K-Bro Linen (KBL) Stock Price, News & Analysis

Company Overview

K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. In addition, it provides linen rental, workwear hire, and cleanroom garment services. The company was founded in 1954 and is headquartered in Edmonton, Canada.

Key Stats

• Today's Range: C$33.76 to C$34.15
• 50-Day Range: C$34.00 to C$37.56
• 52-Week Range: C$30.65 to C$37.74
• Volume: 4,965 shs
• Average Volume: 11,392 shs
• Market Capitalization: C$355.64 million
• P/E Ratio: 20.99
• Dividend Yield: 3.53%
• Price Target: C$46.17
• Consensus Rating: Buy

K-Bro Linen Stock Analysis - MarketRank™

K-Bro Linen scored higher than 64% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

K-Bro Linen has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

K-Bro Linen 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 K-Bro Linen is 20.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of K-Bro Linen is 20.99, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 499.55.

Price to Earnings Growth Ratio

K-Bro Linen has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

K-Bro Linen has a P/B Ratio of 2.00. 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 KBL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

K-Bro Linen pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

K-Bro Linen does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of K-Bro Linen is 74.07%. 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 KBL.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

K-Bro Linen has a news sentiment score of 0.80. 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 0.30 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for K-Bro Linen this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, K-Bro Linen insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$39,611.00 in company stock.

Percentage Held by Insiders

Only 3.25% of the stock of K-Bro Linen is held by insiders.

Percentage Held by Institutions

Only 34.44% of the stock of K-Bro Linen is held by institutions.

KBL Stock Analysis - Frequently Asked Questions

How have KBL shares performed this year?

K-Bro Linen's stock was trading at C$33.00 at the start of the year. Since then, KBL stock has increased by 3.0% and is now trading at C$34.00.
View the best growth stocks for 2024 here.

How were K-Bro Linen's earnings last quarter?

K-Bro Linen Inc. (TSE:KBL) issued its quarterly earnings results on Tuesday, August, 6th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.08. The business earned $93.47 million during the quarter, compared to the consensus estimate of $88.57 million. K-Bro Linen had a net margin of 5.03% and a trailing twelve-month return on equity of 9.76%.

How do I buy shares of K-Bro Linen?

Shares of KBL 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 K-Bro Linen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that K-Bro Linen investors own include Meta Platforms (META), NVIDIA (NVDA), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Visa (V), Enbridge (ENB) and Mastercard (MA).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 10/24/2024
• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Next Earnings (Estimated): 11/14/2024
• Dividend Payable: 11/15/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Specialty Business Services
• Sub-Industry: N/A
• Current Symbol: TSE:KBL
• CUSIP: N/A
• CIK: N/A
• Web: www.k-brolinen.com
• Phone: +1-780-4535218
• Fax: N/A
• Employees: 3,050
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$46.17
• High Stock Price Target: C$47.50
• Low Stock Price Target: C$45.00
• Potential Upside/Downside: +35.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.62
• Trailing P/E Ratio: 20.99
• Forward P/E Ratio: 14.54
• P/E Growth: 3.5
• Net Income: C$17.26 million
• Net Margins: 5.03%
• Pretax Margin: N/A
• Return on Equity: 9.76%
• Return on Assets: 4.90%

Debt

• Debt-to-Equity Ratio: 107.82
• Current Ratio: 1.80
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: C$343.05 million
• Price / Sales: 1.04
• Cash Flow: C$0.19 per share
• Price / Cash Flow: 181.25
• Book Value: C$16.99 per share
• Price / Book: 2.00

Miscellaneous

• Outstanding Shares: 10,460,000
• Free Float: N/A
• Market Cap: C$355.64 million
• Optionable: Not Optionable
• Beta: 1.08