TSE:KBL

K-Bro Linen Stock Forecast, Price & News

C$41.15

-0.05 (-0.12 %)

(As of 04/16/2021 12:00 AM ET)

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Today's Range

C$40.69

Now: C$41.15▼

C$41.78

50-Day Range

C$36.37

MA: C$40.36▼

C$42.60

52-Week Range

C$24.00

Now: C$41.15▼

C$42.87

Volume29,168 shs

Average Volume20,415 shs

Market CapitalizationC$439.36 million

P/E Ratio114.94

Dividend Yield2.91%

BetaN/A

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, tablecloths, 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; and linen rental, workwear hire, and cleanroom garment services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

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

Employees2,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio45.73

Current Ratio1.72

Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio114.94

Forward P/E Ratio21.21

P/E Growth2.52

Sales & Book Value

Annual SalesC$196.59 million

Price / Sales2.23

Cash FlowC$0.24 per share

Price / Cash Flow174.34

Book ValueC$17.88 per share

Price / Book2.30

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares10,677,000

Market CapC$439.36 million

Next Earnings Date5/6/2021 (Estimated)

OptionableNot Optionable

Headlines

K-Bro Declares April 2021 Dividend
April 15, 2021 | finance.yahoo.com

K-Bro Linen Inc. (TSE:KBL) Given Average Recommendation of "Buy" by Analysts
April 11, 2021 | americanbankingnews.com

K-Bro Linen (TSE:KBL) Shares Cross Above 200-Day Moving Average of $35.73
April 9, 2021 | americanbankingnews.com

K-Bro Linen (TSE:KBL) Stock Price Passes Above 200-Day Moving Average of $35.29
April 1, 2021 | americanbankingnews.com

K-Bro Linen Inc.'s (TSE:KBL) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Correct Its Share Price?
March 24, 2021 | finance.yahoo.com

Leede Jones Gab Reaffirms "Buy" Rating for K-Bro Linen (TSE:KBL)
March 24, 2021 | americanbankingnews.com

Equities Analysts Set Expectations for K-Bro Linen Inc.'s FY2021 Earnings (TSE:KBL)
March 24, 2021 | americanbankingnews.com

K-Bro Reports 2020 Q4 Results with Record Healthcare Revenue
March 19, 2021 | finance.yahoo.com

K-Bro Linen Inc.
March 17, 2021 | wsj.com

TFSA Investors: The Best Recession-Resistant Business You Will Ever Find
March 10, 2021 | ca.finance.yahoo.com

K-Bro Announces Release Date, Conference Call and Webcast for Q4 2020 Financial Results
March 1, 2021 | markets.businessinsider.com

K-Bro Declares February 2021 Dividend
February 15, 2021 | finance.yahoo.com

Don't Race Out To Buy K-Bro Linen Inc. (TSE:KBL) Just Because It's Going Ex-Dividend
January 23, 2021 | finance.yahoo.com

Newcomer groups face cash crunch and high need during pandemic
January 16, 2021 | msn.com

K-Bro Declares January 2021 Dividend
January 15, 2021 | finance.yahoo.com

Why It Might Not Make Sense To Buy K-Bro Linen Inc. (TSE:KBL) For Its Upcoming Dividend
December 26, 2020 | finance.yahoo.com

Is K-Bro Linen Inc. (TSE:KBL) Trading At A 33% Discount?
December 20, 2020 | finance.yahoo.com

K-Bro Declares December 2020 Dividend
December 15, 2020 | benzinga.com

K-Bro Linen Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
November 13, 2020 | finance.yahoo.com

K-Bro Reports Improved Third Quarter Results for 2020
November 11, 2020 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.50 out of 5 stars

2.3 Analyst's Opinion

Consensus Rating
K-Bro Linen has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$41.57, K-Bro Linen has a forecasted upside of 1.0% from its current price of C$41.15.
Amount of Analyst Coverage
K-Bro Linen has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
K-Bro Linen has received 218 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
K-Bro Linen has received 192 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
K-Bro Linen has received 53.17% “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.

