Metro Inc (A) | StockChase
130
Metro Inc (A) (MRU-T)

Last Price Recorded: $44.3100 on 2018-06-16

ON STOCKCHASE SINCE Jun 2001

Quebec, Northern Ontario

food stores
130
Metro Inc (A) (MRU-T)

Last Price Recorded: $44.3100 on 2018-06-16

ON STOCKCHASE SINCE Jun 2001

Quebec, Northern Ontario

food stores

Metro Inc (A)


Signal Opinion Expert
PAST TOP PICK
Metro Inc (A)(MRU-T) 

February 14, 2018

(A Top Pick March 15, 2017 Down 3.4%)   He still believes this is a well-run company.  They sold some of the position during a recent rally.  Competition has heated up especially with home delivery and he will size his position accordingly.

food stores

(A Top Pick March 15, 2017 Down 3.4%)   He still believes this is a well-run company.  They sold some of the position during a recent rally.  Competition has heated up especially with home delivery and he will size his position accordingly.

food stores
Stephen Groff

Principal , Cambridge Global Ass...

Price Price
$38.900
Owned Owned
Yes

TOP PICK
Metro Inc (A)(MRU-T) 

November 15, 2017

Produces about 3% free cash flow yield, which translates into $287 million worth of free cash flow over the last 12 months. Trades at 0.9 Enterprise Value to Trailing Sales, versus 6% year-over-year sales growth, so the EV to sales to sales growth is .15 which is a C+ compared to the database. Dividend yield of 1.6%. (Analysts’ price target is $46.)

food stores

Produces about 3% free cash flow yield, which translates into $287 million worth of free cash flow over the last 12 months. Trades at 0.9 Enterprise Value to Trailing Sales, versus 6% year-over-year sales growth, so the EV to sales to sales growth is .15 which is a C+ compared to the database. Dividend yield of 1.6%. (Analysts’ price target is $46.)

food stores
Robert McWhirte

President, Selective Asset Mana...

Price Price
$41.550
Owned Owned
Yes

BUY
Metro Inc (A)(MRU-T) 

October 18, 2017

There are two equal and offsetting forces.  They just made a large acquisition, taking them off their main strategy.  It looks like it will be accretive.  He likes the deal.  The offsetting headwind is the incursion of AMZN-Q into grocery.  He thinks this is overdone.  Whole foods does not have that big a presence in Canada.

food stores

There are two equal and offsetting forces.  They just made a large acquisition, taking them off their main strategy.  It looks like it will be accretive.  He likes the deal.  The offsetting headwind is the incursion of AMZN-Q into grocery.  He thinks this is overdone.  Whole foods does not have that big a presence in Canada.

food stores
Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$40.870
Owned Owned
No

COMMENT
Metro Inc (A)(MRU-T) 

October 11, 2017

Selling their Couche-Tard shares and buying Jean Coutu (PJC.A-T). Amazon (AMZN-Q) is entering the market with their purchase of Whole Foods. A very competitive space now. Besides the issue of having price competitiveness, you also have the minimum wage situation coming.

food stores

Selling their Couche-Tard shares and buying Jean Coutu (PJC.A-T). Amazon (AMZN-Q) is entering the market with their purchase of Whole Foods. A very competitive space now. Besides the issue of having price competitiveness, you also have the minimum wage situation coming.

food stores
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$41.990
Owned Owned
No

COMMENT
Metro Inc (A)(MRU-T) 

September 27, 2017

Loblaw (L-T), Empire (EMP.A-T) or Metro (MRU-T)? Loblaw has proven to be the best run grocer in Canada. Empire has had its challenges but is starting to come back. This company would be somewhere in between the two.

food stores

Loblaw (L-T), Empire (EMP.A-T) or Metro (MRU-T)? Loblaw has proven to be the best run grocer in Canada. Empire has had its challenges but is starting to come back. This company would be somewhere in between the two.

food stores
Norman Levine

Managing D, Portfolio Management...

