Rogers Communication (RCI) Earns Media Impact Rating of 0.24
Media headlines about Rogers Communication (NYSE:RCI) (TSE:RCI.B) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rogers Communication earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the Wireless communications provider an impact score of 83 out of 100, indicating that recent press coverage is very likely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Rogers Communication (NYSE:RCI) & Gogo (GOGO) Head-To-Head Comparison (americanbankingnews.com)
- Connectivity on SkyTrain Continues to Improve for Rogers and Fido Customers (finance.yahoo.com)
- Rogers Communications Inc (RCI) MFI Reading Under the Microscope – FLBC News (flbcnews.com)
- Do Analysts See Any Upside to Rogers Communication, Inc. (NYSE:RCI? – Evergreen Caller (evergreencaller.com)
- pdvWireless (PDVW) and Rogers Communication (RCI) Financial Comparison (americanbankingnews.com)
Shares of Rogers Communication (RCI) traded up 0.27% during mid-day trading on Thursday, reaching $51.66. 368,050 shares of the company traded hands. The firm has a 50-day moving average price of $48.91 and a 200 day moving average price of $45.30. Rogers Communication has a 52 week low of $37.03 and a 52 week high of $53.07. The firm has a market capitalization of $20.79 billion, a price-to-earnings ratio of 30.14 and a beta of 0.86.
Rogers Communication (NYSE:RCI) (TSE:RCI.B) last issued its quarterly earnings results on Thursday, July 20th. The Wireless communications provider reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.59 billion. Rogers Communication had a return on equity of 28.90% and a net margin of 7.42%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. On average, analysts anticipate that Rogers Communication will post $2.75 earnings per share for the current year.
RCI has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Rogers Communication from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Canaccord Genuity reaffirmed a “buy” rating and set a $60.00 target price on shares of Rogers Communication in a research note on Thursday, April 13th. BidaskClub raised shares of Rogers Communication from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th. Finally, CIBC lowered shares of Rogers Communication from a “sector outperform” rating to a “sector perform” rating in a research note on Wednesday, April 5th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $54.67.
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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.
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