Rogers Communications Inc (NYSE: RCI) is -8.66% lower on its value in year-to-date trading and has touched a low of $26.57 and a high of $44.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RCI stock was last observed hovering at around $27.51 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $28.07, the stock is 0.84% and -2.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 2.04% at the moment leaves the stock -21.44% off its SMA200. RCI registered -36.96% loss for a year compared to 6-month loss of -30.78%.
The stock witnessed a 3.50% gain in the last 1 month and extending the period to 3 months gives it a -21.46%, and is -0.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 2.37% over the month.
Rogers Communications Inc (RCI) has around 26000 employees, a market worth around $15.00B and $15.04B in sales. Current P/E ratio is 11.97 and Fwd P/E is 7.82. Profit margin for the company is 8.40%. Distance from 52-week low is 5.65% and -36.96% from its 52-week high. The company has generated returns on investments over the last 12 months (3.57%).
with sales reaching $4.96B over the same period.The EPS is expected to shrink by -2.70% this year, but quarterly earnings will post 1.57% year-over-year. Quarterly sales are estimated to grow 1.24% in year-over-year returns.
The shares outstanding are 424.95M, and float is at 377.62M with Short Float at 1.98%.
The top institutional shareholder in the company is FIL LTD with over 32.18 million shares valued at $1.19 billion. The investor’s holdings represent 6.0378 of the RCI Shares outstanding. As of 2024-06-30, the second largest holder is ROYAL BANK OF CANADA with 24.95 million shares valued at $922.77 million to account for 4.6993 of the shares outstanding. The other top investors are BANK OF MONTREAL /CAN/ which holds 23.77 million shares representing 4.4757 and valued at over $936.29 million, while BEUTEL, GOODMAN & CO LTD. holds 2.4553 of the shares totaling 13.09 million with a market value of $483.93 million.
Rogers Communications Inc (RCI) Insider Activity
A total of 0 insider transactions have happened at Rogers Communications Inc (RCI) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Rogers Communications Inc (RCI): Who are the competitors?
One of the company’s main competitors (and peers) include Netflix Inc. (NFLX) that is trading 65.79% up over the past 12 months.TELUS Corp. (TU) lies in the list of competitors of the Rogers Communications Inc and is -12.23% lower over the same period from RCIBCE Inc. (BCE) is -34.76% down on the 1-year trading charts.