Price Price
$43.610
Owned Owned
Unknown

DON'T BUY
Metro Inc (A)(MRU-T) 

September 8, 2017

This typically does really well from April to July, but once you get into July, it tends to move lower. We are now past the period of seasonal strength. Stay away from this for now. There are other opportunities.

food stores

This typically does really well from April to July, but once you get into July, it tends to move lower. We are now past the period of seasonal strength. Stay away from this for now. There are other opportunities.

food stores
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$39.760
Owned Owned
Unknown

COMMENT
Metro Inc (A)(MRU-T) 

September 6, 2017

Very well-run in Canada, but has been under pressure recently due to Amazon’s acquisition of Whole Foods, which has pressured US grocers to a much greater degree. Reduced his position in the mid-$40. Well-run, and at the right price, the kind of company you can own, but be mindful that longer-term there is a potential margin and headwind from various technologies that are changing on how Canadians are buying groceries. The present price is fair.

food stores

Very well-run in Canada, but has been under pressure recently due to Amazon’s acquisition of Whole Foods, which has pressured US grocers to a much greater degree. Reduced his position in the mid-$40. Well-run, and at the right price, the kind of company you can own, but be mindful that longer-term there is a potential margin and headwind from various technologies that are changing on how Canadians are buying groceries. The present price is fair.

food stores
Stephen Groff

Principal , Cambridge Global Ass...

Price Price
$39.470
Owned Owned
Yes

COMMENT
Metro Inc (A)(MRU-T) 

August 30, 2017

We saw what just happened with the Amazon Whole Foods acquisition, which sent shivers down the spine of the US grocery retailers. There was a little less reaction in Canada, but it does put Canadian grocers on notice. There is the health reform in Québec and the minimum wage situation in Ontario. These are some of the issues that have made the stock go sideways a little. His preferred way to play grocers would be Loblaw’s (L-T), but he doesn’t own any grocers right now.

food stores

We saw what just happened with the Amazon Whole Foods acquisition, which sent shivers down the spine of the US grocery retailers. There was a little less reaction in Canada, but it does put Canadian grocers on notice. There is the health reform in Québec and the minimum wage situation in Ontario. These are some of the issues that have made the stock go sideways a little. His preferred way to play grocers would be Loblaw’s (L-T), but he doesn’t own any grocers right now.

food stores
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$41.430
Owned Owned
No

PAST TOP PICK
Metro Inc (A)(MRU-T) 

June 29, 2017

(A Top Pick May 19/16. Up 0.26%.) Sold this late last year, in order to move into the more cyclical areas. The sector has intense competition. He isn’t too interested in this space.

food stores

(A Top Pick May 19/16. Up 0.26%.) Sold this late last year, in order to move into the more cyclical areas. The sector has intense competition. He isn’t too interested in this space.

food stores
Stan Wong

Director &, Private Wealth Manag...

Price Price
$42.500
Owned Owned
No

PAST TOP PICK
Metro Inc (A)(MRU-T) 

May 8, 2017

(A Top Pick March 15/17. Up 15%.) The period of seasonal strength is right through until the end of July, so the seasonality is still great. Technicals are clearly on the upside. They just came out with some very good news on earnings, which continues to improve. Continue to hold.

food stores

(A Top Pick March 15/17. Up 15%.) The period of seasonal strength is right through until the end of July, so the seasonality is still great. Technicals are clearly on the upside. They just came out with some very good news on earnings, which continues to improve. Continue to hold.

food stores
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$46.470
Owned Owned
No

TOP PICK
Metro Inc (A)(MRU-T) 

March 15, 2017

Looking out over 20 years, this has been one of the best performing stocks out there. Has a lot of respect for management. They are excellent at allocating capital and at operations. Shares have pulled back recently because of inflationary concerns, but when he looks at this over the long-term, nothing has changed. Although there is a bit of inflation now and a little bit of competitive intensity in a weak economy, they have dealt with this before and will deal with it again. The multiple has pulled back to what he thinks is a fair number for long-term holders. Dividend yield of 1.6%. (Analysts’ price target is $45.50.)

