Cogeco Cable

CCA-T

Analysis and Opinions about CCA-T

Signal
Opinion
Expert
BUY
BUY
November 14, 2019
Some companies you just have to buy when the chart looks like it's not a good time. Price momentum can tell you something good is happening. Getting rid of data business gave them lots of capital to go into the US, where the big story is, exceeding expectations. Buy it here and tuck it away. You'll get dividend growth. Yield is 2%.
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Cogeco Cable (CCA-T)
November 14, 2019
Some companies you just have to buy when the chart looks like it's not a good time. Price momentum can tell you something good is happening. Getting rid of data business gave them lots of capital to go into the US, where the big story is, exceeding expectations. Buy it here and tuck it away. You'll get dividend growth. Yield is 2%.
PAST TOP PICK
PAST TOP PICK
September 17, 2018

(A Top Pick Jun 28/17, Down 16%) It was a disappointment. It has a reasonable combination of price, price momentum and he sold it. It still has good return on equity but it missed on earnings due to a problem with integrating a new SAP system. There is always a chance that Rogers takes them in.

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Cogeco Cable (CCA-T)
September 17, 2018

(A Top Pick Jun 28/17, Down 16%) It was a disappointment. It has a reasonable combination of price, price momentum and he sold it. It still has good return on equity but it missed on earnings due to a problem with integrating a new SAP system. There is always a chance that Rogers takes them in.

DON'T BUY
DON'T BUY
September 5, 2018

This is a sector they are not attracted to presently. There is slow growth in the sector and they hold a fairly high level of debt. In a rising interest rate environment it could create headwinds.

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Cogeco Cable (CCA-T)
September 5, 2018

This is a sector they are not attracted to presently. There is slow growth in the sector and they hold a fairly high level of debt. In a rising interest rate environment it could create headwinds.

PAST TOP PICK
PAST TOP PICK
July 24, 2018

(A Top Pick July 14, 2017. Down 13%). He sold it at a loss. He thinks it might be OK to buy again but his model tells him to wait a bit longer before buying it back.

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Cogeco Cable (CCA-T)
July 24, 2018

(A Top Pick July 14, 2017. Down 13%). He sold it at a loss. He thinks it might be OK to buy again but his model tells him to wait a bit longer before buying it back.

PAST TOP PICK
PAST TOP PICK
March 21, 2018

(A Top Pick July 14/17 Down 14%). This is a great example where you need to trade with a stop loss – he uses a 7-10% stop. Poor earnings, along with a pullback below their stop, resulted in them selling off their holdings.

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Cogeco Cable (CCA-T)
March 21, 2018

(A Top Pick July 14/17 Down 14%). This is a great example where you need to trade with a stop loss – he uses a 7-10% stop. Poor earnings, along with a pullback below their stop, resulted in them selling off their holdings.

COMMENT
COMMENT
December 11, 2017

This has done very, very well over the last couple of years with a lot of the other telecommunication companies. It has always been held out as an acquisition that Rogers (RCI.B-T) has to make to get a hold of Oakville, Burlington area. The company has continued to diversify by buying more US assets. He would Buy Rogers or BCE (BCE-T) instead.

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Cogeco Cable (CCA-T)
December 11, 2017

This has done very, very well over the last couple of years with a lot of the other telecommunication companies. It has always been held out as an acquisition that Rogers (RCI.B-T) has to make to get a hold of Oakville, Burlington area. The company has continued to diversify by buying more US assets. He would Buy Rogers or BCE (BCE-T) instead.

COMMENT
COMMENT
November 14, 2017

He has nothing in particular against this stock, but look at his Top Picks. Dividend yield of 1.8%. (See Top Picks.)

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Cogeco Cable (CCA-T)
November 14, 2017

He has nothing in particular against this stock, but look at his Top Picks. Dividend yield of 1.8%. (See Top Picks.)

BUY
BUY
July 24, 2017

When you compare this to the other cable companies it is obviously better. It has a higher return on capital and is cheaper. Technology is not going away and we are going to need bandwidth. They are cousins of the utilities. This one is at the top of the list of cable companies.

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Cogeco Cable (CCA-T)
July 24, 2017

When you compare this to the other cable companies it is obviously better. It has a higher return on capital and is cheaper. Technology is not going away and we are going to need bandwidth. They are cousins of the utilities. This one is at the top of the list of cable companies.

TOP PICK
TOP PICK
July 14, 2017

Recently acquired some US cable operations. Earnings per share were up 37%, a 4% earnings surprise. Free cash flow was up 113% year over year. Free cash flow yield increased from 6.5% last year to 10.4% this year. Trailing ROE is 21%. PE to growth is .35. Dividend yield of 2.1%. (Analysts’ price target is $82.50.)

