Should I buy or sell Evertz Technologies stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Evertz Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ET shares. View ET analyst ratings or view top-rated stocks .

What is Evertz Technologies' stock price target for 2024?

1 Wall Street research analysts have issued 12 month price objectives for Evertz Technologies' shares. Their ET share price targets range from C$16.00 to C$17.00. On average, they anticipate the company's stock price to reach C$16.50 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View analysts price targets for ET or view top-rated stocks among Wall Street analysts .

How have ET shares performed in 2024?

Evertz Technologies' stock was trading at C$13.93 at the start of the year. Since then, ET stock has decreased by 1.9% and is now trading at C$13.66. View the best growth stocks for 2024 here .

When is Evertz Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024. View our ET earnings forecast .

How were Evertz Technologies' earnings last quarter?

Evertz Technologies Limited (TSE:ET) released its earnings results on Thursday, March, 14th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.03. The company earned $135.28 million during the quarter. Evertz Technologies had a trailing twelve-month return on equity of 30.20% and a net margin of 14.37%.

How often does Evertz Technologies pay dividends? What is the dividend yield for Evertz Technologies?

Evertz Technologies announced a quarterly dividend on Thursday, March 14th. Investors of record on Thursday, March 21st will be paid a dividend of 0.195 per share on Friday, March 29th. This represents a $0.78 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Wednesday, March 20th. Read our dividend analysis for ET .

Is Evertz Technologies a good dividend stock?

Evertz Technologies (TSE:ET) pays an annual dividend of C$0.78 per share and currently has a dividend yield of 5.16%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ET .

What other stocks do shareholders of Evertz Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evertz Technologies investors own include Intelsat (I) , Inter Pipeline (IPL) , Metro (MRU) , Brookfield Infrastructure Partners (BIP.UN) , Corus Entertainment (CJR.B) , (CXRX) (CXRX) , Exchange Income (EIF) , Enbridge (ENB) , CGI (GIB.A) and

How do I buy shares of Evertz Technologies?

Shares of ET stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ET

Evertz Technologies (ET) Stock Price, News & Analysis

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Free ET Stock Alerts

C$13.66

-0.30 (-2.15%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$13.53
▼
C$14.14
50-Day Range: C$13.66
▼
C$15.20
52-Week Range: C$10.62
▼
C$15.45

Volume: 21,813 shs
Average Volume: 20,713 shs
Market Capitalization: C$1.04 billion

P/E Ratio: 14.08
Dividend Yield: 5.71%
Price Target: C$16.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Evertz Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 20.8% Upside
C$16.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Evertz Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Evertz Technologies has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ET.

1.7

Dividend Strength

Dividend Leadership
Evertz Technologies is a leading dividend payer. It pays a dividend yield of 5.16%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Evertz Technologies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Evertz Technologies is 80.41%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ET.

2.0

News and Social Media Coverage

News Sentiment
Evertz Technologies has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
Search Interest
Only 180 people have searched for ET on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Evertz Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
64.52% of the stock of Evertz Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 7.34% of the stock of Evertz Technologies is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Evertz Technologies is 14.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Evertz Technologies is 14.08, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 260.69.
Price to Earnings Growth Ratio
Evertz Technologies has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Evertz Technologies has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Evertz Technologies Stock (TSE:ET)

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions. It also provides video encoders, decoders, and multiplexing products comprising encoders/transcoders, decoders, multiplexers, monitoring and auto-changeover products, and enterprise products; fiber transport products; and audio consoles and processing products, such as mixing consoles, routing and I/O products, summing and processing products, and IP audio gateways. In addition, the company offers asset management and playout products, consisting of asset management, ingest, playout and branding, and transcoding/conforming products; live media production products; routers; flexible media processing products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides USB media recording products; multiviewers comprising IP and SDI multiviewers, MVP, and accessories; RF products; timing and synchronization products; and infrastructure and conversion products. The company serves content creators, broadcasters, specialty channels, and television service providers. Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

ET Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ET Stock News Headlines

April 11, 2024 | americanbankingnews.com

Evertz Technologies (TSE:ET) Stock Price Crosses Above 200 Day Moving Average of $13.64

April 2, 2024 | msn.com

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April 1, 2024 | finance.yahoo.com

Evertz Technologies' (TSE:ET) investors will be pleased with their notable 41% return over the last year

March 21, 2024 | seekingalpha.com

ET:CA Evertz Technologies Limited

March 18, 2024 | finance.yahoo.com

Evertz Technologies (TSE:ET) Will Pay A Dividend Of CA$0.195

March 16, 2024 | seekingalpha.com

Evertz Technologies Limited (EVTZF) Q3 2024 Earnings Call Transcript

March 16, 2024 | finance.yahoo.com

Evertz Technologies Third Quarter 2024 Earnings: Beats Expectations

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 16, 2024 | finance.yahoo.com

Evertz Technologies (TSE:ET) Ticks All The Boxes When It Comes To Earnings Growth

March 13, 2024 | msn.com

TSX Communications in March 2024: The Best Stocks to Buy Right Now

March 1, 2024 | finance.yahoo.com

We Like Evertz Technologies' (TSE:ET) Returns And Here's How They're Trending

February 16, 2024 | wsj.com

Evertz Technologies Ltd.

February 6, 2024 | finance.yahoo.com

Should You Investigate Evertz Technologies Limited (TSE:ET) At CA$14.41?

January 30, 2024 | finance.yahoo.com

Evertz Technologies Limited (ET.TO)

January 18, 2024 | theglobeandmail.com

Closing Bell: Evertz Technologies Ltd flat on Thursday (ET)

December 14, 2023 | finance.yahoo.com

Is There An Opportunity With Evertz Technologies Limited's (TSE:ET) 45% Undervaluation?

