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TSE:MRU

Metro (MRU) Stock Price, News & Analysis

C$70.46
-0.40 (-0.56%)
(As of 01:20 PM ET)
Today's Range
C$70.01
C$70.96
50-Day Range
C$68.44
C$74.62
52-Week Range
C$65.43
C$78.88
Volume
143,688 shs
Average Volume
433,664 shs
Market Capitalization
C$16.00 billion
P/E Ratio
16.12
Dividend Yield
1.90%
Price Target
C$77.21

Metro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.8% Upside
C$77.21 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Metro in the last 14 days
Based on 2 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.

0.28 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

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Metro Inc. (MRU.TO)
Metro Inc. Reports 2024 First Quarter Results
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 3/12 Dividend
2/14/2024
Dividend Payable
3/12/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/24/2024

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$77.21
High Stock Price Target
C$82.00
Low Stock Price Target
C$74.00
Potential Upside/Downside
+9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
C$1.01 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$21.03 billion
Cash Flow
C$0.05 per share
Book Value
C$30.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$15.96 billion
Optionable
Not Optionable
Beta
0.04
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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. has a consistent track record of meeting or exceeding analysts' earnings per share (EPS) estimates, indicating strong financial performance.
  • The company recently increased its dividend, providing investors with a steady income stream and demonstrating confidence in its financial stability.
  • Metro's stock price has crossed above its 200-day moving average, a technical indicator that could signal a potential uptrend in the stock.
  • With a market capitalization of C$16.51 billion, Metro is a well-established company with a significant presence in the market.
  • Analysts have given Metro a consensus rating of "Hold" with an average price target of C$77.21, suggesting potential upside for investors.

Cons

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

  • Despite recent positive developments, Metro's stock has a beta of 0.04, indicating low volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
  • The company's debt-to-equity ratio of 65.71 is relatively high, which could pose risks in case of economic downturns or rising interest rates.
  • Metro's current ratio of 1.16 and quick ratio of 0.41 suggest potential liquidity challenges in meeting short-term obligations.
  • While Metro has shown growth potential, its PEG ratio of 2.12 indicates that the stock may be overvalued relative to its earnings growth rate.
  • Investors should consider the 52-week high and low prices of Metro stock (C$78.88 and C$65.43 respectively) to assess the stock's historical price volatility.
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 Saturday, April 13, 2024. Please send any questions or comments about these Metro pros and cons to contact@marketbeat.com.

MRU Stock Analysis - Frequently Asked Questions

Should I buy or sell Metro stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metro in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MRU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRU, but not buy additional shares or sell existing shares.
View MRU analyst ratings
or view top-rated stocks.

What is Metro's stock price target for 2024?

7 Wall Street analysts have issued 12-month price objectives for Metro's shares. Their MRU share price targets range from C$74.00 to C$82.00. On average, they anticipate the company's share price to reach C$77.21 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for MRU
or view top-rated stocks among Wall Street analysts.

How have MRU shares performed in 2024?

Metro's stock was trading at C$68.59 at the beginning of the year. Since then, MRU shares have increased by 2.5% and is now trading at C$70.31.
View the best growth stocks for 2024 here
.

When is Metro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our MRU earnings forecast
.

How were Metro's earnings last quarter?

Metro Inc. (TSE:MRU) issued its quarterly earnings data on Tuesday, January, 30th. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. The firm had revenue of $4.97 billion for the quarter, compared to the consensus estimate of $4.86 billion. Metro had a net margin of 4.81% and a trailing twelve-month return on equity of 15.00%.

How often does Metro pay dividends? What is the dividend yield for Metro?

Metro declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Tuesday, March 12th will be given a dividend of 0.335 per share on Tuesday, March 12th. This represents a $1.34 annualized dividend and a yield of 1.91%. The ex-dividend date is Wednesday, February 14th. This is an increase from the stock's previous quarterly dividend of C$0.30.
Read our dividend analysis for MRU
.

Is Metro a good dividend stock?

Metro (TSE:MRU) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 1.83%. The dividend payout ratio is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRU.

What other stocks do shareholders of Metro own?
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.

This page (TSE:MRU) was last updated on 4/16/2024 by MarketBeat.com Staff

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