Stingray Group Stock Buy Hold or Sell Recommendation
| RAY-A Stock | CAD 8.15 0.07 0.85% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Stingray Group is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Stingray Group given historical horizon and risk tolerance towards Stingray. When Macroaxis issues a 'buy' or 'sell' recommendation for Stingray Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Stingray Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Stingray and provide practical buy, sell, or hold advice based on investors' constraints. Stingray Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Execute Stingray Buy or Sell Advice
The Stingray recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Stingray Group. Macroaxis does not own or have any residual interests in Stingray Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Stingray's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Stingray Trading Alerts and Improvement Suggestions
| Stingray Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Stingray Group has accumulated 386.7 M in total debt with debt to equity ratio (D/E) of 126.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Stingray Group has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Stingray until it has trouble settling it off, either with new capital or with free cash flow. So, Stingray's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stingray Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stingray to invest in growth at high rates of return. When we think about Stingray's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 345.43 M. Net Loss for the year was (13.74 M) with profit before overhead, payroll, taxes, and interest of 111.67 M. | |
| About 26.0% of Stingray outstanding shares are owned by corporate insiders |
Stingray Returns Distribution Density
The distribution of Stingray's historical returns is an attempt to chart the uncertainty of Stingray's future price movements. The chart of the probability distribution of Stingray daily returns describes the distribution of returns around its average expected value. We use Stingray Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Stingray returns is essential to provide solid investment advice for Stingray.
| Mean Return | 0.08 | Value At Risk | -2.52 | Potential Upside | 2.60 | Standard Deviation | 1.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Stingray historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Stingray Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (607K) | (70K) | (1.9M) | (542K) | 1.3M | 1.4M | |
| Change In Cash | (2.2M) | 6.5M | 5.5M | 890K | (5.8M) | (5.6M) | |
| Free Cash Flow | 73.8M | 90.8M | 66.6M | 71.5M | 104.5M | 109.7M | |
| Depreciation | 43.2M | 38.7M | 35.5M | 33.0M | 30.1M | 27.5M | |
| Other Non Cash Items | 25.4M | 7.8M | (754K) | 19.3M | 29.6M | 31.1M | |
| Dividends Paid | 21.2M | 22.0M | 21.3M | 20.9M | 20.7M | 18.8M | |
| Capital Expenditures | 14.4M | 13.4M | 17.0M | 15.5M | 14.0M | 11.1M | |
| Net Income | 14.0M | 45.1M | 33.3M | 30.1M | (13.7M) | (13.1M) | |
| End Period Cash Flow | 2.5M | 9.0M | 14.6M | 15.5M | 9.6M | 6.3M | |
| Investments | (450K) | 18.9M | (3.2M) | (20.6M) | (16.6M) | (15.8M) | |
| Net Borrowings | (4.6M) | (34.9M) | 42.4M | (2.0M) | (2.3M) | (2.2M) | |
| Change To Netincome | 32.3M | 31.9M | 15.4M | 31.3M | 36.0M | 18.9M |
Stingray Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Stingray or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Stingray's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Stingray stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.0008 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | -0.03 |
Stingray Volatility Alert
Stingray Group has relatively low volatility with skewness of 0.81 and kurtosis of 2.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Stingray's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Stingray's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Stingray Fundamentals Vs Peers
Comparing Stingray's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Stingray's direct or indirect competition across all of the common fundamentals between Stingray and the related equities. This way, we can detect undervalued stocks with similar characteristics as Stingray or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Stingray's fundamental indicators could also be used in its relative valuation, which is a method of valuing Stingray by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Stingray to competition |
| Fundamentals | Stingray | Peer Average |
| Return On Equity | -0.087 | -0.31 |
| Return On Asset | 0.0693 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 943.55 M | 16.62 B |
| Shares Outstanding | 52.84 M | 571.82 M |
| Shares Owned By Insiders | 25.57 % | 10.09 % |
| Shares Owned By Institutions | 23.88 % | 39.21 % |
| Number Of Shares Shorted | 406.37 K | 4.71 M |
| Price To Earning | 48.80 X | 28.72 X |
| Price To Book | 2.18 X | 9.51 X |
| Price To Sales | 1.51 X | 11.42 X |
| Revenue | 345.43 M | 9.43 B |
| Gross Profit | 111.67 M | 27.38 B |
| EBITDA | 117.52 M | 3.9 B |
| Net Income | (13.74 M) | 570.98 M |
| Cash And Equivalents | 4.67 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 386.7 M | 5.32 B |
| Debt To Equity | 126.00 % | 48.70 % |
| Current Ratio | 0.84 X | 2.16 X |
| Book Value Per Share | 3.73 X | 1.93 K |
| Cash Flow From Operations | 118.53 M | 971.22 M |
| Short Ratio | 16.57 X | 4.00 X |
| Earnings Per Share | (0.35) X | 3.12 X |
| Price To Earnings To Growth | 0.28 X | 4.89 X |
| Target Price | 10.96 | |
| Number Of Employees | 1 K | 18.84 K |
| Beta | 1.07 | -0.15 |
| Market Capitalization | 554.76 M | 19.03 B |
| Total Asset | 811.57 M | 29.47 B |
| Retained Earnings | (55.92 M) | 9.33 B |
| Working Capital | (10.93 M) | 1.48 B |
Stingray Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Stingray . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Stingray Buy or Sell Advice
When is the right time to buy or sell Stingray Group? Buying financial instruments such as Stingray Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Stingray in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Management Theme or any other thematic opportunities.
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Additional Tools for Stingray Stock Analysis
When running Stingray's price analysis, check to measure Stingray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.