Rogers Communications Inc [RCI] stock is trading at $28.43, up 0.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RCI shares have gain 2.19% over the last week, with a monthly amount drifted -0.14%, 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 [RCI] stock has fluctuated between $26.57 and $45.74 over the past year. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Rogers Communications Inc [NYSE: RCI] shares were valued at $28.43 at the most recent close of the market. An investor can expect a potential return of 146.22% based on the average RCI price forecast.
Analyzing the RCI fundamentals
Rogers Communications Inc [NYSE:RCI] reported sales of 15.04B for the trailing twelve months, which represents a growth of 0.06%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.08.
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 28.17 points at the first support level, and at 27.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.70, and for the 2nd resistance point, it is at 28.98.
Ratios To Look Out For
For context, Rogers Communications Inc’s Current Ratio is 0.66. In addition, the Quick Ratio stands at 0.61 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 2.11 and price to earnings (TTM) ratio is 12.13.
