West Fraser Timber cut at Raymond James as earnings inflection emerges but seasonality looms
[Sawmill] PaulGrecaud/iStock via Getty Images West Fraser Timber (WFG [https://seekingalpha.com/symbol/WFG]) up 1.3% in Thursday's trading as Raymond James downgraded shares to Market Perform from Outperform with a $75 price target, down f…
ADENTRA to Host Fourth Quarter and Full-year 2023 Results Conference Call
LANGLEY, BC, Jan. 30, 2024 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that it will report its fourth quarter and full-year 2023 results on Thursday, March 14, 2024 after the markets close. The Company wil…
ADENTRA Inc.'s (TSE:ADEN) largest shareholders are individual investors with 59% ownership, private companies own 19%
Key Insights Significant control over ADENTRA by individual investors implies that the general public has more power to influence management and governance-related decisions A total of 25 investors have a majority stake in the company with…
ADENTRA Inc.'s (TSE:ADEN) Stock Is Going Strong: Have Financials A Role To Play?
ADENTRA's (TSE:ADEN) stock is up by a considerable 24% over the past month. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to s…
LANGLEY, BC, Dec. 28, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by the Company of its intention to make a Normal Course…
ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of ADENTRA Inc. (TSE:ADEN) has announced that it will be paying its dividend of $0.14 on the 26th of January, an increased payment from last year's comparable dividend. This makes the dividend yield about the same as the industry…
Investors in ADENTRA (TSE:ADEN) have seen stellar returns of 162% over the past five years
ADENTRA Inc. (TSE:ADEN) shareholders might be concerned after seeing the share price drop 24% in the last quarter. But in stark contrast, the returns over the last half decade have impressed. Indeed, the share price is up an impressive 139…
Third quarter 2023 sales of US$558.7 million Cash flow from operations of US$59.1 million Quarterly dividend increased by 8% to C$0.14 per share LANGLEY, BC, Nov. 8, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") today announced fi…
ADENTRA Inc. (TSE:ADEN), might not be a large cap stock, but it saw significant share price movement during recent months on the TSX, rising to highs of CA$36.14 and falling to the lows of CA$25.52. Some share price movements can give inve…
ADENTRA to Host Third Quarter 2023 Results Conference Call
LANGLEY, BC, Oct. 12, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that it will report its third quarter 2023 results on Wednesday, November 8, 2023 after the markets close. The Company will also host…
Is ADENTRA Inc. (TSE:ADEN) Worth CA$28.4 Based On Its Intrinsic Value?
Key Insights The projected fair value for ADENTRA is CA$21.03 based on 2 Stage Free Cash Flow to Equity ADENTRA is estimated to be 35% overvalued based on current share price of CA$28.37 Our fair value estimate is 53% lower than ADENTRA's…
Be Wary Of ADENTRA (TSE:ADEN) And Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amou…
Second quarter 2023 sales of US$585.9 million Cash flow from operations of US$52.8 million Declares dividend of C$0.13 per share LANGLEY, BC, Aug. 10, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") today announced financial results…
LANGLEY, BC, July 19, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that the United States Department of Commerce ("Commerce") issued its final determination ("Final Determination") with respect to a tr…
ADENTRA to Host Second Quarter 2023 Results Conference Call
LANGLEY, BC, July 10, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that it will report its second quarter 2023 results on Thursday, August 10, 2023 after the markets close. The Company will also host a…
ADENTRA (TSE:ADEN) Is Increasing Its Dividend To $0.13
ADENTRA Inc. (TSE:ADEN) has announced that it will be increasing its dividend from last year's comparable payment on the 28th of July to $0.13. Even though the dividend went up, the yield is still quite low at only 1.6%. While the dividend…
ADENTRA Announces Voting Results for Annual General and Special Meeting
Trading Symbol:Toronto Stock Exchange – ADEN LANGLEY, BC, May 11, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") today announced the voting results of the Company's annual general and special meeting of shareholders held on May 11,…
First quarter 2023 sales at US$579.9 million and earnings per share of US$0.43 Cash flow from operations grows by US$100.0 million year-over-year Declares dividend of C$0.13 per share LANGLEY, BC, May 11, 2023 /CNW/ - ADENTRA Inc. ("ADENTR…
