Opinions John Zechner
Corus Entertainment (B)CJR.B.TOCOMMENTApr 04, 2016
John ZechnerUnknown
$11.92
Stock price when the opinion was issued
$0.03
As of Jun 04, 2026. Market Open.
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DON'T BUY
Since last summer there has been a recession in advertising for television and this has been a problem for Chorus. There are longer term headwinds since subscribers are moving more to streaming services. Chorus has STACK TV but it is an uphill battle against some of the big companies. It sold its animation studio to help reduce debt load but debt is still pretty high. The stock is too risky.
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Stockchase Research Editor: Michael O'Reilly CJR is trading at good value at 6x earnings compared to peers at 18x and is trading just 1.2x book value. It has a good dividend, backed by a payout ratio estimated at 27% of cash flow. We would buy this with a stop loss at $4.50, looking to achieve $7.85 -- upside potential over 31%. Yield 4.06% (Analysts’ price target is $7.84)
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PARTIAL BUY
Allan Tong’s Discover Picks The stock is climbing out of a long slump and offers upside of 23%, based on a price target of $7.71 by six analysts. Corus has cut costs and the Shaw family owns the company, so there is stability in the upper office. Meanwhile, shareowners can collect the 3.83% dividend yield. However, the fundamentals remained challenged with negative earnings, a -41% profit margin and -46% ROE. There’s still a ways to go with this story. There’s upside, but maybe not to $7.71. Consider this a partial buy. Read 3 Promising Stock Upgrades: SNAP, Uber, Corus for our full analysis.
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Would have a hard time calling this a Buy. The stock has come down a long way. It has really underperformed in the past couple of years. Did a very interesting acquisition of Shaw’s assets. When they did their financing at $9, that was an attractive time to buy. Looks like the earnings growth is pretty stagnant over the next couple of years. The multiple is low. They have a pretty big debt component. Dividend is okay, but there is not much room for error. There are still pressures in the industry and is changing pretty dramatically, and moving away from this company’s prime property.