Enercare, Inc. CSUWF

Analyst Recommendation

[retiredcf]

https://www.bnn.ca/Video/player.aspx?vid=743726

2015-11-05

BUY on WEAKNESS

Greg Newman

A nice little name and he models really nice compound annual growth rate EPS over the next couple of years. Attrition rates have been improving. Has a 5.6% dividend yield, supported by 64% low payout ratio. The only thing he doesn’t like is that it is really not undervalued right now. Trading at around 8.8X 2015 estimated earnings, versus the five-year average of around 7.5. Try to buy this at a lower level. / Be the first to comment

Price: $15.600 Subject: CANADIAN DIVIDEND Bias: CAUTIOUS Owned: Unknown

[ffhwatcher3]

A little surprising that someone doesn't want to be in this stock for this Friday's earnings report.  There can always be surprises, it has run up a bit from $14 to just over $15. but the business seems to be improving by at least that amount with better than expected attrition (Scotia is still forecasting a loss of 36,000 units in 2016) and accelerating sub-metering business.