TSE:KBL

K-Bro Linen (KBL) Stock Forecast, Price & News

C$31.75

+0.68 (+2.19%)

(As of 09/29/2023 ET)

Compare

Today's Range: C$31.05
▼
C$31.75
50-Day Range: C$31.07
▼
C$35.60
52-Week Range: C$26.53
▼
C$35.60

Volume: 6,338 shs
Average Volume: 7,006 shs
Market Capitalization: C$341.95 million

P/E Ratio: 36.49
Dividend Yield: 3.78%
Price Target: C$41.25

Profile Analyst Ratings Chart Competitors Dividend Earnings Headlines Social Media

About K-Bro Linen (TSE:KBL) Stock

K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. In addition, it provides linen rental, workwear hire, and cleanroom garment services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

KBL Price History

30 days | 90 days | 365 days | Advanced Chart

KBL Stock News Headlines

September 15, 2023 | seekingalpha.com

K-Bro Linen declares CAD 0.01 dividend

September 15, 2023 | finance.yahoo.com

K-Bro Declares September 2023 Dividend

September 30, 2023 | Chaikin Analytics (Ad)

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September 12, 2023 | finance.yahoo.com

Does K-Bro Linen (TSE:KBL) Deserve A Spot On Your Watchlist?

August 6, 2023 | finance.yahoo.com

Here's What To Make Of K-Bro Linen's (TSE:KBL) Decelerating Rates Of Return

July 26, 2023 | finance.yahoo.com

K-Bro Announces Release Date, Conference Call and Webcast for Q2 2023 Financial Results

July 14, 2023 | finance.yahoo.com

K-Bro Declares July 2023 Dividend

July 10, 2023 | finance.yahoo.com

Are Investors Undervaluing K-Bro Linen Inc. (TSE:KBL) By 47%?

September 30, 2023 | Chaikin Analytics (Ad)

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May 18, 2023 | msn.com

K-Bro Linen (KBRLF) Declares $0.10 Dividend

May 17, 2023 | finance.yahoo.com

K-Bro Linen First Quarter 2023 Earnings: Beats Expectations

May 15, 2023 | finance.yahoo.com

K-BRO DELIVERS SIGNIFICANT INCREASE IN REVENUE, EBITDA AND MARGINS IN Q1 2023

May 10, 2023 | finance.yahoo.com

Can K-Bro Linen Inc.'s (TSE:KBL) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

May 9, 2023 | finance.yahoo.com

K-Bro Announces 2023 Annual General Meeting

May 2, 2023 | finance.yahoo.com

/C O R R E C T I O N -- K-Bro Linen Inc./

May 1, 2023 | finance.yahoo.com

K-BRO ANNOUNCES RELEASE DATE, CONFERENCE CALL AND WEBCAST FOR Q1 2023 FINANCIAL RESULTS

April 10, 2023 | finance.yahoo.com

K-Bro Linen (TSE:KBL) investors are sitting on a loss of 5.5% if they invested five years ago

March 15, 2023 | finance.yahoo.com

K-BRO DECLARES MARCH 2023 DIVIDEND

March 2, 2023 | finance.yahoo.com

K-Bro Announces closing of Paranet acquisition

February 27, 2023 | finance.yahoo.com

K-Bro Announces Release Date, Conference Call and Webcast for Q4 2022 Financial Results

January 18, 2023 | finance.yahoo.com

K-Bro Linen Inc. (TSE:KBL) Shares Could Be 23% Below Their Intrinsic Value Estimate

January 14, 2023 | finance.yahoo.com

K-Bro Declares January 2023 Dividend

November 14, 2022 | finance.yahoo.com

Are Poor Financial Prospects Dragging Down K-Bro Linen Inc. (TSE:KBL Stock?

November 9, 2022 | finance.yahoo.com

K-BRO DELIVERS Q3 2022 RESULTS WITH CONTINUED STRONG RECOVERY IN HOSPITALITY REVENUE

October 21, 2022 | nz.finance.yahoo.com

The past five years for K-Bro Linen (TSE:KBL) investors has not been profitable

October 14, 2022 | finance.yahoo.com

K-BRO DECLARES OCTOBER 2022 DIVIDEND

October 13, 2022 | americanbankingnews.com

K-Bro Linen Inc. (TSE:KBL) Given Average Recommendation of "Moderate Buy" by Brokerages

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KBL Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 9/15 Dividend: 8/30/2023
Dividend Payable: 9/15/2023
Ex-Dividend for 10/13 Dividend: 9/28/2023
Today: 9/30/2023
Dividend Payable: 10/13/2023
Next Earnings (Estimated): 11/08/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Specialty Business Services
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:KBL
CUSIP: N/A
CIK: N/A
Web: www.k-brolinen.com
Phone: +1-780-4535218
Fax: N/A
Employees: 2,820
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$41.25
High Stock Price Forecast: C$45.00
Low Stock Price Forecast: C$36.00
Forecasted Upside/Downside: +29.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.87
Trailing P/E Ratio: 36.49
Forward P/E Ratio: 15.82
P/E Growth: 3.5
Net Income: C$9.43 million
Net Margins: 3.19%
Pretax Margin: N/A
Return on Equity: 5.34%
Return on Assets: 3.47%

