Rogers Sugar Inc. (TSE:RSI - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.52 and traded as high as C$5.60. Rogers Sugar shares last traded at C$5.55, with a volume of 99,745 shares traded.
Wall Street Analysts Forecast Growth
RSI has been the topic of a number of analyst reports. Desjardins raised Rogers Sugar from a "hold" rating to a "moderate buy" rating in a research note on Friday, May 10th. TD Securities increased their price target on shares of Rogers Sugar from C$6.50 to C$7.00 in a research report on Friday, May 10th. National Bankshares boosted their price objective on shares of Rogers Sugar from C$6.00 to C$6.25 and gave the company a "sector perform" rating in a research report on Monday, May 13th. BMO Capital Markets upped their price objective on shares of Rogers Sugar from C$6.00 to C$7.00 and gave the company a "market perform" rating in a research note on Monday, May 13th. Finally, Scotiabank raised their target price on Rogers Sugar from C$6.00 to C$6.50 and gave the stock a "sector perform" rating in a research note on Monday, May 13th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, Rogers Sugar currently has an average rating of "Hold" and a consensus target price of C$6.60.
Get Our Latest Stock Report on Rogers Sugar
Rogers Sugar Price Performance
The company's fifty day simple moving average is C$5.61 and its 200 day simple moving average is C$5.52. The company has a current ratio of 1.66, a quick ratio of 0.56 and a debt-to-equity ratio of 100.31. The firm has a market capitalization of C$709.96 million, a P/E ratio of 15.00 and a beta of 0.60.
Rogers Sugar (TSE:RSI - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.09 by C$0.04. Rogers Sugar had a net margin of 3.90% and a return on equity of 13.23%. The company had revenue of C$309.09 million during the quarter, compared to the consensus estimate of C$296.10 million. Research analysts expect that Rogers Sugar Inc. will post 0.5598802 EPS for the current year.
Rogers Sugar Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Friday, September 27th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date is Friday, September 27th. Rogers Sugar's payout ratio is presently 97.30%.
About Rogers Sugar
(
Get Free Report)
Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.
Recommended Stories
Before you consider Rogers Sugar, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rogers Sugar wasn't on the list.
While Rogers Sugar currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
