View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsIntertape Polymer Group 과거 순이익 실적과거 기준 점검 0/6핵심 정보-1.14%순이익 성장률-1.17%주당순이익(EPS) 성장률Packaging 산업 성장률6.09%매출 성장률12.11%자기자본이익률-2.01%순이익률-0.50%최근 순이익 업데이트31 Mar 2022최근 과거 실적 업데이트공시 • May 12+ 1 more updateIntertape Polymer Group Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022Intertape Polymer Group Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company's impairment of long-lived assets and other assets was $44.6 million against $11.1 million a year ago.Reported Earnings • Mar 13Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$1.53b (up 26% from FY 2020). Net income: US$67.8m (down 6.7% from FY 2020). Profit margin: 4.4% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.공시 • Mar 03Intertape Polymer Group Inc. to Report Q4, 2021 Results on Mar 15, 2022Intertape Polymer Group Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 15, 2022Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS US$0.43 (vs US$0.45 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$395.6m (up 23% from 3Q 2020). Net income: US$25.3m (down 5.2% from 3Q 2020). Profit margin: 6.4% (down from 8.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$376.7m (up 41% from 2Q 2020). Net income: US$14.3m (down 1.0% from 2Q 2020). Profit margin: 3.8% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.Reported Earnings • May 14First quarter 2021 earnings released: EPS US$0.32 (vs US$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$345.6m (up 24% from 1Q 2020). Net income: US$19.1m (up 34% from 1Q 2020). Profit margin: 5.5% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updates공시 • Jul 12Intertape Polymer Group Inc. Publishes First Environmental Product Declaration with Curbside Recyclable Curby Mailer™ Product SolutionIntertape Polymer Group Inc. announced its first published Environmental Product Declaration (EPD) of its Curby Mailer™, an innovative sustainable paper mailer solution. The Curby Mailer is a tri-laminated mailer employing a patented production process that allows for the mailer to use a paper honeycomb structure, encapsulated between an inner and outer layer of paper, to form a padded mailer. It is curbside recyclable and can be easily disposed of with other recyclable materials. The Curby Mailer is one of several solutions that complete the entire Curby® line of sustainable packaging products which includes water-activated tape (also known as gum tape), paper void fill solutions, and paper fragile wrapping solutions. “With e-commerce shipping volumes rapidly increasing and consumers becoming ever more aware of their environmental impact, Curby products promote a circular economy and help answer these e-commerce growth challenges,” explained Kissel. In an ongoing effort to provide the market with sustainable packaging alternatives, IPG has also implemented the demanding standards held under the Cradle to Cradle Certified® Products Program. Cradle to Cradle Certification is a rigorous auditing process across five critical performance categories: material health, product circularity, clean air and climate protection, water and soil stewardship, and social fairness. In February of 2022, the Curby Mailer reached Cradle to Cradle Certified® Silver status. Curby Fragile Wrap, a paper-based honeycomb protective cushioning material, also received Cradle to Cradle Certified® Silver status in August of 2021. However, IPG’s first product to receive Cradle to Cradle Certification was Water-Activated Tape in February of 2020; it is Cradle to Cradle Certified® Bronze status.공시 • Jul 02Intertape Polymer Group Common Stock to Be Deleted from Other OTCIntertape Polymer Group Inc. Common Stock will be deleted from Other OTC effective July 01, 2022. The deletion is due to Acquisition /Merger /Amalgamation.공시 • Jul 01Intertape Polymer Group Inc.(TSX:ITP) dropped from S&P Global BMI IndexIntertape Polymer Group Inc.(TSX:ITP) dropped from S&P Global BMI Index공시 • Jun 29+ 1 more updateClearlake Capital Group, L.P. completed the acquisition of Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others.Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others for CAD 2.5 billion on March 7, 2022. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued at approximately $2.6 billion (CAD 3.35 billion), including net debt. Upon completion of the transaction, Intertape will become a privately held company. Credit Suisse, Deutsche Bank Securities Inc., and Wells Fargo are providing committed financing in support of the acquisition. Intertape Polymer Group shall pay a termination Fee of $81 million (CAD 104.48 million) to Clearlake Capital. Clearlake Capital shall pay a termination fee of $142 million (CAD 183.16 million) to Intertape Polymer. The transaction is not subject to a financing condition but is subject to customary closing conditions, including receipt of Intertape shareholder, limitation of dissenter’s rights, regulatory and court approvals. Intertape shareholders will hold a meeting on May 9, 2022 to approve the transaction. The Intertape Board of Directors, having received the unanimous affirmative recommendation of a special committee of independent directors, has unanimously determined that the transaction is in the best interests of Intertape and fair to Intertape shareholders, and recommends that Intertape shareholders approve the transaction. On May 11, 2022, Intertape Polymer Group shareholders approved the transaction. Institutional Shareholder Services and Glass, Lewis & Co have each recommended that shareholders of Intertape vote in support of the agreement. As of May 13, 2022, the Superior Court of Québec has issued a final order approving the acquisition. As of June 24, 2022, the transaction has received the approval under the Investment Canada Act. The transaction is expected to close in the third quarter of 2022. As of May 13, 2022, the arrangement is expected to close early in the third quarter of 2022. As of June 24, 2022, the transaction is expected to close on June 28, 2022. Morgan Stanley & Co. LLC is serving as financial advisor as well as fairness opinion provider to Intertape. Adam Givertz, Ian Hazlett, Scott Barshay, Caith Kushner, Lawrence Witdorchic, Scott Sontag, Kevin Colan, Jonathan Ashtor, Michael Kurzer, Andrew Finch, Marta Kelly and Jared Nagley of Paul, Weiss, Rifkind, Wharton & Garrison LLP and Neil Kravitz, Marie-Christine Valois, Constantinos Ragas, Brad Moore, Brandon Farber, Claude E. Jodoin and Antonio Di Domenico of Fasken Martineau DuMoulin are serving as legal advisors to Intertape. National Bank Financial Inc. is serving as independent financial advisor to the Intertape Board of Directors and provided a fairness opinion to the Intertape Board of Directors on a fixed-fee basis. Goldman Sachs & Co. LLC is serving as lead financial advisor to Clearlake. Credit Suisse and Deutsche Bank Securities Inc. are also acting as financial advisors to Clearlake. Carlo Zenkner, Luke Guerra, Aisha Lavinier, Brian Ford, Paul Rezvani, Ross Leff, Thomas Felix, Anne Kim, and Jack Stratton of Kirkland & Ellis LLP and John W. Leopold and David Massé of Stikeman Elliott LLP are acting as legal advisors to Clearlake. Kingsdale Advisors acted as the information agent to Intertape and will receive a fee of $50,000 (CAD 64,492.5) for its services. TSX Trust Company is the depositary, transfer agent and registrar for Intertape shares. Clearlake Capital Group, L.P. completed the acquisition of Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others on June 28, 2022. As a result of the transaction, Intertape Polymer Group Inc. is now a privately held company, and shares of Intertape Polymer Group Inc. are no longer listed on the public market.