Stingray Group Stock Analysis
| RAY-A Stock | CAD 7.80 0.07 0.89% |
Stingray Group is overvalued with Real Value of 6.45 and Hype Value of 7.8. The main objective of Stingray stock analysis is to determine its intrinsic value, which is an estimate of what Stingray Group is worth, separate from its market price. There are two main types of Stingray's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Stingray's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Stingray's stock to identify patterns and trends that may indicate its future price movements.
The Stingray stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Stingray is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Stingray Stock trading window is adjusted to America/Toronto timezone.
Stingray |
Stingray Stock Analysis Notes
About 26.0% of the company outstanding shares are owned by corporate insiders. The book value of Stingray was at this time reported as 3.73. The company has Price/Earnings To Growth (PEG) ratio of 0.28. Stingray Group recorded a loss per share of 0.35. The entity last dividend was issued on the 29th of November 2024. Stingray Group Inc. provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. Stingray Group Inc. was incorporated in 2006 and is headquartered in Montreal, Canada. Stingray Digital operates under Media - Diversified classification in Canada and is traded on Toronto Stock Exchange. It employs 1243 people. To find out more about Stingray Group contact the company at 514 664 1244 or learn more at https://www.stingray.com.Stingray Quarterly Total Revenue |
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Stingray Group Investment Alerts
| Stingray Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Stingray Group has accumulated 386.7 M in total debt with debt to equity ratio (D/E) of 126.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Stingray Group has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Stingray until it has trouble settling it off, either with new capital or with free cash flow. So, Stingray's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stingray Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stingray to invest in growth at high rates of return. When we think about Stingray's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 345.43 M. Net Loss for the year was (13.74 M) with profit before overhead, payroll, taxes, and interest of 111.67 M. | |
| About 26.0% of Stingray outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stingray Secures 500M Credit to Boost Flexibility - TipRanks |
Stingray Largest EPS Surprises
Earnings surprises can significantly impact Stingray's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-06-07 | 2022-03-31 | 0.19 | 0.17 | -0.02 | 10 | ||
2020-08-04 | 2020-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2018-11-07 | 2018-09-30 | 0.14 | 0.12 | -0.02 | 14 |
Stingray Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 531.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stingray's market, we take the total number of its shares issued and multiply it by Stingray'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.Stingray Profitablity
Stingray's profitability indicators refer to fundamental financial ratios that showcase Stingray's ability to generate income relative to its revenue or operating costs. If, let's say, Stingray is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Stingray's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Stingray's profitability requires more research than a typical breakdown of Stingray's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.27. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.07) | |
| Return On Capital Employed | 0.12 | 0.10 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.06) | (0.06) |
Management Efficiency
Stingray Group has return on total asset (ROA) of 0.0693 % which means that it generated a profit of $0.0693 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.087) %, meaning that it generated substantial loss on money invested by shareholders. Stingray's management efficiency ratios could be used to measure how well Stingray manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.07 in 2024. Return On Capital Employed is likely to drop to 0.10 in 2024. Total Current Liabilities is likely to drop to about 92.9 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 595.4 M in 2024| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.62 | 2.12 | |
| Tangible Book Value Per Share | (5.63) | (5.92) | |
| Enterprise Value Over EBITDA | 15.12 | 16.86 | |
| Price Book Value Ratio | 2.18 | 2.29 | |
| Enterprise Value Multiple | 15.12 | 16.86 | |
| Price Fair Value | 2.18 | 2.29 | |
| Enterprise Value | 730.7 M | 552.6 M |
Evaluating the management effectiveness of Stingray allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Stingray Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Dividend Yield 0.0385 | Operating Margin 0.2652 | Profit Margin (0.07) | Forward Dividend Yield 0.0385 | Beta 1.073 |
Technical Drivers
As of the 15th of December 2024, Stingray has the Risk Adjusted Performance of 0.0493, coefficient of variation of 1669.15, and Semi Deviation of 1.33. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stingray Group, as well as the relationship between them.Stingray Group Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Stingray middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Stingray Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Stingray Predictive Daily Indicators
Stingray intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Stingray stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Stingray Forecast Models
Stingray's time-series forecasting models are one of many Stingray's 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 Stingray's 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.About Stingray Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Stingray 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 Stingray 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 Stingray. By using and applying Stingray Stock analysis, traders can create a robust methodology for identifying Stingray entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.01 | 0.01 | |
| Operating Profit Margin | 0.22 | 0.14 | |
| Net Loss | (0.04) | (0.04) | |
| Gross Profit Margin | 0.34 | 0.55 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Stingray to your portfolios without increasing risk or reducing expected return.Did you try this?
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
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Additional Tools for Stingray Stock Analysis
When running Stingray's price analysis, check to measure Stingray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.