A share price of Rogers Communications Inc [RCI] is currently trading at $29.07, saw in change for the day. An important factor to consider is whether the stock is rising or falling in short-term value. The RCI shares have gain 2.83% over the last week, with a monthly amount drifted -4.66%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rogers Communications Inc [NYSE: RCI] stock has seen the most recent analyst activity on January 22, 2025, when Barclays downgraded its rating to a Equal Weight. Previously, BofA Securities downgraded its rating to Neutral on January 14, 2025. Canaccord Genuity downgraded its rating to a Hold. Desjardins upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to Outperform for this stock on September 15, 2023.
Rogers Communications Inc experienced fluctuations in its stock price throughout the past year between $27.63 and $48.08. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Rogers Communications Inc [NYSE: RCI] shares were valued at $29.07 at the most recent close of the market. An investor can expect a potential return of 140.8% based on the average RCI price forecast.
Analyzing the RCI fundamentals
Trailing Twelve Months sales for Rogers Communications Inc [NYSE:RCI] were 15.03B which represents -0.95% decline. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.14 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.76 points at the first support level, and at 28.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.42, and for the 2nd resistance point, it is at 29.77.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rogers Communications Inc [NYSE:RCI] is 0.68. On the other hand, the Quick Ratio is 0.64, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 1.86 and price to earnings (TTM) ratio is 14.04.
