The stock of Rogers Communications Inc. (RCI) has gone down by -2.22% for the week, with a -8.70% drop in the past month and a -18.56% drop in the past quarter. The volatility ratio for the week is 2.25%, and the volatility levels for the past 30 days are 2.03% for RCI. The simple moving average for the past 20 days is -4.23% for RCI’s stock, with a -10.29% simple moving average for the past 200 days.
Is It Worth Investing in Rogers Communications Inc. (NYSE: RCI) Right Now?
The price-to-earnings ratio for Rogers Communications Inc. (NYSE: RCI) is 31.55x, which is above its average ratio. Moreover, the 36-month beta value for RCI is 0.64. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for RCI is 375.40M and currently, short sellers hold a 1.43% of that float. On April 19, 2024, RCI’s average trading volume was 550.81K shares.
RCI) stock’s latest price update
The stock of Rogers Communications Inc. (NYSE: RCI) has increased by 1.08 when compared to last closing price of 37.89. Despite this, the company has experienced a -2.22% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-17 that Rogers Communication (RCI) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of RCI
Barclays gave a rating of “Overweight” to RCI, setting the target price at $55 in the report published on May 08th of the previous year.
RCI Trading at -10.42% from the 50-Day Moving Average
After a stumble in the market that brought RCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.40% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares sank -10.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.85% lower at present.
During the last 5 trading sessions, RCI fell by -2.22%, which changed the moving average for the period of 200-days by -16.72% in comparison to the 20-day moving average, which settled at $39.76. In addition, Rogers Communications Inc. saw -18.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RCI
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.38 for the gross margin
The net margin for Rogers Communications Inc. stands at 0.04. The total capital return value is set at 0.07. Equity return is now at value 8.15, with 1.34 for asset returns.
Based on Rogers Communications Inc. (RCI), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 4.13. The interest coverage ratio of the stock is 1.95.
Currently, EBITDA for the company is 8.65 billion with net debt to EBITDA at 5.37. When we switch over and look at the enterprise to sales, we see a ratio of 3.75. The receivables turnover for the company is 3.55for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To wrap up, the performance of Rogers Communications Inc. (RCI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
