and be more energy efficient, but still strong. Margin improvement has been very good. In spite of the strong rise in the stock price, it is still cheap at 7X Forward Earnings. Dividend yield of 0.8%. (Analysts’ price target is $17.00.)

PAST TOP PICK
PAST TOP PICK
November 6, 2017

(A Top Pick Nov 16/16. Up 88%.) If you have a cheap stock, just be patient with it. In this case, this was just a cheap stock trading at about 6 or 7 times earnings, 3 times operating cash flow.

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Martinrea (MRE-T)
November 6, 2017

(A Top Pick Nov 16/16. Up 88%.) If you have a cheap stock, just be patient with it. In this case, this was just a cheap stock trading at about 6 or 7 times earnings, 3 times operating cash flow.

TOP PICK
TOP PICK
October 6, 2017

They use Memex as real-time manufacturing software to improve productivity. Shares have gone up and there is more to come. Dividend yield of 1%. (Analysts’ price target is $15.50.)

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Martinrea (MRE-T)
October 6, 2017

They use Memex as real-time manufacturing software to improve productivity. Shares have gone up and there is more to come. Dividend yield of 1%. (Analysts’ price target is $15.50.)

TOP PICK
TOP PICK
August 25, 2017

They are doing a great job. They ended up having earnings up 27% last report. They are the best earnings to date. The stock is cheap and attractive. (Analysts’ target: $15.50).

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Martinrea (MRE-T)
August 25, 2017

They are doing a great job. They ended up having earnings up 27% last report. They are the best earnings to date. The stock is cheap and attractive. (Analysts’ target: $15.50).

COMMENT
COMMENT
August 21, 2017

It has done well. Auto parts. It is probably still good value here. They are gaining market share. His concern is the cycle nearing the end. He is concerned we are getting close to the end of the cycle. The business is being well managed.

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Martinrea (MRE-T)
August 21, 2017

It has done well. Auto parts. It is probably still good value here. They are gaining market share. His concern is the cycle nearing the end. He is concerned we are getting close to the end of the cycle. The business is being well managed.

Showing 1 to 30 of 262 entries

Martinrea(MRE-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 4

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, 4 stock analysts published opinions about MRE-T. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Benj Gallander on 2020-02-19. 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?

4 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 2020-02-21, Martinrea (MRE-T) stock closed at a price of $12.71.