price to sales ratio
Dear client:
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
TELUS CORP. $45 (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 590.6 million; Market cap: $26.6 billion; Price-to-sales ratio: 2.1; Dividend yield: 4.4%; TSINetwork Rating: Above Av erage; www.telus.com) now expects to spend a total of $3.0 billion in 2017 on upgrades to its wire less and high-speed Internet networks....
On average, Canada’s Big Five banks are down about 8% in the past three months. That’s partly due to concerns over a sharp increase in real estate prices, especially in Toronto and Vancouver. Any significant rise in interest rates would hurt the ability of some borrowers to repay their mortgages....
HOME CAPITAL GROUP INC. $9.64 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 64.3 million; Market cap: $619.9 million; Price-to-sales ratio: 1.1; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter stan dards of Canada’s big banks and other larger, traditional lenders.
Due to charges that the company failed to disclose material information in a timely manner, depositors continue to remove their cash from Home Trust (Home Capital’s wholly owned banking subsidiary)....
Due to charges that the company failed to disclose material information in a timely manner, depositors continue to remove their cash from Home Trust (Home Capital’s wholly owned banking subsidiary)....
SUNCOR ENERGY INC. $41 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.7 billion; Market cap: $69.7 billion; Price-to-sales ratio: 2.4; Dividend yield: 3.1%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company.
With a 53.74% stake, the company is also the biggest investor in Alberta’s Syncrude oil sands project.
In March 2017, an explosion and fire damaged the part of the Syncrude facility responsible for upgrading heavy oil....
With a 53.74% stake, the company is also the biggest investor in Alberta’s Syncrude oil sands project.
In March 2017, an explosion and fire damaged the part of the Syncrude facility responsible for upgrading heavy oil....
MAPLE LEAF FOODS INC. $35 (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 129.6 million; Market cap: $4.5 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.3%; TSINetwork Rating: Average; www.mapleleaffoods.com) sells fresh and prepared meats under the Maple Leaf and Schneider brands.
The company continues to benefit from a recently completed restructuring plan....
The company continues to benefit from a recently completed restructuring plan....
These leading technology companies will likely use their strong balance sheets to make acquisitions. While that adds risk, they both have a solid history of successfully absorbing new businesses to expand their earnings.
CGI GROUP INC. $67 (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 296.2 million; Market cap: $19.8 billion; Price-to-sales ratio: 1.9; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) is Canada’s largest provider of computer-outsourcing services....
CGI GROUP INC. $67 (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 296.2 million; Market cap: $19.8 billion; Price-to-sales ratio: 1.9; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) is Canada’s largest provider of computer-outsourcing services....
LOBLAW COMPANIES LTD. $77 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 398.4 million; Market cap: $30.7 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.4%; TSI Network Rating: Above Average; www.loblaw.ca) operates over 1,090 supermarkets and 1,325 Shoppers Drug Mart pharmacies across Canada.
The company recently agreed to sell its 213 gas stations to Brookfield Business Partners LP (Toronto symbol BBU....
The company recently agreed to sell its 213 gas stations to Brookfield Business Partners LP (Toronto symbol BBU....
SHAWCOR LTD. $29 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 69.9 million; Market cap: $2.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 2.1%; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings to keep oil and gas pipelines from rusting....
RIOCAN REAL ESTATE INVESTMENT TRUST $25 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 326.9 million; Market cap: $8.2 billion; Price-to-sales ratio: 7.2; Dividend yield: 5.6%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 300 shopping centres in Canada....