Loblaw Companies (L) Stock Price, News & Analysis

Company Overview

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, health care services, other health and beauty product stores, apparel stores, and other general merchandise stores. The Financial Services segment provides credit card and banking services, the PC Optimum loyalty program, insurance brokerage services, and telecommunication services. The company offers PC Health app. It provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.

Key Stats

• Today's Range: C$176.54 to C$177.69
• 50-Day Range: C$170.70 to C$187.39
• 52-Week Range: C$116.81 to C$188.77
• Volume: 23,138 shs
• Average Volume: 354,392 shs
• Market Capitalization: C$54.04 billion
• P/E Ratio: 26.81
• Dividend Yield: 1.16%
• Price Target: C$191.29
• Consensus Rating: Moderate Buy

Loblaw Companies Stock Analysis - MarketRank™

Loblaw Companies scored higher than 22% 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: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Loblaw Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Loblaw Companies has only been the subject of 2 research reports 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 Loblaw Companies is 26.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Loblaw Companies is 26.86, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 207.34.

Price to Earnings Growth Ratio

Loblaw Companies has a PEG Ratio of 3.23. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Loblaw Companies has a P/B Ratio of 4.91. P/B Ratios above 3 indicate that a company could be overvalued 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 L.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Loblaw Companies pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Loblaw Companies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Loblaw Companies is 31.06%. 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 L.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

Loblaw Companies has a news sentiment score of 0.35. 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 news sentiment score is similar to the average news sentiment of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 30 news articles for Loblaw Companies this week, compared to 3 articles on an average week.

Search Interest

Only 6 people have searched for L on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Loblaw Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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, Loblaw Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

53.77% of the stock of Loblaw Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.72% of the stock of Loblaw Companies is held by institutions.

L Stock Analysis - Frequently Asked Questions

How have L shares performed this year?

Loblaw Companies' stock was trading at C$128.28 at the beginning of the year. Since then, L stock has increased by 38.2% and is now trading at C$177.26.
View the best growth stocks for 2024 here.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) released its earnings results on Wednesday, July, 26th. The company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.01. The business had revenue of $11.08 billion for the quarter, compared to analyst estimates of $10.96 billion. Loblaw Companies had a trailing twelve-month return on equity of 19.22% and a net margin of 3.46%.

How do I buy shares of Loblaw Companies?

Shares of L 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.
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What other stocks do shareholders of Loblaw Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Loblaw Companies investors own include George Weston (WN), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE), Suncor Energy (SU) and Royal Bank of Canada (RY).

Company Calendar

• Last Earnings: 7/26/2017
• Ex-Dividend for 10/1 Dividend: 9/13/2024
• Dividend Payable: 10/01/2024
• Today: 11/21/2024
• Dividend Payable: 12/30/2024
• Ex-Dividend for 12/30 Dividend: 1/01/2100

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Defensive
• Industry: Grocery Stores
• Sub-Industry: Insurance
• Current Symbol: TSE:L
• CUSIP: N/A
• CIK: N/A
• Web: www.loblaw.ca
• Phone: +1-905-4592500
• Fax: N/A
• Employees: 12,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$191.29
• High Stock Price Target: C$206.00
• Low Stock Price Target: C$161.00
• Potential Upside/Downside: +7.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$6.60
• Trailing P/E Ratio: 26.86
• Forward P/E Ratio: 19.43
• P/E Growth: 3.23
• Net Income: C$2.08 billion
• Net Margins: 3.46%
• Pretax Margin: N/A
• Return on Equity: 19.22%
• Return on Assets: 5.89%

Debt

• Debt-to-Equity Ratio: 163.32
• Current Ratio: 1.36
• Quick Ratio: 0.68

Sales & Book Value

• Annual Sales: C$60.32 billion
• Price / Sales: 0.90
• Cash Flow: C$7.65 per share
• Price / Cash Flow: 23.18
• Book Value: C$36.08 per share
• Price / Book: 4.91

Miscellaneous

• Outstanding Shares: 305,390,000
• Free Float: N/A
• Market Cap: C$54.13 billion
• Optionable: Not Optionable
• Beta: 0.17