High Liner Foods Set for Q2 2024 Earnings Call - TipRanks
| HLF Stock | CAD 15.55 0.49 3.25% |
About 55% of High Liner's investors are presently thinking to get in. The analysis of overall sentiment of trading High Liner Foods stock suggests that some investors are interested at this time. High Liner's investing sentiment overview a quick insight into current market opportunities from investing in High Liner Foods. Many technical investors use High Liner Foods stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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High Liner Foods Set for Q2 2024 Earnings Call TipRanks
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High Liner Fundamental Analysis
We analyze High Liner's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Liner using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Liner based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
High Liner is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
High Liner Foods Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with High Liner stock to make a market-neutral strategy. Peer analysis of High Liner could also be used in its relative valuation, which is a method of valuing High Liner by comparing valuation metrics with similar companies.
Peers
High Liner Related Equities
| MFI | Maple Leaf | 3.18 | ||||
| XTC | Exco Technologies | 1.29 | ||||
| LNF | Leons Furniture | 0.53 | ||||
| ACQ | Autocanada | 0.11 | ||||
| PBH | Premium Brands | 0.38 |
Other Information on Investing in High Stock
High Liner financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Liner security.