K Bro Linen Stock Today

KBL Stock  CAD 34.55  1.12  3.35%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
K Bro is selling at 34.55 as of the 28th of March 2024; that is 3.35 percent up since the beginning of the trading day. The stock's open price was 33.43. K Bro has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for K Bro Linen are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
Category
Industrials
K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada. The company has 10.58 M outstanding shares of which 242.58 K shares are now shorted by private and institutional investors with about 50.1 days to cover all short positions. More on K Bro Linen

Moving together with KBL Stock

  0.71FFH-PD Fairfax FinancialPairCorr
  0.63FFH-PC Fairfax Fin HldPairCorr

KBL Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. K Bro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding K Bro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLinda McCurdy
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Industrials, Industrials, Commercial Services & Supplies, Specialty Business Services, Industrials (View all Sectors)
K Bro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to K Bro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand K Bro's financial leverage. It provides some insight into what part of K Bro's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on K Bro's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how K Bro deploys its capital and how much of that capital is borrowed.
Liquidity
K Bro cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 98.82 M in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. K-Bro Linen has a current ratio of 1.86, which is within standard range for the sector. Debt can assist K Bro until it has trouble settling it off, either with new capital or with free cash flow. So, K Bro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like K-Bro Linen sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KBL to invest in growth at high rates of return. When we think about K Bro's use of debt, we should always consider it together with cash and equity.

Dividends Paid

(12.27 Million)
K Bro Linen (KBL) is traded on Toronto Exchange in Canada and employs 3,050 people. K Bro is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 358.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate K Bro's market, we take the total number of its shares issued and multiply it by K Bro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. K-Bro Linen operates under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 10.58 M outstanding shares of which 242.58 K shares are now shorted by private and institutional investors with about 50.1 days to cover all short positions. K Bro Linen has accumulated about 2.64 M in cash with 41.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3.
Check K Bro Probability Of Bankruptcy
Ownership Allocation
K Bro Linen shows a total of 10.58 Million outstanding shares. 30% of K-Bro Linen outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Hence, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check KBL Ownership Details

KBL Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of K Bro jumping above the current price in 90 days from now is about 18.38%. The K Bro Linen probability density function shows the probability of K Bro stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon K Bro Linen has a beta of -0.4374. This indicates as returns on benchmark increase, returns on holding K Bro are expected to decrease at a much lower rate. During the bear market, however, K Bro Linen is likely to outperform the market. Additionally, k Bro Linen has an alpha of 0.0952, implying that it can generate a 0.0952 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 34.55HorizonTargetOdds Above 34.55
81.35%90 days
 34.55 
18.38%
Based on a normal probability distribution, the odds of K Bro to move above the current price in 90 days from now is about 18.38 (This K Bro Linen probability density function shows the probability of KBL Stock to fall within a particular range of prices over 90 days) .

K Bro Historical Income Statement

K Bro Linen Income Statement is one of the three primary financial statements used for reporting KBL's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of K-Bro Linen revenue and expense. K Bro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, K Bro's Total Other Income Expense Net is very stable compared to the past year. As of the 28th of March 2024, Income Tax Expense is likely to grow to about 2.3 M, while Selling General Administrative is likely to drop about 100.7 M. View More Fundamentals

KBL Stock Against Markets

Picking the right benchmark for K Bro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in K Bro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for K Bro is critical whether you are bullish or bearish towards K Bro Linen at a given time. Please also check how K Bro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in K Bro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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K Bro Corporate Executives

Elected by the shareholders, the K Bro's board of directors comprises two types of representatives: K Bro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KBL. The board's role is to monitor K Bro's management team and ensure that shareholders' interests are well served. K Bro's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, K Bro's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kristie PlaquinChief Financial OfficerProfile

How to buy KBL Stock?

Before investing in K Bro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in K Bro. To buy K Bro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of K Bro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase K Bro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located K Bro Linen stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased K Bro Linen stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as K Bro Linen, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in K Bro Linen?

The danger of trading K Bro Linen is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of K Bro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than K Bro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile K-Bro Linen is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K Bro Linen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running K Bro's price analysis, check to measure K Bro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy K Bro is operating at the current time. Most of K Bro's value examination focuses on studying past and present price action to predict the probability of K Bro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K Bro's price. Additionally, you may evaluate how the addition of K Bro to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between K Bro's value and its price as these two are different measures arrived at by different means. Investors typically determine if K Bro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K Bro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.