Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service. The company also provides quarter-turn valves, such as ball, metal-seated ball, forged ball, power ball, high performance three-piece ball, general purpose ball, triple-offset butterfly, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. In addition, it offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, ball, and cryogenic control valves; cast steel and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. Further, the company provides bimetallic steam and thermodynamic steam traps; and specialty valves and actuators for oil and gas, LNG, and petrochemical processes, as well as offers spare parts. It serves power generation, oil and gas, refining and petrochemicals, chemicals and pharmaceuticals, pulp and paper, LNG and cryogenics, water and wastewater, mining, and shipbuilding industries. Velan Inc. primarily sells its products through independent third party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada. Velan Inc. is a subsidiary of Velan Holding Co. Ltd.
Industry, Sector and Symbol:
- Sector: Industrial Goods
- Industry: Diversified Machinery
- Sub-Industry: N/A
- Symbol: TSE:VLN
- CUSIP: N/A
- Web: https://www.velan.com/
- Market Cap: C$377.17 million
- Outstanding Shares: 21,664,000
- 50 Day Moving Avg: C$17.66
- 200 Day Moving Avg: C$17.80
- 52 Week Range: C$16.20 - C$19.80
Sales & Book Value:
- Trailing P/E Ratio: 129.93
- 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: -6.45%
- Return on Equity: -5.30%
- Return on Assets: -3.47%
- Average Volume: 1,475 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. Stockholders 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 2.30%. The ex-dividend date is Thursday, September 14th. View Velan's Dividend History.
When will Velan make its next earnings announcement?
Who are some of Velan's key competitors?
Some companies that are related to Velan include Rogers Sugar (RSI), Savaria (SIS), Dirtt Environmental Solutions Ltd (DRT), Heroux Devtek (HRX), CanWel Building Materials Group Ltd (CWX), Bird Construction (BDT), Mj Gleeson Plc (GLE), IBI Group (IBG), Stuart Olson (SOX), Conifex Timber (CFF), Accsys Technologies Plc (AXS), Global Power Equipment Group (GLPW), Atlantis Resources Ltd (ARL), WesternOne (WEQ), Nuverra Environmental Solutions (NES), Abengoa SA (ABGB), Adelaide Brighton (ABC) and Atlantia SpA (ATL).
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$17.41.
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|
|10/12/2017|| || || || || || || || |
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 Monday, August, 21, 2017