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Cogeco Cable (CCA-T)
July 14, 2017

Recently acquired some US cable operations. Earnings per share were up 37%, a 4% earnings surprise. Free cash flow was up 113% year over year. Free cash flow yield increased from 6.5% last year to 10.4% this year. Trailing ROE is 21%. PE to growth is .35. Dividend yield of 2.1%. (Analysts’ price target is $82.50.)

TOP PICK
TOP PICK
June 28, 2017

One of those stocks that hits all the boxes for him. It has strong price momentum, but still has great valuation, scoring in the top 10%. The only business they are not in is wireless. Cheap at 14X earnings and 16X ROE. Reasonably priced on an EV to EBITDA basis. They beat on their recent quarter and have some US growth opportunities with the cash flow that they generate. Dividend yield of 2.2%. (Analysts’ price target is $78.50.)

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Cogeco Cable (CCA-T)
June 28, 2017

One of those stocks that hits all the boxes for him. It has strong price momentum, but still has great valuation, scoring in the top 10%. The only business they are not in is wireless. Cheap at 14X earnings and 16X ROE. Reasonably priced on an EV to EBITDA basis. They beat on their recent quarter and have some US growth opportunities with the cash flow that they generate. Dividend yield of 2.2%. (Analysts’ price target is $78.50.)

DON'T BUY
DON'T BUY
January 5, 2017

His model price is $68.16. If it went down in price he would be a buyer but it trades right on its model price usually.

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Cogeco Cable (CCA-T)
January 5, 2017

His model price is $68.16. If it went down in price he would be a buyer but it trades right on its model price usually.

COMMENT
COMMENT
November 4, 2016

Ranks 262 out of 700 stocks, so kind of a lukewarm ranking. Earnings momentum and cash flow are both negative. Year-over-year cash flow, was down 13% and earnings were down 19%. There are better opportunities elsewhere.

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Cogeco Cable (CCA-T)
November 4, 2016

Ranks 262 out of 700 stocks, so kind of a lukewarm ranking. Earnings momentum and cash flow are both negative. Year-over-year cash flow, was down 13% and earnings were down 19%. There are better opportunities elsewhere.

COMMENT
COMMENT
November 4, 2016

Just reported and the quarter looked sort of OK. There were some areas with good news. The cable business itself was doing very well, but their Internet services for business wasn’t doing so well. On a multiple basis, relative to its competitors, it looks very inexpensive, but wonders if that isn’t for a reason. He doesn’t see any catalyst to drive the stock up. Trading at around 2X book. He would be much more comfortable at 1.5X book. Dividend yield of 2.7%.

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Cogeco Cable (CCA-T)
November 4, 2016

Just reported and the quarter looked sort of OK. There were some areas with good news. The cable business itself was doing very well, but their Internet services for business wasn’t doing so well. On a multiple basis, relative to its competitors, it looks very inexpensive, but wonders if that isn’t for a reason. He doesn’t see any catalyst to drive the stock up. Trading at around 2X book. He would be much more comfortable at 1.5X book. Dividend yield of 2.7%.

SELL
SELL
July 14, 2016

(Market Call Minute.) Sell this and Buy Bell Canada (BCE-T).

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Cogeco Cable (CCA-T)
July 14, 2016

(Market Call Minute.) Sell this and Buy Bell Canada (BCE-T).

COMMENT
COMMENT
March 30, 2016

Thinks valuations across the board are relatively stretched for these companies. Has some secular concerns when it comes to cable and telecommunication businesses, which have kept him out of it. You are going to see a tremendous amount of cord cutting i.e. consumers opting for skinnier cable packages or no cable package. That could significantly pressure pricing in the future.

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Cogeco Cable (CCA-T)
March 30, 2016

Thinks valuations across the board are relatively stretched for these companies. Has some secular concerns when it comes to cable and telecommunication businesses, which have kept him out of it. You are going to see a tremendous amount of cord cutting i.e. consumers opting for skinnier cable packages or no cable package. That could significantly pressure pricing in the future.

Showing 1 to 15 of 61 entries

Cogeco Cable(CCA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Cogeco Cable is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cogeco Cable(CCA-T) Frequently Asked Questions

What is Cogeco Cable stock symbol?

Cogeco Cable is a Canadian stock, trading under the symbol CCA-T on the Toronto Stock Exchange (CCA-CT). It is usually referred to as TSX:CCA or CCA-T

Is Cogeco Cable a buy or a sell?

In the last year, 1 stock analyst published opinions about CCA-T. 1 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Cogeco Cable.

Is Cogeco Cable a good investment or a top pick?

Cogeco Cable was recommended as a Top Pick by James Telfser on 2019-11-14. Read the latest stock experts ratings for Cogeco Cable.

Why is Cogeco Cable stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cogeco Cable worth watching?

1 stock analyst on Stockchase covered Cogeco Cable In the last year. It is a trending stock that is worth watching.

What is Cogeco Cable stock price?

On 2020-04-01, Cogeco Cable (CCA-T) stock closed at a price of $93.7.