TSE:AD - Alaris Royalty Stock Price, News, & Analysis

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C$20.81 -0.02 (-0.10 %)
(As of 03/22/2019 11:15 AM ET)
Previous CloseC$20.83
Today's RangeC$20.72 - C$20.93
52-Week RangeC$15.30 - C$21.41
Volume18,887 shs
Average Volume165,343 shs
Market CapitalizationC$759.48 million
P/E Ratio12.62
Dividend Yield7.92%
BetaN/A
Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products. The firm seeks to invest in companies raising capital for a partial liquidity, generational transfer, recapitalization, and growth and who do not want to give up control or chance the added risk that comes with high leverage levels. It prefers to invest in companies that are mostly individual or family controlled. The firm typically provides alternative financing for a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. It seeks to invest in the companies based in Europe, North America with the focus on Canada, and United States. It typically invests between $5 million and $100 million in companies with an enterprise values between $10 million and $400 million and EBITDA between $5 million and $50 million, historical EBITDA in excess of $10 million, and Low levels of debt and capital expenditure. The firm also makes small cap investments upto $20 million in private companies that have historical EBITDA in excess of $2 million. However, for larger companies, transactions can be structured to include additional investments. The firm seeks to invest in industries that do not experience large cyclical swings. It does not own any shares and does not require board representation. The firm invests through balance sheet and seeks equity dividend distribution from portfolios. It prefers to make non control equity, minority and majority investments in its portfolio companies. Alaris Royalty Corp. was founded in 2008 and is based in Calgary, Canada.

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Industry, Sector and Symbol

Industry Credit Services
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
CIKN/A
Phone+1-403-2280873

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$119.76 million
Cash FlowC$0.63 per share
Book ValueC$17.42 per share

Profitability

Miscellaneous

Employees14
Market CapC$759.48 million
Next Earnings Date5/6/2019 (Estimated)
OptionableNot Optionable

Alaris Royalty (TSE:AD) Frequently Asked Questions

What is Alaris Royalty's stock symbol?

Alaris Royalty trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AD."

How often does Alaris Royalty pay dividends? What is the dividend yield for Alaris Royalty?

Alaris Royalty announced a monthly dividend on Wednesday, January 30th. Investors of record on Friday, February 15th will be given a dividend of 0.1375 per share on Friday, February 15th. This represents a $1.65 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date of this dividend is Wednesday, January 30th. View Alaris Royalty's Dividend History.

When is Alaris Royalty's next earnings date?

Alaris Royalty is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Alaris Royalty.

What price target have analysts set for AD?

5 brokerages have issued 12-month price targets for Alaris Royalty's stock. Their predictions range from C$17.50 to C$24.00. On average, they expect Alaris Royalty's stock price to reach C$21.07 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Alaris Royalty.

What is the consensus analysts' recommendation for Alaris Royalty?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaris Royalty in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alaris Royalty.

Has Alaris Royalty been receiving favorable news coverage?

Media coverage about AD stock has been trending somewhat positive on Friday, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alaris Royalty earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the company's share price in the immediate future.

Who are some of Alaris Royalty's key competitors?

What other stocks do shareholders of Alaris Royalty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaris Royalty investors own include BCE (BCE), Altagas (ALA), Inter Pipeline (IPL), Exchange Income (EIF), Enbridge (ENB), Freehold Royalties (FRU), Chemtrade Logistics Income Fund (CHE.UN), NY MTG TR INC/SH (NYMT), TransAlta Renewables (RNW) and Aurora Cannabis (ACB).

Who are Alaris Royalty's key executives?

Alaris Royalty's management team includes the folowing people:
  • Mr. Stephen Walter King CFA, CEO, Pres & Director
  • Mr. Darren Driscoll CA, Chief Financial Officer
  • Mr. Michael Donald Ervin, Chief Legal Officer & Corp. Sec.
  • Mr. Gregg Delcourt C.F.A., CFA, Sr. VP of Small Cap Investments
  • Ms. Amanda Frazer, VP of Investments

How do I buy shares of Alaris Royalty?

Shares of AD and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Alaris Royalty's stock price today?

One share of AD stock can currently be purchased for approximately C$20.81.

How big of a company is Alaris Royalty?

Alaris Royalty has a market capitalization of C$759.48 million and generates C$119.76 million in revenue each year. Alaris Royalty employs 14 workers across the globe.

What is Alaris Royalty's official website?

The official website for Alaris Royalty is http://www.alarisroyalty.com/.

How can I contact Alaris Royalty?

Alaris Royalty's mailing address is 250-333 24 Ave SW, CALGARY, AB T2S 3E6, Canada. The company can be reached via phone at +1-403-2280873.


MarketBeat Community Rating for Alaris Royalty (TSE AD)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  603
MarketBeat's community ratings are surveys of what our community members think about Alaris Royalty and other stocks. Vote "Outperform" if you believe AD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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