Rogers Communications (NYSE:RCI - Get Free Report) TSE: RCI.B will likely be announcing its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $3.87 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Rogers Communications Stock Up 0.1 %
Rogers Communications stock traded up $0.03 during midday trading on Tuesday, reaching $29.10. The stock had a trading volume of 1,277,901 shares, compared to its average volume of 1,013,241. Rogers Communications has a 1-year low of $27.63 and a 1-year high of $48.08. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.64 and a current ratio of 0.68. The firm's fifty day simple moving average is $31.91 and its 200-day simple moving average is $36.36. The stock has a market capitalization of $15.55 billion, a P/E ratio of 14.19, a price-to-earnings-growth ratio of 1.04 and a beta of 0.69.
Analysts Set New Price Targets
RCI has been the topic of a number of research reports. Bank of America lowered shares of Rogers Communications from a "buy" rating to a "neutral" rating in a research report on Tuesday, January 14th. Barclays reissued an "equal weight" rating on shares of Rogers Communications in a research report on Tuesday, January 21st. Finally, Morgan Stanley initiated coverage on Rogers Communications in a research report on Monday, December 16th. They issued an "underweight" rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $61.75.
Read Our Latest Stock Analysis on RCI
About Rogers Communications
(
Get Free Report)
Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.
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