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Empire Co Cl A NV (TSE:EMP.A)
TSX:EMP.A
Empire Co Cl A NV (EMP.A) Stock Price & Analysis
98 Followers
EMP.A Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$31.27 - C$40.25
Previous CloseC$31.96
Volume250.23K
Average Volume (3M)428.73K
Market Cap
C$8.10B
Enterprise ValueC$15.26B
Total Cash (Recent Filing)C$249.10M
Total Debt (Recent Filing)C$7.29B
Price to Earnings (P/E)10.6
Beta0.39
Next Earnings
Jun 20, 2024EPS Estimate
C$0.64Last Dividend Ex-Date
Apr 12, 2024Dividend Yield2.23%
Share Statistics
EPS (TTM)3.02
Shares Outstanding245,030,070
10 Day Avg. Volume294,131
30 Day Avg. Volume428,728
Standard Deviation0.05
R-Squared0.15
Alpha0.00203
Financial Highlights & Ratios
Price to Book (P/B)4.11
Price to Sales (P/S)0.62
Price to Cash Flow (P/CF)2.90
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$38.14Price Target Upside17.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEPS growth is expected to resume as market conditions improve and cost-reduction benefits ramp up.
Strategic InitiativesManagement expects benefits from organizational restructuring and other cost reduction efforts to gradually ramp up.
ValuationEMP’s valuation gap versus peers suggests a potential upside if it can achieve the forecasted EPS growth.
Bears Say
Competitive PositionEMP's relatively higher weighting in conventional grocery makes it more susceptible to share losses to discount competitors.
Macroeconomic ImpactMacroeconomic pressures continue to weigh on consumers, impacting same-store sales and causing growth deceleration.
Profitability ConcernsThere are concerns that Voilà, EMP's service, may take longer than expected to near profitability, amidst periods of decelerating inflation that tend to challenge earnings growth.
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EMP.A FAQ
What was Empire Co Cl A NV’s price range in the past 12 months?
Empire Co Cl A NV lowest stock price was C$31.27 and its highest was C$40.25 in the past 12 months.
What is Empire Co Cl A NV’s market cap?
Currently, no data Available
When is Empire Co Cl A NV’s upcoming earnings report date?
Empire Co Cl A NV’s upcoming earnings report date is Jun 20, 2024 which is in 55 days.
How were Empire Co Cl A NV’s earnings last quarter?
Empire Co Cl A NV released its earnings results on Mar 14, 2024. The company reported C$0.62 earnings per share for the quarter, missing the consensus estimate of C$0.638 by -C$0.018.
Is Empire Co Cl A NV overvalued?
According to Wall Street analysts Empire Co Cl A NV’s price is currently Undervalued.
Does Empire Co Cl A NV pay dividends?
Empire Co Cl A NV pays a Quarterly dividend of C$0.18 which represents an annual dividend yield of 2.23%. See more information on Empire Co Cl A NV dividends here
What is Empire Co Cl A NV’s EPS estimate?
Empire Co Cl A NV’s EPS estimate is C$0.64.
How many shares outstanding does Empire Co Cl A NV have?
Empire Co Cl A NV has 155,164,900 shares outstanding.
What happened to Empire Co Cl A NV’s price movement after its last earnings report?
Empire Co Cl A NV reported an EPS of C$0.62 in its last earnings report, missing expectations of C$0.638. Following the earnings report the stock price went down -2.645%.
Which hedge fund is a major shareholder of Empire Co Cl A NV?
Currently, no hedge funds are holding shares in TSE:EMP.A
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Empire Co Cl A NV Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
C$38.14 (17.79% Upside)
C$38.14 (17.79% Upside)
Blogger Sentiment
Bullish
TSE:EMP.A Sentiment 100%
Sector Average 66%
Sector Average 66%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.69%
12-Months-Change
Fundamentals
Return on Equity
14.50%
Trailing 12-Months
Asset Growth
0.93%
Trailing 12-Months
Company Description
Empire Co Cl A NV
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.
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EMP.A Stock 12 Months Forecast
Average Price Target
C$38.14
▲(17.79% Upside)
Technical Analysis
Best Analysts Covering EMP.A
1 Year
1 Year Success Rate
5/13 ratings generated profit
1 Year Average Return
-1.05%
reiterated a buy rating last month
Copying Chris Li CFA's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of -1.05% per trade.
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