Debt

Debt-to-Equity Ratio: 66.02
Current Ratio: 1.93
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: C$295.83 million
Price / Sales: 1.16
Cash Flow: C$0.18 per share
Price / Cash Flow: 181.25
Book Value: C$16.46 per share
Price / Book: 1.93

Miscellaneous

Outstanding Shares: 10,770,000
Free Float: N/A
Market Cap: C$341.95 million
Optionable: Not Optionable
Beta: 1.10

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Key Executives

Ms. Linda Jane McCurdy M.B.A. (Age 55)
MBA, Pres, CEO & Director
Comp: $1.31M

Ms. Kristie L. Plaquin C.A.
CPA, CPA, CA, Chief Financial Officer

Mr. Sean P. Curtis
Sr. VP, COO & GM

Mr. Ryo Utahara
Exec. Director

Mr. Michael W. Jones
Managing Director of Fishers Services Limited

Mr. Timothy Douglas Bruns
Pres of Unitrin Specialty

Mr. Ronald J. Graham
Gen. Mang. of Vancouver Plant

Mr. Jeffrey R. Gannon
Gen. Mang. of Calgary Plant

Mr. Kevin J. Stephenson
Gen. Mang. of Toronto

Mr. Ronald Edward Greco FCAS
MAAA, VP & Corp. Actuary of Unitrin Services Company

Key Competitors

View All Competitors

KBL Stock - Frequently Asked Questions

Should I buy or sell K-Bro Linen stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for K-Bro Linen in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KBL shares.
View KBL analyst ratings or view top-rated stocks.
What is K-Bro Linen's stock price forecast for 2023?: 3 Wall Street research analysts have issued 1-year target prices for K-Bro Linen's stock. Their KBL share price forecasts range from C$36.00 to C$45.00. On average, they predict the company's share price to reach C$41.25 in the next year. This suggests a possible upside of 29.9% from the stock's current price.
View analysts price targets for KBL or view top-rated stocks among Wall Street analysts.
How have KBL shares performed in 2023?: K-Bro Linen's stock was trading at C$27.30 on January 1st, 2023. Since then, KBL shares have increased by 16.3% and is now trading at C$31.75.
View the best growth stocks for 2023 here.
When is K-Bro Linen's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KBL earnings forecast.
How were K-Bro Linen's earnings last quarter?: K-Bro Linen Inc. (TSE:KBL) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.12. The business had revenue of $80.75 million for the quarter, compared to analysts' expectations of $77.68 million. K-Bro Linen had a net margin of 3.19% and a trailing twelve-month return on equity of 5.34%.
How often does K-Bro Linen pay dividends? What is the dividend yield for K-Bro Linen?: K-Bro Linen announced a monthly dividend on Friday, September 15th. Investors of record on Saturday, September 30th will be given a dividend of 0.10 per share on Friday, October 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for KBL.

Is K-Bro Linen a good dividend stock?: K-Bro Linen (TSE:KBL) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 3.86%. The dividend payout ratio is 137.93%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for KBL.
What other stocks do shareholders of K-Bro Linen own?: Based on aggregate information from My MarketBeat watchlists, some companies that other K-Bro Linen investors own include Walt Disney (DIS), Mastercard (MA), Broadcom (AVGO), Bank of Nova Scotia (BNS), Visa (V), Verizon Communications (VZ), Cargojet (CJT), Canadian National Railway (CNR), Enterprise Products Partners (EPD) and Home Depot (HD).
What is K-Bro Linen's stock symbol?: K-Bro Linen trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KBL."
How do I buy shares of K-Bro Linen?: Shares of KBL 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.
Compare Top Brokerages Here.
What is K-Bro Linen's stock price today?: One share of KBL stock can currently be purchased for approximately C$31.75.
How much money does K-Bro Linen make?: K-Bro Linen (TSE:KBL) has a market capitalization of C$341.95 million and generates C$295.83 million in revenue each year. The company earns C$9.43 million in net income (profit) each year or C$0.87 on an earnings per share basis.
How many employees does K-Bro Linen have?: The company employs 2,820 workers across the globe.
How can I contact K-Bro Linen?: K-Bro Linen's mailing address is 14903 137 Ave NW, EDMONTON, AB T5V 1R9, Canada. The official website for the company is www.k-brolinen.com. The company can be reached via phone at +1-780-4535218.

This page (TSE:KBL) was last updated on 9/30/2023 by MarketBeat.com Staff

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