02:07:08 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Stuart Olson Inc
Symbol SOX
Shares Issued 26,722,909
Close 2016-07-25 C$ 6.70
Market Cap C$ 179,043,490
Recent Sedar Documents

Inv Reporter says buy Stuart Olson

2016-07-25 21:24 ET - In the News

The Investment Reporter, in its July 15, 2016, issue, says buy Stuart Olson Inc., recently $5.92. The Reporter said buy four times from Jan. 22, 2010, to Jan. 16, 2015, at prices ranging from $7.38 to $20.07. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $2,220. Stuart Olson is a Calgary-based construction and industrial services company. In 2016, it is expected to only earn 25 cents per share, down from 36 cents per share in 2015. The lower expected earnings partially reflect the damage sustained by its industrial division in early May as a result of the wildfires in Fort McMurray, Alta. Based on this estimate, Stuart Olson trades at a high price-to-earnings ratio of 23.7 times. This puts its 45-cent dividend at risk; it yields a very high 7.6 per cent. In 2016, however, the company is expected to recover to 52 cents a share. This would bring its P/E ratio down to a more acceptable 11.4 times. Buy.

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