공시 • Jun 25Intertape Polymer Group Inc. Announces Quarterly Dividend, Payable on June 28, 2022Intertape Polymer Group Inc. announced that quarterly dividend of $0.17 per share announced on May 11, 2022 will be paid immediately prior to the closing of the Arrangement on June 28, 2022, subject to the satisfaction of customary closing conditions, and the payment date of the dividend has been changed to such date. The dividend record date of June 15, 2022 remains unchanged.공시 • May 12+ 1 more updateIntertape Polymer Group Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022Intertape Polymer Group Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company's impairment of long-lived assets and other assets was $44.6 million against $11.1 million a year ago.공시 • Apr 27Clearlake Capital Group Intends to Cause Intertape Polymer Group to Have Shares Delisted from the Toronto Stock ExchangeIntertape Polymer Group Inc. announced that leading independent proxy advisors, Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC have both recommended that Company shareholders vote FOR the resolution approving the acquisition of the Company by an affiliate of Clearlake Capital Group, L.P. (the “Purchaser”) by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act (the “Arrangement”) at the Company’s Annual and Special meeting to be held on May 11, 2022. Under the terms of the Arrangement, the Purchaser will acquire the outstanding shares of IPG for CDN$40.50 per share in an all-cash transaction valued at approximately US$2.6 billion, including net debt. This represents a premium of approximately 82% to the closing price of IPG shares on the Toronto Stock Exchange on March 7, 2022, being the last trading day prior to announcement of the Arrangement, and approximately 66% to the volume weighted average trading price of IPG shares on the Toronto Stock Exchange for the 30 trading days preceding March 7, 2022. Upon completion of the transaction, all of the shares of IPG will be held by the Purchaser, and the Purchaser intends to cause the Company to have such shares delisted from the Toronto Stock Exchange.Reported Earnings • Mar 13Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$1.53b (up 26% from FY 2020). Net income: US$67.8m (down 6.7% from FY 2020). Profit margin: 4.4% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.공시 • Mar 10Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX : ITP) for CAD 2.5 billion.Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX : ITP) for CAD 2.5 billion on March 8, 2022. Under the terms of the agreement, Clearlake will acquire the outstanding shares of IPG for CAD 40.50 per share in an all-cash transaction valued at approximately $2.6 billion (CAD 3.353 billion), including net debt. Upon completion of the transaction, IPG will become a privately held company. Credit Suisse, Deutsche Bank Securities Inc., and Wells Fargo are providing committed financing in support of the acquisition. The transaction is not subject to a financing condition but is subject to customary closing conditions, including receipt of shareholder, regulatory and court approvals. The transaction is expected to close in the third quarter of 2022. Morgan Stanley & Co. LLC is serving as financial advisor to IPG. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Fasken Martineau DuMoulin are serving as legal advisors to IPG. National Bank Financial Inc. is serving as independent financial advisor to the IPG Board of Directors and provided a fairness opinion to the IPG Board of Directors on a fixed-fee basis. Goldman Sachs & Co. LLC is serving as lead financial advisor to Clearlake. Credit Suisse and Deutsche Bank Securities Inc. are also acting as financial advisors to Clearlake. Carlo Zenkner, Luke Guerra, Aisha Lavinier, Brian Ford, Paul Rezvani, Ross Leff, Thomas Felix, Anne Kim, and Jack Stratton of Kirkland & Ellis LLP and Stikeman Elliott LLP are acting as legal advisors to Clearlake.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 69% share price gain to CA$39.26, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Packaging industry in Canada. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$33.85 per share.공시 • Mar 03Intertape Polymer Group Inc. to Report Q4, 2021 Results on Mar 15, 2022Intertape Polymer Group Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 15, 2022분석 기사 • Mar 02Is Intertape Polymer Group (TSE:ITP) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Upcoming Dividend • Dec 09Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 50% and the cash payout ratio is 83%. Trailing yield: 3.3%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.8%).분석 기사 • Nov 23Is Intertape Polymer Group Inc. (TSE:ITP) Potentially Undervalued?Intertape Polymer Group Inc. ( TSE:ITP ), is not the largest company out there, but it saw significant share price...Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS US$0.43 (vs US$0.45 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$395.6m (up 23% from 3Q 2020). Net income: US$25.3m (down 5.2% from 3Q 2020). Profit margin: 6.4% (down from 8.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 04Here's Why I Think Intertape Polymer Group (TSE:ITP) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...분석 기사 • Sep 09Does Intertape Polymer Group (TSE:ITP) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Upcoming Dividend • Sep 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 September 2021. Payment date: 30 September 2021. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.6%).Recent Insider Transactions Derivative • Aug 29CEO, President & Director exercised options and sold CA$359k worth of stockOn the 26th of August, Gregory A. Yull exercised 20k options at a strike price of around CA$12.55 and sold these shares for an average price of CA$30.51 per share. This trade did not impact their existing holding. For the year to December 2020, Gregory A.'s total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Gregory A. has owned 732.20k shares directly. Company insiders have collectively sold CA$4.