
TSE:ET
This summary was created by AI, based on 2 opinions in the last 12 months.
Evertz Technologies Ltd. (ET-T) operates in the telecommunications sector, specifically focusing on internet television streaming, where it has developed a strong niche. The company is tightly held by its founders, who control over half of the shares, which indicates a commitment to the long-term growth and stability of the organization. While the company is not expected to deliver massive gains in terms of capital appreciation due to its relatively slow growth profile, it does offer a robust dividend yield of around 6%. Additionally, Evertz has a history of providing special dividends every few years that can reach up to 10% of its market capitalization, providing income-focused investors with an attractive value proposition. Overall, it appears to be a stable investment for those seeking consistent income rather than explosive growth.
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, 2 stock analysts published opinions about ET.TO (previously ET-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is WATCH. Read the latest stock experts' ratings for Evertz Technologies Ltd..
Evertz Technologies Ltd. was recommended as a Top Pick by Kim Bolton on 2021-12-29. 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 help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Evertz Technologies Ltd. in the last year. It is a trending stock that is worth watching.
On 2026-06-02, Evertz Technologies Ltd. (ET.TO) stock closed at a price of $16.54.
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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