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This summary was created by AI, based on 1 opinions in the last 12 months.

Stingray Digital Group Inc. (RAY.A-T) is a fairly illiquid stock with a concentration of two-thirds of its business in Canada. Despite this, it is a profitable company that pays a 6.6% dividend and has high price targets, indicating potential for growth. However, there is a potential risk if song royalties rise. Overall, experts are watching the stock closely due to its profitability and potential runway for growth.

Fair Value

Is fairly illiquid, but profitable and pays a 6.6% dividend. Price targets are high, so there's a runway ahead. But two-thirds of the business is concentrated in Canada, and a big risk is if song royalties rise. It's profitable though. He's watching it.

Pleasantly surprised with the business fundamentals. Aspects of their business are growing. Very undemanding valuation. Continue to hold. It's on his watch list.
They bought Newfoundland Capital. It is a radio operator now. Debt is high but they keep increasing their dividend. People see them as background music in a retail environment. It is an okay stock and he would like it a lot better with a lot less debt.
(A Top Pick Aug 08/18, Down 17%) They just increased their dividend and will keep raising it, but they get no investor love. They carry a lot of debt, but it should decline as they generate cash flow.

It is a very cheap company. They are in the passive music business like a radio station. They are very different to Spotify. They are in a slower growth industry. They are buying up radio-station-like businesses. The big growth recently was buying a radio station out east. Don't expect it to expand to a ten times multiple. He would want momentum to come back to the name.

They make digital music playlists. Earnings are expected to grow by 44% and a PE of 8 times. The ROE is 23%. Payout 40%, so the dividend looks sustainable. Yield 4%
He used to like it. It is a music service company. They were going to use their cash to purchase radio stations. He thinks radio will go the way of newspapers. It does not interest him. It was a nice stable cash cow and they should have built a growth business.
He used own this music streaming business. After the raise in cash flow was directed to buying radio stations he got out. It is no longer of interest to him as these businesses do not make money.

A Top Pick August 21/2017, Up 9%) Pays a small dividend. Make a radio station acquisition he didn’t like, so he exited. Could be interesting for dividend growth.


This music media company produces music for cable companies. It trades at only 13 times earnings and could easily trade at higher multiples. They just bought a radio company that will be very accretive to earnings. The dividend has been increasing steadily. They have over 400 million users in over 156 different countries. Yield 2.6%. (Analysts’ price target is $11.64)


Music on your cable box. They put up a good quarter recently and raised their dividend. There is insider trading. It is going to become a street darling. It is somewhat illiquid. (Analysts’ target: $10.00).

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Stingray Digital Group Inc.(RAY.A-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Stingray Digital Group Inc. 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.

Stingray Digital Group Inc.(RAY.A-T) Frequently Asked Questions

What is Stingray Digital Group Inc. stock symbol?

Stingray Digital Group Inc. is a Canadian stock, trading under the symbol RAY.A-T on the Toronto Stock Exchange (RAY.A-CT). It is usually referred to as TSX:RAY.A or RAY.A-T

Is Stingray Digital Group Inc. a buy or a sell?

In the last year, there was no coverage of Stingray Digital Group Inc. published on Stockchase.

Is Stingray Digital Group Inc. a good investment or a top pick?

Stingray Digital Group Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Stingray Digital Group Inc..

Why is Stingray Digital Group Inc. 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 Stingray Digital Group Inc. worth watching?

0 stock analysts on Stockchase covered Stingray Digital Group Inc. In the last year. It is a trending stock that is worth watching.

What is Stingray Digital Group Inc. stock price?

On 2024-05-17, Stingray Digital Group Inc. (RAY.A-T) stock closed at a price of $7.43.