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$4.88 to C$4.89
• 50-Day Range: C$4.00 to C$4.90
• 52-Week Range: C$2.60 to C$4.93
• Volume: 33,425 shs
• Average Volume: 15,081 shs
• Market Capitalization: C$89.35 million
• P/E Ratio: 37.54
• Dividend Yield: 10.00%
• Price Target: C$5.50
• Consensus Rating: Strong Buy

RediShred Capital Stock Analysis - MarketRank™

RediShred Capital scored higher than 16% 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: 1.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

RediShred Capital has only been the subject of 1 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 RediShred Capital is 37.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of RediShred Capital is 37.54, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 369.90.

Price to Book Value per Share Ratio

RediShred Capital has a P/B Ratio of 1.77. 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 KUT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

RediShred Capital is a leading dividend payer. It pays a dividend yield of 10.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

RediShred Capital does not have a long track record of dividend growth.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for KUT.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: N/A

News Sentiment

RediShred Capital has a news sentiment score of 0.10. 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 lower news sentiment than the 0.43 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for RediShred Capital this week, compared to 0 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, RediShred Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.24% of the stock of RediShred Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 13.58% of the stock of RediShred Capital is held by institutions.

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 the year. Since then, KUT shares have increased by 69.4% and is now trading at C$4.88.
View the best growth stocks for 2024 here.

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.
Compare Top Brokerages Here.

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).

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$5.50
• High Stock Price Target: C$6.00
• Low Stock Price Target: C$5.00
• Potential Upside/Downside: +12.7%
• 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: 37.54
• Forward P/E Ratio: 20.51
• 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: 1.33
• Cash Flow: C$0.76 per share
• Price / Cash Flow: 6.40
• Book Value: C$2.75 per share
• Price / Book: 1.77

Miscellaneous

• Outstanding Shares: 18,310,000
• Free Float: N/A
• Market Cap: C$89.35 million
• Optionable: Not Optionable
• Beta: 1.34