The closing price of Rogers Communications Inc. (NYSE: RCI) was $42.07 for the day, down -2.00% from the previous closing price of $42.93. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 621290 shares were traded.
Ratios:
Our analysis of RCI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 4.33 whereas as Long-Term Debt/Eq ratio is at 4.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCI now has a Market Capitalization of 22.39B and an Enterprise Value of 55.09B. As of this moment, Rogers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.65, and their Forward P/E ratio for the next fiscal year is 10.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 2.85 whereas that against EBITDA is 7.24.
Stock Price History:
Over the past 52 weeks, RCI has reached a high of $50.00, while it has fallen to a 52-week low of $36.55. The 50-Day Moving Average of the stock is 45.48, while the 200-Day Moving Average is calculated to be 43.10.
Shares Statistics:
RCI traded an average of 429.95K shares per day over the past three months and 621.68k shares per day over the past ten days. A total of 418.87M shares are outstanding, with a floating share count of 375.60M. Insiders hold about 29.14% of the company’s shares, while institutions hold 50.57% stake in the company. Shares short for RCI as of Feb 29, 2024 were 6.31M with a Short Ratio of 14.67, compared to 3.52M on Jan 31, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 2.00, RCI has a forward annual dividend rate of 1.48. Against a Trailing Annual Dividend Yield of 4.66%, it implies a Forward Annual Dividend Yield of 3.53%. The stock’s 5-year Average Dividend Yield is 3.28. The current Payout Ratio is 123.21% for RCI, which recently paid a dividend on Apr 03, 2024 with an ex-dividend date of Mar 08, 2024. Stock splits for the company last occurred on Jan 08, 2007 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.79 for the current quarter, with a high estimate of $0.91 and a low estimate of $0.63, while EPS last year was $0.8. The consensus estimate for the next quarter is $0.85, with high estimates of $0.99 and low estimates of $0.66.
Analysts are recommending an EPS of between $4.18 and $2.9 for the fiscal current year, implying an average EPS of $3.59. EPS for the following year is $4, with 13 analysts recommending between $4.6 and $3.36.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $3.7B to a low estimate of $3.65B. As of the current estimate, Rogers Communications Inc.’s year-ago sales were $2.83B, an estimated increase of 29.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $3.8B, an increase of 2.20% less than the figure of $29.90% in the same quarter last year. There is a high estimate of $3.81B for the next quarter, whereas the lowest estimate is $3.79B.
A total of 15 analysts have provided revenue estimates for RCI’s current fiscal year. The highest revenue estimate was $15.67B, while the lowest revenue estimate was $13.53B, resulting in an average revenue estimate of $15.2B. In the same quarter a year ago, actual revenue was $14.22B, up 6.90% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $15.75B in the next fiscal year. The high estimate is $16.14B and the low estimate is $15.38B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
