Reported Earnings • May 05
Second quarter 2026 earnings released: EPS: CA$0.15 (vs CA$0.17 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.15 (down from CA$0.17 in 2Q 2025). Revenue: CA$157.6m (down 5.2% from 2Q 2025). Net income: CA$5.79m (down 9.8% from 2Q 2025). Profit margin: 3.7% (down from 3.9% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Declared Dividend • May 04
Second quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 5.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 28% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years. Announcement • May 02
Exco Technologies Limited Announces Quarterly Dividend, Payable on June 30, 2026 Exco Technologies Limited announced a quarterly dividend of $0.105 per common share which will be paid on June 30, 2026 to shareholders of record on June 16, 2026. Announcement • Apr 20
Exco Technologies Limited to Report Q2, 2026 Results on Apr 29, 2026 Exco Technologies Limited announced that they will report Q2, 2026 results After-Market on Apr 29, 2026 Upcoming Dividend • Mar 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Canadian dividend payers (5.6%). Higher than average of industry peers (2.4%). Declared Dividend • Feb 01
First quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 17th March 2026 Payment date: 31st March 2026 Dividend yield will be 6.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 28% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years. Price Target Changed • Jan 30
Price target increased by 23% to CA$9.50 Up from CA$7.75, the current price target is provided by 1 analyst. New target price is 36% above last closing price of CA$6.99. Stock is down 0.9% over the past year. The company posted earnings per share of CA$0.63 last year. Reported Earnings • Jan 29
First quarter 2026 earnings released: EPS: CA$0.13 (vs CA$0.11 in 1Q 2025) First quarter 2026 results: EPS: CA$0.13 (up from CA$0.11 in 1Q 2025). Revenue: CA$149.5m (up 4.1% from 1Q 2025). Net income: CA$4.83m (up 14% from 1Q 2025). Profit margin: 3.2% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jan 29
Exco Technologies Limited Announces Quarterly Dividend, Payable on March 31, 2026 Exco announced a quarterly dividend of $0.105 per common share which will be paid on March 31, 2026 to shareholders of record on March 17, 2026. Announcement • Jan 20
Exco Technologies Limited to Report Q1, 2026 Results on Jan 28, 2026 Exco Technologies Limited announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2026 Recent Insider Transactions • Dec 21
President recently bought CA$243k worth of stock On the 18th of December, Darren Kirk bought around 36k shares on-market at roughly CA$6.69 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Darren has been a buyer over the last 12 months, purchasing a net total of CA$274k worth in shares. Declared Dividend • Dec 01
Fourth quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 17th December 2025 Payment date: 31st December 2025 Dividend yield will be 6.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.4% EPS decline seen over the last 5 years. Announcement • Nov 29
Exco Technologies Limited announces Quarterly dividend, payable on December 31, 2025 Exco Technologies Limited announced Quarterly dividend of CAD 0.1050 per share payable on December 31, 2025, ex-date on December 17, 2025 and record date on December 17, 2025. Reported Earnings • Nov 28
Full year 2025 earnings released: EPS: CA$0.63 (vs CA$0.76 in FY 2024) Full year 2025 results: EPS: CA$0.63 (down from CA$0.76 in FY 2024). Revenue: CA$615.3m (down 3.5% from FY 2024). Net income: CA$24.3m (down 18% from FY 2024). Profit margin: 3.9% (down from 4.6% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Nov 11
Exco Technologies Limited, Annual General Meeting, Jan 23, 2026 Exco Technologies Limited, Annual General Meeting, Jan 23, 2026. Announcement • Nov 06
Exco Technologies Limited to Report Q4, 2025 Results on Nov 26, 2025 Exco Technologies Limited announced that they will report Q4, 2025 results After-Market on Nov 26, 2025 Recent Insider Transactions • Oct 22
Independent Director recently bought CA$60k worth of stock On the 16th of October, Tommy Skudutis bought around 9k shares on-market at roughly CA$6.66 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$162k more in shares than they bought in the last 12 months. Upcoming Dividend • Sep 08
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (2.5%). Declared Dividend • Aug 03
