Logistec (TSX:LGT.B) - Stock Price, News & Analysis

LGT.B Stock Overview

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States.

About the company

LGT.B fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 74.7% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (2.8%) are lower than last year (6%)

Logistec Corporation Competitors

Westshore Terminals Investment

TSX:WTE

CA$1.6b

Mullen Group

TSX:MTL

CA$1.3b

Algoma Central

TSX:ALC

CA$581.4m

Cargojet

TSX:CJT

CA$1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Logistec
Historical stock prices
Current Share Price	CA$66.97
52 Week High	CA$69.50
52 Week Low	CA$40.03
Beta	0.70
1 Month Change	3.83%
3 Month Change	16.27%
1 Year Change	65.77%
3 Year Change	83.13%
5 Year Change	55.56%
Change since IPO	3,552.91%

Recent updates

Logistec's (TSE:LGT.B) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 09

Logistec (TSE:LGT.B) Will Pay A Larger Dividend Than Last Year At CA$0.11

Aug 10

Returns On Capital Signal Tricky Times Ahead For Logistec (TSE:LGT.B)

May 27

Here's Why I Think Logistec (TSE:LGT.B) Might Deserve Your Attention Today

May 11

Shareholders May Be More Conservative With Logistec Corporation's (TSE:LGT.B) CEO Compensation For Now

Apr 28

We Think Logistec (TSE:LGT.B) Can Stay On Top Of Its Debt

Mar 09

The Returns At Logistec (TSE:LGT.B) Provide Us With Signs Of What's To Come

Feb 22

Do Logistec's (TSE:LGT.B) Earnings Warrant Your Attention?

Feb 05

Would Logistec Corporation (TSE:LGT.B) Be Valuable To Income Investors?

Jan 21

What Kind Of Investors Own Most Of Logistec Corporation (TSE:LGT.B)?

Jan 05

Logistec's (TSE:LGT.B) Stock Price Has Reduced 11% In The Past Three Years

Dec 21

These 4 Measures Indicate That Logistec (TSE:LGT.B) Is Using Debt Reasonably Well

Dec 07

Shareholder Returns

	LGT.B	CA Infrastructure	CA Market
7D	0.2%	-0.4%	0.7%
1Y	65.8%	27.4%	5.5%

Return vs Industry: LGT.B exceeded the Canadian Infrastructure industry which returned 25.6% over the past year.

Return vs Market: LGT.B exceeded the Canadian Market which returned 3.4% over the past year.

Price Volatility

Is LGT.B's price volatile compared to industry and market?
LGT.B volatility
LGT.B Average Weekly Movement	3.8%
Infrastructure Industry Average Movement	4.2%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.2%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: LGT.B has not had significant price volatility in the past 3 months.

Volatility Over Time: LGT.B's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	3,426	Madeleine Paquin	www.logistec.com

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. It operates through Marine Services and Environmental Services segments. The Maine Services segment offers stevedoring, cargo loading and unloading, container stuffing and destuffing, ship dockage, road transportation, and storage and tailgating, including truck loading and discharging services.

Logistec Corporation Fundamentals Summary

How do Logistec's earnings and revenue compare to its market cap?
LGT.B fundamental statistics
Market cap	CA$834.30m
Earnings (TTM)	CA$26.58m
Revenue (TTM)	CA$963.94m

32.3x

P/E Ratio

0.9x

P/S Ratio

Is LGT.B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGT.B income statement (TTM)
Revenue	CA$963.94m
Cost of Revenue	CA$713.40m
Gross Profit	CA$250.54m
Other Expenses	CA$223.96m
Earnings	CA$26.58m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.07
Gross Margin	25.99%
Net Profit Margin	2.76%
Debt/Equity Ratio	110.5%

How did LGT.B perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

25%

Payout Ratio

LGT.B Stock Overview

Rewards

Risk Analysis

Logistec Corporation Competitors

TSX:WTE

CA$1.6b

TSX:MTL

CA$1.3b

TSX:ALC

CA$581.4m

TSX:CJT

CA$1.9b

Price History & Performance

Recent News & Updates

Logistec Corporation CL A & Class B Subordinate Voting Shares to Be Deleted from OTC Equity

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC completed the acquisition of Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others.

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC completed the acquisition of Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others.

Upcoming dividend of CA$0.13 per share at 0.8% yield

Logistec Corporation Declares Quarterly Dividends, Payable on January 17, 2024

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC entered into an arrangement agreement to acquire Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others for approximately CAD 860 million.