December 9, 2023 | morningstar.com

Evertz Technologies Ltd ET

December 7, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - ET

December 6, 2023 | msn.com

Evertz Technologies GAAP EPS of C$0.29, revenue of C$130.75M

December 6, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - ET

December 6, 2023 | finance.yahoo.com

Evertz Technologies Reports Record Quarterly Revenue of $131 Million in the Second Quarter Ended October 31, 2023

December 6, 2023 | markets.businessinsider.com

Bay Street Likely To Open On Cautious Note; BoC Rate Decision In Focus

December 5, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Evertz Technologies's earnings

November 30, 2023 | finance.yahoo.com

Owning 66% in Evertz Technologies Limited (TSE:ET) means that insiders are heavily invested in the company's future

November 28, 2023 | tmcnet.com

Wohler makes the Evertz Quartz Protocol available for their iAM-SUM audio monitors & iVAM-SUM AV monitors

November 24, 2023 | finance.yahoo.com

Evertz Technologies Limited to Announce Second Quarter 2024 Results on December 6, 2023

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Ex-Dividend for 3/29 Dividend: 3/20/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Communication Equipment
Sub-Industry: N/A
Current Symbol: TSE:ET
CUSIP: N/A
CIK: N/A
Web: www.evertz.com
Phone: +1-905-3353700
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$16.50
High Stock Price Target: C$17.00
Low Stock Price Target: C$16.00
Potential Upside/Downside: +20.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.97
Trailing P/E Ratio: 14.08
Forward P/E Ratio: 12.48
P/E Growth: 0.79
Net Income: C$74.83 million
Net Margins: 14.37%
Pretax Margin: N/A
Return on Equity: 30.20%
Return on Assets: 15.66%

Debt

Debt-to-Equity Ratio: 8.63
Current Ratio: 2.05
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: C$520.76 million
Price / Sales: 2.00
Cash Flow: C$0.52 per share
Price / Cash Flow: 26.44
Book Value: C$3.42 per share
Price / Book: 3.99

Miscellaneous

Outstanding Shares: 76,060,000
Free Float: N/A
Market Cap: C$1.04 billion
Optionable: Not Optionable
Beta: 0.81

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Key Executives

Mr. Douglas A. DeBruin C.A. (Age 61)
CPA, Executive Chairman & Executive VP of Administration
Comp: $1.34M
Mr. Romolo Magarelli (Age 57)
President, CEO & Director
Comp: $1.36M
Mr. Douglas Moore
CFO & Secretary
Mr. Rakesh Patel (Age 52)
CTO & Director
Comp: $1.01M
Mr. Vince Silvestri
Vice-President of Software Systems
Mr. Daniel Turow
SVP of Media Distribution & CIO
Mr. Simon Reed (Age 60)
Managing Director of Evertz UK
Comp: $248.39k
Mr. Brian Scott Campbell (Age 62)
Executive Vice-President of Business Development
Comp: $750k
Ms. Antoniella Assalone
Controller
Mr. Eric Fankhauser (Age 60)
Vice President of Product Development
Comp: $800k

Key Competitors

View All Competitors

ET Stock Analysis - Frequently Asked Questions

Should I buy or sell Evertz Technologies stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Evertz Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ET shares.
View ET analyst ratings or view top-rated stocks.
What is Evertz Technologies' stock price target for 2024?: 1 Wall Street research analysts have issued 12 month price objectives for Evertz Technologies' shares. Their ET share price targets range from C$16.00 to C$17.00. On average, they anticipate the company's stock price to reach C$16.50 in the next year. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for ET or view top-rated stocks among Wall Street analysts.
How have ET shares performed in 2024?: Evertz Technologies' stock was trading at C$13.93 at the start of the year. Since then, ET stock has decreased by 1.9% and is now trading at C$13.66.
View the best growth stocks for 2024 here.
When is Evertz Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024.
View our ET earnings forecast.
How were Evertz Technologies' earnings last quarter?: Evertz Technologies Limited (TSE:ET) released its earnings results on Thursday, March, 14th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.03. The company earned $135.28 million during the quarter. Evertz Technologies had a trailing twelve-month return on equity of 30.20% and a net margin of 14.37%.

How often does Evertz Technologies pay dividends? What is the dividend yield for Evertz Technologies?: Evertz Technologies announced a quarterly dividend on Thursday, March 14th. Investors of record on Thursday, March 21st will be paid a dividend of 0.195 per share on Friday, March 29th. This represents a $0.78 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Wednesday, March 20th.
Read our dividend analysis for ET.
Is Evertz Technologies a good dividend stock?: Evertz Technologies (TSE:ET) pays an annual dividend of C$0.78 per share and currently has a dividend yield of 5.16%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.41%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ET.
What other stocks do shareholders of Evertz Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Evertz Technologies investors own include Intelsat (I), Inter Pipeline (IPL), Metro (MRU), Brookfield Infrastructure Partners (BIP.UN), Corus Entertainment (CJR.B), (CXRX) (CXRX), Exchange Income (EIF), Enbridge (ENB), CGI (GIB.A) and
How do I buy shares of Evertz Technologies?: Shares of ET stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ET) was last updated on 4/19/2024 by MarketBeat.com Staff

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Evertz Technologies (ET) Stock Price, News & Analysis

Evertz Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Earnings and Valuation

About Evertz Technologies Stock (TSE:ET)

ET Stock Price History

ET Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ET Stock Analysis - Frequently Asked Questions

Overall MarketRank^™