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Aug 18CEO, President & Director exercised options and sold CA$3.1m worth of stockOn the 12th of August, Gregory A. Yull exercised 160k options at a strike price of around CA$12.04 and sold these shares for an average price of CA$31.33 per share. This trade did not impact their existing holding. For the year to December 2020, Gregory A.'s total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Gregory A. has owned 732.20k shares directly. Company insiders have collectively sold CA$4.2m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$376.7m (up 41% from 2Q 2020). Net income: US$14.3m (down 1.0% from 2Q 2020). Profit margin: 3.8% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.공시 • Aug 12Intertape Polymer Group Inc. Revises Revenue Guidance for the Full Year 2021Intertape Polymer Group Inc. revised revenue guidance for the full year 2021. The company now expects revenue to be in the range of $1.425 billion to $1.5 billion compared to previous guidance of $1.375 billion to $1.45 billion.분석 기사 • Jul 09I Ran A Stock Scan For Earnings Growth And Intertape Polymer Group (TSE:ITP) Passed With EaseSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...공시 • Jul 01Intertape Polymer Group Inc. (TSX:ITP) entered into a definitive agreement to acquire Nuevopak Global Limited for $43.8 million.Intertape Polymer Group Inc. (TSX:ITP) entered into a definitive agreement to acquire Nuevopak Global Limited for $43.8 million on June 30, 2021. Total cash consideration consists of $34.8 million to be paid at closing and the remaining amount, subject to certain post-closing adjustments and potential contingent consideration, to be paid within three years from the date of closing. Intertape Polymer expects to finance the acquisition with funds available under its $600 million credit facility. Intertape Polymer Group expects to achieve a post-synergy adjusted EBITDA acquisition multiple that is approximately 5x by 2023. The acquisition is subject to customary closing conditions and approvals and is expected to close in the third quarter of 2021.Recent Insider Transactions Derivative • Jul 01Senior Vice President of Operations exercised options and sold CA$109k worth of stockOn the 25th of June, Douglas Nalette exercised 17k options at a strike price of around CA$21.76 and sold these shares for an average price of CA$28.32 per share. This trade did not impact their existing holding. Since December 2020, Douglas has owned 140.57k shares directly. Company insiders have collectively sold CA$242k more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Jun 08Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 30 June 2021. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.8%).공시 • May 19Intertape Polymer Group Inc. Launches New Flame Retardant Polyethylene Tape Ideal for Marine, Construction and Manufacturing MarketsIntertape Polymer Group Inc. announced the launch of a new flame retardant polyethylene (PE) tape called PEFR. IPG’s PEFR polyethylene tape is a heavy-duty tape ideal for healthcare facilities, institutional buildings, laboratories, shipyards and construction sites where flame retardant materials are required to add a critical layer of security of fire protection. It is ideal for use in abatement, surface protection, marine and heavy equipment preservation and long-term storage. PEFR’s aggressive rubber adhesive is formulated to create a conformable water tight seal and provide an additional layer of fire and flame resistance and is ideal for use with flame retardant films, surface protection and textiles. Its moisture and solvent resistance deliver excellent results in a variety of environmental conditions. PEFR is strong and durable with aggressive adhesion to a variety of surfaces but is repositionable during use without leaving messy residue.Reported Earnings • May 14First quarter 2021 earnings released: EPS US$0.32 (vs US$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$345.6m (up 24% from 1Q 2020). Net income: US$19.1m (up 34% from 1Q 2020). Profit margin: 5.5% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 13+ 1 more updateIntertape Polymer Group Inc. Revises Earnings Guidance for the Year 2021Intertape Polymer Group Inc. revised earnings guidance for the year 2021. Revenue in 2021 is now expected to be between $1.375 billion and $1.450 billion. An increase from the original expectation of between $1.3 and $1.4 billion. The increase is due the strong demand and order backlog experienced to date.공시 • May 08Intertape Polymer Group Inc. Announces the Launch of the Curby® Mini-Taper and Its Accompanying Curby® Water-Activated TapeIntertape Polymer Group Inc. announced the launch of the Curby Mini-Taper, a sleek and durable manual water-activated tape (WAT) dispenser designed to fill a market gap for the small or new e-commerce retailer who needs all the benefits of WAT to ship packages globally. The company has committed to offering customers sustainable packaging products that can be recycled curbside.분석 기사 • May 06We Think Some Shareholders May Hesitate To Increase Intertape Polymer Group Inc.'s (TSE:ITP) CEO CompensationUnder the guidance of CEO Greg Yull, Intertape Polymer Group Inc. ( TSE:ITP ) has performed reasonably well recently...분석 기사 • Apr 30Is Intertape Polymer Group Inc. (TSE:ITP) A Smart Choice For Dividend Investors?Could Intertape Polymer Group Inc. ( TSE:ITP ) be an attractive dividend share to own for the long haul? Investors are...Recent Insider Transactions • Apr 03Independent Director recently bought CA$102k worth of stockOn the 31st of March, Christopher Cawston bought around 4k shares on-market at roughly CA$28.29 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$99k more in shares than they have sold in the last 12 months.분석 기사 • Mar 30Is It Too Late To Consider Buying Intertape Polymer Group Inc. (TSE:ITP)?Intertape Polymer Group Inc. ( TSE:ITP ), is not the largest company out there, but it led the TSX gainers with a...Recent Insider Transactions • Mar 20Independent Lead Director recently sold CA$267k worth of stockOn the 18th of March, Robert Foster sold around 9k shares on-market at roughly CA$29.65 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$194k more than they sold in the last 12 months.분석 기사 • Mar 15Why You Might Be Interested In Intertape Polymer Group Inc. (TSE:ITP) For Its Upcoming DividendIt looks like Intertape Polymer Group Inc. ( TSE:ITP ) is about to go ex-dividend in the next three days. You will need...공시 • Mar 14Intertape Polymer Group Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2021On March 11, 2021, the Board of Directors of Intertape Polymer Group Inc. declared a dividend of $0.1575 per common share payable on March 31, 2021 to shareholders of record at the close of business on March 22, 2021. These dividends will be designated by the Company as "eligible dividends" as defined in Subsection 89(1) of the Income Tax Act (Canada).Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$1.23 (vs US$0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.21b (up 4.7% from FY 2019). Net income: US$72.7m (up 76% from FY 2019). Profit margin: 6.0% (up from 3.