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Cogeco Communications (TSE:CCA)
TSX:CCA
Cogeco Communications (CCA) Stock Price & Analysis
130 Followers
CCA Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$49.33 - C$64.56
Previous CloseC$55.97
Volume279.49K
Average Volume (3M)61.61K
Market Cap
C$2.36B
Enterprise ValueC$7.77B
Total Cash (Recent Filing)C$54.27M
Total Debt (Recent Filing)C$4.96B
Price to Earnings (P/E)7.1
Beta0.73
Next Earnings
Oct 30, 2024EPS Estimate
C$1.99Next Dividend Ex-Date
Jul 25, 2024Dividend Yield6.1%
Share Statistics
EPS (TTM)7.86
Shares Outstanding42,221,941
10 Day Avg. Volume49,161
30 Day Avg. Volume61,610
Standard Deviation0.07
R-Squared0.12
Alpha-0.00786
Financial Highlights & Ratios
Price to Book (P/B)-0.77
Price to Sales (P/S)0.53
Price to Cash Flow (P/CF)1.90
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$69.57Price Target Upside12.95% Upside
Rating ConsensusHold
Number of Analyst Covering8
Cogeco Communications News
PremiumCompany Announcements
Cogeco Communications Reports Growth Amid Restructuring
PremiumCompany Announcements
Cogeco Streamlines Operations Across North AmericaBulls Say, Bears Say
Bulls Say
EarningsEPS of $2.45 was ahead of both the estimate and the Street's estimate.
Financial PerformanceFree Cash Flow came in at $100.2M, down 15.1% y/y but significantly ahead of our conservative estimate of $49.8M, suggesting stronger cash generation than anticipated.
Market OpportunitiesPotential upside upon effective execution of wireless opportunities, particularly in Canada.
Bears Say
Revenue PerformanceConsolidated revenue of $730.5M was slightly below estimates and the Street's expectations.
Subscriber NumbersCanadian broadband subs were disappointing, coming in at 5.9K, well below the estimate of 12K.
US Market ChallengesUS broadband net losses came in at -7.9K, nearly double the estimate of -3.1K.
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Options Prices
Currently, No data available
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Ownership Overview
0.77% Insiders
6.88% Mutual Funds
4.01% Other Institutional Investors
88.33% Public Companies and
Individual Investors
CCA FAQ
What was Cogeco Communications’s price range in the past 12 months?
Cogeco Communications lowest stock price was C$49.33 and its highest was C$64.56 in the past 12 months.
What is Cogeco Communications’s market cap?
Currently, no data Available
When is Cogeco Communications’s upcoming earnings report date?
Cogeco Communications’s upcoming earnings report date is Oct 30, 2024 which is in 104 days.
How were Cogeco Communications’s earnings last quarter?
Cogeco Communications released its earnings results on Jul 11, 2024. The company reported C$2.45 earnings per share for the quarter, beating the consensus estimate of C$1.922 by C$0.528.
Is Cogeco Communications overvalued?
According to Wall Street analysts Cogeco Communications’s price is currently Undervalued.
Does Cogeco Communications pay dividends?
Cogeco Communications pays a Quarterly dividend of C$0.85 which represents an annual dividend yield of 6.1%. See more information on Cogeco Communications dividends here
What is Cogeco Communications’s EPS estimate?
Cogeco Communications’s EPS estimate is C$1.99.
How many shares outstanding does Cogeco Communications have?
Cogeco Communications has 30,221,070 shares outstanding.
What happened to Cogeco Communications’s price movement after its last earnings report?
Cogeco Communications reported an EPS of C$2.45 in its last earnings report, beating expectations of C$1.922. Following the earnings report the stock price went up 4.051%.
Which hedge fund is a major shareholder of Cogeco Communications?
Currently, no hedge funds are holding shares in TSE:CCA
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Cogeco Communications Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$69.57 (12.95% Upside)
C$69.57 (12.95% Upside)
Blogger Sentiment
Bullish
TSE:CCA Sentiment 100%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.78%
12-Months-Change
Fundamentals
Return on Equity
11.65%
Trailing 12-Months
Asset Growth
-0.27%
Trailing 12-Months
Company Description
Cogeco Communications
Cogeco Communications, Inc. is a communications company, which provides Internet, video and telephony services to residential and business customers. It operates through the Canadian Broadband Services and American Broadband Services segments. The Canadian Broadband Services segment activities are carried out by Cogeco Connexion in the provinces of Québec and Ontario. The American Broadband Services segment activities are carried out by Atlantic Broadband in 11 states, which are Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Virginia, and West Virginia. The company was founded by Henri Audet in 1972 and is headquartered in Montréal, Canada.
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CCA Company Deck
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CCA Earnings Call
Q3 2024
0:00 / 0:00
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CCA Stock 12 Month Forecast
Average Price Target
C$69.57
▲(12.95% Upside)
Technical Analysis
Cogeco Communications
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Rogers Communication
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Telephone & Data Systems
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Shenandoah Telecommunications Co
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Charter Communications
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Best Analysts Covering CCA
1 Year
1 Year Success Rate
13/23 ratings generated profit
1 Year Average Return
+4.31%
reiterated a buy rating 3 days ago
Copying Vince Valentini's trades and holding each position for 1 Year would result in 56.52% of your transactions generating a profit, with an average return of +4.31% per trade.
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