S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
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All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Stingray Group Stock Price, News & Analysis (TSE:RAY.A)

C$5.45
0.00 (0.00%)
(As of 12/1/2023 ET)
Compare
Today's Range
C$5.38
▼
C$5.48
50-Day Range
C$4.31
▼
C$5.45
52-Week Range
C$4.15
▼
C$6.14
Volume
36,386 shs
Average Volume
25,612 shs
Market Capitalization
C$276.59 million
P/E Ratio
9.24
Dividend Yield
5.50%
Price Target
C$8.08
Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades

Stingray Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.3% Upside
C$8.08 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

See Top Rated MarketRank™ Stocks Here

RAY.A stock logo

About Stingray Group Stock (TSE:RAY.A)

Stingray Group Inc. provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers. Its TV channels also include Stingray Festival 4K that broadcasts concerts, theatre productions, circuses, DJ sets, ballets and operas, and others in 4K and dolby digital audio; Stingray Classica, which offers classical music, operas, ballets, concerts, and documentaries; Stingray Juicebox, a music video TV channel; Stingray Loud, a music video channel that broadcasts rock, hard rock, metal, punk, and other music; Stingray Retro, a music video TV; Stingray Now 4K, a TV channel that offers 4K videos; Stingray Hits!, a music video TV channel; Stingray Qello, which broadcasts performances, concert films, and music documentaries; and NatureVision TV, a 24/7 channel that is available online and on television. In addition, the company offers Yokee, which transforms mobile phones and tablets into wireless karaoke machines. It distributes its content through various platforms, including digital and satellite TV, IPTV, Internet, mobile devices, Wi-Fi systems, game consoles, and connected cars. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was incorporated in 2006 and is headquartered in Montreal, Canada.

RAY.A Stock Price History

RAY.A Stock News Headlines

November 24, 2023 | finance.yahoo.com
Stingray Group (TSE:RAY.A) Could Be A Buy For Its Upcoming Dividend
November 12, 2023 | msn.com
The 1 Canadian Stock Every Millennial Should Own
December 3, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
November 4, 2023 | theglobeandmail.com
Closing Bell: Stingray Digital Group Inc Sv up on Friday (RAY-A)
October 29, 2023 | finance.yahoo.com
Why Stingray Group Inc. (TSE:RAY.A) Could Be Worth Watching
October 22, 2023 | msn.com
Our Highway Patrol C8 Chevrolet Corvette Render Can Catch Even The Most Wanted Supercars
October 18, 2023 | msn.com
2 Top Media and Entertainment Stocks to Buy on the TSX Today
October 12, 2023 | financialpost.com
Stingray to Release its Financial Results for the Second Quarter of Fiscal 2024
December 3, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
September 22, 2023 | seekingalpha.com
Stingray Group renews its normal course issuer bid
September 12, 2023 | finance.yahoo.com
Insiders own 27% of Stingray Group Inc. (TSE:RAY.A) shares but individual investors control 29% of the company
September 5, 2023 | msn.com
Woman survives stingray barb that misses lung by 1 inch
August 28, 2023 | uk.news.yahoo.com
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
August 23, 2023 | theglobeandmail.com
Closing Bell: Stingray Digital Group Inc Sv flat on Tuesday (RAY-A)
August 20, 2023 | uk.finance.yahoo.com
Insider Spends CA$530k Buying More Shares In Stingray Group
August 10, 2023 | msn.com
Stingray Group Non-GAAP EPS of C$0.17, revenue of C$79M
August 8, 2023 | theglobeandmail.com
Stingray sells karaoke tech to Chinese EV maker
August 4, 2023 | yahoo.com
King Stingray and Genesis Owusu Win Big at 2023 AIR Awards
August 4, 2023 | msn.com
King Stingray Wins Big at Australia’s 2023 AIR Awards
August 3, 2023 | msn.com
Biker transports stingray by strapping it on his back
July 28, 2023 | finance.yahoo.com
RAY-B.TO - Stingray Group Inc.
July 25, 2023 | stockhouse.com
Mood Media's Vibenomics and Stingray Advertising Create Largest US In-Store Retail Media Network
July 21, 2023 | nytimes.com
How a (Very) Giant Stingray Could Help to Save a Mighty River
July 15, 2023 | msn.com
King Stingray are awestruck by nature on their newest anthem 'Lookin' Out'
July 4, 2023 | msn.com
Australian TV star whose father died in stingray attack makes it official with Oscar winner's niece, more famous couples' red carpet debuts
July 3, 2023 | yahoo.com
Watch: The “Stingray Shuffle” Is Less Effective than You Think
June 8, 2023 | finance.yahoo.com
Stingray Group (TSE:RAY.A) investors are sitting on a loss of 25% if they invested five years ago
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Media - Diversified
Sub-Industry
N/A
Sector
Consumer Cyclical
Current Symbol
TSE:RAY.A
CUSIP
N/A
CIK
N/A
Web
www.stingray.com
Phone
+1-514-6641244
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$8.08
High Stock Price Target
C$9.00
Low Stock Price Target
C$7.00
Potential Upside/Downside
+48.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.59
Trailing P/E Ratio
9.24
Forward P/E Ratio
6.27
P/E Growth
1.13
Net Income
C$40.90 million
Net Margins
12.41%
Pretax Margin
N/A
Return on Equity
14.02%
Return on Assets
6.06%

Debt

Debt-to-Equity Ratio
140.96
Current Ratio
1.12
Quick Ratio
0.69

Sales & Book Value

Annual Sales
C$329.66 million
Price / Sales
0.84
Cash Flow
C$0.25 per share
Price / Cash Flow
21.45
Book Value
C$4.34 per share
Price / Book
1.26

Miscellaneous

Outstanding Shares
50,750,000
Free Float
N/A
Market Cap
C$276.59 million
Optionable
Not Optionable
Beta
0.93
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Key Executives

  • Mr. Eric Boyko (Age 49)
    Co-Founder, Pres, CEO & Non-Independent Director
  • Mr. Jean-Pierre Trahan
    Chief Financial Officer
  • Mr. Mario DuBois
    Sr. VP & CTO
  • Mr. Lloyd Perry Feldman
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Mathieu Péloquin
    Sr. VP of Marketing & Communications

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














RAY.A Stock Analysis - Frequently Asked Questions

Should I buy or sell Stingray Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stingray Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RAY.A shares.
View RAY.A analyst ratings or view top-rated stocks.

What is Stingray Group's stock price target for 2024?

2 equities research analysts have issued 1 year target prices for Stingray Group's shares. Their RAY.A share price targets range from C$7.00 to C$9.00. On average, they anticipate the company's stock price to reach C$8.08 in the next year. This suggests a possible upside of 48.3% from the stock's current price.
View analysts price targets for RAY.A or view top-rated stocks among Wall Street analysts.

How have RAY.A shares performed in 2023?

Stingray Group's stock was trading at C$4.87 at the start of the year. Since then, RAY.A stock has increased by 11.9% and is now trading at C$5.45.
View the best growth stocks for 2023 here.

Is Stingray Group a good dividend stock?

Stingray Group (TSE:RAY.A) pays an annual dividend of C$0.30 per share and currently has a dividend yield of 5.71%. RAY.A has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RAY.A.

How do I buy shares of Stingray Group?

Shares of RAY.A 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.

This page (TSE:RAY.A) was last updated on 12/3/2023 by MarketBeat.com Staff

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