Quebecor Inc. (OTCMKTS:QBCRF) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Quebecor has an average analyst rating of “Moderate Buy” from seven firms, with four recommending buy and three advising investors to hold.
• The company’s shares opened at $46.80, with a market capitalization of $10.47 billion and a 12-month trading range of $29.18 to $49.05.
• Quebecor slightly missed quarterly EPS expectations, reporting $0.77 versus the $0.78 consensus, while revenue of $1.01 billion exceeded estimates of $997.78 million.

Shares of Quebecor Inc. (OTCMKTS:QBCRF - Get Free Report) have earned an average rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company.

QBCRF has been the subject of a number of research analyst reports. TD Securities restated a "buy" rating on shares of Quebecor in a research report on Friday, August 7th. Raymond James Financial began coverage on shares of Quebecor in a research report on Wednesday, July 15th. They issued a "market perform" rating on the stock. Scotiabank reissued a "sector perform" rating on shares of Quebecor in a report on Friday, August 7th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Quebecor in a research report on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Quebecor in a research note on Friday, July 10th.

Quebecor Stock Performance

Shares of QBCRF stock opened at $46.80 on Wednesday. The company has a market capitalization of $10.47 billion and a P/E ratio of 32.05. The business's 50 day moving average is $47.68 and its two-hundred day moving average is $44.21. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.39. Quebecor has a 12-month low of $29.18 and a 12-month high of $49.05.

Quebecor (OTCMKTS:QBCRF - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Quebecor had a net margin of 16.30% and a return on equity of 34.04%. The business had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $997.78 million.

About Quebecor

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.

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