Rogers Communications Inc (NYSE: RCI) on Monday, plunged -4.26% from the previous trading day, before settling in for the closing price of $25.82. Within the past 52 weeks, RCI’s price has moved between $24.76 and $41.84.
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Communication Services Sector giant saw their annual sales surged by 6.25% over the last five years. The company achieved an average annual earnings per share of -2.06%. With a float of $380.81 million, this company’s outstanding shares have now reached $424.95 million.
The firm has a total of 24000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.68%, operating margin of 17.33%, and the pretax margin is 11.19%.
Rogers Communications Inc (RCI) Insider Activity
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Rogers Communications Inc is 29.22%, while institutional ownership is 49.13%.
Rogers Communications Inc (RCI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.18% during the next five years compared to -4.65% drop over the previous five years of trading.
Rogers Communications Inc (NYSE: RCI) Trading Performance Indicators
Rogers Communications Inc (RCI) is currently performing well based on its current performance indicators. A quick ratio of 0.58 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88. Likewise, its price to free cash flow for the trailing twelve months is 11.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.36, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Rogers Communications Inc (RCI)
Analysing the last 5-days average volume posted by the [Rogers Communications Inc, RCI], we can find that recorded value of 2.11 million was better than the volume posted last year of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 24.59%. Additionally, its Average True Range was 0.79.
During the past 100 days, Rogers Communications Inc’s (RCI) raw stochastic average was set at 0.92%, which indicates a significant decrease from 2.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.54% in the past 14 days, which was higher than the 26.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.65, while its 200-day Moving Average is $34.38. Now, the first resistance to watch is $25.46. This is followed by the second major resistance level at $26.19. The third major resistance level sits at $26.62. If the price goes on to break the first support level at $24.30, it is likely to go to the next support level at $23.87. Should the price break the second support level, the third support level stands at $23.14.
Rogers Communications Inc (NYSE: RCI) Key Stats
Market capitalization of the company is 13.30 billion based on 536,101K outstanding shares. Right now, sales total 15,037 M and income totals 1,265 M. The company made 3,923 M in profit during its latest quarter, and 402,250 K in sales during its previous quarter.
