11:34 AM EST, 11/11/2025 (MT Newswires) -- Stifel Canada says Adentra ( HDIUF ) stock offers "attractive value" after the company delivered a third-quarter consensus EBITDA beat of 9.2%, implying fourth-quarter EBITDA guidance of $40 million, matching consensus.

Organic growth improved to 1.7% in the third-quarter from nil in the second-quarter, largely due to higher product pricing (perhaps from tariffs).

"ADEN is doing an excellent job managing a challenging market. The company is broadly tied to the U.S. housing market and R&R activity, which continues to be weak due to a lack of affordability from perceived elevated borrowing costs and product cost inflation," writes analyst Ian Gillies. These issues are further complicated by a challenging geopolitical environment that is weighing on consumer sentiment, he adds.

Gillies believes the stock is attractive given it is trading at 2026E P/E and FCF yield metrics of 9.2x and 8.8%, and it will be a primary beneficiary of any uptick in U.S. housing activity.

Adentra ( HDIUF ) is rated Buy, with a $45 price target.

Price: 34.11, Change: -0.48, Percent Change: -1.39