C
ADENTRA Inc.
ADEN.TO
TSX
C
Hold
10/31/2023Downgrade
ADENTRA Inc. (ADEN.TO) was downgraded to C from C+ on 10/31/2023 due to a decline in the efficiency index, valuation index and volatility index. Total capital declined 4.21% from $1.2B to $1.15B, and net income declined 2.39% from $9.6M to $9.37M.
ADENTRA Inc. (ADEN.TO) was downgraded to C from C+ on 10/31/2023 due to a decline in the efficiency index, valuation index and volatility index. Total capital declined 4.21% from $1.2B to $1.15B, and net income declined 2.39% from $9.6M to $9.37M.
C
Hold
7/19/2023Upgraded
ADENTRA Inc. (ADEN.TO) was upgraded to C+ from C on 7/19/2023 due to an increase in the solvency index, dividend index and volatility index. Debt to equity declined from 1.28 to 1.12, and the quick ratio increased from 0.59 to 0.66.
ADENTRA Inc. (ADEN.TO) was upgraded to C+ from C on 7/19/2023 due to an increase in the solvency index, dividend index and volatility index. Debt to equity declined from 1.28 to 1.12, and the quick ratio increased from 0.59 to 0.66.
C
Hold
4/17/2023Downgrade
ADENTRA Inc. (ADEN.TO) was downgraded to C from C+ on 4/17/2023 due to a large decline in the growth index, total return index and dividend index. Earnings per share declined from $1.27 to $0.5803, EBIT declined 48.79% from $48.06M to $24.61M, and total revenue declined 12.88% from $659.69M to $574.73M.
ADENTRA Inc. (ADEN.TO) was downgraded to C from C+ on 4/17/2023 due to a large decline in the growth index, total return index and dividend index. Earnings per share declined from $1.27 to $0.5803, EBIT declined 48.79% from $48.06M to $24.61M, and total revenue declined 12.88% from $659.69M to $574.73M.
C
Hold
7/1/2022Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 7/1/2022 due to a large decline in the total return index, volatility index and solvency index. Debt to equity increased from 1.06 to 1.69, and the quick ratio declined from 0.59 to 0.46.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 7/1/2022 due to a large decline in the total return index, volatility index and solvency index. Debt to equity increased from 1.06 to 1.69, and the quick ratio declined from 0.59 to 0.46.
B
Buy
3/28/2022Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 3/28/2022 due to a decline in the total return index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 3/28/2022 due to a decline in the total return index and volatility index.
B
Buy
3/15/2022Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B from B+ on 3/15/2022 due to a substantial decline in the total return index, growth index and solvency index. EBIT declined 16.52% from $50.79M to $42.4M, the quick ratio declined from 0.66 to 0.59, and earnings per share declined from $1.56 to $1.464.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B from B+ on 3/15/2022 due to a substantial decline in the total return index, growth index and solvency index. EBIT declined 16.52% from $50.79M to $42.4M, the quick ratio declined from 0.66 to 0.59, and earnings per share declined from $1.56 to $1.464.
B
Buy
2/24/2022Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B+ from B on 2/24/2022 due to an increase in the total return index, valuation index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B+ from B on 2/24/2022 due to an increase in the total return index, valuation index and volatility index.
B
Buy
1/13/2022Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B from B+ on 1/13/2022 due to a decline in the total return index and valuation index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B from B+ on 1/13/2022 due to a decline in the total return index and valuation index.
B
Buy
12/29/2021Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B+ from B on 12/29/2021 due to a major increase in the valuation index, total return index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B+ from B on 12/29/2021 due to a major increase in the valuation index, total return index and volatility index.
B
Buy
8/3/2021Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from B- on 8/3/2021 due to an increase in the total return index and valuation index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from B- on 8/3/2021 due to an increase in the total return index and valuation index.
B
Buy
7/19/2021Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 7/19/2021 due to a decline in the total return index and valuation index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 7/19/2021 due to a decline in the total return index and valuation index.
B
Buy
7/1/2021Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from C+ on 7/1/2021 due to a substantial increase in the total return index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from C+ on 7/1/2021 due to a substantial increase in the total return index.
C
Hold
6/16/2021Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 6/16/2021 due to a major decline in the total return index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 6/16/2021 due to a major decline in the total return index.
B
Buy
6/1/2021Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 6/1/2021 due to a noticeable decline in the total return index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 6/1/2021 due to a noticeable decline in the total return index.
B
Buy
5/13/2021Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from B- on 5/13/2021 due to a large increase in the total return index, growth index and valuation index. Earnings per share increased from $0.2688 to $0.61, EBIT increased 96.45% from $9.66M to $18.97M, and total revenue increased 23.07% from $236.58M to $291.16M.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B from B- on 5/13/2021 due to a large increase in the total return index, growth index and valuation index. Earnings per share increased from $0.2688 to $0.61, EBIT increased 96.45% from $9.66M to $18.97M, and total revenue increased 23.07% from $236.58M to $291.16M.
B
Buy
4/22/2021Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B- from C+ on 4/22/2021 due to a substantial increase in the total return index, solvency index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to B- from C+ on 4/22/2021 due to a substantial increase in the total return index, solvency index and volatility index.
C
Hold
8/13/2020Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 8/13/2020 due to a noticeable increase in the total return index, volatility index and efficiency index. Net income increased 5.6% from $6.99M to $7.38M.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 8/13/2020 due to a noticeable increase in the total return index, volatility index and efficiency index. Net income increased 5.6% from $6.99M to $7.38M.
C
Hold
6/29/2020Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C from C- on 6/29/2020 due to an increase in the volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C from C- on 6/29/2020 due to an increase in the volatility index.
C
Hold
5/14/2020Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C- from C on 5/14/2020 due to a noticeable decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.5 to 0.71.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C- from C on 5/14/2020 due to a noticeable decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.5 to 0.71.
C
Hold
3/6/2020Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 3/6/2020 due to a decline in the total return index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 3/6/2020 due to a decline in the total return index.
C
Hold
2/4/2020Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 2/4/2020 due to a noticeable increase in the total return index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 2/4/2020 due to a noticeable increase in the total return index and volatility index.
C
Hold
12/12/2019Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C from C- on 12/12/2019 due to a significant increase in the growth index, volatility index and total return index. Operating cash flow increased 42.07% from $13.57M to $19.28M, earnings per share increased from $0.2841 to $0.3105, and EBIT increased 3.24% from $10.33M to $10.67M.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C from C- on 12/12/2019 due to a significant increase in the growth index, volatility index and total return index. Operating cash flow increased 42.07% from $13.57M to $19.28M, earnings per share increased from $0.2841 to $0.3105, and EBIT increased 3.24% from $10.33M to $10.67M.
C
Hold
3/29/2019Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C- from D+ on 3/29/2019 due to an increase in the total return index, efficiency index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C- from D+ on 3/29/2019 due to an increase in the total return index, efficiency index and volatility index.
D
Sell
1/3/2019Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to D+ from C- on 1/3/2019 due to a decline in the total return index, volatility index and efficiency index. Net income declined 19.3% from $7.72M to $6.23M.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to D+ from C- on 1/3/2019 due to a decline in the total return index, volatility index and efficiency index. Net income declined 19.3% from $7.72M to $6.23M.
C
Hold
10/18/2018Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C- from C on 10/18/2018 due to a noticeable decline in the total return index, volatility index and growth index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C- from C on 10/18/2018 due to a noticeable decline in the total return index, volatility index and growth index.
C
Hold
7/27/2018Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 7/27/2018 due to a decline in the total return index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 7/27/2018 due to a decline in the total return index and volatility index.
C
Hold
7/12/2018Upgraded
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 7/12/2018 due to an increase in the volatility index and valuation index.
Hardwoods Distribution Inc. (HDI.TO) was upgraded to C+ from C on 7/12/2018 due to an increase in the volatility index and valuation index.
C
Hold
6/27/2018Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 6/27/2018 due to a significant decline in the growth index, volatility index and total return index. Operating cash flow declined 189.3% from $16.05M to -$14.34M.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C from C+ on 6/27/2018 due to a significant decline in the growth index, volatility index and total return index. Operating cash flow declined 189.3% from $16.05M to -$14.34M.
C
Hold
5/2/2018Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 5/2/2018 due to a decline in the volatility index and total return index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to C+ from B- on 5/2/2018 due to a decline in the volatility index and total return index.
B
Buy
4/16/2018Downgrade
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 4/16/2018 due to a large decline in the total return index and volatility index.
Hardwoods Distribution Inc. (HDI.TO) was downgraded to B- from B on 4/16/2018 due to a large decline in the total return index and volatility index.
B
Buy
5/30/2017Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to B from B- on 5/30/2017 due to a large increase in the total return index, volatility index and efficiency index. Net income increased 21.6% from $4.93M to $5.99M, and total capital increased 5.77% from $242.23M to $256.21M.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to B from B- on 5/30/2017 due to a large increase in the total return index, volatility index and efficiency index. Net income increased 21.6% from $4.93M to $5.99M, and total capital increased 5.77% from $242.23M to $256.21M.
B
Buy
4/28/2017Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B- from B on 4/28/2017 due to a substantial decline in the growth index, volatility index and solvency index. Operating cash flow declined 50.26% from $6.81M to $3.39M, EBIT declined 34.55% from $10.02M to $6.56M, and earnings per share declined from $0.2679 to $0.2263.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B- from B on 4/28/2017 due to a substantial decline in the growth index, volatility index and solvency index. Operating cash flow declined 50.26% from $6.81M to $3.39M, EBIT declined 34.55% from $10.02M to $6.56M, and earnings per share declined from $0.2679 to $0.2263.
B
Buy
1/30/2017Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from B+ on 1/30/2017 due to a noticeable decline in the total return index, solvency index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from B+ on 1/30/2017 due to a noticeable decline in the total return index, solvency index and volatility index.
B
Buy
11/21/2016Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B+ from A- on 11/21/2016 due to a major decline in the total return index, efficiency index and solvency index. Debt to equity increased from 0.21 to 0.46.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B+ from A- on 11/21/2016 due to a major decline in the total return index, efficiency index and solvency index. Debt to equity increased from 0.21 to 0.46.
A
Buy
10/31/2016Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 10/31/2016 due to a decline in the volatility index and valuation index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 10/31/2016 due to a decline in the volatility index and valuation index.
A
Buy
9/13/2016Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 9/13/2016 due to an increase in the total return index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 9/13/2016 due to an increase in the total return index and volatility index.
A
Buy
8/16/2016Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A- from B+ on 8/16/2016 due to an increase in the total return index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A- from B+ on 8/16/2016 due to an increase in the total return index and volatility index.
B
Buy
8/12/2016Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to B+ from B on 8/12/2016 due to a noticeable increase in the growth index and total return index. Operating cash flow increased 229.79% from -$4.16M to $5.39M, EBIT increased 32.06% from $6.33M to $8.37M, and earnings per share increased from $0.197 to $0.2483.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to B+ from B on 8/12/2016 due to a noticeable increase in the growth index and total return index. Operating cash flow increased 229.79% from -$4.16M to $5.39M, EBIT increased 32.06% from $6.33M to $8.37M, and earnings per share increased from $0.197 to $0.2483.
B
Buy
5/16/2016Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from B+ on 5/16/2016 due to a noticeable decline in the total return index, growth index and efficiency index. Operating cash flow declined 131.89% from $13.03M to -$4.16M, and earnings per share declined from $0.2007 to $0.197.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from B+ on 5/16/2016 due to a noticeable decline in the total return index, growth index and efficiency index. Operating cash flow declined 131.89% from $13.03M to -$4.16M, and earnings per share declined from $0.2007 to $0.197.
B
Buy
3/29/2016Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B+ from A- on 3/29/2016 due to a noticeable decline in the total return index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B+ from A- on 3/29/2016 due to a noticeable decline in the total return index and volatility index.
A
Buy
3/14/2016Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A- from B on 3/14/2016 due to an increase in the total return index, dividend index and efficiency index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A- from B on 3/14/2016 due to an increase in the total return index, dividend index and efficiency index.
B
Buy
3/11/2016Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from A on 3/11/2016 due to a significant decline in the volatility index, dividend index and growth index. EBIT declined 28.7% from $7.3M to $5.21M, earnings per share declined from $0.2675 to $0.2008, and total revenue declined 9.13% from $116.26M to $105.65M.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to B from A on 3/11/2016 due to a significant decline in the volatility index, dividend index and growth index. EBIT declined 28.7% from $7.3M to $5.21M, earnings per share declined from $0.2675 to $0.2008, and total revenue declined 9.13% from $116.26M to $105.65M.
A
Buy
1/14/2016Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 1/14/2016 due to an increase in the volatility index and valuation index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 1/14/2016 due to an increase in the volatility index and valuation index.
A
Buy
12/4/2015Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 12/4/2015 due to a noticeable decline in the total return index and valuation index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 12/4/2015 due to a noticeable decline in the total return index and valuation index.
A
Buy
11/10/2015Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 11/10/2015 due to a significant increase in the growth index, solvency index and efficiency index. Operating cash flow increased 290.7% from $1.72M to $6.7M, debt to equity declined from 0.4 to 0.35, and net income increased 11.85% from $4.07M to $4.56M.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 11/10/2015 due to a significant increase in the growth index, solvency index and efficiency index. Operating cash flow increased 290.7% from $1.72M to $6.7M, debt to equity declined from 0.4 to 0.35, and net income increased 11.85% from $4.07M to $4.56M.
A
Buy
5/15/2015Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 5/15/2015 due to a noticeable decline in the total return index, growth index and dividend index. Operating cash flow declined 175.85% from $8M to -$6.07M.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 5/15/2015 due to a noticeable decline in the total return index, growth index and dividend index. Operating cash flow declined 175.85% from $8M to -$6.07M.
A
Buy
3/12/2015Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 3/12/2015 due to an increase in the valuation index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 3/12/2015 due to an increase in the valuation index.
A
Buy
2/25/2015Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 2/25/2015 due to a decline in the valuation index and dividend index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 2/25/2015 due to a decline in the valuation index and dividend index.
A
Buy
1/21/2015Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 1/21/2015 due to a substantial increase in the total return index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A from A- on 1/21/2015 due to a substantial increase in the total return index and volatility index.
A
Buy
11/14/2014Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 11/14/2014 due to a significant decline in the growth index, volatility index and valuation index. Operating cash flow declined 19.91% from $5.67M to $4.54M, and EBIT declined 0.07% from $6.44M to $6.44M.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A- from A on 11/14/2014 due to a significant decline in the growth index, volatility index and valuation index. Operating cash flow declined 19.91% from $5.67M to $4.54M, and EBIT declined 0.07% from $6.44M to $6.44M.
A
Buy
10/30/2014Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A from A+ on 10/30/2014 due to a significant decline in the total return index, volatility index and valuation index.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A from A+ on 10/30/2014 due to a significant decline in the total return index, volatility index and valuation index.
A
Buy
6/11/2014Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A+ from A on 6/11/2014 due to a large increase in the total return index and volatility index.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A+ from A on 6/11/2014 due to a large increase in the total return index and volatility index.
A
Buy
5/27/2014Downgrade
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A from A+ on 5/27/2014 due to a large decline in the total return index, growth index and valuation index. Operating cash flow declined 145.02% from $15.6M to -$7.02M.
Hardwoods Distribution Inc. (HWD.TO) was downgraded to A from A+ on 5/27/2014 due to a large decline in the total return index, growth index and valuation index. Operating cash flow declined 145.02% from $15.6M to -$7.02M.
A
Buy
3/14/2014Upgraded
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A+ from A on 3/14/2014 due to a significant increase in the growth index, total return index and volatility index. Operating cash flow increased 383.86% from $3.22M to $15.6M.
Hardwoods Distribution Inc. (HWD.TO) was upgraded to A+ from A on 3/14/2014 due to a significant increase in the growth index, total return index and volatility index. Operating cash flow increased 383.86% from $3.22M to $15.6M.
