Cogeco Communications Stock

Cogeco Communications P/E 2024

Cogeco Communications P/E

10.17

Ticker

CCA.TO

ISIN

CA19239C1068

WKN

A2ADTM

As of Sep 13, 2024, Cogeco Communications's P/E ratio was 10.17, a 38.37% change from the 7.35 P/E ratio recorded in the previous year.

The Cogeco Communications P/E history

Cogeco Communications Aktienanalyse

What does Cogeco Communications do?

Cogeco Communications Inc is a Canadian company that offers various telecommunications products and services. The company was founded in 1957 and is headquartered in Montreal, Quebec. Cogeco Communications Inc operates in three main areas: broadband services, business services, and US cable operations. In the broadband services sector, the company provides internet, telephone, and television services. These services are tailored to the needs of individuals and small businesses and are delivered through the company's own fiber optic network. Cogeco Communications Inc is one of the leading broadband service providers in Canada, serving customers in Ontario, Quebec, and some parts of America. Another important business segment is the business services sector. Here, the company offers a wide range of services tailored to the needs of larger businesses and public sector organizations. These include internet access, data processing, hosting, cloud services, and network management. Lastly, Cogeco Communications Inc also operates cable operations in the US. The company operates in 11 states in the US, serving customers with internet, telephone, and television services. Cogeco Communications Inc's products and services are largely provided through long-term contracts with customers. Prices are typically fixed, and customers are often encouraged to subscribe to multiple services through promotions and discounts. Cogeco Communications Inc's business model is based on a strategy of continuous growth, both organically and through acquisitions. The company has made several acquisitions in the past to expand its business operations. Some of the recent acquisitions include the purchase of MetroCast (a New Hampshire-based cable operator) in 2018 and the purchase of Peer 1 Hosting (a UK-based cloud hosting provider) in 2017. Cogeco Communications Inc's main strategy is to expand its offerings by continuously investing in its network and introducing new services and technologies. The company has made significant investments in its fiber optic network and new technologies such as 5G mobile networks in recent years. In addition, Cogeco Communications Inc also sees itself as a leader in environmental sustainability. The company has a green initiative aimed at reducing energy consumption, greenhouse gas emissions, and environmental impact. In 2017, the company received platinum status in the EcoVadis sustainability certification for these efforts. Overall, Cogeco Communications Inc has established itself as a key player in the Canadian telecommunications sector in recent years. With a wide range of products and services and the ability to drive growth through targeted investments and acquisitions, the company is well positioned to continue its success in the future. Cogeco Communications ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cogeco Communications's P/E Ratio

The Price to Earnings (P/E) Ratio of Cogeco Communications is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cogeco Communications's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cogeco Communications is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cogeco Communications’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cogeco Communications stock

What is the price-to-earnings ratio of Cogeco Communications?

The price-earnings ratio of Cogeco Communications is currently 10.17.

How has the price-earnings ratio of Cogeco Communications changed compared to last year?

The price-to-earnings ratio of Cogeco Communications has increased by 38.37% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Cogeco Communications high compared to other companies?

Yes, the price-to-earnings ratio of Cogeco Communications is high compared to other companies.

How does an increase in the price-earnings ratio of Cogeco Communications affect the company?

An increase in the price-earnings ratio of Cogeco Communications would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Cogeco Communications affect the company?

A decrease in the price-earnings ratio of Cogeco Communications would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Cogeco Communications?

Some factors that influence the price-earnings ratio of Cogeco Communications are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cogeco Communications pay?

Over the past 12 months, Cogeco Communications paid a dividend of 3.18 CAD . This corresponds to a dividend yield of about 4.87 %. For the coming 12 months, Cogeco Communications is expected to pay a dividend of 3.52 CAD.

What is the dividend yield of Cogeco Communications?

The current dividend yield of Cogeco Communications is 4.87 %.

When does Cogeco Communications pay dividends?

Cogeco Communications pays a quarterly dividend. This is distributed in the months of December, February, May, August.

How secure is the dividend of Cogeco Communications?

Cogeco Communications paid dividends every year for the past 24 years.

What is the dividend of Cogeco Communications?

For the upcoming 12 months, dividends amounting to 3.52 CAD are expected. This corresponds to a dividend yield of 5.38 %.

In which sector is Cogeco Communications located?

Cogeco Communications is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Cogeco Communications kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cogeco Communications from 8/8/2024 amounting to 0.854 CAD, you needed to have the stock in your portfolio before the ex-date on 7/25/2024.

When did Cogeco Communications pay the last dividend?

The last dividend was paid out on 8/8/2024.

What was the dividend of Cogeco Communications in the year 2023?

In the year 2023, Cogeco Communications distributed 2.891 CAD as dividends.

In which currency does Cogeco Communications pay out the dividend?

The dividends of Cogeco Communications are distributed in CAD.

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Andere Kennzahlen von Cogeco Communications

Our stock analysis for Cogeco Communications Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cogeco Communications Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.