On Tuesday, Rogers Communications Inc. (NYSE: RCI) opened lower -1.15% from the last session, before settling in for the closing price of $40.76. Price fluctuations for RCI have ranged from $35.55 to $48.19 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 4.73%. Company’s average yearly earnings per share was noted 4.27% at the time writing. With a float of $376.90 million, this company’s outstanding shares have now reached $418.87 million.
Considering the fact that the conglomerate employs 26000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 28.51%, operating margin of 20.52%, and the pretax margin is 6.84%.
Rogers Communications Inc. (RCI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Rogers Communications Inc. is 29.26%, while institutional ownership is 49.70%.
Rogers Communications Inc. (RCI) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.92 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.79) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.55% during the next five years compared to -17.17% drop over the previous five years of trading.
Rogers Communications Inc. (NYSE: RCI) Trading Performance Indicators
Check out the current performance indicators for Rogers Communications Inc. (RCI). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.42. Likewise, its price to free cash flow for the trailing twelve months is 17.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.21, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 3.93 in one year’s time.
Technical Analysis of Rogers Communications Inc. (RCI)
Compared to the last year’s volume of 0.72 million, its volume of 0.75 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.94%. Additionally, its Average True Range was 0.67.
During the past 100 days, Rogers Communications Inc.’s (RCI) raw stochastic average was set at 75.36%, which indicates a significant increase from 26.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.28% in the past 14 days, which was lower than the 17.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.81, while its 200-day Moving Average is $41.59. Nevertheless, the first resistance level for the watch stands at $40.81 in the near term. At $41.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.74. If the price goes on to break the first support level at $39.88, it is likely to go to the next support level at $39.48. Now, if the price goes above the second support level, the third support stands at $38.95.
Rogers Communications Inc. (NYSE: RCI) Key Stats
There are currently 530,021K shares outstanding in the company with a market cap of 21.47 billion. Presently, the company’s annual sales total 14,303 M according to its annual income of 628,940 K. Last quarter, the company’s sales amounted to 3,721 M and its income totaled 287,900 K.
