Cogeco Inc Stock Today

CGO Stock  CAD 60.98  0.15  0.25%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 28

 
High
 
Low
Below Average
Cogeco is selling at 60.98 as of the 21st of November 2024; that is 0.25% down since the beginning of the trading day. The stock's open price was 61.13. Cogeco has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Cogeco Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Telecommunication Services
Category
Communication Services
Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company was founded in 1957 and is headquartered in Montreal, Canada. COGECO INC operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. The company has 7.92 M outstanding shares of which 15.73 K shares are currently shorted by private and institutional investors with about 1.15 days to cover all short positions. More on Cogeco Inc

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Moving against Cogeco Stock

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Cogeco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cogeco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cogeco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPhilippe Jette
Business ConcentrationDiversified Telecommunication Services, Telecommunication Services, Communication Services, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Cogeco's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cogeco's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Cogeco can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cogeco's financial leverage. It provides some insight into what part of Cogeco's total assets is financed by creditors.
Liquidity
Cogeco cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Cogeco Inc has accumulated 385.51 M in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Cogeco Inc has a current ratio of 1.34, which is within standard range for the sector. Debt can assist Cogeco until it has trouble settling it off, either with new capital or with free cash flow. So, Cogeco'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 Cogeco Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cogeco to invest in growth at high rates of return. When we think about Cogeco's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

287.2 Million
Cogeco Inc (CGO) is traded on Toronto Exchange in Canada and employs 41 people. Cogeco is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 582.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cogeco's market, we take the total number of its shares issued and multiply it by Cogeco's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cogeco Inc operates under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 7.92 M outstanding shares of which 15.73 K shares are currently shorted by private and institutional investors with about 1.15 days to cover all short positions. Cogeco Inc has accumulated about 70.89 M in cash with 1.19 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.58.
Check Cogeco Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Cogeco Inc is C$582.05 Million. Almost 74.84 percent of Cogeco outstanding shares are held by general public with 2.1 (percent) owned by insiders and only 23.06 % by other corporate entities. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Cogeco Ownership Details

Cogeco Inc Risk Profiles

Although Cogeco's alpha and beta are two of the key measurements used to evaluate Cogeco's performance over the market, the standard measures of volatility play an important role as well.

Cogeco Stock Against Markets

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Cogeco Corporate Directors

James CherryLead Independent DirectorProfile
MaryAnn BellIndependent DirectorProfile
Samih ElhageIndependent DirectorProfile
Normand LegaultIndependent DirectorProfile

Other Information on Investing in Cogeco Stock

Cogeco financial ratios help investors to determine whether Cogeco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cogeco with respect to the benefits of owning Cogeco security.