Evertz Technologies (ET) Stock Price, News & Analysis

Company Overview

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions. It also provides video encoders, decoders, and multiplexing products comprising encoders/transcoders, decoders, multiplexers, monitoring and auto-changeover products, and enterprise products; fiber transport products; and audio consoles and processing products, such as mixing consoles, routing and I/O products, summing and processing products, and IP audio gateways. In addition, the company offers asset management and playout products, consisting of asset management, ingest, playout and branding, and transcoding/conforming products; live media production products; routers; flexible media processing products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides USB media recording products; multiviewers comprising IP and SDI multiviewers, MVP, and accessories; RF products; timing and synchronization products; and infrastructure and conversion products. The company serves content creators, broadcasters, specialty channels, and television service providers. Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

Key Stats

• Today's Range: C$12.12 to C$12.41
• 50-Day Range: C$10.71 to C$12.50
• 52-Week Range: C$9.45 to C$14.00
• Volume: 12,017 shs
• Average Volume: 26,237 shs
• Market Capitalization: C$929.86 million
• P/E Ratio: 16.07
• Dividend Yield: 6.43%
• Price Target: C$14.33
• Consensus Rating: Buy

Evertz Technologies Stock Analysis - MarketRank™

Evertz Technologies scored higher than 69% 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Evertz Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Evertz Technologies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Evertz Technologies is 16.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Evertz Technologies is 16.07, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.89.

Price to Earnings Growth Ratio

Evertz Technologies has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Evertz Technologies has a P/B Ratio of 3.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ET.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Evertz Technologies is a leading dividend payer. It pays a dividend yield of 6.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Evertz Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Evertz Technologies is 103.22%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for ET.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

Evertz Technologies has a news sentiment score of 1.00. 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 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Evertz Technologies this week, compared to 1 article on an average week.

Search Interest

Only 192 people have searched for ET on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

MarketBeat Follows

1 people have added Evertz Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

64.40% of the stock of Evertz Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 7.02% of the stock of Evertz Technologies is held by institutions.

ET Stock Analysis - Frequently Asked Questions

How have ET shares performed this year?

Evertz Technologies' stock was trading at C$12.60 at the beginning of the year. Since then, ET stock has decreased by 3.7% and is now trading at C$12.14.

How do I buy shares of Evertz Technologies?

Shares of ET 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.

What other stocks do shareholders of Evertz Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Evertz Technologies investors own include NVIDIA (NVDA), Enbridge (ENB), Shopify (SHOP), Bank of Nova Scotia (BNS), Enterprise Products Partners (EPD), TELUS (T) and Toronto-Dominion Bank (TD).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Communication Equipment
• Sub-Industry: Utilities
• Current Symbol: TSE:ET
• CIK: N/A
• Web: www.evertz.com
• Phone: +1-905-3353700
• Fax: N/A
• Employees: 12,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$14.33
• High Stock Price Target: C$15.50
• Low Stock Price Target: C$13.50
• Potential Upside/Downside: +16.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.76
• Trailing P/E Ratio: 16.22
• Forward P/E Ratio: 15.30
• P/E Growth: 0.79
• Net Income: C$58.38 million
• Net Margins: 11.71%
• Pretax Margin: N/A
• Return on Equity: 22.13%
• Return on Assets: 11.83%

Debt

• Debt-to-Equity Ratio: 8.09
• Current Ratio: 2.18
• Quick Ratio: 0.68

Sales & Book Value

• Annual Sales: C$498.53 million
• Price / Sales: 1.88
• Cash Flow: C$0.46 per share
• Price / Cash Flow: 26.44
• Book Value: C$3.49 per share
• Price / Book: 3.51

Miscellaneous

• Outstanding Shares: 76,594,537
• Free Float: N/A
• Market Cap: C$939.05 million
• Optionable: Not Optionable
• Beta: 0.86