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.9%, compared to a 6.6% growth forecast for the Packaging industry in Canada.Is New 90 Day High Low • Mar 13New 90-day high: CA$28.80The company is up 15% from its price of CA$25.10 on 11 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$39.81 per share.분석 기사 • Mar 10Is Intertape Polymer Group (TSE:ITP) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Feb 27+ 1 more updateIntertape Polymer Group Inc., Annual General Meeting, May 12, 2021Intertape Polymer Group Inc., Annual General Meeting, May 12, 2021.분석 기사 • Feb 23Intertape Polymer Group Inc. (TSE:ITP) Shares Could Be 29% Below Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Intertape Polymer...분석 기사 • Feb 05Intertape Polymer Group (TSE:ITP) Has Compensated Shareholders With A Respectable 86% Return On Their InvestmentThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can do a...분석 기사 • Jan 15Is Intertape Polymer Group Inc. (TSE:ITP) A Smart Pick For Income Investors?Today we'll take a closer look at Intertape Polymer Group Inc. ( TSE:ITP ) from a dividend investor's perspective...분석 기사 • Dec 25Should You Be Excited About Intertape Polymer Group Inc.'s (TSE:ITP) 23% Return On Equity?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Dec 10Be Sure To Check Out Intertape Polymer Group Inc. (TSE:ITP) Before It Goes Ex-DividendIt looks like Intertape Polymer Group Inc. ( TSE:ITP ) is about to go ex-dividend in the next 4 days. You will need to...Upcoming Dividend • Dec 09Upcoming Dividend of US$0.16 Per ShareWill be paid on the 31st of December to those who are registered shareholders by the 15th of December. The trailing yield of 3.2% is below the top quartile of Canadian dividend payers (5.1%), but it is higher than industry peers (1.4%).Is New 90 Day High Low • Dec 04New 90-day high: CA$24.65The company is up 61% from its price of CA$15.32 on 04 September 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$45.54 per share.분석 기사 • Nov 30Here's Why Intertape Polymer Group (TSE:ITP) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Recent Insider Transactions • Nov 22Independent Director recently bought CA$102k worth of stockOn the 13th of November, Christopher Cawston bought around 5k shares on-market at roughly CA$21.30 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$249k more in shares than they have sold in the last 12 months.Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 114%. Over the next year, revenue is forecast to grow 5.8%, compared to a 4.2% growth forecast for the Packaging industry in Canada.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS US$0.45The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$323.0m (up 10.0% from 3Q 2019). Net income: US$26.7m (up 113% from 3Q 2019). Profit margin: 8.3% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 11New 90-day high: CA$16.71The company is up 6.0% from its price of CA$15.74 on 13 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$28.74 per share.공시 • Oct 30Intertape Polymer Group Inc. to Report Q3, 2020 Results on Nov 12, 2020Intertape Polymer Group Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 12, 2020Is New 90 Day High Low • Oct 24New 90-day high: CA$16.41The company is up 8.0% from its price of CA$15.19 on 24 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$30.47 per share.공시 • Oct 16Intertape Polymer Group Inc. Announces Appointment of New Board MembersIntertape Polymer Group Inc. announced the appointment of Ms. Jane Craighead and Mr. Chris R. Cawston, each of Ontario, Canada, as new board members of the Company, effective October 15, 2020. Jane Craighead has been a member of the board of Clearwater Seafoods since 2015 and Jarislowsky Fraser Limited since 2018. Her prior roles include Senior Vice President Global Human Resources at Scotiabank, Global Practice Leader Rewards at Rio Tinto plc and Eastern Canada Business Leader for Human Capital Advisory Services at Mercer Human Resource Consulting. Previously, Ms. Craighead held full-time faculty appointments at Queen's University, Concordia University, and McGill University. Ms. Craighead holds a PhD in Management from McGill University and is a Canadian chartered professional accountant. Chris Cawston was previously a member of the board of AutoServe1 from 2014 until the sale of the business in 2019. Mr. Cawston was most recently the President of Sym-Tech Inc, a leading provider of Finance and Insurance solutions to automobile dealers and original equipment manufacturers. His prior roles include, President and CEO of SCI Marketview, Founder and President of Premier Salons & Magicuts, and Director Internal Audit, Mitel Corporation. Mr. Cawston began his career with Coopers & Lybrand, now PricewaterhouseCoopers. Mr. Cawston is a Canadian chartered professional accountant. Ms. Craighead and Mr. Cawston will sit as independent directors of the Board.공시 • Jul 17Intertape Polymer Group Inc. to Report Q2, 2020 Results on Aug 13, 2020Intertape Polymer Group Inc. announced that they will report Q2, 2020 results at 12:00 PM, GMT Standard Time on Aug 13, 2020매출 및 비용 세부 내역Intertape Polymer Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSX:ITP 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 221,592-82081231 Dec 211,531681691230 Sep 211,462761871230 Jun 211,389771831131 Mar 211,280771701131 Dec 201,213731541130 Sep 201,160671371130 Jun 201,131531331231 Mar 201,159451351331 Dec 191,159411371330 Sep 191,155401411230 Jun 191,140371381231 Mar 191,094461281231 Dec 181,053471221230 Sep 181,003571181230 Jun 18967671041231 Mar 18928621041231 Dec 17898641081230 Sep 1787165951230 Jun 17834521011131 Mar 17825551001131 Dec 16809511001130 Sep 1679547981030 Jun 1678956921131 Mar 1678454881031 Dec 157825784930 Sep 157874582930 Jun 1579536878양질의 수익: ITP 은(는) 현재 수익성이 없습니다.이익 마진 증가: ITP는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ITP은 수익성이 없으며 지난 5년 동안 손실이 연평균 1.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 ITP의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: ITP은 수익성이 없어 지난 해 수익 성장률을 Packaging 업계(-3.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: ITP는 현재 수익성이 없으므로 자본 수익률이 음수(-2.01%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/06/28 07:51종가2022/06/28 00:00수익2022/03/31연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Intertape Polymer Group Inc.는 8명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David OcampoATB Cormark Historical (Cormark Securities)Stephen MacLeodBMO Capital Markets Equity ResearchHamir PatelCIBC Capital Markets5명의 분석가 더 보기
공시 • May 12+ 1 more updateIntertape Polymer Group Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022Intertape Polymer Group Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company's impairment of long-lived assets and other assets was $44.6 million against $11.1 million a year ago.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$1.53b (up 26% from FY 2020). Net income: US$67.8m (down 6.7% from FY 2020). Profit margin: 4.4% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.
