High Liner Foods (HLF) Stock Price, News & Analysis

Company Overview

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co. labels, and are available in most grocery and club stores. They also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.

Key Stats

• Today's Range: C$13.35 to C$13.75
• 50-Day Range: C$12.38 to C$13.73
• 52-Week Range: C$10.11 to C$13.95
• Volume: 6,000 shs
• Average Volume: 17,327 shs
• Market Capitalization: C$410.94 million
• P/E Ratio: 7.11
• Dividend Yield: 4.37%
• Price Target: C$15.42
• Consensus Rating: Hold

High Liner Foods Stock Analysis - MarketRank™

High Liner Foods scored higher than 45% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

High Liner Foods has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

High Liner Foods has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of High Liner Foods is 7.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of High Liner Foods is 7.11, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 198.31.

Price to Book Value per Share Ratio

High Liner Foods has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HLF.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

High Liner Foods is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

High Liner Foods does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of High Liner Foods is 31.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HLF.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

High Liner Foods has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.32 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 1 news article for High Liner Foods this week, compared to 1 article on an average week.

Search Interest

23 people have searched for HLF on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, High Liner Foods insiders have not sold or bought any company stock.

Percentage Held by Insiders

44.28% of the stock of High Liner Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 18.09% of the stock of High Liner Foods is held by institutions.

HLF Stock Analysis - Frequently Asked Questions

How have HLF shares performed this year?

High Liner Foods' stock was trading at C$11.82 on January 1st, 2024. Since then, HLF shares have increased by 16.2% and is now trading at C$13.73.
View the best growth stocks for 2024 here.

How were High Liner Foods' earnings last quarter?

High Liner Foods Inc (TSE:HLF) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.12. The firm had revenue of $298.72 million for the quarter, compared to analyst estimates of $286.86 million. High Liner Foods had a trailing twelve-month return on equity of 12.18% and a net margin of 4.82%.

How do I buy shares of High Liner Foods?

Shares of HLF 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 High Liner Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that High Liner Foods investors own include Enbridge (ENB), Whitecap Resources (WCP), Canadian National Railway (CNR), BCE (BCE), Bank of Nova Scotia (BNS), TELUS (T) and Manulife Financial (MFC).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/15 Dividend: 8/30/2024
• Dividend Payable: 9/15/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/13/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Defensive
• Industry: Packaged Foods
• Sub-Industry: N/A
• Current Symbol: TSE:HLF
• CUSIP: N/A
• CIK: N/A
• Web: www.highlinerfoods.com
• Phone: +1-902-6348811
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$15.42
• High Stock Price Target: C$18.25
• Low Stock Price Target: C$14.00
• Potential Upside/Downside: +12.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.93
• Trailing P/E Ratio: 7.11
• Forward P/E Ratio: 6.91
• P/E Growth: N/A
• Net Income: C$47.79 million
• Net Margins: 4.82%
• Pretax Margin: N/A
• Return on Equity: 12.18%
• Return on Assets: 5.30%

Debt

• Debt-to-Equity Ratio: 61.80
• Current Ratio: 2.88
• Quick Ratio: 0.38

Sales & Book Value

• Annual Sales: C$992.12 million
• Price / Sales: 0.41
• Cash Flow: C$0.10 per share
• Price / Cash Flow: 138.61
• Book Value: C$13.26 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 29,930,000
• Free Float: N/A
• Market Cap: C$410.94 million
• Optionable: Not Optionable
• Beta: 0.89