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TSE:RAY.A

Stingray Group (RAY.A) Stock Price, News & Analysis

Stingray Group logo
C$7.41 -0.03 (-0.40%)
(As of 01:21 PM ET)

About Stingray Group Stock (TSE:RAY.A)

Key Stats

Today's Range
C$7.41
C$7.50
50-Day Range
C$6.80
C$8.30
52-Week Range
C$5.59
C$8.54
Volume
6,148 shs
Average Volume
40,145 shs
Market Capitalization
C$393.77 million
P/E Ratio
N/A
Dividend Yield
4.05%
Price Target
C$10.50
Consensus Rating
Buy

Company Overview

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres. It also offers Stingray Naturescape and ZenLIFE by Stingray, are channels in 4K resolution; Stingray Holidayscapes, a channel that delivers all-day linear content; Ultimate Trivia by Stingray, a channel that provides a stream of questions in various categories and themes; and Stingray Karaoke, a video on demand and TV app. In addition, the company provides Stingray Business, an in-store media solution; Stingray Festival 4K, a TV channel that broadcasts in native 4K and Dolby Digital audio; Stingray Classica, a TV channel dedicated to classical music; Stingray Now 4K, a curated 4K TV channel; and Yokee Karaoke Sing Unlimited Songs, Yokee Piano, Piano Academy, The Piano Keyboard, Sing Karaoke by Stingray, Stingray Kids' Karaoke, and Yokee Music. Further, it offers music videos TV channels that include Stingray Loud, Stingray Retro, Stingray Vibe, Stingray Hits!, Stingray cmusic, PalmarèsADISQ par Stingray, Stingray Music Videos, Stingray Country, Stingray LiteTV, and Stingray Juicebox; Stingray iConcerts, a source for live concerts; and advertising services; and operates radio stations. The company distributes its products and services through various platforms, including digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, small and medium businesses, and directly to consumers. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada.

Stingray Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

RAY.A MarketRank™: 

Stingray Group scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Stingray Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Stingray Group has received no research coverage in the past 90 days.

  • Read more about Stingray Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Stingray Group is -25.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Stingray Group is -25.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Stingray Group has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Stingray Group has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

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

    Stingray Group is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Stingray Group does not have a long track record of dividend growth.

  • Read more about Stingray Group's dividend.
  • Short Interest

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

    MarketBeat has tracked 2 news articles for Stingray Group this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for RAY.A on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Stingray Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$260,008.00 in company stock.

  • Percentage Held by Insiders

    25.46% of the stock of Stingray Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 23.73% of the stock of Stingray Group is held by institutions.

  • Read more about Stingray Group's insider trading history.
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RAY.A Stock News Headlines

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RAY.A Stock Analysis - Frequently Asked Questions

Stingray Group's stock was trading at C$6.06 on January 1st, 2024. Since then, RAY.A shares have increased by 22.3% and is now trading at C$7.41.
View the best growth stocks for 2024 here
.

Shares of RAY.A 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.
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Industry, Sector and Symbol

Industry
Broadcasting
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$10.50
High Stock Price Target
C$11.00
Low Stock Price Target
C$10.00
Potential Upside/Downside
+41.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$-20,560,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$355.51 million
Cash Flow
C$0.35 per share
Book Value
C$3.72 per share

Miscellaneous

Free Float
N/A
Market Cap
C$393.77 million
Optionable
Not Optionable
Beta
1.07
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This page (TSE:RAY.A) was last updated on 12/24/2024 by MarketBeat.com Staff
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