0.8 Dividend Strength

Dividend Yield
K-Bro Linen pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.
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 335.20%. Payout ratios above 75% are not desirable because they may not be sustainable.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, K-Bro Linen insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$21,160.00 in company stock and sold C$0.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of K-Bro Linen is 114.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of K-Bro Linen is 114.94, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 39.69.
Price to Earnings Growth Ratio
K-Bro Linen has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
K-Bro Linen has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$41.15

-0.05 (-0.12 %)

(As of 04/16/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

Is K-Bro Linen a buy right now?

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

What stocks does MarketBeat like better than K-Bro Linen?

Wall Street analysts have given K-Bro Linen a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but K-Bro Linen wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

K-Bro Linen is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for K-Bro Linen.

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

K-Bro Linen Inc. (TSE:KBL) released its earnings results on Thursday, March, 18th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.12. The company had revenue of $50.36 million for the quarter, compared to the consensus estimate of $48.10 million.
View K-Bro Linen's earnings history.

How has K-Bro Linen's stock price been impacted by COVID-19?

K-Bro Linen's stock was trading at C$40.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KBL shares have increased by 1.9% and is now trading at C$41.15.
View which stocks have been most impacted by COVID-19.

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 Monday, February 15th. Stockholders of record on Sunday, February 28th will be paid a dividend of 0.10 per share on Monday, March 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, February 25th.
View K-Bro Linen's dividend history.

Is K-Bro Linen a good dividend stock?

K-Bro Linen pays an annual dividend of C$1.20 per share and currently has a dividend yield of 2.91%. The dividend payout ratio of K-Bro Linen is 335.20%. Payout ratios above 75% are not desirable because they may not be sustainable.
View K-Bro Linen's dividend history.

What price target have analysts set for KBL?

5 brokerages have issued 12-month price objectives for K-Bro Linen's stock. Their forecasts range from C$33.00 to C$54.00. On average, they anticipate K-Bro Linen's share price to reach C$41.57 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
View analysts' price targets for K-Bro Linen or view top-rated stocks among Wall Street analysts.

Who are K-Bro Linen's key executives?

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

Ms. Linda Jane McCurdy M.B.A., MBA, Pres, CEO & Director (Age 53, Pay $1.28M)
Ms. Kristie L. Plaquin C.A., CPA, CPA, CA, Chief Financial Officer
Mr. Sean P. Curtis, Sr. VP, COO & GM
Mr. Kevin J. Stephenson, Gen. Mang. of Toronto
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. Sean Jackson, Gen. Mang. of Regina

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

Some companies that are related to K-Bro Linen include Serco Group (SRP), GlobalData (DATA), Energy Fuels (EFR), Smart Metering Systems (SMS), Mitie Group (MTO), GDI Integrated Facility Services (GDI), Capita (CPI), Johnson Service Group (JSG), Calian Group (CGY), People (PEO), ITE Group (ITE), James Fisher and Sons (FSJ), Equiniti Group (EQN), Restore (RST) and Aimia (AIM).
View all of KBL's 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 The Walt Disney (DIS), Mastercard (MA), Broadcom (AVGO), The Bank of Nova Scotia (BNS), Visa (V), Verizon Communications (VZ), Cargojet (CJT), Canadian National Railway (CNR), Enterprise Products Partners (EPD) and The 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 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$41.15.

How much money does K-Bro Linen make?

K-Bro Linen has a market capitalization of C$439.36 million and generates C$196.59 million in revenue each year.

How many employees does K-Bro Linen have?

K-Bro Linen employs 2,000 workers across the globe.

What is K-Bro Linen's official website?

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

Where are K-Bro Linen's headquarters?

K-Bro Linen is headquartered at 14903 137 Ave NW, EDMONTON, AB T5V 1R9, Canada.

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 4/18/2021 by MarketBeat.com Staff

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