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TSE:ET

Evertz Technologies (ET) Stock Price, News & Analysis

Evertz Technologies logo
C$12.15 +0.08 (+0.66%)
(As of 01:18 PM ET)

About Evertz Technologies Stock (TSE:ET)

Key Stats

Today's Range
C$12.03
C$12.18
50-Day Range
C$11.55
C$12.36
52-Week Range
C$11.39
C$15.45
Volume
5,946 shs
Average Volume
28,648 shs
Market Capitalization
C$924.74 million
P/E Ratio
14.46
Dividend Yield
6.42%
Price Target
C$15.50
Consensus Rating
Buy

Company Overview

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions. It also provides video encoders, decoders, and multiplexing products comprising encoders/transcoders, decoders, multiplexers, monitoring and auto-changeover products, and enterprise products; fiber transport products; and audio consoles and processing products, such as mixing consoles, routing and I/O products, summing and processing products, and IP audio gateways. In addition, the company offers asset management and playout products, consisting of asset management, ingest, playout and branding, and transcoding/conforming products; live media production products; routers; flexible media processing products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides USB media recording products; multiviewers comprising IP and SDI multiviewers, MVP, and accessories; RF products; timing and synchronization products; and infrastructure and conversion products. The company serves content creators, broadcasters, specialty channels, and television service providers. Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

Evertz Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

ET MarketRank™: 

Evertz Technologies scored higher than 78% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Evertz Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Evertz Technologies has received no research coverage in the past 90 days.

  • Read more about Evertz Technologies' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Evertz Technologies is 14.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Evertz Technologies is 14.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 229.36.

  • Price to Earnings Growth Ratio

    Evertz Technologies has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Evertz Technologies has a P/B Ratio of 3.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Evertz Technologies' valuation and earnings.
  • Short Interest

    There is no current short interest data available for ET.
  • Dividend Leadership

    Evertz Technologies is a leading dividend payer. It pays a dividend yield of 6.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Evertz Technologies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Evertz Technologies is 92.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Evertz Technologies' dividend.
  • Short Interest

    There is no current short interest data available for ET.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Evertz Technologies this week, compared to 1 article on an average week.
  • Search Interest

    215 people have searched for ET on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Evertz Technologies insiders have sold 106.09% more of their company's stock than they have bought. Specifically, they have bought C$32,992.00 in company stock and sold C$67,992.00 in company stock.

  • Percentage Held by Insiders

    64.40% of the stock of Evertz Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 7.02% of the stock of Evertz Technologies is held by institutions.

  • Read more about Evertz Technologies' insider trading history.
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ET Stock News Headlines

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Evertz Technologies Limited (ET)
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ET Stock Analysis - Frequently Asked Questions

Evertz Technologies' stock was trading at C$13.93 at the beginning of 2024. Since then, ET shares have decreased by 12.8% and is now trading at C$12.15.
View the best growth stocks for 2024 here
.

Evertz Technologies Limited (TSE:ET) announced its earnings results on Wednesday, September, 11th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.06. The firm had revenue of $111.64 million for the quarter. Evertz Technologies had a trailing twelve-month return on equity of 25.28% and a net margin of 12.84%.

Shares of ET stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Evertz Technologies investors own include NVIDIA (NVDA), Enbridge (ENB), Shopify (SHOP), Bank of Nova Scotia (BNS), Enterprise Products Partners (EPD), TELUS (T) and Toronto-Dominion Bank (TD).

Company Calendar

Last Earnings
9/11/2024
Ex-Dividend for 9/25 Dividend
9/17/2024
Dividend Payable
9/25/2024
Today
11/21/2024
Next Earnings (Estimated)
12/04/2024

Industry, Sector and Symbol

Industry
Communication Equipment
Sub-Industry
Utilities
CIK
N/A
Fax
N/A
Employees
12,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.50
High Stock Price Target
C$16.00
Low Stock Price Target
C$15.00
Potential Upside/Downside
+27.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$64.25 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$500.44 million
Cash Flow
C$0.46 per share
Book Value
C$3.44 per share

Miscellaneous

Free Float
N/A
Market Cap
C$924.74 million
Optionable
Not Optionable
Beta
0.86
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This page (TSE:ET) was last updated on 11/21/2024 by MarketBeat.com Staff
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