High Liner Foods Stock Today

HLF Stock  CAD 12.95  0.28  2.21%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
High Liner is selling at 12.95 as of the 7th of October 2024; that is 2.21 percent increase since the beginning of the trading day. The stock's open price was 12.67. High Liner has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for High Liner Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2024 and ending today, the 7th of October 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
Category
Consumer Defensive
Classification
Consumer Staples
High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in the United States and Canada. High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada. HIGH LINER operates under Packaged Foods classification in Canada and is traded on Toronto Stock Exchange. The company has 29.93 M outstanding shares of which 1.1 M shares are currently shorted by private and institutional investors with about 87.66 days to cover all short positions. More on High Liner Foods

Moving against High Stock

  0.47WMT Walmart Inc CDRPairCorr

High 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. High Liner's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding High Liner or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORodney Hepponstall
Thematic Ideas
(View all Themes)
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, Natural Foods, Processed Foods, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
High Liner's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to High Liner's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
High Liner can leverage 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 High Liner's financial leverage. It provides some insight into what part of High Liner's total assets is financed by creditors.
Liquidity
High Liner 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. High Liner Foods has accumulated 253.56 M in total debt with debt to equity ratio (D/E) of 1.19, which is about average as compared to similar companies. High Liner Foods has a current ratio of 2.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist High Liner until it has trouble settling it off, either with new capital or with free cash flow. So, High Liner'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 High Liner Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Liner's use of debt, we should always consider it together with cash and equity.

Dividends Paid

13.72 Million
High Liner Foods (HLF) is traded on Toronto Exchange in Canada and employs 1,202 people. High Liner is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 379.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate High Liner's market, we take the total number of its shares issued and multiply it by High Liner'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. High Liner Foods operates under Food Products sector and is part of Consumer Staples industry. The entity has 29.93 M outstanding shares of which 1.1 M shares are currently shorted by private and institutional investors with about 87.66 days to cover all short positions. High Liner Foods has accumulated about 45.89 M in cash with 179.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Check High Liner Probability Of Bankruptcy
Ownership Allocation
High Liner Foods has a total of 29.93 Million outstanding shares. High Liner secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check High Ownership Details

High Liner Foods Risk Profiles

Although High Liner's alpha and beta are two of the key measurements used to evaluate High Liner's performance over the market, the standard measures of volatility play an important role as well.

High Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in High Liner 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.

Did you try this?

Run ETFs Now

   

ETFs

Find actively traded Exchange Traded Funds (ETF) from around the world
All  Next Launch Module

High Liner Corporate Directors

James CovelluzziNon-Independent DirectorProfile
Joan ChowDirectorProfile
Andy TannerDirector TreasurerProfile
Robert DexterIndependent DirectorProfile

Other Information on Investing in High Stock

High Liner financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Liner security.