High Liner Foods (TSE:HLF – Get Free Report) received a C$16.50 price objective from equities research analysts at Ventum Capital in a note issued to investors on Wednesday, BayStreet reports. The firm currently has a “neutral” rating on the stock. Ventum Capital’s price objective suggests a potential upside of 10.07% from the company’s previous close.
High Liner Foods Price Performance
Shares of HLF stock traded down C$0.03 during trading hours on Wednesday, hitting C$14.99. 9,216 shares of the company’s stock were exchanged, compared to its average volume of 27,366. The stock’s 50-day moving average is C$14.59 and its 200-day moving average is C$14.46. The company has a debt-to-equity ratio of 80.12, a current ratio of 2.29 and a quick ratio of 0.38. The stock has a market cap of C$419.79 million, a price-to-earnings ratio of 17.03 and a beta of 0.57. High Liner Foods has a 52 week low of C$13.13 and a 52 week high of C$17.60.
High Liner Foods (TSE:HLF – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported C$0.63 earnings per share for the quarter. High Liner Foods had a return on equity of 6.30% and a net margin of 2.30%. The company had revenue of C$382.35 million during the quarter. During the same quarter last year, the business posted $0.28 earnings per share. As a group, research analysts forecast that High Liner Foods will post 1.99 EPS for the current year.
High Liner Foods Company Profile
High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores. They also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
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