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TSE:KBL

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

C$31.97
+0.01 (+0.03%)
(As of 06/6/2023 ET)
Compare
Today's Range
C$31.96
▼
C$32.13
50-Day Range
C$27.15
▼
C$31.97
52-Week Range
C$26.53
▼
C$33.50
Volume
3,229 shs
Average Volume
9,296 shs
Market Capitalization
C$344.32 million
P/E Ratio
54.19
Dividend Yield
3.75%
Price Target
C$39.00
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media

K-Bro Linen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
22.0% Upside
C$39.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.47 out of 5 stars

See Top Rated MarketRank™ Stocks Here

KBL stock logo

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, 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.

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KBL Stock News Headlines

May 29, 2023 | americanbankingnews.com
K-Bro Linen Inc. (TSE:KBL) Declares Monthly Dividend of $0.10
May 28, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Stock Crosses Above 200 Day Moving Average of $29.10
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May 21, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Price Target Raised to C$39.00 at TD Securities
May 21, 2023 | americanbankingnews.com
FY2023 EPS Estimates for K-Bro Linen Inc. (TSE:KBL) Increased by Raymond James
May 20, 2023 | americanbankingnews.com
FY2024 EPS Estimates for K-Bro Linen Inc. (TSE:KBL) Lifted by Cormark
May 20, 2023 | americanbankingnews.com
Cormark Raises K-Bro Linen (TSE:KBL) Price Target to C$42.00
May 20, 2023 | americanbankingnews.com
K-Bro Linen Inc. (TSE:KBL) Forecasted to Earn Q2 2023 Earnings of $0.22 Per Share
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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 17, 2023 | americanbankingnews.com
K-Bro Linen Inc. to Post FY2023 Earnings of $1.04 Per Share, Leede Jones Gab Forecasts (TSE:KBL)
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 29, 2023 | americanbankingnews.com
Cormark Comments on K-Bro Linen Inc.'s FY2024 Earnings (TSE:KBL)
March 28, 2023 | americanbankingnews.com
Leede Jones Gab Equities Analysts Reduce Earnings Estimates for K-Bro Linen Inc. (TSE:KBL)
March 26, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Cut to Outperform at Raymond James
March 26, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Reaches New 1-Year Low After Analyst Downgrade
March 24, 2023 | americanbankingnews.com
K-Bro Linen Inc. (TSE:KBL) Forecasted to Earn FY2025 Earnings of $2.30 Per Share
March 24, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Price Target Lowered to C$36.00 at Acumen Capital
March 24, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) PT Lowered to C$37.00
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
See More Headlines

KBL Price History

KBL Company Calendar

Last Earnings
3/21/2023
Ex-Dividend for 5/15 Dividend
4/27/2023
Dividend Payable
5/15/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Today
6/06/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/14/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
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
2,550
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$39.00
High Stock Price Forecast
C$45.00
Low Stock Price Forecast
C$34.50
Forecasted Upside/Downside
+22.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.59
Trailing P/E Ratio
54.17
Forward P/E Ratio
24.74
P/E Growth
3.5
Net Income
C$6.35 million
Net Margins
2.22%
Pretax Margin
N/A
Return on Equity
3.55%
Return on Assets
2.66%

Debt

Debt-to-Equity Ratio
60.47
Current Ratio
1.72
Quick Ratio
0.87

Sales & Book Value

Annual Sales
C$285.97 million
Price / Sales
1.20
Cash Flow
C$0.18 per share
Price / Cash Flow
181.25
Book Value
C$16.54 per share
Price / Book
1.93

Miscellaneous

Outstanding Shares
10,770,000
Free Float
N/A
Market Cap
C$344.21 million
Optionable
Not Optionable
Beta
1.18

Key Executives

  • Ms. Linda Jane McCurdy M.B.A. (Age 55)
    MBA, Pres, CEO & Director
    Comp: $1.27M
  • Ms. Kristie L. Plaquin C.A.
    CPA, CPA, CA, Chief Financial Officer
  • Mr. Sean P. Curtis
    Sr. VP, COO & GM
  • Mr. Sean L. Jackson
    Gen. Mang. of Regina
  • 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
  • Ms. Jessica Lévesque
    Director Général of Quebec

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













KBL Stock - Frequently Asked Questions

Should I buy or sell K-Bro Linen stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for K-Bro Linen in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KBL shares.
View KBL analyst ratings or view top-rated stocks.

What is K-Bro Linen's stock price forecast for 2023?

3 equities research analysts have issued twelve-month price objectives for K-Bro Linen's stock. Their KBL share price forecasts range from C$34.50 to C$45.00. On average, they predict the company's share price to reach C$39.00 in the next year. This suggests a possible upside of 22.0% 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 17.1% and is now trading at C$31.96.
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 Monday, August 14th 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, March, 21st. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.24. The business had revenue of $70.67 million for the quarter, compared to analysts' expectations of $69.09 million. K-Bro Linen had a trailing twelve-month return on equity of 3.55% and a net margin of 2.22%.

How often does K-Bro Linen pay dividends? What is the dividend yield for K-Bro Linen?

K-Bro Linen declared a monthly dividend on Monday, May 15th. Stockholders of record on Wednesday, May 31st will be given a dividend of 0.10 per share on Thursday, June 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Tuesday, May 30th.
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 3.79%. The dividend payout ratio is 203.39%. 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$31.96.

How much money does K-Bro Linen make?

K-Bro Linen (TSE:KBL) has a market capitalization of C$344.21 million and generates C$285.97 million in revenue each year. The company earns C$6.35 million in net income (profit) each year or C$0.59 on an earnings per share basis.

How many employees does K-Bro Linen have?

The company employs 2,550 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 6/6/2023 by MarketBeat.com Staff

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