TSE:KBL K-Bro Linen (KBL) Stock Forecast, Price & News C$31.97 +0.01 (+0.03%) (As of 06/6/2023 ET) Add Compare Share Share Today's RangeC$31.96▼C$32.1350-Day RangeC$27.15▼C$31.9752-Week RangeC$26.53▼C$33.50Volume3,229 shsAverage Volume9,296 shsMarket CapitalizationC$344.32 millionP/E Ratio54.19Dividend Yield3.75%Price TargetC$39.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media K-Bro Linen MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside22.0% UpsideC$39.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 2.3 Analyst's Opinion Consensus RatingK-Bro Linen has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$39.00, K-Bro Linen has a forecasted upside of 22.0% from its current price of C$31.97.Amount of Analyst CoverageK-Bro Linen has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for KBL. Previous Next 1.7 Dividend Strength Dividend LeadershipK-Bro Linen is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthK-Bro Linen does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of K-Bro Linen is 203.39%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KBL. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added K-Bro Linen to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, K-Bro Linen insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.68% of the stock of K-Bro Linen is held by insiders.Percentage Held by InstitutionsOnly 30.87% of the stock of K-Bro Linen is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of K-Bro Linen is 54.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.42.Price to Earnings Ratio vs. SectorThe P/E ratio of K-Bro Linen is 54.19, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 596.66.Price to Earnings Growth RatioK-Bro Linen has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioK-Bro Linen has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About K-Bro Linen (TSE:KBL) StockK-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.Read More Receive KBL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for K-Bro Linen and its competitors with MarketBeat's FREE daily newsletter. Email Address KBL Stock News HeadlinesMay 29, 2023 | americanbankingnews.comK-Bro Linen Inc. (TSE:KBL) Declares Monthly Dividend of $0.10May 28, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) Stock Crosses Above 200 Day Moving Average of $29.10June 6, 2023 | Vantage Point (Ad)Having Trouble in Your Trading?If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training. May 21, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) Price Target Raised to C$39.00 at TD SecuritiesMay 21, 2023 | americanbankingnews.comFY2023 EPS Estimates for K-Bro Linen Inc. (TSE:KBL) Increased by Raymond JamesMay 20, 2023 | americanbankingnews.comFY2024 EPS Estimates for K-Bro Linen Inc. (TSE:KBL) Lifted by CormarkMay 20, 2023 | americanbankingnews.comCormark Raises K-Bro Linen (TSE:KBL) Price Target to C$42.00May 20, 2023 | americanbankingnews.comK-Bro Linen Inc. (TSE:KBL) Forecasted to Earn Q2 2023 Earnings of $0.22 Per ShareJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 18, 2023 | msn.comK-Bro Linen (KBRLF) Declares $0.10 DividendMay 17, 2023 | finance.yahoo.comK-Bro Linen First Quarter 2023 Earnings: Beats ExpectationsMay 17, 2023 | americanbankingnews.comK-Bro Linen Inc. to Post FY2023 Earnings of $1.04 Per Share, Leede Jones Gab Forecasts (TSE:KBL)May 15, 2023 | finance.yahoo.comK-BRO DELIVERS SIGNIFICANT INCREASE IN REVENUE, EBITDA AND MARGINS IN Q1 2023May 10, 2023 | finance.yahoo.comCan 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.comK-Bro Announces 2023 Annual General MeetingMay 2, 2023 | finance.yahoo.com/C O R R E C T I O N -- K-Bro Linen Inc./May 1, 2023 | finance.yahoo.comK-BRO ANNOUNCES RELEASE DATE, CONFERENCE CALL AND WEBCAST FOR Q1 2023 FINANCIAL RESULTSApril 10, 2023 | finance.yahoo.comK-Bro Linen (TSE:KBL) investors are sitting on a loss of 5.5% if they invested five years agoMarch 29, 2023 | americanbankingnews.comCormark Comments on K-Bro Linen Inc.'s FY2024 Earnings (TSE:KBL)March 28, 2023 | americanbankingnews.comLeede Jones Gab Equities Analysts Reduce Earnings Estimates for K-Bro Linen Inc. (TSE:KBL)March 26, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) Cut to Outperform at Raymond JamesMarch 26, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) Reaches New 1-Year Low After Analyst DowngradeMarch 24, 2023 | americanbankingnews.comK-Bro Linen Inc. (TSE:KBL) Forecasted to Earn FY2025 Earnings of $2.30 Per ShareMarch 24, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) Price Target Lowered to C$36.00 at Acumen CapitalMarch 24, 2023 | americanbankingnews.comK-Bro Linen (TSE:KBL) PT Lowered to C$37.00March 15, 2023 | finance.yahoo.comK-BRO DECLARES MARCH 2023 DIVIDENDMarch 2, 2023 | finance.yahoo.comK-Bro Announces closing of Paranet acquisitionSee More Headlines KBL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KBL Company Calendar Last Earnings3/21/2023Ex-Dividend for 5/15 Dividend4/27/2023Dividend Payable5/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/06/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/14/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Business Services Sub-IndustryN/A SectorIndustrials Current SymbolTSE:KBL CUSIPN/A CIKN/A Webwww.k-brolinen.com Phone+1-780-4535218FaxN/AEmployees2,550Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$39.00 High Stock Price ForecastC$45.00 Low Stock Price ForecastC$34.50 Forecasted Upside/Downside+22.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.59 Trailing P/E Ratio54.17 Forward P/E Ratio24.74 P/E Growth3.5Net IncomeC$6.35 million Net Margins2.22% Pretax MarginN/A Return on Equity3.55% Return on Assets2.66% Debt Debt-to-Equity Ratio60.47 Current Ratio1.72 Quick Ratio0.87 Sales & Book Value Annual SalesC$285.97 million Price / Sales1.20 Cash FlowC$0.18 per share Price / Cash Flow181.25 Book ValueC$16.54 per share Price / Book1.93Miscellaneous Outstanding Shares10,770,000Free FloatN/AMarket CapC$344.21 million OptionableNot Optionable Beta1.18 Key ExecutivesMs. Linda Jane McCurdy M.B.A. (Age 55)MBA, Pres, CEO & Director Comp: $1.27MMs. Kristie L. Plaquin C.A.CPA, CPA, CA, Chief Financial OfficerMr. Sean P. CurtisSr. VP, COO & GMMr. Sean L. JacksonGen. Mang. of ReginaMr. Michael W. JonesManaging Director of Fishers Services LimitedMr. Timothy Douglas BrunsPres of Unitrin SpecialtyMr. Ronald J. GrahamGen. Mang. of Vancouver PlantMr. Jeffrey R. GannonGen. Mang. of Calgary PlantMr. Kevin J. StephensonGen. Mang. of TorontoMs. Jessica LévesqueDirector Général of QuebecMore ExecutivesKey CompetitorsDATA Communications ManagementTSE:DCMGDI Integrated Facility ServicesTSE:GDICalian GroupTSE:CGYPeopleCVE:PEOWestern Forest ProductsTSE:WEFView All CompetitorsInsidersMatthew Bruce HillsBought 3,000 shares on 9/22/2022Total: C$90,342.00 ($30.11/share)Ryo UtaharaSold 800 sharesTotal: C$26,240.00 ($32.80/share)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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding K-Bro Linen Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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