TSE:CGOCogeco Stock Price, Forecast & News

C$85.89

-0.39 (-0.45 %)

(As of 06/1/2020 11:07 AM ET)

Add

Compare

Today's Range

C$85.89

Now: C$85.89▼

C$86.69

50-Day Range

C$81.32

MA: C$84.34▼

C$90.01

52-Week Range

C$70.95

Now: C$85.89▼

C$107.88

Volume815 shs

Average Volume35,156 shs

Market CapitalizationC$1.38 billion

P/E Ratio8.80

Dividend Yield2.20%

BetaN/A

Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services. As of August 31, 2018, the company provided its services through 16 data centers. It also owns and operates 13 radio stations; and Cogeco News, a news agency. The company provides its services under the Cogeco Connexion name in Quebec and Ontario; and Atlantic Broadband name in the United States. It serves residential and business customers. The company was founded in 1957 and is headquartered in Montreal, Canada.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Cogeco has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$115.00, Cogeco has a potential upside of 33.9% from its current price of C$85.89.
Amount of Analyst Coverage
Cogeco has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Cogeco has received 207 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cogeco has received 200 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cogeco has received 50.86% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cogeco and other stocks. Vote “Outperform” if you believe CGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CGO will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Cogeco is a leading dividend payer. It pays a dividend yield of 2.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cogeco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cogeco is 18.55 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

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

0.6 Earnings and Valuation

Earnings Growth
Earnings for Cogeco are expected to decrease by -100.00% in the coming year, from C$7.60 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cogeco is 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cogeco is 8.80, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 5.46.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Cogeco, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Cogeco has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Telecom Services

Sub-IndustryN/A

SectorCommunication Services

Current SymbolTSE:CGO

Previous Symbol

CUSIPN/A

CIKN/A

Webcorpo.cogeco.com

Phone+1-514-7644700

Debt

Debt-to-Equity Ratio131.20

Current Ratio1.21

Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio8.80

Forward P/E Ratio11.30

P/E Growth-0.53

Sales & Book Value

Annual SalesC$2.46 billion

Price / Sales0.56

Cash FlowC$31.49 per share

Price / Cash Flow2.73

Book ValueC$47.77 per share

Price / Book1.80

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees5,199

Outstanding Shares16,036,000

Market CapC$1.38 billion

Next Earnings Date7/8/2020 (Estimated)

OptionableNot Optionable

Receive CGO News and Ratings via Email

Sign-up to receive the latest news and ratings for CGO and its competitors with MarketBeat's FREE daily newsletter.

Cogeco (TSE:CGO) Frequently Asked Questions

How has Cogeco's stock been impacted by COVID-19 (Coronavirus)?

Cogeco's stock was trading at C$87.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CGO shares have decreased by 2.0% and is now trading at C$85.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cogeco?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogeco in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cogeco.

When is Cogeco's next earnings date?

Cogeco is scheduled to release its next quarterly earnings announcement on Wednesday, July 8th 2020. View our earnings forecast for Cogeco.

How were Cogeco's earnings last quarter?

Cogeco Inc. (TSE:CGO) released its earnings results on Tuesday, April, 7th. The company reported $2.18 earnings per share (EPS) for the quarter. The company had revenue of $610.80 million for the quarter. View Cogeco's earnings history.

How often does Cogeco pay dividends? What is the dividend yield for Cogeco?

Cogeco announced a quarterly dividend on Wednesday, April 8th. Investors of record on Tuesday, April 21st will be paid a dividend of 0.475 per share on Tuesday, May 5th. This represents a $1.90 annualized dividend and a yield of 2.21%. The ex-dividend date is Monday, April 20th. This is a positive change from Cogeco's previous quarterly dividend of C$0.34. View Cogeco's dividend history.

What price target have analysts set for CGO?

1 equities research analysts have issued twelve-month price targets for Cogeco's stock. Their forecasts range from C$100.00 to C$130.00. On average, they expect Cogeco's share price to reach C$115.00 in the next year. This suggests a possible upside of 33.9% from the stock's current price. View analysts' price targets for Cogeco.

Has Cogeco been receiving favorable news coverage?

Media headlines about CGO stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cogeco earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutCogeco.

Who are some of Cogeco's key competitors?

Some companies that are related to Cogeco include Quebecor (QBR.B), Cogeco Communications (CCA), 1&1 Drillisch (DRI), Inmarsat (ISAT), Quebecor (QBR.A), Hutchison (HTA), Airtel Africa (HTWS), Spirent Communications (SPT), Airtel Africa (AAF), Talktalk Telecom Group (TALK), KCOM Group (KCOM), Macquarie Telecom Group (MAQ), Globalstar (GSAT), Globalstar (GSAT) and Opticomm (OPC). View all competitors.

What other stocks do shareholders of Cogeco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cogeco investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Toronto-Dominion Bank (TD).

Who are Cogeco's key executives?

Cogeco's management team includes the following people:

Mr. Louis V. Audet M.B.A., Eng., MBA, C.M., Exec. Chairman (Age 68)
Mr. Patrice Ouimet B.Com., CPA, CA, Sr. VP & CFO
Mr. Christian Jolivet L.L.B., L.L.M., LLB, LLM, Sr. VP of Corp. Affairs, Chief Legal Officer & Sec.
Mr. Richard J. Shea Eng., MBA, CEO & Pres of Atlantic Broadband Inc (Age 57)
Mr. Kenneth Edward Smithard, Pres of Cogeco Connexion

What is Cogeco's stock symbol?

Cogeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CGO."

How do I buy shares of Cogeco?

Shares of CGO and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Cogeco's stock price today?

One share of CGO stock can currently be purchased for approximately C$85.89.

How big of a company is Cogeco?

Cogeco has a market capitalization of C$1.38 billion and generates C$2.46 billion in revenue each year. Cogeco employs 5,199 workers across the globe.

What is Cogeco's official website?

The official website for Cogeco is corpo.cogeco.com.

How can I contact Cogeco?

Cogeco's mailing address is 1700-5 Ville-Marie Pl, MONTREAL, QC H3B 0B3, Canada. The company can be reached via phone at +1-514-7644700.

This page was last updated on 6/1/2020 by MarketBeat.com Staff