Third quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 6.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 1.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Third quarter 2025 earnings released: EPS: CA$0.14 (vs CA$0.21 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.14 (down from CA$0.21 in 3Q 2024). Revenue: CA$154.9m (down 4.3% from 3Q 2024). Net income: CA$5.40m (down 34% from 3Q 2024). Profit margin: 3.5% (down from 5.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 31
Exco Technologies Limited Announces Quarterly Dividend, Payable on September 29, 2025 Exco announced a quarterly dividend of $0.105 per common share which will be paid on September 29, 2025 to shareholders of record on September 15, 2025. Announcement • Jul 09
Exco Technologies Limited to Report Q3, 2025 Results on Jul 30, 2025 Exco Technologies Limited announced that they will report Q3, 2025 results After-Market on Jul 30, 2025 Upcoming Dividend • Jun 09
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (3.1%). Reported Earnings • May 06
Second quarter 2025 earnings released: EPS: CA$0.17 (vs CA$0.21 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.17 (down from CA$0.21 in 2Q 2024). Revenue: CA$166.1m (up 1.4% from 2Q 2024). Net income: CA$6.42m (down 20% from 2Q 2024). Profit margin: 3.9% (down from 4.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Price Target Changed • May 05
Price target decreased by 11% to CA$7.75 Down from CA$8.75, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CA$6.22. Stock is down 15% over the past year. The company posted earnings per share of CA$0.76 last year. Declared Dividend • May 04
First quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 16th June 2025 Payment date: 30th June 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • May 01
Exco Technologies Limited Announces Quarterly Dividend, Payable on June 30, 2025 Exco Technologies Limited announced a quarterly dividend of $0.105 per common share which will be paid on June 30, 2025 to shareholders of record on June 16, 2025. Announcement • Apr 09
Exco Technologies Limited to Report Q2, 2025 Results on Apr 30, 2025 Exco Technologies Limited announced that they will report Q2, 2025 results After-Market on Apr 30, 2025 Upcoming Dividend • Mar 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 March 2025. Payment date: 31 March 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 6.8%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (3.1%). Recent Insider Transactions • Feb 19
Insider recently sold CA$163k worth of stock On the 18th of February, Paul Robbins sold around 25k shares on-market at roughly CA$6.53 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.6m more than they bought in the last 12 months. Price Target Changed • Feb 03
Price target decreased by 33% to CA$8.75 Down from CA$13.00, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CA$6.75. Stock is down 10% over the past year. The company posted earnings per share of CA$0.76 last year. Declared Dividend • Feb 02
First quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 17th March 2025 Payment date: 31st March 2025 Dividend yield will be 6.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Jan 30
First quarter 2025 earnings released: EPS: CA$0.11 (vs CA$0.14 in 1Q 2024) First quarter 2025 results: EPS: CA$0.11 (down from CA$0.14 in 1Q 2024). Revenue: CA$143.6m (down 8.4% from 1Q 2024). Net income: CA$4.25m (down 25% from 1Q 2024). Profit margin: 3.0% (down from 3.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jan 30
Exco Technologies Limited Announces Quarterly Dividend, Payable on March 31, 2025 Exco announced a quarterly dividend of $0.105 per common share which will be paid on March 31, 2025 to shareholders of record on March 17, 2025. The dividend is an "eligible dividend" in accordance with the Income Tax Act of Canada. Announcement • Jan 13
Exco Technologies Limited to Report Q1, 2025 Results on Jan 29, 2025 Exco Technologies Limited announced that they will report Q1, 2025 results After-Market on Jan 29, 2025 Recent Insider Transactions • Jan 06
Insider recently sold CA$90k worth of stock On the 31st of December, William Schroers sold around 12k shares on-market at roughly CA$7.51 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.5m more than they bought in the last 12 months. Declared Dividend • Dec 02
Fourth quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 17th December 2024 Payment date: 31st December 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 29