공시 • Mar 03Intertape Polymer Group Inc. to Report Q4, 2021 Results on Mar 15, 2022Intertape Polymer Group Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 15, 2022
Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS US$0.43 (vs US$0.45 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$395.6m (up 23% from 3Q 2020). Net income: US$25.3m (down 5.2% from 3Q 2020). Profit margin: 6.4% (down from 8.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$376.7m (up 41% from 2Q 2020). Net income: US$14.3m (down 1.0% from 2Q 2020). Profit margin: 3.8% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.
Reported Earnings • May 14First quarter 2021 earnings released: EPS US$0.32 (vs US$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$345.6m (up 24% from 1Q 2020). Net income: US$19.1m (up 34% from 1Q 2020). Profit margin: 5.5% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 12Intertape Polymer Group Inc. Publishes First Environmental Product Declaration with Curbside Recyclable Curby Mailer™ Product SolutionIntertape Polymer Group Inc. announced its first published Environmental Product Declaration (EPD) of its Curby Mailer™, an innovative sustainable paper mailer solution. The Curby Mailer is a tri-laminated mailer employing a patented production process that allows for the mailer to use a paper honeycomb structure, encapsulated between an inner and outer layer of paper, to form a padded mailer. It is curbside recyclable and can be easily disposed of with other recyclable materials. The Curby Mailer is one of several solutions that complete the entire Curby® line of sustainable packaging products which includes water-activated tape (also known as gum tape), paper void fill solutions, and paper fragile wrapping solutions. “With e-commerce shipping volumes rapidly increasing and consumers becoming ever more aware of their environmental impact, Curby products promote a circular economy and help answer these e-commerce growth challenges,” explained Kissel. In an ongoing effort to provide the market with sustainable packaging alternatives, IPG has also implemented the demanding standards held under the Cradle to Cradle Certified® Products Program. Cradle to Cradle Certification is a rigorous auditing process across five critical performance categories: material health, product circularity, clean air and climate protection, water and soil stewardship, and social fairness. In February of 2022, the Curby Mailer reached Cradle to Cradle Certified® Silver status. Curby Fragile Wrap, a paper-based honeycomb protective cushioning material, also received Cradle to Cradle Certified® Silver status in August of 2021. However, IPG’s first product to receive Cradle to Cradle Certification was Water-Activated Tape in February of 2020; it is Cradle to Cradle Certified® Bronze status.
공시 • Jul 02Intertape Polymer Group Common Stock to Be Deleted from Other OTCIntertape Polymer Group Inc. Common Stock will be deleted from Other OTC effective July 01, 2022. The deletion is due to Acquisition /Merger /Amalgamation.
공시 • Jul 01Intertape Polymer Group Inc.(TSX:ITP) dropped from S&P Global BMI IndexIntertape Polymer Group Inc.(TSX:ITP) dropped from S&P Global BMI Index
공시 • Jun 29+ 1 more updateClearlake Capital Group, L.P. completed the acquisition of Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others.Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others for CAD 2.5 billion on March 7, 2022. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued at approximately $2.6 billion (CAD 3.35 billion), including net debt. Upon completion of the transaction, Intertape will become a privately held company. Credit Suisse, Deutsche Bank Securities Inc., and Wells Fargo are providing committed financing in support of the acquisition. Intertape Polymer Group shall pay a termination Fee of $81 million (CAD 104.48 million) to Clearlake Capital. Clearlake Capital shall pay a termination fee of $142 million (CAD 183.16 million) to Intertape Polymer. The transaction is not subject to a financing condition but is subject to customary closing conditions, including receipt of Intertape shareholder, limitation of dissenter’s rights, regulatory and court approvals. Intertape shareholders will hold a meeting on May 9, 2022 to approve the transaction. The Intertape Board of Directors, having received the unanimous affirmative recommendation of a special committee of independent directors, has unanimously determined that the transaction is in the best interests of Intertape and fair to Intertape shareholders, and recommends that Intertape shareholders approve the transaction. On May 11, 2022, Intertape Polymer Group shareholders approved the transaction. Institutional Shareholder Services and Glass, Lewis & Co have each recommended that shareholders of Intertape vote in support of the agreement. As of May 13, 2022, the Superior Court of Québec has issued a final order approving the acquisition. As of June 24, 2022, the transaction has received the approval under the Investment Canada Act. The transaction is expected to close in the third quarter of 2022. As of May 13, 2022, the arrangement is expected to close early in the third quarter of 2022. As of June 24, 2022, the transaction is expected to close on June 28, 2022. Morgan Stanley & Co. LLC is serving as financial advisor as well as fairness opinion provider to Intertape. Adam Givertz, Ian Hazlett, Scott Barshay, Caith Kushner, Lawrence Witdorchic, Scott Sontag, Kevin Colan, Jonathan Ashtor, Michael Kurzer, Andrew Finch, Marta Kelly and Jared Nagley of Paul, Weiss, Rifkind, Wharton & Garrison LLP and Neil Kravitz, Marie-Christine Valois, Constantinos Ragas, Brad Moore, Brandon Farber, Claude E. Jodoin and Antonio Di Domenico of Fasken Martineau DuMoulin are serving as legal advisors to Intertape. National Bank Financial Inc. is serving as independent financial advisor to the Intertape Board of Directors and provided a fairness opinion to the Intertape Board of Directors on a fixed-fee basis. Goldman Sachs & Co. LLC is serving as lead financial advisor to Clearlake. Credit Suisse and Deutsche Bank Securities Inc. are also acting as financial advisors to Clearlake. Carlo Zenkner, Luke Guerra, Aisha Lavinier, Brian Ford, Paul Rezvani, Ross Leff, Thomas Felix, Anne Kim, and Jack Stratton of Kirkland & Ellis LLP and John W. Leopold and David Massé of Stikeman Elliott LLP are acting as legal advisors to Clearlake. Kingsdale Advisors acted as the information agent to Intertape and will receive a fee of $50,000 (CAD 64,492.5) for its services. TSX Trust Company is the depositary, transfer agent and registrar for Intertape shares. Clearlake Capital Group, L.P. completed the acquisition of Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others on June 28, 2022. As a result of the transaction, Intertape Polymer Group Inc. is now a privately held company, and shares of Intertape Polymer Group Inc. are no longer listed on the public market.
