RediShred Capital (KUT) Stock Price, News & Analysis

Company Overview

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations. The company also provides shredding and destruction services; offers electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resells electronics. In addition, it offers digital imaging, scanning, and related workflow management services. The company was incorporated in 2006 and is headquartered in Mississauga, Canada.

Key Stats

• Today's Range: C$4.36 to C$4.64
• 50-Day Range: C$3.09 to C$4.38
• 52-Week Range: C$2.50 to C$4.67
• Volume: 17,440 shs
• Average Volume: 5,575 shs
• Market Capitalization: C$82.76 million
• P/E Ratio: 34.77
• Dividend Yield: 10.00%
• Price Target: C$6.00
• Consensus Rating: Strong Buy

KUT Stock Analysis - Frequently Asked Questions

How have KUT shares performed this year?

RediShred Capital's stock was trading at C$2.88 at the beginning of 2024. Since then, KUT stock has increased by 56.9% and is now trading at C$4.52.
View the best growth stocks for 2024 here.

How were RediShred Capital's earnings last quarter?

RediShred Capital Corp. (CVE:KUT) issued its quarterly earnings data on Wednesday, August, 28th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $17.95 million for the quarter, compared to analysts' expectations of $18.28 million. RediShred Capital had a trailing twelve-month return on equity of 5.09% and a net margin of 3.69%.

How do I buy shares of RediShred Capital?

Shares of KUT 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 RediShred Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RediShred Capital investors own include AutoZone (AZO), Intel (INTC), Stericycle (SRCL), TJX Companies (TJX), Abacus Health Products (ABAHF), Avino Silver & Gold Mines (ASM) and Avino Silver & Gold Mines (ASM).

Company Calendar

• Last Earnings: 8/28/2024
• Today: 11/04/2024
• Next Earnings (Estimated): 11/28/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Industrials
• Industry: Specialty Business Services
• Sub-Industry: N/A
• Current Symbol: CVE:KUT
• CUSIP: N/A
• CIK: N/A
• Web: www.redishred.com
• Phone: +1-416-4908600
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$6.00
• High Stock Price Target: C$6.00
• Low Stock Price Target: C$6.00
• Potential Upside/Downside: +32.7%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.13
• Trailing P/E Ratio: 34.77
• Forward P/E Ratio: 19.00
• P/E Growth: N/A
• Net Income: C$2.48 million
• Net Margins: 3.69%
• Pretax Margin: N/A
• Return on Equity: 5.09%
• Return on Assets: 2.25%

Debt

• Debt-to-Equity Ratio: 69.47
• Current Ratio: 0.46
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: C$67.31 million
• Price / Sales: 1.23
• Cash Flow: C$0.71 per share
• Price / Cash Flow: 6.40
• Book Value: C$2.75 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 18,310,000
• Free Float: N/A
• Market Cap: C$82.76 million
• Optionable: Not Optionable
• Beta: 1.34