price to sales ratio
BCE INC. $55 (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 900.4 million; Market cap: $49.5 billion; Price-to-sales ratio: 2.2; Dividend yield: 5.5%; TSINetwork Rating: Above Average; www.bce.ca) is Canada’s largest traditional telephone service provider, with 6.3 million customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
MOLSON COORS CANADA INC. (Toronto symbols TPX.A $99 and TPX.B $102; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $22.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.0%; TSINetwork Rating: Average; www.molsoncoors.com) acquired the remaining 58% of the MillerCoors brewing joint venture in October 2016 for $12 billion (all amounts except share prices and market cap in U.S....
We like Encana and Cenovus, mainly due to their high-quality reserves and low operating costs. However, Encana’s exposure to weak gas prices hurts its appeal.
ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 971.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 3.6; Dividend yield: 0.5%; TSINetwork Rating: Average; www.encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 971.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 3.6; Dividend yield: 0.5%; TSINetwork Rating: Average; www.encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
METRO INC. $41 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario.
For the fiscal 2018 first quarter, ended December 23, 2017, Metro’s earnings rose 11.1%, to $153.4 million from $138.1 million a year earlier....
For the fiscal 2018 first quarter, ended December 23, 2017, Metro’s earnings rose 11.1%, to $153.4 million from $138.1 million a year earlier....
IGM FINANCIAL INC. $37 (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 240.6 million; Market cap: $8.9 billion; Price-to-sales ratio: 2.7; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.igmfinancial.com) had $155.8 billion in assets under management as of March 31, 2018....
HOME CAPITAL GROUP INC. $14 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 80.3 million; Market cap: $1.1 billion; Price-to-sales ratio: 4.0; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
The company stands to gain from higher interest rates and stricter rules on mortgage lending at Canada’s chartered banks....
The company stands to gain from higher interest rates and stricter rules on mortgage lending at Canada’s chartered banks....
We continue to recommend that all investors own two to three of Canada’s big five banks, including Bank of Montreal (see page 41). Despite the recent market swings, they should continue to profit from their recent acquisitions and their shift to low-cost online transactions.
ROYAL BANK OF CANADA $97 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $135.8 billion; Price-to-sales: 3.5; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest bank with assets of $1.27 trillion.
Royal continues to profit from its November 2015 purchase of Los Angeles-based City National Bank....
ROYAL BANK OF CANADA $97 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $135.8 billion; Price-to-sales: 3.5; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest bank with assets of $1.27 trillion.
Royal continues to profit from its November 2015 purchase of Los Angeles-based City National Bank....
CANADIAN TIRE CORP. $170 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 63.1 million; Market cap: $10.7 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.canadiantire.ca) owns 501 Canadian Tire stores across Canada....
Over the past several years, Bank of Montreal has steadily built up its business in the U.S. and other countries outside of its core market. At the same time, it has strengthened its operations here in Canada with investments in its online and mobile banking platforms.
We feel those moves will continue to spur the bank’s earnings and give it more room to keep raising its dividend.
BANK OF MONTREAL $95 (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 645.5 million; Market cap: $61.3 billion; Price-to-sales ratio: 2.8; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.bmo.com) originally began operating in 1817, making it Canada’s oldest chartered bank.
With assets of $727.9 billion as of January 31, 2018, it’s now the fourth-largest Canadian bank; it’s the eighth-largest in North America.
Bank of Montreal currently provides a wide range of financial services to over 10 million customers from 900 branches in Canada and 600 in the U.S....
We feel those moves will continue to spur the bank’s earnings and give it more room to keep raising its dividend.
BANK OF MONTREAL $95 (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 645.5 million; Market cap: $61.3 billion; Price-to-sales ratio: 2.8; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.bmo.com) originally began operating in 1817, making it Canada’s oldest chartered bank.
With assets of $727.9 billion as of January 31, 2018, it’s now the fourth-largest Canadian bank; it’s the eighth-largest in North America.
Bank of Montreal currently provides a wide range of financial services to over 10 million customers from 900 branches in Canada and 600 in the U.S....
AMERICAN EXPRESS CO. $91 (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 860.1 million; Market cap: $78.3 billion; Price-to-sales ratio: 2.6; Dividend yield: 1.5%; TSINetwork Rating: Average; www.americanexpress.com) is one of the world’s largest issuers of payment cards....