공시 • Jun 25Intertape Polymer Group Inc. Announces Quarterly Dividend, Payable on June 28, 2022Intertape Polymer Group Inc. announced that quarterly dividend of $0.17 per share announced on May 11, 2022 will be paid immediately prior to the closing of the Arrangement on June 28, 2022, subject to the satisfaction of customary closing conditions, and the payment date of the dividend has been changed to such date. The dividend record date of June 15, 2022 remains unchanged.
공시 • May 12+ 1 more updateIntertape Polymer Group Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022Intertape Polymer Group Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company's impairment of long-lived assets and other assets was $44.6 million against $11.1 million a year ago.
공시 • Apr 27Clearlake Capital Group Intends to Cause Intertape Polymer Group to Have Shares Delisted from the Toronto Stock ExchangeIntertape Polymer Group Inc. announced that leading independent proxy advisors, Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC have both recommended that Company shareholders vote FOR the resolution approving the acquisition of the Company by an affiliate of Clearlake Capital Group, L.P. (the “Purchaser”) by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act (the “Arrangement”) at the Company’s Annual and Special meeting to be held on May 11, 2022. Under the terms of the Arrangement, the Purchaser will acquire the outstanding shares of IPG for CDN$40.50 per share in an all-cash transaction valued at approximately US$2.6 billion, including net debt. This represents a premium of approximately 82% to the closing price of IPG shares on the Toronto Stock Exchange on March 7, 2022, being the last trading day prior to announcement of the Arrangement, and approximately 66% to the volume weighted average trading price of IPG shares on the Toronto Stock Exchange for the 30 trading days preceding March 7, 2022. Upon completion of the transaction, all of the shares of IPG will be held by the Purchaser, and the Purchaser intends to cause the Company to have such shares delisted from the Toronto Stock Exchange.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$1.53b (up 26% from FY 2020). Net income: US$67.8m (down 6.7% from FY 2020). Profit margin: 4.4% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.
공시 • Mar 10Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX : ITP) for CAD 2.5 billion.Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX : ITP) for CAD 2.5 billion on March 8, 2022. Under the terms of the agreement, Clearlake will acquire the outstanding shares of IPG for CAD 40.50 per share in an all-cash transaction valued at approximately $2.6 billion (CAD 3.353 billion), including net debt. Upon completion of the transaction, IPG will become a privately held company. Credit Suisse, Deutsche Bank Securities Inc., and Wells Fargo are providing committed financing in support of the acquisition. The transaction is not subject to a financing condition but is subject to customary closing conditions, including receipt of shareholder, regulatory and court approvals. The transaction is expected to close in the third quarter of 2022. Morgan Stanley & Co. LLC is serving as financial advisor to IPG. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Fasken Martineau DuMoulin are serving as legal advisors to IPG. National Bank Financial Inc. is serving as independent financial advisor to the IPG Board of Directors and provided a fairness opinion to the IPG Board of Directors on a fixed-fee basis. Goldman Sachs & Co. LLC is serving as lead financial advisor to Clearlake. Credit Suisse and Deutsche Bank Securities Inc. are also acting as financial advisors to Clearlake. Carlo Zenkner, Luke Guerra, Aisha Lavinier, Brian Ford, Paul Rezvani, Ross Leff, Thomas Felix, Anne Kim, and Jack Stratton of Kirkland & Ellis LLP and Stikeman Elliott LLP are acting as legal advisors to Clearlake.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 69% share price gain to CA$39.26, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Packaging industry in Canada. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$33.85 per share.
공시 • Mar 03Intertape Polymer Group Inc. to Report Q4, 2021 Results on Mar 15, 2022Intertape Polymer Group Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 15, 2022
분석 기사 • Mar 02Is Intertape Polymer Group (TSE:ITP) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Upcoming Dividend • Dec 09Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 50% and the cash payout ratio is 83%. Trailing yield: 3.3%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.8%).
분석 기사 • Nov 23Is Intertape Polymer Group Inc. (TSE:ITP) Potentially Undervalued?Intertape Polymer Group Inc. ( TSE:ITP ), is not the largest company out there, but it saw significant share price...
Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS US$0.43 (vs US$0.45 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$395.6m (up 23% from 3Q 2020). Net income: US$25.3m (down 5.2% from 3Q 2020). Profit margin: 6.4% (down from 8.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 04Here's Why I Think Intertape Polymer Group (TSE:ITP) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
분석 기사 • Sep 09Does Intertape Polymer Group (TSE:ITP) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Upcoming Dividend • Sep 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 September 2021. Payment date: 30 September 2021. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.6%).
Recent Insider Transactions Derivative • Aug 29CEO, President & Director exercised options and sold CA$359k worth of stockOn the 26th of August, Gregory A. Yull exercised 20k options at a strike price of around CA$12.55 and sold these shares for an average price of CA$30.51 per share. This trade did not impact their existing holding. For the year to December 2020, Gregory A.'s total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Gregory A. has owned 732.20k shares directly. Company insiders have collectively sold CA$4.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Aug 18CEO, President & Director exercised options and sold CA$3.1m worth of stockOn the 12th of August, Gregory A. Yull exercised 160k options at a strike price of around CA$12.04 and sold these shares for an average price of CA$31.33 per share. This trade did not impact their existing holding. For the year to December 2020, Gregory A.'s total compensation was 20% salary and 80% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Gregory A. has owned 732.20k shares directly. Company insiders have collectively sold CA$4.2m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$376.7m (up 41% from 2Q 2020). Net income: US$14.3m (down 1.0% from 2Q 2020). Profit margin: 3.8% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.
공시 • Aug 12Intertape Polymer Group Inc. Revises Revenue Guidance for the Full Year 2021Intertape Polymer Group Inc. revised revenue guidance for the full year 2021. The company now expects revenue to be in the range of $1.425 billion to $1.5 billion compared to previous guidance of $1.375 billion to $1.45 billion.
분석 기사 • Jul 09I Ran A Stock Scan For Earnings Growth And Intertape Polymer Group (TSE:ITP) Passed With EaseSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
공시 • Jul 01Intertape Polymer Group Inc. (TSX:ITP) entered into a definitive agreement to acquire Nuevopak Global Limited for $43.8 million.Intertape Polymer Group Inc. (TSX:ITP) entered into a definitive agreement to acquire Nuevopak Global Limited for $43.8 million on June 30, 2021. Total cash consideration consists of $34.8 million to be paid at closing and the remaining amount, subject to certain post-closing adjustments and potential contingent consideration, to be paid within three years from the date of closing. Intertape Polymer expects to finance the acquisition with funds available under its $600 million credit facility. Intertape Polymer Group expects to achieve a post-synergy adjusted EBITDA acquisition multiple that is approximately 5x by 2023. The acquisition is subject to customary closing conditions and approvals and is expected to close in the third quarter of 2021.
Recent Insider Transactions Derivative • Jul 01Senior Vice President of Operations exercised options and sold CA$109k worth of stockOn the 25th of June, Douglas Nalette exercised 17k options at a strike price of around CA$21.76 and sold these shares for an average price of CA$28.32 per share. This trade did not impact their existing holding. Since December 2020, Douglas has owned 140.57k shares directly. Company insiders have collectively sold CA$242k more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Jun 08Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 30 June 2021. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.8%).
공시 • May 19Intertape Polymer Group Inc. Launches New Flame Retardant Polyethylene Tape Ideal for Marine, Construction and Manufacturing MarketsIntertape Polymer Group Inc. announced the launch of a new flame retardant polyethylene (PE) tape called PEFR. IPG’s PEFR polyethylene tape is a heavy-duty tape ideal for healthcare facilities, institutional buildings, laboratories, shipyards and construction sites where flame retardant materials are required to add a critical layer of security of fire protection. It is ideal for use in abatement, surface protection, marine and heavy equipment preservation and long-term storage. PEFR’s aggressive rubber adhesive is formulated to create a conformable water tight seal and provide an additional layer of fire and flame resistance and is ideal for use with flame retardant films, surface protection and textiles. Its moisture and solvent resistance deliver excellent results in a variety of environmental conditions. PEFR is strong and durable with aggressive adhesion to a variety of surfaces but is repositionable during use without leaving messy residue.
Reported Earnings • May 14First quarter 2021 earnings released: EPS US$0.32 (vs US$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$345.6m (up 24% from 1Q 2020). Net income: US$19.1m (up 34% from 1Q 2020). Profit margin: 5.5% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 13+ 1 more updateIntertape Polymer Group Inc. Revises Earnings Guidance for the Year 2021Intertape Polymer Group Inc. revised earnings guidance for the year 2021. Revenue in 2021 is now expected to be between $1.375 billion and $1.450 billion. An increase from the original expectation of between $1.3 and $1.4 billion. The increase is due the strong demand and order backlog experienced to date.
공시 • May 08Intertape Polymer Group Inc. Announces the Launch of the Curby® Mini-Taper and Its Accompanying Curby® Water-Activated TapeIntertape Polymer Group Inc. announced the launch of the Curby Mini-Taper, a sleek and durable manual water-activated tape (WAT) dispenser designed to fill a market gap for the small or new e-commerce retailer who needs all the benefits of WAT to ship packages globally. The company has committed to offering customers sustainable packaging products that can be recycled curbside.
분석 기사 • May 06We Think Some Shareholders May Hesitate To Increase Intertape Polymer Group Inc.'s (TSE:ITP) CEO CompensationUnder the guidance of CEO Greg Yull, Intertape Polymer Group Inc. ( TSE:ITP ) has performed reasonably well recently...
분석 기사 • Apr 30Is Intertape Polymer Group Inc. (TSE:ITP) A Smart Choice For Dividend Investors?Could Intertape Polymer Group Inc. ( TSE:ITP ) be an attractive dividend share to own for the long haul? Investors are...
Recent Insider Transactions • Apr 03Independent Director recently bought CA$102k worth of stockOn the 31st of March, Christopher Cawston bought around 4k shares on-market at roughly CA$28.29 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$99k more in shares than they have sold in the last 12 months.
