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Evertz Technologies Ltd. (ET-T)
TSE:ET
13.72
0.24
(1.72%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Oil climbs, stocks moderately moveBay Street sinks, Wall Street climbsMost Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)This summary was created by AI, based on 3 opinions in the last 12 months.
Evertz Technologies Ltd. (ET-T) has been performing well as reported by different experts. The company has shown strong earnings growth, rising revenue, gross margins, and a record-breaking quarter. The cash reserves are growing, debt is being retired, and shares are being bought back. While the stock is trading at a relatively low P/E ratio, its dividend is growing and backed by a healthy payout ratio. However, there is some concern about long-term growth and consistency in earnings. Overall, the company seems to be in a strong position with potential upside in the near future.
$13.590
Unknown
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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(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.
Evertz Technologies Ltd.(ET-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
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, 3 stock analysts published opinions about ET-T. 2 analysts recommended to BUY the stock. 1 analyst 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?
3 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 2024-04-18, Evertz Technologies Ltd. (ET-T) stock closed at a price of $13.72.
Our PAST TOP PICK with ET has triggered its stop at $13.75. To remain disciplined, we recommend covering the position at this time.