Full year 2024 earnings released: EPS: CA$0.76 (vs CA$0.68 in FY 2023) Full year 2024 results: EPS: CA$0.76 (up from CA$0.68 in FY 2023). Revenue: CA$637.8m (up 3.0% from FY 2023). Net income: CA$29.6m (up 13% from FY 2023). Profit margin: 4.6% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Announcement • Nov 28
Exco Technologies Limited Announces Quarterly Dividend, Payable on December 31, 2024 Exco Technologies Limited announced a quarterly dividend of $0.105 per common share which will be paid on December 31, 2024 to shareholders of record on December 17, 2024. Announcement • Nov 12
Exco Technologies Limited, Annual General Meeting, Jan 22, 2025 Exco Technologies Limited, Annual General Meeting, Jan 22, 2025. Announcement • Nov 07
Exco Technologies Limited to Report Q4, 2024 Results on Nov 27, 2024 Exco Technologies Limited announced that they will report Q4, 2024 results After-Market on Nov 27, 2024 Recent Insider Transactions • Oct 21
Executive Vice President recently sold CA$73k worth of stock On the 18th of October, Paul Riganelli sold around 9k shares on-market at roughly CA$8.61 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$161k. Insiders have been net sellers, collectively disposing of CA$1.4m more than they bought in the last 12 months. Recent Insider Transactions • Sep 17
Executive Vice President recently sold CA$70k worth of stock On the 12th of September, Paul Riganelli sold around 9k shares on-market at roughly CA$8.15 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$145k. Insiders have been net sellers, collectively disposing of CA$932k more than they bought in the last 12 months. Recent Insider Transactions • Sep 11
Executive Vice President recently sold CA$56k worth of stock On the 6th of September, Paul Riganelli sold around 7k shares on-market at roughly CA$8.05 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$145k. Insiders have been net sellers, collectively disposing of CA$808k more than they bought in the last 12 months. Recent Insider Transactions • Sep 09
Executive Vice President recently sold CA$56k worth of stock On the 6th of September, Paul Riganelli sold around 7k shares on-market at roughly CA$8.05 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$145k. Insiders have been net sellers, collectively disposing of CA$808k more than they bought in the last 12 months. Upcoming Dividend • Sep 06
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (2.7%). Recent Insider Transactions • Aug 25
Executive Vice President recently sold CA$87k worth of stock On the 21st of August, Paul Riganelli sold around 11k shares on-market at roughly CA$7.80 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$351k more than they bought in the last 12 months. Buy Or Sell Opportunity • Aug 16
Now 21% overvalued Over the last 90 days, the stock has fallen 1.4% to CA$7.82. The fair value is estimated to be CA$6.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 8.1%. Declared Dividend • Aug 04
Third quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 5.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 01
Third quarter 2024 earnings released: EPS: CA$0.21 (vs CA$0.16 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.21 (up from CA$0.16 in 3Q 2023). Revenue: CA$161.8m (down 1.7% from 3Q 2023). Net income: CA$8.18m (up 31% from 3Q 2023). Profit margin: 5.1% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Announcement • Jul 10
Exco Technologies Limited to Report Q3, 2024 Results on Jul 31, 2024 Exco Technologies Limited announced that they will report Q3, 2024 results After-Market on Jul 31, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.5%). Recent Insider Transactions • May 13
Executive Vice President recently sold CA$115k worth of stock On the 10th of May, Paul Riganelli sold around 15k shares on-market at roughly CA$7.68 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$262k more than they bought in the last 12 months. Declared Dividend • May 06
Second quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.2% EPS decline seen over the last 5 years. Price Target Changed • May 03
Price target increased by 9.8% to CA$14.00 Up from CA$12.75, the current price target is provided by 1 analyst. New target price is 94% above last closing price of CA$7.20. Stock is down 5.4% over the past year. The company posted earnings per share of CA$0.68 last year. Reported Earnings • May 02
