Velan Inc. designs, manufactures and markets a range of industrial valves for use in various industry applications across the world, including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The Company produces steel industrial valves operating approximately 15 manufacturing plants across the world. The Company has operations in geographies, including Canada, the United States, France, Italy and Other. The Company's North American operations comprise approximately four manufacturing plants and a distribution facility in Canada, as well as a manufacturing plant and over three distribution facilities in the United States. The Company's overseas operations include manufacturing plants in France, Italy, Portugal, the United Kingdom, Korea, Taiwan, India and China. The Company's operations also include a distribution facility in Germany and over 50% owned Korean foundry.
Industry, Sector and Symbol:
- Market Cap: C$379.12 million
- Outstanding Shares: 21,665,000
- 50 Day Moving Avg: C$18.27
- 200 Day Moving Avg: C$17.80
- 52 Week Range: C$16.20 - C$19.80
Sales & Book Value:
- Trailing P/E Ratio: 130.60
- P/E Growth: 0.00
- Annual Revenue: C$325.45 million
- Price / Sales: 1.16
- Book Value: C$15.03 per share
- Price / Book: 1.16
- EBIDTA: C$20.78 million
- Net Margins: 3.97%
- Return on Equity: 4.58%
- Return on Assets: 3.20%
- Average Volume: 1,727 shs.
Frequently Asked Questions for Velan (TSE:VLN)
What is Velan's stock symbol?
Velan trades on the Tornton Stock Exchange (TSX) under the ticker symbol "VLN."
How often does Velan pay dividends? What is the dividend yield for Velan?
Velan declared a quarterly dividend on Friday, July 14th. Investors of record on Friday, September 15th will be given a dividend of 0.10 per share on Friday, September 29th. This represents a $0.40 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Thursday, September 14th. View Velan's Dividend History.
Who are some of Velan's key competitors?
Some companies that are related to Velan include Klondex Mines Ltd (KDX), Mountain Province Diamonds (MPVD), Guardian Capital Group (GCG), Callidus Capital Corp (CBL), Baytex Energy Corp (BTE), Student Transportation (STB), Clearwater Seafoods (CLR), Trican Well Service Ltd (TCW), Stornoway Diamond (SWY), Acasta Enterprises (AEF), Timbercreek Financial Corp (TF), Richmont Mines (RIC), Trilogy Energy Corp (TET), Canada Goose Holdings (GOOS), Major Drilling Group Int'l (MDI), Avigilon Corp (AVO), Premier Gold Mines (PG) and AGT Food and Ingredients (AGT).
Who are Velan's key executives?
Velan's management team includes the folowing people:
- Thomas C. Velan, Chairman of the Board
- Yves Leduc, President, Chief Executive Officer, Director
- John D. Ball, Chief Financial Officer
- Wolfgang Maar, Executive Vice President - International Sales and Overseas Operations
- Martin Allen, Executive Vice President - Manufacturing Operations and Global Supply Chain
- Ivan C. Velan, Executive Vice President
- Sabine Bruckert, Vice President - Human Resources, General Counsel, Corporate Secretary
- Robert Velan, Vice President - Sales Administration, North America, Director
- Paul Dion, Vice President, Canadian Sales
- Paul Lee, Vice President - Sales, United States Eastern Division
How do I buy Velan stock?
Shares of Velan 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 Velan's stock price today?
MarketBeat Community Rating for Velan (TSE VLN)MarketBeat's community ratings are surveys of what our community members think about Velan and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Velan stock can currently be purchased for approximately C$17.50.
Consensus Ratings for Velan (TSE:VLN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for Velan (TSE:VLN)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Velan (TSE:VLN)Earnings History by Quarter for Velan (TSE VLN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for Velan (TSE:VLN)
Current Year EPS Consensus Estimate: $0.30 EPS
Dividend History by Quarter for Velan (TSE VLN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Velan (TSE:VLN)Insider Trades by Quarter for Velan (TSE:VLN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/26/2015||Kenneth Joseph Chis Mackinnon||Director||Buy||2,000||C$15.88||C$31,760.00|
|4/29/2015||Edward James Kernaghan||Insider||Sell||1,600||C$22.25||C$35,600.00|
Headline Trends for Velan (TSE:VLN)
Latest Headlines for Velan (TSE:VLN)
Velan (VLN) Chart for Thursday, July, 20, 2017