TSE:MRU

73.04
0.22 (0.30%) 1d
0
WAIT
Metro Inc (A)
High quality. Good package of grocery plus pharmacy. Very well run, reflected in ROE of 15-16%, better than most peers. Strong balance sheet, nice dividend. One knock is the multiple of 18x vs. market of 13x. Don't buy here. Wait for a pullback and buy for the long term.
food stores
BUY
Metro Inc (A)
Top investment idea. Earl: Theme of return of capital and on capital. Solid balance sheet. Good, not aggressive, growth plans. Nice margins on the pharma side. Converting some stores to discount brands. You want a retailer that's focused on staples for the regular cashflow.
food stores
TOP PICK
Metro Inc (A)
Believes company is very predictable which results in consistent earnings. Company is a good hedge against volatility in the market. Ability for company to raise dividend is a major strength.
food stores
BUY
Metro Inc (A)
Pays a 1.6x dividend and trades at 15x earnings. They consistently raise dividends. Good leverage from their pharma distribution (Jean Coutu) and groceries. Coutu is a strong brand in Quebec and generates a lot of free cash flow. They will have to deal with food inflation, though. He likes it.
food stores
BUY on WEAKNESS
Metro Inc (A)
It is one of a small group of major grocers in Canada, a really well managed company. He would buy it on any weakness. It is a good defensive stock to hold over the long term. He sold it recently because it had had a long run.
food stores
DON'T BUY
Metro Inc (A)
Defensive. Underperformed the broader TSX since last March. He prefers the cyclicals. Very competitive industry, low margins. 16x forward earnings, 8% long-term growth rate. Headwinds ahead of it, such as massive competitors and higher wages.
food stores
WAIT
Metro Inc (A)

MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.

food stores
WAIT
Metro Inc (A)

He has been a fan for 15 years but regrets not buying it. It has run up more than Loblaws so he would not get it now. Wait for a rotation out of grocery stocks and then at that point he would prefer this one to L-T.

food stores
BUY
Metro Inc (A)

You want defensive stocks right now. Big thing is Jean Coutu, and integration will create earnings and cash flow growth. More difficult issue is how to expand that brand beyond Quebec, and this is already priced into the stock. A defensive name, and you can do quite well. Yield is 1.7%.

food stores
BUY
Metro Inc (A)
Metro is by far the best management team in the sector. It seems to go through these cycles. It is a good entry point to get it in at a bit of a lull.
food stores
PAST TOP PICK
Metro Inc (A)
(A Top Pick Dec 07/18, Up 19%) It's the best-run grocery chain in Canada in terms of allocating capital and running their stores. It boasts 10% dividend growth over time. He holds this in TFSAs.
food stores
BUY on WEAKNESS
Metro Inc (A)

He would prefer it over L-T and EMP-T. It has been the better performer over the last 10 years. Their long term strategy has been to buy back 3-5% of their stock, pay a 2% dividend, and increase their net income 5-10% per year making about a 10-17% return. As a grocery stock it has never become quite compelling enough but in hindsight it would have been a good investment. Once they get too large they just have less growth opportunities. This one is more nimble. It's valuation is on the higher end of the range so wait for a pull back.

food stores
PARTIAL SELL
Metro Inc (A)

The big grocers have done well. Surprising, because competition is coming from Amazon and even Shoppers Drug Mart with automation. Grocers are a low-margin business. Grocery stocks have run up, so take some profits.

food stores
HOLD
Metro Inc (A)
He owns no food retailers; it's a tough space with no inflation which limits margins. But Metro is the best of the group and a fine operator. Buy at $50.
food stores
WEAK BUY
Metro Inc (A)

Being in defensive stocks (consumer staples) is a good place now; can weather a recession. Grocers are investing heavily in home delivery considering Amazon, and spinning out real estate units. It's good to see competition in this space, for consumers. MRU has been doing a good job, gaining a little market share. He owns Weston instead.

food stores
Showing 1 to 15 of 155 entries

Metro Inc (A)(MRU-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Metro Inc (A) 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.

Metro Inc (A)(MRU-T) Frequently Asked Questions

What is Metro Inc (A) stock symbol?

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

Is Metro Inc (A) a buy or a sell?

In the last year, 1 stock analyst published opinions about MRU-T. 1 analyst 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 Metro Inc (A).

Is Metro Inc (A) a good investment or a top pick?

Metro Inc (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Metro Inc (A).

Why is Metro Inc (A) 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 Metro Inc (A) worth watching?

1 stock analyst on Stockchase covered Metro Inc (A) In the last year. It is a trending stock that is worth watching.

What is Metro Inc (A) stock price?

On 2023-01-27, Metro Inc (A) (MRU-T) stock closed at a price of $73.04.