A new trading day began on Tuesday, with Rogers Communications Inc (NYSE: RCI) stock price up 1.72% from the previous day of trading, before settling in for the closing price of $36.66. RCI’s price has ranged from $35.55 to $48.19 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 4.73%. Meanwhile, its annual earnings per share averaged 4.76%. With a float of $377.46 million, this company’s outstanding shares have now reached $418.87 million.
Let’s determine the extent of company efficiency that accounts for 26000 employees. In terms of profitability, gross margin is 29.11%, operating margin of 23.46%, and the pretax margin is 10.32%.
Rogers Communications Inc (RCI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Rogers Communications Inc is 29.38%, while institutional ownership is 49.25%.
Rogers Communications Inc (RCI) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.45% 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
Here are Rogers Communications Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 20.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.07, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 3.88 in one year’s time.
Technical Analysis of Rogers Communications Inc (RCI)
Looking closely at Rogers Communications Inc (NYSE: RCI), its last 5-days average volume was 0.99 million, which is a jump from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 21.60%. Additionally, its Average True Range was 0.73.
During the past 100 days, Rogers Communications Inc’s (RCI) raw stochastic average was set at 27.66%, which indicates a significant decrease from 39.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.24% in the past 14 days, which was higher than the 17.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.23, while its 200-day Moving Average is $40.20. However, in the short run, Rogers Communications Inc’s stock first resistance to watch stands at $37.69. Second resistance stands at $38.08. The third major resistance level sits at $38.75. If the price goes on to break the first support level at $36.62, it is likely to go to the next support level at $35.95. Should the price break the second support level, the third support level stands at $35.56.
Rogers Communications Inc (NYSE: RCI) Key Stats
With a market capitalization of 28.10 billion, the company has a total of 532,816K Shares Outstanding. Currently, annual sales are 14,303 M while annual income is 628,940 K. The company’s previous quarter sales were 3,760 M while its latest quarter income was 385,560 K.
