mid-cap

TSX-Listed Stock Pick for March 2023 Amid Market Volatility

Mar 02, 2023 | Team Kalkine
TSX-Listed Stock Pick for March 2023 Amid Market Volatility

Section1: Company Overview

Winpak Ltd. (TSX: WPK) manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments i.e., flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The company's geographical segments include the United States, Canada, and Mexico & others.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology EV to Sales Based

 

 

 

 

 

3.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~4.86% in 1 month and downside of 1.88% over the last 3 months. The stock has a 52-week high and 52-week low of CAD 48.13 and CAD 36.91, respectively and is currently trading slightly above the average of 52-week high-low average. 

3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of March 01, 2023). Source: REFINITIV, Analysis: Kalkine Group 

3.4 Technical Summary

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, and currency as of March 01, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.


Disclaimer

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.