Cogeco (CGECF) Stock Price, News & Analysis

Company Overview

Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States. The company also provides advanced network connectivity services, such as dedicated fibre, session initiation protocol, primary rate interface, trunking solutions, and hosted private branch exchange solutions, as well as managed business Wi-Fi. In addition, it owns and operates 21 radio stations with complementary radio formats and coverage serving a range of audiences primarily across the province of Québec; and Cogeco News, a news agency. It serves primary service units, including Internet, video, and telephony service customers. The company was incorporated in 1957 and is headquartered in Montreal, Canada. Cogeco Inc. operates as a subsidiary of Gestion Audem Inc.

Key Stats

• Today's Range: $42.50 to $42.50
• 50-Day Range: $39.50 to $42.50
• 52-Week Range: $33.35 to $45.88
• Volume: N/A
• Average Volume: 1,209 shs
• Market Capitalization: N/A
• P/E Ratio: 10.02
• Dividend Yield: 2.15%
• Price Target: N/A
• Consensus Rating: N/A

Cogeco Stock Analysis - MarketRank™

Cogeco scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cogeco.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cogeco is 10.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cogeco is 10.02, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 319.02.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Cogeco has a short interest ratio ("days to cover") of 488.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco has recently increased by 2.20%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Cogeco pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cogeco does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cogeco is 21.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Cogeco has a short interest ratio ("days to cover") of 488.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco has recently increased by 2.20%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.41

News Sentiment

Cogeco has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.32 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Cogeco this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cogeco insiders have not sold or bought any company stock.

Percentage Held by Institutions

71.37% of the stock of Cogeco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CGECF Stock Analysis - Frequently Asked Questions

How have CGECF shares performed this year?

Cogeco's stock was trading at $43.25 on January 1st, 2024. Since then, CGECF stock has decreased by 1.7% and is now trading at $42.50.
View the best growth stocks for 2024 here.

How were Cogeco's earnings last quarter?

Cogeco Inc. (OTCMKTS:CGECF) announced its quarterly earnings results on Monday, January, 13th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.20.

How do I buy shares of Cogeco?

Shares of CGECF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 1/13/2014
• Today: 11/04/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Communication Services
• Industry: Telecom Services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CGECF
• CUSIP: N/A
• CIK: N/A
• Web: corpo.cogeco.com
• Phone: (514) 764-4600
• Fax: N/A
• Employees: 4,400
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 10.02
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A