ADENTRA to Host First Quarter 2023 Results Conference Call
LANGLEY, BC, April 12, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that it will report its first quarter 2023 results on Thursday, May 11, 2023 after the markets close. The Company will also host a co…
ADENTRA Announces Annual and Fourth Quarter 2022 Results
Record top and bottom-line annual results Cash flow from operations grows to US$127 million in the fourth quarter LANGLEY, BC, March 13, 2023 /CNW/ - ADENTRA Inc. (formerly, Hardwoods Distribution Inc.) ("ADENTRA" or the "Company") (TSX: A…
ADENTRA Releases its Inaugural Sustainability Report
LANGLEY, B.C, Feb. 22, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) is pleased to announce today's release of its 2023 Sustainability Report, highlighting its priorities and business practices to build a strong future…
ADENTRA to Host Fourth Quarter and Full-Year 2022 Results Conference Call
LANGLEY, BC, Feb. 2, 2023 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN) today announced that it will report its fourth quarter and full-year 2022 results on Monday, March 13, 2023 before the markets open. The Company will a…
LANGLEY, BC, Dec. 29, 2022 /CNW/ - ADENTRA Inc. ("ADENTRA" or the "Company") (TSX: ADEN)" is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by the Company of its intention to make a Normal Cours…
Hardwoods Distribution Inc. Rebrands to ADENTRA Inc.
Launches New Corporate Identity LANGLEY, BC, Dec. 5, 2022 /CNW/ - Hardwoods Distribution Inc. (the "Company") (TSX: HDI) today announced it has completed its re-branding of the Company from Hardwoods Distribution Inc. to ADENTRA Inc. ("ADE…
Hardwoods Distribution's (TSE:HDI) Dividend Will Be Increased To $0.13
Hardwoods Distribution Inc.'s (TSE:HDI) dividend will be increasing from last year's payment of the same period to $0.13 on 27th of January. This takes the annual payment to 2.0% of the current stock price, which unfortunately is below wha…
Hardwoods Distribution's (TSE:HDI) Shareholders Will Receive A Bigger Dividend Than Last Year
Hardwoods Distribution Inc.'s (TSE:HDI) dividend will be increasing from last year's payment of the same period to $0.13 on 27th of January. This takes the annual payment to 1.7% of the current stock price, which unfortunately is below wha…
Quarterly Dividend Increase of 8% LANGLEY, BC, Nov. 8, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") today announced financial results for the three and nine months ended September 30, 2022 and an 8% increase to the qua…
Hardwoods Distribution Inc. Announces Plan to Rebrand as ADENTRA Inc.
New corporate branding reflects our identity LANGLEY, BC, Nov. 7, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") (TSX: HDI) today announced its intention to rebrand the Company from Hardwoods Distribution Inc. to ADENTRA…
Here's Why We Think Hardwoods Distribution (TSE:HDI) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Unfortunately, these high risk investments often have little probability of ever pa…
HDI to Host Third Quarter 2022 Results Conference Call
LANGLEY, BC, Oct. 13, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") (TSX: HDI) today announced that it will report its 2022 third-quarter results on Tuesday, November 8, 2022 after the markets close. The Company will ho…
HDI Appoints Charlotte Burke to Board of Directors
TRADING SYMBOL: Toronto Stock Exchange – HDI LANGLEY, BC, Sept. 19, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") today announced that Charlotte Burke has been appointed to the Company's board of directors effective Sep…
LANGLEY, BC, Aug. 11, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") today announced financial results for the three and six months ended June 30, 2022. HDI is one of North America's largest suppliers of specialty buildi…
HDI Second Quarter Results Conference Call Notification
LANGLEY, BC, July 26, 2022 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") (TSX: HDI) today announced that it will report its 2022 second quarter results on Thursday, August 11, 2022 after the markets close. The Company will h…
Those who invested in Hardwoods Distribution (TSE:HDI) three years ago are up 136%
Hardwoods Distribution Inc. (TSE:HDI) shareholders might be concerned after seeing the share price drop 23% in the last quarter. But that doesn't undermine the rather lovely longer-term return, if you measure over the last three years. The…
Should You Be Excited About Hardwoods Distribution Inc.'s (TSE:HDI) 29% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE…