K-Bro Linen Inc. Acquires 2,070 Shares of K-Bro Linen (TSE:KBL) Stock

Posted by on Jun 4th, 2026

K-Bro Linen Inc. (TSE:KBL – Get Free Report) insider K-Bro Linen Inc. purchased 2,070 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was purchased at an average cost of C$41.20 per share, for a total transaction of C$85,284.00. Following the completion of the acquisition, the insider directly owned 340,651 shares of the company’s stock, valued at approximately C$14,034,821.20. The trade was a 0.61% increase in their position.

K-Bro Linen Inc. also recently made the following trade(s):

  • On Tuesday, May 26th, K-Bro Linen Inc. purchased 4,541 shares of K-Bro Linen stock. The shares were acquired at an average cost of C$41.83 per share, for a total transaction of C$189,950.03.
  • On Wednesday, May 27th, K-Bro Linen Inc. acquired 5,341 shares of K-Bro Linen stock. The shares were acquired at an average price of C$41.25 per share, with a total value of C$220,316.25.
  • On Friday, May 29th, K-Bro Linen Inc. acquired 2,670 shares of K-Bro Linen stock. The stock was acquired at an average cost of C$41.33 per share, with a total value of C$110,351.10.

K-Bro Linen Stock Down 1.9%

Shares of KBL stock opened at C$40.85 on Thursday. The stock’s fifty day moving average price is C$38.24 and its 200 day moving average price is C$36.21. K-Bro Linen Inc. has a 1-year low of C$33.30 and a 1-year high of C$42.69. The company has a market cap of C$527.05 million, a price-to-earnings ratio of 25.37, a price-to-earnings-growth ratio of 3.50 and a beta of 0.89. The company has a debt-to-equity ratio of 116.44, a current ratio of 1.87 and a quick ratio of 0.87.

K-Bro Linen (TSE:KBL – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported C$0.36 EPS for the quarter. The company had revenue of C$139.11 million during the quarter. K-Bro Linen had a return on equity of 7.12% and a net margin of 3.51%. On average, research analysts expect that K-Bro Linen Inc. will post 2.3389262 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on KBL. National Bank Financial set a C$51.00 price objective on shares of K-Bro Linen and gave the company an “outperform” rating in a research report on Friday, April 10th. TD lifted their price objective on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$50.75.

Get Our Latest Stock Report on KBL

K-Bro Linen Company Profile

(Get Free Report)

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.

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