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TSE:MRU

Metro (MRU) Stock Price, News & Analysis

C$82.15
-0.17 (-0.21%)
(As of 07/26/2024 ET)
Today's Range
C$82.10
C$82.94
50-Day Range
C$72.63
C$82.50
52-Week Range
C$65.43
C$83.16
Volume
269,016 shs
Average Volume
435,519 shs
Market Capitalization
C$18.54 billion
P/E Ratio
19.24
Dividend Yield
1.63%
Price Target
C$79.86

Metro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
2.8% Downside
C$79.86 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Metro in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.62 out of 5 stars

MRU stock logo

About Metro Stock (TSE:MRU)

Metro Inc., through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries. It also manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under Pro Doc trademark; and provides online grocery shopping services. In addition, the company offers its private label food products under Irresistibles, Selection, Our Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands; and private label drug products comprising beauty and cosmetic products, over-the-counter medications, and personal care products, sold under the Personnelle brand name. It operates a network of food stores under various banners, including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics, as well as drugstores primarily under the PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy banners. The company was founded in 1947 and is headquartered in Montréal, Canada.

MRU Stock Price History

MRU Stock News Headlines

Metro (TSE:MRU) Stock Rating Upgraded by TD Securities
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
See More Headlines
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Company Calendar

Ex-Dividend for 6/4 Dividend
5/14/2024
Dividend Payable
6/04/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/14/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
97,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$79.86
High Stock Price Target
C$92.00
Low Stock Price Target
C$74.00
Potential Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
C$980.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$21.13 billion
Cash Flow
C$0.06 per share
Book Value
C$30.37 per share

Miscellaneous

Free Float
N/A
Market Cap
C$18.54 billion
Optionable
Not Optionable
Beta
0.05
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Key Executives

  • Mr. Eric Richer La Fleche (Age 62)
    President, CEO & Non-Independent Director
    Comp: $2.57M
  • Mr. Francois Thibault
    Executive VP, CFO & Treasurer
  • Mr. Marc Giroux
    Executive VP & COO – Food
  • Mr. Carmen Fortino (Age 65)
    Executive Vice President of National Supply Chain & Procurement
    Comp: $1.23M
  • Mr. Jean-Michel Coutu
    President of Jean Coutu Group
  • Mr. Frederic Legault
    VP & Chief Information Officer
  • Mr. Simon Rivet
    VP, General Counsel & Corporate Secretary
  • Ms. Marie-Claude Bacon
    Vice President of Public Affairs & Communications
  • Mr. Alain Tadros
    VP, Chief Marketing & Digital Strategy Officer
  • Ms. Geneviève Bich
    Vice President of Human Resources

Should I Buy Metro Stock? MRU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Metro Inc.:

  • Metro Inc. (MRU) recently hit a new 52-week high at C$76.51, indicating positive momentum in the stock price.
  • The company has a consistent dividend payout ratio of 31.38%, providing investors with a steady income stream.
  • Analysts have given Metro Inc. an average target price of C$77.86, suggesting potential for stock price appreciation.
  • Metro Inc. has a strong return on equity of 14.55%, indicating efficient use of shareholder funds.
  • The company's revenue for the last quarter was C$4.66 billion, surpassing the consensus estimate, showcasing strong financial performance.

Cons

Investors should be bearish about investing in Metro Inc. for these reasons:

  • The stock has a relatively high debt-to-equity ratio of 64.39, which may pose risks in times of economic uncertainty.
  • Metro Inc.'s stock price has experienced a slight decline of 0.3% recently, indicating potential volatility in the market.
  • The company's P/E ratio of 17.75 is higher than industry averages, suggesting the stock may be overvalued.
  • Metro Inc. has a beta of 0.05, indicating low volatility compared to the market, which may limit potential returns for investors seeking higher risk-reward opportunities.
  • The stock's 50-day simple moving average of C$73.46 is below the current trading price, signaling a possible short-term bearish trend.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Metro pros and cons to contact@marketbeat.com.

MRU Stock Analysis - Frequently Asked Questions

How have MRU shares performed this year?

Metro's stock was trading at C$68.59 on January 1st, 2024. Since then, MRU stock has increased by 19.8% and is now trading at C$82.15.
View the best growth stocks for 2024 here
.

How do I buy shares of Metro?

Shares of MRU 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 other stocks do shareholders of Metro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Metro investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Royal Bank of Canada (RY), BCE (BCE), Dollarama (DOL) and National Bank of Canada (NA).

This page (TSE:MRU) was last updated on 7/27/2024 by MarketBeat.com Staff

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