분석 기사 • Mar 30Is It Too Late To Consider Buying Intertape Polymer Group Inc. (TSE:ITP)?Intertape Polymer Group Inc. ( TSE:ITP ), is not the largest company out there, but it led the TSX gainers with a...
Recent Insider Transactions • Mar 20Independent Lead Director recently sold CA$267k worth of stockOn the 18th of March, Robert Foster sold around 9k shares on-market at roughly CA$29.65 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$194k more than they sold in the last 12 months.
분석 기사 • Mar 15Why You Might Be Interested In Intertape Polymer Group Inc. (TSE:ITP) For Its Upcoming DividendIt looks like Intertape Polymer Group Inc. ( TSE:ITP ) is about to go ex-dividend in the next three days. You will need...
공시 • Mar 14Intertape Polymer Group Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2021On March 11, 2021, the Board of Directors of Intertape Polymer Group Inc. declared a dividend of $0.1575 per common share payable on March 31, 2021 to shareholders of record at the close of business on March 22, 2021. These dividends will be designated by the Company as "eligible dividends" as defined in Subsection 89(1) of the Income Tax Act (Canada).
Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$1.23 (vs US$0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.21b (up 4.7% from FY 2019). Net income: US$72.7m (up 76% from FY 2019). Profit margin: 6.0% (up from 3.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.9%, compared to a 6.6% growth forecast for the Packaging industry in Canada.
Is New 90 Day High Low • Mar 13New 90-day high: CA$28.80The company is up 15% from its price of CA$25.10 on 11 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$39.81 per share.
분석 기사 • Mar 10Is Intertape Polymer Group (TSE:ITP) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Feb 27+ 1 more updateIntertape Polymer Group Inc., Annual General Meeting, May 12, 2021Intertape Polymer Group Inc., Annual General Meeting, May 12, 2021.
분석 기사 • Feb 23Intertape Polymer Group Inc. (TSE:ITP) Shares Could Be 29% Below Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Intertape Polymer...
분석 기사 • Feb 05Intertape Polymer Group (TSE:ITP) Has Compensated Shareholders With A Respectable 86% Return On Their InvestmentThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can do a...
분석 기사 • Jan 15Is Intertape Polymer Group Inc. (TSE:ITP) A Smart Pick For Income Investors?Today we'll take a closer look at Intertape Polymer Group Inc. ( TSE:ITP ) from a dividend investor's perspective...
분석 기사 • Dec 25Should You Be Excited About Intertape Polymer Group Inc.'s (TSE:ITP) 23% Return On Equity?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Dec 10Be Sure To Check Out Intertape Polymer Group Inc. (TSE:ITP) Before It Goes Ex-DividendIt looks like Intertape Polymer Group Inc. ( TSE:ITP ) is about to go ex-dividend in the next 4 days. You will need to...
Upcoming Dividend • Dec 09Upcoming Dividend of US$0.16 Per ShareWill be paid on the 31st of December to those who are registered shareholders by the 15th of December. The trailing yield of 3.2% is below the top quartile of Canadian dividend payers (5.1%), but it is higher than industry peers (1.4%).
Is New 90 Day High Low • Dec 04New 90-day high: CA$24.65The company is up 61% from its price of CA$15.32 on 04 September 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$45.54 per share.
분석 기사 • Nov 30Here's Why Intertape Polymer Group (TSE:ITP) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Recent Insider Transactions • Nov 22Independent Director recently bought CA$102k worth of stockOn the 13th of November, Christopher Cawston bought around 5k shares on-market at roughly CA$21.30 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$249k more in shares than they have sold in the last 12 months.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 114%. Over the next year, revenue is forecast to grow 5.8%, compared to a 4.2% growth forecast for the Packaging industry in Canada.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS US$0.45The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$323.0m (up 10.0% from 3Q 2019). Net income: US$26.7m (up 113% from 3Q 2019). Profit margin: 8.3% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 11New 90-day high: CA$16.71The company is up 6.0% from its price of CA$15.74 on 13 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$28.74 per share.
공시 • Oct 30Intertape Polymer Group Inc. to Report Q3, 2020 Results on Nov 12, 2020Intertape Polymer Group Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 12, 2020
Is New 90 Day High Low • Oct 24New 90-day high: CA$16.41The company is up 8.0% from its price of CA$15.19 on 24 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$30.47 per share.
공시 • Oct 16Intertape Polymer Group Inc. Announces Appointment of New Board MembersIntertape Polymer Group Inc. announced the appointment of Ms. Jane Craighead and Mr. Chris R. Cawston, each of Ontario, Canada, as new board members of the Company, effective October 15, 2020. Jane Craighead has been a member of the board of Clearwater Seafoods since 2015 and Jarislowsky Fraser Limited since 2018. Her prior roles include Senior Vice President Global Human Resources at Scotiabank, Global Practice Leader Rewards at Rio Tinto plc and Eastern Canada Business Leader for Human Capital Advisory Services at Mercer Human Resource Consulting. Previously, Ms. Craighead held full-time faculty appointments at Queen's University, Concordia University, and McGill University. Ms. Craighead holds a PhD in Management from McGill University and is a Canadian chartered professional accountant. Chris Cawston was previously a member of the board of AutoServe1 from 2014 until the sale of the business in 2019. Mr. Cawston was most recently the President of Sym-Tech Inc, a leading provider of Finance and Insurance solutions to automobile dealers and original equipment manufacturers. His prior roles include, President and CEO of SCI Marketview, Founder and President of Premier Salons & Magicuts, and Director Internal Audit, Mitel Corporation. Mr. Cawston began his career with Coopers & Lybrand, now PricewaterhouseCoopers. Mr. Cawston is a Canadian chartered professional accountant. Ms. Craighead and Mr. Cawston will sit as independent directors of the Board.
공시 • Jul 17Intertape Polymer Group Inc. to Report Q2, 2020 Results on Aug 13, 2020Intertape Polymer Group Inc. announced that they will report Q2, 2020 results at 12:00 PM, GMT Standard Time on Aug 13, 2020