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.

LGT.B fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 16.7% below our estimate of its fair value

Earnings have grown 23% per year over the past 5 years

Risk Analysis

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

Logistec Corporation Competitors

Westshore Terminals Investment

TSX:WTE

CA$2.0b

Chorus Aviation

TSX:CHR

CA$603.1m

Algoma Central

TSX:ALC

CA$575.0m

Mullen Group

TSX:MTL

CA$1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Logistec
Historical stock prices
Current Share Price	CA$57.89
52 Week High	CA$61.99
52 Week Low	CA$35.00
Beta	0.94
1 Month Change	42.06%
3 Month Change	33.08%
1 Year Change	39.16%
3 Year Change	86.74%
5 Year Change	12.39%
Change since IPO	3,057.64%

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

May 24

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	-5.1%	-0.4%	-5.3%
1Y	39.2%	2.8%	-57.8%

Return vs Industry: LGT.B exceeded the Canadian Infrastructure industry which returned 2.8% over the past year.

Return vs Market: LGT.B exceeded the Canadian Market which returned -57.8% 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	9.1%
Infrastructure Industry Average Movement	6.4%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	16.2%
10% least volatile stocks in CA Market	3.5%

Stable Share Price: LGT.B is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LGT.B's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	3,426	Madeleine Paquin	https://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$745.34m
Earnings (TTM)	CA$50.51m
Revenue (TTM)	CA$915.00m

14.7x

P/E Ratio

0.8x

P/S Ratio

Is LGT.B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LGT.B income statement (TTM)
Revenue	CA$915.00m
Cost of Revenue	CA$684.50m
Gross Profit	CA$230.50m
Other Expenses	CA$179.99m
Earnings	CA$50.51m

Last Reported Earnings

Mar 25, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	3.94
Gross Margin	25.19%
Net Profit Margin	5.52%
Debt/Equity Ratio	61.0%

How did LGT.B perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

13%

Payout Ratio

Does LGT.B pay a reliable dividends?

See LGT.B dividend history and benchmarks

When do you need to buy LGT.B by to receive an upcoming dividend?
Logistec dividend dates
Ex Dividend Date	Jun 21 2023
Dividend Pay Date	Jul 07 2023
Days until Ex dividend	18 days
Days until Dividend pay date	34 days

Does LGT.B pay a reliable dividends?

See LGT.B dividend history and benchmarks

LGT.B Stock Overview

Rewards

Risk Analysis

Logistec Corporation Competitors

TSX:WTE

CA$2.0b

TSX:CHR

CA$603.1m

TSX:ALC

CA$575.0m

TSX:MTL

CA$1.4b

Price History & Performance

Recent News & Updates

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

Recent updates

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

Logistec Corporation, Annual General Meeting, May 04, 2021

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

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

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

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

New 90-day high: CA$38.70

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

New 90-day high: CA$34.99

Third quarter 2020 earnings released: EPS CA$2.77

SANEXEN and Montr'al Est's Innovative Lead Free Water Technology Pilot Project, ALTRA, a Success A First in Qu'bec and Canada

Upcoming Dividend of CA$0.10 Per Share

First half earnings released

New 90-day high - CA$35.50