
TSE:ET
This summary was created by AI, based on 3 opinions in the last 12 months.
Evertz Technologies Ltd. (ET-T) appears to be a stable company with positive financial attributes, highlighted by its $500 million in sales and a notable lack of debt. The company pays a generous dividend of 5%, supplemented by an additional special dividend at year-end, making it appealing for income-focused investors. Evertz holds a significant position in the telecommunications sector, particularly in Internet television streaming, and has carved out a niche in this competitive market. While the company is not expected to deliver rapid growth, the analysts’ price target of $17.75 indicates potential upside in the stock's valuation. Furthermore, its founders retain significant ownership, which could align their interests with long-term shareholders, enhancing the overall investment thesis.
(A Top Pick Feb 27/19, Up 8%) A go-to name. They had many good earnings beats. They started to build a stake in a Belgium company, but they sold it and took a profit. ET paid a special dividend, but afterwards the stock dipped. There's still earnings growth here. They're taking market share aware. ET will benefit from Disney and others entering streaming, because ET sets up the equipment to use cloud computing.