Printing Industry News for Canada | RSS | 

4 August 2021
Transcontinental Gains Favor With Stock Market
NEW YORK—
Transcontinental (TSX:TCL.A) has been getting some high marks in the financial community. A growing number of financial analysts have been making very positive comments about the company. Printing companies have not been liked by the financial markets for years. Such as: Transcontinental has been growing its payouts for about 19 consecutive years. It’s currently trading at $24.3 per share and is very reasonably valued (the price-to-earnings ratio is 13, and the price-to-book ratio is 1.2) right now.
it has grown about 58% in the last 12 months. Transcontinental is offering a decent 3.6% at a very safe payout ratio of 48.1%. The revenues, while still not recovered from pre-pandemic levels, might pick up soon, and a strong earnings result might become the catalyst for the next growth phase of the company. As Canada’s largest printer and one of the largest packaging companies in the world, Transcontinental has a powerful position in the industry. It also has an impressive international presence.
The printing industries largest public company
|
Brampton plant was converted from web to wide format
|
Post a Comment
Comments:
NEW ON THE JOB BOARD | RSS
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
![]() |
|
![]() |
|
![]() |
Total Used Equipment Listings: 19
CLASSIFIED | RSS
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
![]() |
|
Mr Beastly says: | |
Most Read Stories
THE PRINT WIRE
Other news from the industry