Metro Inc. (TSE:MRU – Get Free Report) insider Richard Pruneau sold 2,018 shares of Metro stock in a transaction on Thursday, January 29th. The stock was sold at an average price of C$90.87, for a total transaction of C$183,375.66. Following the transaction, the insider owned 12,433 shares in the company, valued at C$1,129,786.71. This represents a 13.96% decrease in their position.
Metro Price Performance
TSE MRU opened at C$90.39 on Friday. The stock has a market cap of C$19.27 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 4.06 and a beta of 0.11. Metro Inc. has a 12 month low of C$89.13 and a 12 month high of C$109.20. The company’s 50 day moving average is C$98.30 and its two-hundred day moving average is C$98.01. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29.
Metro (TSE:MRU – Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported C$1.16 EPS for the quarter. The business had revenue of C$5.29 billion for the quarter. Metro had a return on equity of 13.80% and a net margin of 4.50%. As a group, research analysts anticipate that Metro Inc. will post 4.8188614 earnings per share for the current year.
Key Stories Impacting Metro
- Positive Sentiment: Analysts/commentary note restored store operations, dividend growth and valuation support as reasons the recent pullback could be a buying opportunity, which may underpin longer‑term upside. Metro Restores Operations As Dividend Growth And Valuation Draw Focus
- Positive Sentiment: Seeking Alpha frames the dip as a repeat of last year’s buying opportunity, highlighting valuation and earnings visibility as attractive to value investors. Metro: Repeats Last Year’s Buying Opportunity
- Positive Sentiment: Broad media pieces suggest Metro may be undervalued for long‑term investors, reinforcing the view that the pullback could present accumulation opportunities. Could This Undervalued Canadian Stock Be a Millionaire-Maker?
- Neutral Sentiment: Several valuation deep‑dives provide context on earnings and fair‑value estimates after the share weakness but do not present an imminent catalyst. Assessing Metro (TSX:MRU) Valuation After Recent Share Price Weakness
- Negative Sentiment: TD Securities cut its price target to C$113, contributing to downward analyst pressure. TD Securities Cuts Metro (TSE:MRU) Price Target to C$113.00
- Negative Sentiment: BMO lowered its target to C$110, signaling reduced near‑term upside in sell‑side models. BMO Capital Markets Cuts Metro (TSE:MRU) Price Target to C$110.00
- Negative Sentiment: Scotiabank, CIBC and Desjardins also trimmed targets to C$103, C$101 and C$99 respectively, amplifying consensus downside pressure. Scotiabank Cuts Metro (TSE:MRU) Price Target to C$103.00 CIBC Cuts Metro (TSE:MRU) Price Target to C$101.00 Desjardins Cuts Metro (TSE:MRU) Price Target to C$99.00
- Negative Sentiment: Insider selling: two disclosures show Geneviève Bich sold ~4,418 shares and Richard Pruneau sold 2,018 shares at ~C$91, which can be read as a near‑term negative signal for sentiment. Insider Selling: Metro (TSE:MRU) Insider Sells 2,018 Shares of Stock MarketBeat Insider Report
Analysts Set New Price Targets
A number of analysts recently weighed in on MRU shares. Desjardins reduced their price objective on shares of Metro from C$105.00 to C$99.00 and set a “hold” rating on the stock in a research report on Wednesday. Scotiabank dropped their price target on Metro from C$110.00 to C$103.00 and set an “outperform” rating on the stock in a research report on Wednesday. CIBC dropped their price objective on shares of Metro from C$105.00 to C$101.00 and set a “neutral” rating on the stock in a research note on Wednesday. National Bankshares decreased their price objective on Metro from C$107.00 to C$106.00 and set a “sector perform” rating for the company in a research note on Wednesday. Finally, TD Securities decreased their target price on shares of Metro from C$118.00 to C$113.00 and set a “buy” rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$106.25.
Read Our Latest Research Report on Metro
About Metro
Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. It utilizes an array of business models, but it most frequently acts as either a retailer, operating individual stores, or a franchiser, licensing its trademarks and supplying merchandise to franchisees.
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