Empire Company Limited sees slight price movement amid notable company news.
Empire Company Limited (EMP-A.TO) reported a modest gain of 0.70% in today's trading, closing at C$49.32. However, the stock has declined by 2.48% over the past week, reflecting some volatility amid recent developments in the company’s operations.
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Empire Company Limited
EMP-A.TO
EMP-A.TO
Empire Company Limited
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Market cap
$11.12B
P/E
57.7x
Div. yield
1.80%
Div. / share
$0.88
52W high
$57.22
52W low
$43.39
1W change
-2.48%
Beta
0.35
Analyst Price Targets
Based on analyst covering EMP-A
Wall Street analysts forecast EMP-A stock price to rise 8.5% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$54.29
+8.5% Upside
Current Price
C$50.01
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EMP-A's historical volatility
30-Day Vol
26.2%
Annualized
90-Day Vol
23.1%
Annualized
Trend (90d)
+28.0%
Annualized drift
90d Mean
C$55.26
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$51.70 | C$47.24 – C$56.58 |
| 60 trading days | C$53.45 | C$47.05 – C$60.73 |
| 90 trading days | C$55.26 | C$47.26 – C$64.61 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While Empire Company Limited is navigating a challenging market environment, its recent initiatives in food recovery may bolster its reputation and operational efficiency, which could be beneficial for long-term investors.
Empire Company Limited's stock has seen a 1D increase of 0.70% with a YTD growth of 3.80%.
The stock's performance over the past month shows a modest increase of 2.02%, indicating some resilience despite recent fluctuations.
Bull case
Empire's focus on sustainability through food recovery initiatives could enhance its brand value and customer loyalty. This commitment may lead to increased sales and profitability in the long run.
Bear case
Despite the positive developments, the stock's high P/E ratio and relatively low profit margin may raise concerns among investors regarding its valuation and long-term growth prospects.
Recent Company News
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Empire Company Limited's subsidiary, Sobeys Inc., recently surpassed national food loss and waste reduction targets. This initiative is part of a broader effort in Québec to lead food recovery, showcasing the company's commitment to sustainability and operational efficiency. Such measures align with consumer preferences for environmentally responsible practices and position Empire as a leader in the consumer staples sector.
Technical Picture
The stock closed at C$49.32, slightly below its 50-day moving average of C$49.71, indicating minor short-term weakness. However, it remains above its 200-day moving average of C$48.67, suggesting a longer-term positive trend. The stock has traded within a 52-week range of C$43.39 to C$57.22, currently sitting at approximately 43% of this range. With a beta of 0.35, Empire's stock exhibits lower volatility compared to the broader market, which may appeal to risk-averse investors. Recent trading volume was 483,211 shares, slightly above the 20-day average volume of 477,501 shares, indicating increased investor interest.
Price Action Summary
As of the last close, Empire Company Limited's stock is priced at C$49.32, reflecting a 0.70% increase for the day. Despite a weekly decline of 2.48%, the stock has shown resilience with a year-to-date increase of 3.80%, suggesting a stable outlook amidst market fluctuations.
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