Media stories about Rogers Communications (NYSE:RCI) (TSE:RCI.B) have been trending negative on Thursday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rogers Communications earned a daily sentiment score of -2.50 on their scale. InfoTrie also assigned media stories about the Wireless communications provider an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the near future.
NYSE RCI opened at $54.03 on Thursday. The company has a market capitalization of $27.82 billion, a PE ratio of 19.94, a P/E/G ratio of 3.34 and a beta of 0.74. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.72 and a quick ratio of 0.65. Rogers Communications has a 12 month low of $43.11 and a 12 month high of $54.83.
Rogers Communications (NYSE:RCI) (TSE:RCI.B) last released its quarterly earnings data on Friday, October 19th. The Wireless communications provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.88 by $0.05. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.91 billion. Rogers Communications had a return on equity of 29.37% and a net margin of 13.34%. On average, sell-side analysts forecast that Rogers Communications will post 3.23 earnings per share for the current year.
RCI has been the subject of a number of recent research reports. Zacks Investment Research raised Rogers Communications from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Wednesday, September 19th. Desjardins downgraded Rogers Communications from a “buy” rating to a “hold” rating in a research report on Monday, October 22nd. Finally, Edward Jones downgraded Rogers Communications from a “buy” rating to a “hold” rating and set a $52.67 price target for the company. in a research report on Thursday, November 29th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $54.89.
TRADEMARK VIOLATION NOTICE: “Rogers Communications (RCI) Receives News Impact Score of -2.50” was originally published by Dakota Financial News and is the sole property of of Dakota Financial News. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://dakotafinancialnews.com/2018/12/06/rogers-communications-rci-receives-news-impact-score-of-2-50.html.
About Rogers Communications
Rogers Communications Inc operates as a communications and media company in Canada. The company's Wireless segment offers wireless telecommunications services to consumers and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, e-commerce sites, call centers and outbound telemarketing, and other distribution channels.
Featured Article: How Do Tariffs Affect Trade Balances?
Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.