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TSE:CCA

Cogeco Communications (CCA) Stock Price, News & Analysis

Cogeco Communications logo
C$66.14 -0.37 (-0.56%)
(As of 01:00 PM ET)

About Cogeco Communications Stock (TSE:CCA)

Key Stats

Today's Range
C$65.86
C$66.67
50-Day Range
C$65.44
C$74.65
52-Week Range
C$50.82
C$75.09
Volume
14,899 shs
Average Volume
74,020 shs
Market Capitalization
C$1.98 billion
P/E Ratio
8.44
Dividend Yield
5.17%
Price Target
C$77.06
Consensus Rating
Moderate Buy

Company Overview

Cogeco Communications Inc. operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks. It also provides Internet packages comprising best-in-class managed Wi-Fi and with home Wi-Fi solutions; voice services; and other advanced network connectivity services, such as dedicated fibre, session initiation protocol (SIP) or primary rate interface (PRI) trunking solutions, hosted private branch exchange (HPBX) solutions, and managed business Wi-Fi (MBW) through its long-distance fibre optic systems, advanced hybrid fibre-coaxial (HFC) telecommunications distribution networks, point-to-point fibre networks, and fibre-to-the-home (FTTH) network technologies. In addition, the company offers e-mail solutions and Internet security suite to Internet customers with automatic updates to protect their desktop and mobile devices; and self-installation devices on a rental basis. Further, it provides cable operator services under the Cogeco Connexion name in Québec and Ontario, Canada; and in the United States under the Breezeline brand. The company was formerly known as Cogeco Cable Inc. and changed its name to Cogeco Communications Inc. in January 2016. Cogeco Communications Inc. was founded in 1957 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.

Cogeco Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
66th Percentile Overall Score

CCA MarketRank™: 

Cogeco Communications scored higher than 66% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cogeco Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cogeco Communications has only been the subject of 1 research reports in the past 90 days.

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

    The P/E ratio of Cogeco Communications is 8.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cogeco Communications is 8.48, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 300.44.

  • Price to Earnings Growth Ratio

    Cogeco Communications has a PEG Ratio of 4.77. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cogeco Communications has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

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

    Cogeco Communications is a leading dividend payer. It pays a dividend yield of 5.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Cogeco Communications is 43.62%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Cogeco Communications' dividend.
  • Short Interest

    There is no current short interest data available for CCA.
  • News Sentiment

    Cogeco Communications has a news sentiment score of 0.89. 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 0.45 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Cogeco Communications this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for CCA on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Cogeco Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cogeco Communications insiders have bought 231.98% more of their company's stock than they have sold. Specifically, they have bought C$150,189.00 in company stock and sold C$45,241.00 in company stock.

  • Percentage Held by Insiders

    Only 0.46% of the stock of Cogeco Communications is held by insiders.

  • Percentage Held by Institutions

    43.42% of the stock of Cogeco Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cogeco Communications' insider trading history.
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CCA Stock News Headlines

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National Bank Financial Estimates TSE:CCA Q1 Earnings
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CCA Stock Analysis - Frequently Asked Questions

Cogeco Communications' stock was trading at C$59.35 at the start of the year. Since then, CCA stock has increased by 12.1% and is now trading at C$66.51.
View the best growth stocks for 2024 here
.

Shares of CCA 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 Cogeco Communications investors own include Constellation Software (CSU), Intact Financial (IFC), AutoCanada (ACQ), AbbVie (ABBV), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD) and Enbridge (ENB).

Company Calendar

Ex-Dividend for 11/28 Dividend
11/14/2024
Dividend Payable
11/28/2024
Today
12/24/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
Financial Services
CIK
N/A
Fax
N/A
Employees
4,070
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$77.06
High Stock Price Target
C$89.00
Low Stock Price Target
C$65.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
C$340.08 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.97 billion
Cash Flow
C$7.19 per share
Book Value
C$70.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.00 billion
Optionable
Not Optionable
Beta
0.59
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This page (TSE:CCA) was last updated on 12/24/2024 by MarketBeat.com Staff
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