Second quarter 2024 earnings released: EPS: CA$0.21 (vs CA$0.16 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.21 (up from CA$0.16 in 2Q 2023). Revenue: CA$163.8m (up 5.3% from 2Q 2023). Net income: CA$8.07m (up 28% from 2Q 2023). Profit margin: 4.9% (up from 4.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Auto Components industry in North America. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Announcement • Apr 09
Exco Technologies Limited to Report Q2, 2024 Results on May 01, 2024 Exco Technologies Limited announced that they will report Q2, 2024 results After-Market on May 01, 2024 Upcoming Dividend • Mar 06
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 60% and the cash payout ratio is 91%. Trailing yield: 5.7%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (2.4%). Announcement • Feb 05
Exco Technologies Limited Appoints Tommy J. Skudutis to Its Board of Directors Brian Robbins, Executive Chair of Exco Technologies Limited announced the appointment of Tommy (Tom) J. Skudutis to Exco’s Board of Directors, effective immediately. Tom brings a wealth of experience to Exco from his lengthy career in the automotive industry. Beginning as a tool and die/mould maker, Tom subsequently gained over thirty years of experience at Magna International Inc., culminating in his role as the Chief Operating Officer before his recent retirement from full-time activities. In this capacity, he oversaw operations across more than 330 manufacturing locations globally. His tenure at Magna included numerous operational and executive leadership positions, including COO of Magna’s exteriors, interiors, seating, mirrors, and closures units, President of Magna’s body & chassis unit, Vice President of Operations at Cosma and President of Decoma. Tom will join the Board as an independent director with this appointment bringing the size of the Board to six directors. He is a Canadian resident residing in southern Ontario. Declared Dividend • Feb 04
First quarter dividend of CA$0.10 announced Dividend of CA$0.10 is the same as last year. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 5.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 34% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.4% EPS decline seen over the last 5 years. Reported Earnings • Feb 01
First quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.12 in 1Q 2023) First quarter 2024 results: EPS: CA$0.14 (up from CA$0.12 in 1Q 2023). Revenue: CA$156.7m (up 13% from 1Q 2023). Net income: CA$5.64m (up 25% from 1Q 2023). Profit margin: 3.6% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Canada. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Announcement • Feb 01
Exco Technologies Limited Announces Quarterly Dividend, Payable on March 28, 2024 Exco Technologies Limited announced a quarterly dividend of $0.105 per common share which will be paid on March 28, 2024 to shareholders of record on March 14, 2024. Announcement • Jan 10
Exco Technologies Limited to Report Q1, 2024 Results on Jan 31, 2024 Exco Technologies Limited announced that they will report Q1, 2024 results After-Market on Jan 31, 2024 Recent Insider Transactions • Dec 08
Insider recently sold CA$78k worth of stock On the 6th of December, Paul Robbins sold around 10k shares on-market at roughly CA$7.80 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$162k more than they bought in the last 12 months. Upcoming Dividend • Dec 07
Upcoming dividend of CA$0.10 per share at 5.3% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 62% and the cash payout ratio is 82%. Trailing yield: 5.3%. Lower than top quartile of Canadian dividend payers (6.6%). Higher than average of industry peers (3.0%). Reported Earnings • Dec 02
Full year 2023 earnings released: EPS: CA$0.68 (vs CA$0.48 in FY 2022) Full year 2023 results: EPS: CA$0.68 (up from CA$0.48 in FY 2022). Revenue: CA$619.3m (up 26% from FY 2022). Net income: CA$26.3m (up 39% from FY 2022). Profit margin: 4.2% (up from 3.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in Canada. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Dec 01
Exco Technologies Limited Revises Earnings Guidance for the Fiscal Year 2026 Exco Technologies Limited revised earnings guidance for the fiscal year 2026. In late fiscal 2021, the company announced it was targeting a compounded average annual growth rate (excluding acquisitions) of approximately 10% for revenues and slightly higher levels and Net Income through fiscal 2026, which was anticipated to produce approximately $750 million in annual Revenue and an annual EPS of roughly $1.90 by the end of this timeframe. The company has made significant progress towards achieving these targets since they were announced and continues to believe its revenue targets remain obtainable. However, the company revised its EPS target lower – to approximately $1.50 – to reflect the significant rise in interest rates as well as elevated levels of depreciation due to higher than planned capital expenditures associated with future growth initiatives. Announcement • Nov 30