Recent updates

Logistec Corporation CL A & Class B Subordinate Voting Shares to Be Deleted from OTC Equity

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC completed the acquisition of Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others.

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC completed the acquisition of Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others.

Upcoming dividend of CA$0.13 per share at 0.8% yield

Logistec Corporation Declares Quarterly Dividends, Payable on January 17, 2024

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC entered into an arrangement agreement to acquire Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others for approximately CAD 860 million.

Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC entered into an arrangement agreement to acquire Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others for approximately CAD 860 million.

Upcoming dividend of CA$0.13 per share at 0.8% yield

New major risk - Financial position

Second quarter 2023 earnings released: EPS: CA$0.25 (vs CA$1.01 in 2Q 2022)

Logistec Corporation Declares Quarterly Dividends, Payable on October 6, 2023

Estimating The Intrinsic Value Of Logistec Corporation (TSE:LGT.B)

Upcoming dividend of CA$0.13 per share at 0.8% yield

Here's Why Logistec (TSE:LGT.B) Can Manage Its Debt Responsibly

Investor sentiment improves as stock rises 36%

Logistec Principal Shareholder Expresses Interest in Shedding Stake

First quarter 2023 earnings released: CA$0.71 loss per share (vs CA$0.46 loss in 1Q 2022)

Logistec Corporation Declares Quarterly Dividends on Shares, Payable on July 7, 2023

Full year 2022 earnings released

Upcoming dividend of CA$0.13 per share

Logistec Corporation Declares Quarterly Dividends on Shares Payable on January 17, 2023

Less than half of directors are independent

Third quarter 2022 earnings released

Logistec Corporation to Report Q3, 2022 Results on Nov 03, 2022

Logistec (TSE:LGT.B) Is Increasing Its Dividend To CA$0.1296

Upcoming dividend of CA$0.13 per share

Logistec's (TSE:LGT.B) Upcoming Dividend Will Be Larger Than Last Year's

Second quarter 2022 earnings released: EPS: CA$1.00 (vs CA$0.79 in 2Q 2021)

Logistec Corporation Declares Class A Common and Class B Shares Dividends on Shares, Payable on October 7, 2022

Upcoming dividend of CA$0.11 per share

Logistec (TSE:LGT.B) Has Re-Affirmed Its Dividend Of CA$0.11

Less than half of directors are independent

First quarter 2022 earnings released: CA$1.06 loss per share (vs CA$0.44 loss in 1Q 2021)

Logistec Corporation Announces Board Changes

Logistec (TSE:LGT.B) Has Announced A Dividend Of CA$0.11

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Logistec Corporation, Annual General Meeting, May 05, 2022

Upcoming dividend of CA$0.11 per share

Logistec (TSE:LGT.B) Has Announced A Dividend Of CA$0.11

Third quarter 2021 earnings released: EPS CA$2.05 (vs CA$1.58 in 3Q 2020)

Upcoming dividend of CA$0.11 per share

Logistec's (TSE:LGT.B) Shareholders Will Receive A Bigger Dividend Than Last Year

Insider recently sold CA$125k worth of stock

Logistec (TSE:LGT.B) Will Pay A Larger Dividend Than Last Year At CA$0.11

Second quarter 2021 earnings released: EPS CA$0.79 (vs CA$0.36 in 2Q 2020)

Insider recently sold CA$220k worth of stock

President exercised options to buy CA$1.8m worth of stock.

Upcoming dividend of CA$0.10 per share

Returns On Capital Signal Tricky Times Ahead For Logistec (TSE:LGT.B)

Here's Why I Think Logistec (TSE:LGT.B) Might Deserve Your Attention Today

Independent Director has left the company

Independent Chairman James Cherry has left the company

Logistec Corporation Declares Quarterly Dividends on Class A and B Common Shares, Payable on July 5, 2021

Shareholders May Be More Conservative With Logistec Corporation's (TSE:LGT.B) CEO Compensation For Now

Upcoming dividend of CA$0.10 per share

Full year 2020 earnings released: EPS CA$2.53 (vs CA$2.05 in FY 2019)

LOGISTEC Corporation Declares Quarterly Dividends on Outstanding Class A Common Shares on Outstanding Class B Subordinate Voting Shares, Payable on April 15, 2021

We Think Logistec (TSE:LGT.B) Can Stay On Top Of Its Debt

The Returns At Logistec (TSE:LGT.B) Provide Us With Signs Of What's To Come