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Evertz Technologies Ltd. (ET-T)
TSE:ET
11.00
0.07
(0.63%) 1d
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Technical Analysis
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Nervous markets await NvidiaThis summary was created by AI, based on 10 opinions in the last 12 months.
Evertz Technologies Ltd. (ET-T) is viewed positively by multiple analysts, primarily for its strong earnings growth and solid dividend, which is particularly attractive given the yield of approximately 6.4% to 6.6%. The company has effectively managed to grow its cash reserves while eliminating debt, thus enabling share buybacks. Analysts note that while Evertz operates in a niche market, it remains a leader in the complex broadcasting sector, supported by a growing order backlog and increasing revenues. Key financial metrics are also favorable, with price-to-earnings ratios ranging from 14x to 17x and a robust return on equity. However, the stock's performance appears volatile, highlighting the uncertainty tied to its transition to a SaaS model, even as it maintains a reliable dividend payout and robust cash position.
We reiterate this Ontario based broadcasting and media platform manufacturer as a TOP PICK. Recently reported earnings grew over 60%, allowing the company to reduce debt, buy back shares and still grow cash reserves. It trades at 17x earnings and supports a 25% ROE. We recommend trailing up the stop (from $10) to $11, looking to achieve $15.50 -- upside potential over 18%. Yield 6.5%
(Analysts’ price target is $15.50)We reiterate this Canadian based provider of software and hardware for the video production industry as a TOP PICK. The company recently reported cash reserves are growing, while debt is retired, shares bought back, and the robust dividend is maintained. Their order backlog is growing, margins are expanding and software revenues are up over 25%. We continue to recommend a stop at $10.00, looking to achieve $15.50 -- upside potential over 25%. Yield 6.5%
(Analysts’ price target is $15.42)We reiterate this developer of HD and Ultra HD broadcast and film industry production software and hardware based in Burlington as a TOP PICK. It trades at 15x earnings and supports a 25% ROE. Recently reported revenues were up over 20% from a year ago with higher margins. We like that cash reserves are growing, while debt is retired and the high dividend yield is maintained. We continue to recommend a stop at $10, looking to achieve $15 -- upside potential of 25%. Yield 6.6%
(Analysts’ price target is $15.42)Last time, he recommended this as a Top Pick. Niche business, but volatile. No debt. Management owns 60% of shares. When cash builds up, they tend to pay $1 extra in dividends. Cash build is approaching that, so if it can't make an acquisition at a good price, you'll probably get that extra dividend in the next 12-19 months.
The stock is down because of it moving its business model to SaaS. This basically means that instead of making a big sale up front, the income switches to monthly payments. It generates cash, has no debt and pays a dividend. There are two main owners, each one owning 37 to 38% of the company so there are no bad calls. It has traded at $12 to$17 over the years. Buy 3 Hold 0 Sell 0
(Analysts’ price target is $17.17)ET is a leader in software designed for video creation. It recently reported a 10% increase in net income over the year. Their order backlog of $295 million is equal to just under 10 months of shipments. It trades at 14x earnings and supports a 27% ROE. We recommend setting a stop-loss at $10, looking to achieve $17 -- upside potential of 26%. Yield 6.3%
(Analysts’ price target is $17.17)Following recently reported earnings growth per share of 50% on rising revenue and gross margins, we select ET as a TOP PICK. We like that cash reserves are growing, while debt is retired and shares bought back. The designer of audio and video infrastructure for media trades at 15x earnings and supports a 30% ROE. It has a growing dividend, backed by a payout ratio under 80% of cash flow. We recommend setting a stop-loss at $13.75, looking to achieve $18 — upside potential of 18%. Yield 5.2%
(Analysts’ price target is $18.00)EPS of 24c beat estimates of 22c. Revenue of $135M beat estimates by ~8%. EBITDA of $30M beat by 7%. Revenue rose 22%, with international up 38%. The quarter was a record. Net earnings rose 48%. Net cash is $40M. With nice growth and only at 14X earnings, a valuation bump is possible, moreso if rates fall. It was certainly a strong quarter. We might set an $18 target here.
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EPS of 20c missed estimates of 22.5c. Sales of $125.8M beat estimates of $120.5M. Sales and earnings rose nicely. Cash is now $27M. It was a decent quarter, but there has been no long-term growth here. Even with a bounce this year, EPS will be slightly lower than it was in 2016. The stock is cheap because of this, but mostly only trades for its dividend. Investors need to see some consistent growth. The quarter was a good start but does not yet make a trend.
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Evertz Technologies Ltd.(ET-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Evertz Technologies Ltd.(ET-T) Frequently Asked Questions
What is Evertz Technologies Ltd. stock symbol?
Evertz Technologies Ltd. is a Canadian stock, trading under the symbol ET-T on the Toronto Stock Exchange (ET-CT). It is usually referred to as TSX:ET or ET-T
Is Evertz Technologies Ltd. a buy or a sell?
In the last year, 4 stock analysts published opinions about ET-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Evertz Technologies Ltd..
Is Evertz Technologies Ltd. a good investment or a top pick?
Evertz Technologies Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Evertz Technologies Ltd..
Why is Evertz Technologies Ltd. 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 Evertz Technologies Ltd. worth watching?
4 stock analysts on Stockchase covered Evertz Technologies Ltd. In the last year. It is a trending stock that is worth watching.
What is Evertz Technologies Ltd. stock price?
On 2025-03-13, Evertz Technologies Ltd. (ET-T) stock closed at a price of $11.
A 3% position for him because of the nice dividend, sometimes a special dividend. No debt, cash is accumulating, might be considering acquisitions. Will continue to be a leader in more complicated broadcasting. Sales are lumpy. Yield is 6.4%.