TSE:KBLK-Bro Linen Stock Price, Forecast & News

C$29.45

+0.06 (+0.20 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

C$29.10

Now: C$29.45▼

C$29.92

50-Day Range

C$24.12

MA: C$27.07▼

C$29.05

52-Week Range

C$23.73

Now: C$29.45▼

C$46.44

Volume9,700 shs

Average Volume36,241 shs

Market CapitalizationC$309.49 million

P/E Ratio44.69

Dividend Yield4.08%

BetaN/A

K-Bro Linen Inc., together with its subsidiaries, engages in the processing, management, and distribution of general linen and operating room linen to healthcare institutions, hotels, and other commercial accounts in Canada. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, delivery of carts, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
K-Bro Linen has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$36.38, K-Bro Linen has a potential upside of 23.5% from its current price of C$29.45.
Amount of Analyst Coverage
K-Bro Linen has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
K-Bro Linen has received 207 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
K-Bro Linen has received 186 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
K-Bro Linen has received 52.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about K-Bro Linen and other stocks. Vote “Outperform” if you believe KBL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KBL will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
K-Bro Linen is a leading dividend payer. It pays a dividend yield of 4.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
K-Bro Linen does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of K-Bro Linen is 182.09 %. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, K-Bro Linen insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for K-Bro Linen are expected to decrease by -100.00% in the coming year, from C$1.09 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of K-Bro Linen is 44.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of K-Bro Linen is 44.69, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 11.03.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for K-Bro Linen, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
K-Bro Linen has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.33 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Business Services

Sub-IndustryN/A

SectorIndustrials

Current SymbolTSE:KBL

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.k-brolinen.com

Phone+1-780-4535218

Debt

Debt-to-Equity Ratio52.30

Current Ratio1.70

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio44.69

Forward P/E Ratio27.02

P/E Growth-3.27

Sales & Book Value

Annual SalesC$251.90 million

Price / Sales1.23

Cash FlowC$0.15 per share

Price / Cash Flow198.88

Book ValueC$18.17 per share

Price / Book1.62

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,870

Outstanding Shares10,509,000

Market CapC$309.49 million

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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K-Bro Linen (TSE:KBL) Frequently Asked Questions

How has K-Bro Linen's stock been impacted by COVID-19 (Coronavirus)?

K-Bro Linen's stock was trading at C$40.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KBL shares have decreased by 27.1% and is now trading at C$29.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of K-Bro Linen?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for K-Bro Linen in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for K-Bro Linen.

When is K-Bro Linen's next earnings date?

K-Bro Linen is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for K-Bro Linen.

How were K-Bro Linen's earnings last quarter?

K-Bro Linen Inc (TSE:KBL) announced its quarterly earnings data on Thursday, May, 7th. The company reported ($0.32) earnings per share for the quarter. The firm had revenue of $57.28 million for the quarter, compared to the consensus estimate of $55.95 million. View K-Bro Linen's earnings history.

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 Friday, February 14th. Shareholders of record on Saturday, February 29th will be given a dividend of 0.10 per share on Friday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, February 27th. View K-Bro Linen's dividend history.

What price target have analysts set for KBL?

4 analysts have issued 1 year price objectives for K-Bro Linen's stock. Their forecasts range from C$28.00 to C$50.00. On average, they anticipate K-Bro Linen's share price to reach C$36.38 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View analysts' price targets for K-Bro Linen.

Has K-Bro Linen been receiving favorable news coverage?

Media stories about KBL stock have trended very negative on Wednesday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing 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 five, with scores closest to five being the most favorable. K-Bro Linen earned a news impact score of -3.4 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutK-Bro Linen.

Who are some of K-Bro Linen's key competitors?

Some companies that are related to K-Bro Linen include Smartgroup (SIQ), Smart Metering Systems (SMS), People (PEO), GDI Integrated Facility Services (GDI), ITE Group (ITE), Capita (CPI), James Fisher & Sons (FSJ), Equiniti Group (EQN), Johnson Service Group (JSG), Calian Group (CGY), Restore (RST), Paypoint (PAY), OFX Group Ltd Fully Paid Ord. Shrs (OFX), Knights Group (KGH) and ZCL Composites (ZCL). View all competitors.

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), Cargojet (CJT), Canadian National Railway (CNR), Enterprise Products Partners (EPD), Home Depot (HD) and Intel (INTC).

Who are K-Bro Linen's key executives?

K-Bro Linen's management team includes the following people:

Ms. Linda Jane McCurdy MBA, Pres, CEO & Director (Age 51)
Ms. Kristie L. Plaquin CPA, CA, Chief Financial Officer
Mr. Sean P. Curtis, Sr. VP & COO
Mr. Kevin J. Stephenson, Gen. Mang. of Toronto
Mr. Trevor G. Rye, Gen. Mang. of Edmonton

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 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 K-Bro Linen's stock price today?

One share of KBL stock can currently be purchased for approximately C$29.45.

How big of a company is K-Bro Linen?

K-Bro Linen has a market capitalization of C$309.49 million and generates C$251.90 million in revenue each year. K-Bro Linen employs 2,870 workers across the globe.

What is K-Bro Linen's official website?

The official website for K-Bro Linen is www.k-brolinen.com.

How can I contact K-Bro Linen?

K-Bro Linen's mailing address is 14903 137 Ave NW, EDMONTON, AB T5V 1R9, Canada. The company can be reached via phone at +1-780-4535218.

This page was last updated on 5/27/2020 by MarketBeat.com Staff