Cogeco Communications Inc (TSE:CCA) – Analysts at National Bank Financial issued their Q2 2019 earnings per share estimates for shares of Cogeco Communications in a report issued on Wednesday, April 3rd. National Bank Financial analyst A. Shine expects that the company will post earnings of $1.58 per share for the quarter. National Bank Financial has a “Outperform” rating and a $95.00 price objective on the stock.
Cogeco Communications (TSE:CCA) last issued its earnings results on Thursday, January 10th. The company reported C$1.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.50 by C($0.09). The business had revenue of C$643.33 million during the quarter.
Other equities analysts have also issued research reports about the company. Royal Bank of Canada raised their price target on Cogeco Communications from C$82.00 to C$84.00 and gave the company a “sector perform” rating in a research note on Monday, January 14th. Barclays upped their price objective on shares of Cogeco Communications from C$70.00 to C$73.00 in a research note on Monday, January 14th. TD Securities increased their target price on shares of Cogeco Communications from C$90.00 to C$95.00 and gave the stock a “buy” rating in a report on Monday, January 14th. Echelon Wealth Partners reiterated a “buy” rating on shares of Cogeco Communications in a report on Monday, January 14th. Finally, CIBC raised their target price on shares of Cogeco Communications from C$85.00 to C$94.00 in a research report on Thursday, February 28th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$88.00.
CCA opened at C$87.60 on Friday. Cogeco Communications has a 12-month low of C$61.68 and a 12-month high of C$87.70. The company has a debt-to-equity ratio of 165.78, a quick ratio of 0.59 and a current ratio of 0.70. The firm has a market cap of $4.33 billion and a PE ratio of 12.77.
Cogeco Communications Company Profile
Cogeco Communications Inc operates as a communications corporation in North America. The company operates in three segments: Canadian Broadband Services; American Broadband Services; and Business Information and Communications Technology Services. It offers digital video and programming services, such as basic services, digital tier packages, discretionary services, pay-per-view channels, video-on-demand services, high definition and 4K television services, and advanced video services; Internet services; and telephony services to residential customers comprising direct international calling, international long distance plans, voicemail, and other custom calling features.
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