food stores

Looking out over 20 years, this has been one of the best performing stocks out there. Has a lot of respect for management. They are excellent at allocating capital and at operations. Shares have pulled back recently because of inflationary concerns, but when he looks at this over the long-term, nothing has changed. Although there is a bit of inflation now and a little bit of competitive intensity in a weak economy, they have dealt with this before and will deal with it again. The multiple has pulled back to what he thinks is a fair number for long-term holders. Dividend yield of 1.6%. (Analysts’ price target is $45.50.)

food stores
Stephen Groff

Principal , Cambridge Global Ass...

Price Price
$40.570
Owned Owned
Yes

TOP PICK
Metro Inc (A)(MRU-T) 

March 15, 2017

This is his trade to hide somewhere in Canada. The chart shows this is in a long-term upward trend from 2014. In the last few days, the chart shows it has formed a gorgeous double bottom pattern, and is finally showing signs of improvement. It has already outperformed the Canadian market. It also does well in the summer, as defensive stocks do much better at that time. Seasonally, this does well from around now through to the middle of July. (Analysts’ price target is $45.50.)

food stores

This is his trade to hide somewhere in Canada. The chart shows this is in a long-term upward trend from 2014. In the last few days, the chart shows it has formed a gorgeous double bottom pattern, and is finally showing signs of improvement. It has already outperformed the Canadian market. It also does well in the summer, as defensive stocks do much better at that time. Seasonally, this does well from around now through to the middle of July. (Analysts’ price target is $45.50.)

food stores
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$40.570
Owned Owned
No

HOLD
Metro Inc (A)(MRU-T) 

January 25, 2017

A tough business, but a business we all need. The margins are small, but it continues to be there. We all have to grocery shop. Longer-term, the business continues to improve. They charge a little more and their margins are slim, but they make more money. Because it has sold off as much is it has, he would be more tempted to buy this than when it is higher up.

food stores

A tough business, but a business we all need. The margins are small, but it continues to be there. We all have to grocery shop. Longer-term, the business continues to improve. They charge a little more and their margins are slim, but they make more money. Because it has sold off as much is it has, he would be more tempted to buy this than when it is higher up.

food stores
Bruce Campbell

President , Stone Castle Investm...

Price Price
$40.230
Owned Owned
Unknown

COMMENT
Metro Inc (A)(MRU-T) 

January 13, 2017

Recently sold his holdings. Looking at the macro picture, he is stepping more into cyclical names, and away from defensive, low volume, high dividend type names. Probably wouldn’t want to own a lot of consumer staples. He is zero weight in consumer staples. There is lots of competition with Loblaw’s, Walmart, etc.

food stores

Recently sold his holdings. Looking at the macro picture, he is stepping more into cyclical names, and away from defensive, low volume, high dividend type names. Probably wouldn’t want to own a lot of consumer staples. He is zero weight in consumer staples. There is lots of competition with Loblaw’s, Walmart, etc.

food stores
Stan Wong

Director &, Private Wealth Manag...

Price Price
$40.760
Owned Owned
No

HOLD
Metro Inc (A)(MRU-T) 

December 23, 2016

There has been a big shift from some of these stocks. This one had done exceptionally well for the prior couple of years. Still a class act and continues to show some earnings growth, but valuation multiples are coming down a little. Within the sector, he would probably be more inclined to buy Loblaw’s (L-T), because he could get a more bullish, longer-term story with the Shoppers acquisition.

food stores

There has been a big shift from some of these stocks. This one had done exceptionally well for the prior couple of years. Still a class act and continues to show some earnings growth, but valuation multiples are coming down a little. Within the sector, he would probably be more inclined to buy Loblaw’s (L-T), because he could get a more bullish, longer-term story with the Shoppers acquisition.

food stores
John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$40.190
Owned Owned
Unknown

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