Velan Company Profile (TSE:VLN)

About Velan (TSE:VLN)

Velan logoVelan 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/
Capitalization:
  • Market Cap: C$377.17 million
  • Outstanding Shares: 21,664,000
Average Prices:
  • 50 Day Moving Avg: C$17.66
  • 200 Day Moving Avg: C$17.80
  • 52 Week Range: C$16.20 - C$19.80
P/E:
  • Trailing P/E Ratio: 129.93
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$325.45 million
  • Price / Sales: 1.16
  • Book Value: C$15.03 per share
  • Price / Book: 1.16
Dividend:
  • Dividend Yield: 2.3%
Profitability:
  • EBIDTA: C$20.78 million
  • Net Margins: -6.45%
  • Return on Equity: -5.30%
  • Return on Assets: -3.47%
Misc:
  • 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?

Velan is scheduled to release their next quarterly earnings announcement on Thursday, October, 12th 2017. View Earnings Estimates for Velan.

Who are some of Velan's key competitors?

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?

One share of Velan stock can currently be purchased for approximately C$17.41.


MarketBeat Community Rating for Velan (TSE VLN)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  10 (Vote Outperform)
Underperform Votes:  7 (Vote Underperform)
Total Votes:  17
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.

Analyst Ratings

Consensus Ratings for Velan (TSE:VLN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Velan (TSE:VLN)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Velan (TSE:VLN)
Earnings by Quarter for Velan (TSE:VLN)
Earnings History by Quarter for Velan (TSE VLN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/12/2017        
10/9/2013Q2$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Velan (TSE:VLN)
Current Year EPS Consensus Estimate: $0.30 EPS

Dividends

Dividend History by Quarter for Velan (TSE VLN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2017Quarterly$0.109/14/20179/15/20179/29/2017
6/11/2015Quarterly$0.102.03%6/11/20156/30/20156/30/2015
3/12/2015Quarterly$0.102.09%3/12/20153/31/20153/31/2015
12/11/2014Quarterly$0.101.97%12/11/201412/31/201412/31/2014
7/10/2014quarterly$0.102.35%9/11/20149/15/20149/30/2014
5/20/2014Quarterly$0.092.22%6/12/20146/16/20146/30/2014
1/9/2014Quarterly$0.072%3/13/20143/17/20143/31/2014
12/12/2013Quarterly$0.082.38%12/12/201312/31/201312/31/2013
10/9/2013$0.0812/12/201312/16/201312/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Velan (TSE:VLN)
Insider Trades by Quarter for Velan (TSE:VLN)
Insider Trades by Quarter for Velan (TSE:VLN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/26/2015Kenneth Joseph Chis MackinnonDirectorBuy2,000C$15.88C$31,760.00
7/15/2015Wolfgang MaarInsiderSell14,267C$18.40C$262,512.80
4/29/2015Edward James KernaghanInsiderSell1,600C$22.25C$35,600.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Velan (TSE:VLN)
Latest Headlines for Velan (TSE:VLN)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of VLN.TO earnings conference call or presentation 13-Jul-17 8:30pm GMT
finance.yahoo.com - August 12 at 1:55 AM
finance.yahoo.com logoVelan, Inc. :VLN-CA: Earnings Analysis: Q1, 2018 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 8:35 AM
benzinga.com logoVelan Announces Election of Directors - Benzinga
www.benzinga.com - July 14 at 10:01 PM
finance.yahoo.com logoVelan Announces Election of Directors
finance.yahoo.com - July 14 at 4:58 PM
finance.yahoo.com logoIIROC Trading Halt - VLN
finance.yahoo.com - July 14 at 9:44 AM
finance.yahoo.com logoVelan Inc. Reports Its First Quarter 2017/18 Financial Results
finance.yahoo.com - July 14 at 9:44 AM
finance.yahoo.com logoIIROC Trade Resumption - VLN
finance.yahoo.com - July 14 at 9:44 AM
finance.yahoo.com logoVelan Inc. Reports Its Year-End and Fourth Quarter 2016/17 Financial Results
finance.yahoo.com - May 19 at 1:35 PM
finance.yahoo.com logoVELAN receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in the U.K.
finance.yahoo.com - May 19 at 1:35 PM
finance.yahoo.com logoEdited Transcript of VLN.TO earnings conference call or presentation 18-May-17 8:30pm GMT
finance.yahoo.com - May 19 at 1:35 PM
finance.yahoo.com logoVelan, Inc.: Strong price momentum but will it sustain?
finance.yahoo.com - May 19 at 1:35 PM
finance.yahoo.com logoVelan Appoints Yves Leduc as CEO in Accordance With the Previously Announced CEO Succession Plan
finance.yahoo.com - March 2 at 1:19 AM
biz.yahoo.com logoQ3 2017 Velan Inc Earnings Release - Time Not Supplied
biz.yahoo.com - January 12 at 3:49 PM
finance.yahoo.com logoVelan Inc. Reports its Third Quarter 2016/17 Financial Results
finance.yahoo.com - January 12 at 3:49 PM
finance.yahoo.com logoVelan Inc.: Announcement
finance.yahoo.com - January 3 at 9:31 PM
benzinga.com logoVelan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million) - Benzinga
www.benzinga.com - November 29 at 1:04 PM
finance.yahoo.com logoVelan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million)
finance.yahoo.com - November 29 at 1:04 PM
finance.yahoo.com logoVelan announces new patent-protected cable drive actuator
finance.yahoo.com - November 29 at 1:04 PM
finance.yahoo.com logoVelan Inc.: 2016 Normal Course Issuer Bid
finance.yahoo.com - October 17 at 7:50 PM
finance.yahoo.com logoVelan Inc. Reports its Second Quarter 2016/17 Financial Results
finance.yahoo.com - October 13 at 8:12 PM

Social

Chart

Velan (VLN) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff