Cogeco Communications Stock Analysis

Cogeco Stock Analysis Notes

About 45.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cogeco Communications recorded earning per share (EPS) of 7.83. The entity last dividend was issued on the 14th of November 2024. Cogeco Communications Inc. operates as a communications corporation in North America. Cogeco Communications Inc. was founded in 1972 and is headquartered in Montreal, Canada. COGECO COMMUNICATIONS operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3740 people. For more info on Cogeco Communications please contact Philippe Jette at 514 764 4600 or go to https://corpo.cogeco.com/cca/en.

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Cogeco Communications Thematic Classifications

Cogeco Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cogeco Communications's market, we take the total number of its shares issued and multiply it by Cogeco Communications's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cogeco Profitablity

The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.25 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.25.

Management Efficiency

Cogeco Communications has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1025 %, meaning that it generated $0.1025 on every $100 dollars invested by stockholders. Cogeco Communications' management efficiency ratios could be used to measure how well Cogeco Communications manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Cogeco Communications' Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 9.9 B, while Other Current Assets are likely to drop about 21.8 M.

Technical Drivers

As of the 29th of November, Cogeco Communications shows the Risk Adjusted Performance of 0.0498, mean deviation of 0.8377, and Downside Deviation of 1.09. Cogeco Communications technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cogeco Communications Price Movement Analysis

Cogeco Communications Outstanding Bonds

Cogeco Communications Predictive Daily Indicators

Cogeco Communications Forecast Models

Cogeco Communications' time-series forecasting models are one of many Cogeco Communications' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cogeco Communications' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cogeco Communications prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cogeco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cogeco Communications. By using and applying Cogeco Stock analysis, traders can create a robust methodology for identifying Cogeco entry and exit points for their positions.

Cogeco Communications financial ratios help investors to determine whether Cogeco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cogeco with respect to the benefits of owning Cogeco Communications security.