Somewhat Positive Press Coverage Somewhat Unlikely to Affect Rogers Communication (RCI) Stock Price
Headlines about Rogers Communication (NYSE:RCI) (TSE:RCI.B) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rogers Communication earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media stories about the Wireless communications provider an impact score of 46.9855580062084 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- Rogers Communication, Inc. (RCI) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Canada gov’t orders broadcast regulator to reconsider TV license terms (finance.yahoo.com)
- Buy the position in Technology Stock: Rogers Communications Inc. (RCI) – Street Observer (press release) (streetobserver.com)
- Cohu, Inc. (COHU) registers a price change of -1.01% while Rogers Communications Inc. (RCI) finishes with a flow of … – Stocks Gallery (stocksgallery.com)
Shares of Rogers Communication (RCI) traded down 0.14% during midday trading on Tuesday, reaching $50.61. The company had a trading volume of 172,081 shares. The stock has a market capitalization of $26.05 billion, a PE ratio of 31.59 and a beta of 0.86. Rogers Communication has a 1-year low of $37.03 and a 1-year high of $53.07. The company’s 50-day moving average is $50.00 and its 200-day moving average is $46.03.
Rogers Communication (NYSE:RCI) (TSE:RCI.B) last posted its quarterly earnings data on Thursday, July 20th. The Wireless communications provider reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Rogers Communication had a return on equity of 28.90% and a net margin of 7.42%. Rogers Communication’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.83 earnings per share. On average, equities research analysts forecast that Rogers Communication will post $2.69 EPS for the current year.
RCI has been the subject of several research analyst reports. Zacks Investment Research lowered Rogers Communication from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. Canaccord Genuity set a $66.00 target price on Rogers Communication and gave the company a “buy” rating in a research report on Wednesday, April 19th. Finally, BidaskClub raised Rogers Communication from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $54.67.
Rogers Communication Company Profile
Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. Its segments include Wireless, Cable, Business Solutions and Media. The Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.
Receive News & Ratings for Rogers Communication Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communication Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.