Chemtrade Logistics Income Fund (CHE.UN) Stock Price, News & Analysis

Company Overview

Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides. This segment also offers industrial services, such as processing by-products and waste streams. Its WSSC segment manufactures and markets various inorganic coagulants used in water treatment, including aluminum sulphate, aluminum chlorohydrate, polyaluminum chloride, and ferric sulphate; and a range of specialty chemicals, such as sodium nitrite, potassium chloride, phosphorus pentasulphide, and vaccine adjuvants. The EC segment manufactures and markets sodium chlorate and chlor-alkali products for the pulp and paper, oil and gas, and water treatment industries. Chemtrade Logistics Income Fund was founded in 2001 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$11.02 to C$11.10
• 50-Day Range: C$9.50 to C$11.32
• 52-Week Range: C$8.50 to C$12.05
• Volume: 46,391 shs
• Average Volume: 268,996 shs
• Market Capitalization: C$1.29 billion
• P/E Ratio: 10.07
• Dividend Yield: 5.96%
• Price Target: C$14.33
• Consensus Rating: Moderate Buy

Chemtrade Logistics Income Fund Stock Analysis - MarketRank™

Chemtrade Logistics Income Fund scored higher than 71% 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: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chemtrade Logistics Income Fund has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Chemtrade Logistics Income Fund has only been the subject of 4 research reports 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 Chemtrade Logistics Income Fund is 10.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chemtrade Logistics Income Fund is 10.08, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.42.

Price to Book Value per Share Ratio

Chemtrade Logistics Income Fund has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CHE.UN.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Chemtrade Logistics Income Fund is a leading dividend payer. It pays a dividend yield of 5.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Chemtrade Logistics Income Fund does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Chemtrade Logistics Income Fund is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CHE.UN.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Chemtrade Logistics Income Fund has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Chemtrade Logistics Income Fund this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Chemtrade Logistics Income Fund to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Chemtrade Logistics Income Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$556,818.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 0.19% of the stock of Chemtrade Logistics Income Fund is held by insiders.

Percentage Held by Institutions

Only 10.44% of the stock of Chemtrade Logistics Income Fund is held by institutions.

CHE.UN Stock Analysis - Frequently Asked Questions

How have CHE.UN shares performed this year?

Chemtrade Logistics Income Fund's stock was trading at C$10.94 at the start of the year. Since then, CHE.UN stock has increased by 1.4% and is now trading at C$11.09.

How do I buy shares of Chemtrade Logistics Income Fund?

Shares of CHE.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Specialty Chemicals
• Sub-Industry: N/A
• Current Symbol: TSE:CHE.UN
• CIK: N/A
• Web: www.chemtradelogistics.com
• Phone: +1-416-4965856
• Fax: N/A
• Employees: 1,525
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$14.33
• High Stock Price Target: C$17.00
• Low Stock Price Target: C$11.00
• Potential Upside/Downside: +29.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.10
• Trailing P/E Ratio: 10.05
• Forward P/E Ratio: 11.15
• P/E Growth: N/A
• Net Income: C$139.02 million
• Net Margins: 7.85%
• Pretax Margin: N/A
• Return on Equity: 19.73%
• Return on Assets: 7.26%

Debt

• Debt-to-Equity Ratio: 128.02
• Current Ratio: 0.40
• Quick Ratio: 0.48

Sales & Book Value

• Annual Sales: C$1.77 billion
• Price / Sales: 0.73
• Cash Flow: C$0.37 per share
• Price / Cash Flow: 30.16
• Book Value: C$6.35 per share
• Price / Book: 1.74

Miscellaneous

• Outstanding Shares: 116,640,000
• Free Float: N/A
• Market Cap: C$1.29 billion
• Optionable: Not Optionable
• Beta: 1.50