Exco Technologies Limited Announces Quarterly Dividend, Payable on December 29, 2023 Exco Technologies Limited announced a quarterly dividend of $0.105 per common share which will be paid on December 29, 2023 to shareholders of record on December 15, 2023. Announcement • Nov 13
Exco Technologies Limited, Annual General Meeting, Jan 24, 2024 Exco Technologies Limited, Annual General Meeting, Jan 24, 2024. Announcement • Nov 07
Exco Technologies Limited to Report Q4, 2023 Results on Nov 29, 2023 Exco Technologies Limited announced that they will report Q4, 2023 results After-Market on Nov 29, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of CA$0.10 per share at 5.4% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.8%). Recent Insider Transactions • Aug 17
Insider recently sold CA$84k worth of stock On the 11th of August, Paul Robbins sold around 10k shares on-market at roughly CA$8.42 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$1.1m more than they sold in the last 12 months. Reported Earnings • Aug 03
Third quarter 2023 earnings released: EPS: CA$0.16 (vs CA$0.14 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.16 (up from CA$0.14 in 3Q 2022). Revenue: CA$164.6m (up 27% from 3Q 2022). Net income: CA$6.26m (up 13% from 3Q 2022). Profit margin: 3.8% (down from 4.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Auto Components industry in Canada. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CA$8.88, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 17x in the Auto Components industry in Canada. Total returns to shareholders of 67% over the past three years. Announcement • Jul 13
Exco Technologies Limited to Report Q3, 2023 Results on Aug 02, 2023 Exco Technologies Limited announced that they will report Q3, 2023 results on Aug 02, 2023 Upcoming Dividend • Jun 08
Upcoming dividend of CA$0.10 per share at 5.4% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (3.1%). Price Target Changed • May 06
Price target increased by 21% to CA$10.75 Up from CA$8.88, the current price target is provided by 1 analyst. New target price is 41% above last closing price of CA$7.61. Stock is down 14% over the past year. The company posted earnings per share of CA$0.49 last year. Reported Earnings • Apr 29
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: CA$162 (up from CA$0.13 in 2Q 2022). Revenue: CA$155.5m (up 30% from 2Q 2022). Net income: CA$6.29m (up 23% from 2Q 2022). Profit margin: 4.0% (down from 4.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Auto Components industry in Canada. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 09
Upcoming dividend of CA$0.10 per share at 5.2% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (2.9%). Major Estimate Revision • Feb 07
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CA$580.4m to CA$572.1m. EPS estimate also fell from CA$0.62 per share to CA$0.51 per share. Net income forecast to grow 2.4% next year vs 31% growth forecast for Auto Components industry in Canada. Consensus price target down from CA$10.63 to CA$8.88. Share price was steady at CA$7.52 over the past week. Price Target Changed • Feb 02
Price target decreased by 17% to CA$8.88 Down from CA$10.75, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CA$7.51. Stock is down 19% over the past year. The company is forecast to post earnings per share of CA$0.51 for next year compared to CA$0.49 last year. Reported Earnings • Feb 01
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: EPS: CA$0.12 (up from CA$0.07 in 1Q 2022). Revenue: CA$139.1m (up 38% from 1Q 2022). Net income: CA$4.52m (up 65% from 1Q 2022). Profit margin: 3.3% (up from 2.7% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Auto Components industry in Canada. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jan 10
Exco Technologies Limited to Report Q1, 2023 Results on Jan 31, 2023 Exco Technologies Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 31, 2023 Upcoming Dividend • Dec 08
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (2.8%).