High Liner Foods (HLNFF) Stock Price, News & Analysis

Company Overview

High Liner Foods is a leading North American processor and marketer of value-added frozen seafood products. Headquartered in Lunenburg, Nova Scotia, the company supplies retailers, foodservice distributors and industrial customers with a wide range of premium seafood offerings. Its product portfolio includes branded and private-label items such as fillets, battered and breaded seafood, appetizers, entrées and fully prepared meals featuring species like pollock, haddock, cod, salmon, shrimp and scallops.

The company operates primarily through two business segments: Retail and Foodservice. In the Retail segment, High Liner Foods markets well-known brands including High Liner®, Sea Cuisine® and Fisher Boy® to grocery chains and club stores across Canada and the United States. In the Foodservice segment, the company’s products are sold under leading private labels and through its Mirabel®, Icelandic Seafood® and C. Wirthy® brands to restaurants, hospitality operators and institutional accounts.

Founded in the late 19th century as W.C. Smith & Company in Nova Scotia, High Liner Foods has grown through organic investment and targeted acquisitions, most notably the acquisition of Icelandic Seafood International in 2018. Today, the company maintains processing facilities in Canada and the U.S. and serves customers in more than 40 countries. Its integrated supply chain, which includes fishing partnerships, production plants and distribution networks, supports a commitment to quality, sustainability and traceability.

Under the leadership of President and Chief Executive Officer Philippe Cousineau and a seasoned executive team, High Liner Foods continues to focus on innovation in product development, operational efficiency and expanding its footprint in the frozen seafood market. The company is recognized for its efforts in responsible sourcing and engagement with industry and conservation organizations to promote sustainable fishing practices.

Key Stats

• Today's Range: $10.45 to $13.69
• 50-Day Range: $10.23 to $10.65
• 52-Week Range: $9.41 to $13.69
• Volume: 4,305 shs
• Average Volume: 2,561 shs
• Market Capitalization: N/A
• P/E Ratio: 9.79
• Dividend Yield: 3.52%
• Price Target: N/A
• Consensus Rating: Buy

High Liner Foods Stock Analysis - MarketRank™

High Liner Foods scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

High Liner Foods has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

High Liner Foods has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of High Liner Foods is 9.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of High Liner Foods is 9.79, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 13.32.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

High Liner Foods has a short interest ratio ("days to cover") of 107.88, which indicates bearish sentiment.

Change versus previous month

Short interest in High Liner Foods has recently increased by 1.98%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

High Liner Foods pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

High Liner Foods does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of High Liner Foods is 34.49%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, High Liner Foods insiders have not sold or bought any company stock.

Percentage Held by Institutions

28.10% of the stock of High Liner Foods is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Staples
• Industry: Food Products
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HLNFF
• CIK: N/A
• Web: www.highlinerfoods.com
• Phone: (902) 634-8811
• Fax: N/A
• Employees: 1,202
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 9.79
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A