
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.
We would be OK holding this for income, but it is still a relatively slow-growth name with 'chunky' revenues. We would not expect huge gains here but the dividend flow is nice.
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It is held very tightly by its two founders who own over half. It is in the telecommunications space involving television streaming over the Internet and has a nice niche in this market.They are big investors in new technology. Pays a 6% yield and every 3 or 4 years a special dividend of as much as 10% of its capitalization.
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)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. is a Canadian stock, trading under the symbol ET.TO (previously ET-T on Stockchase) on the Toronto Stock Exchange (ET-CT). It is usually referred to as TSX:ET or ET.TO
In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on ET.TO (previously ET-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Evertz Technologies Ltd..
Evertz Technologies Ltd. was recommended as a Top Pick by Stockchase Insights on 2023-09-13. Read the latest stock experts ratings for Evertz Technologies Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Evertz Technologies Ltd..
Evertz Technologies Ltd. is followed by 76 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-10, Evertz Technologies Ltd. (ET.TO) stock closed at a price of $17.69.
They have $500 million in sales and no debt. Pays a nice 5% dividend plus a special one at the end of the year. Are a market leader. 10% of their business was defence last year. Sees big upside.
(Analysts’ price target is $17.75)