Stock Evaluation Company Description: Cogeco Cogeco Communications Inc. is a telecommunications company. Through its business units Cogeco Connexion and Breezeline, it provides Internet, video and phone services in the provinces of Quebec and Ontario, as well as in 13 states in the United States. The Company’s segments include Canadian telecommunications and American telecommunications. The Canadian telecommunications activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario. The American telecommunications activities are carried out by Breezeline in 13 states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. It provides its residential and small business customers with Internet, video and telephony services through its two-way broadband cable network. It provides a range of Internet, video and phone services primarily to residential customers and business services across their coverage areas. Checklist items (2023_12_14) A growing marketplace: yes Expanding: yes Profit Margin: 14.01%
Earnings increase each year through the 5 year span: not quite Earnings compound rate growth over the 5 year span: 1.0% 5 Year earnings as a % of the present market stock price: 73.6% Growth rate (1.0%) > P/E (7.0%): no
Phase: Maturing Growth Dividend: 5.91% Global: no - Canada only
Directors buying/selling shares: no Company buying/selling shares: no
Algorithm results: Suncor In the last 3 years its revenue was $8.40, $9.09 & $8.75 This year it is projected to make $8.06 (estimates decreasing) Next year it is projected to make $8.28 (estimates decreasing)
Algorithm projected EPS growth rate for next 5 years: 10% Algorithm projected P/E for next 5 years: 12x
Algorithm projected market price in 5 years: $183.05 Algorithm project growth percentage over 5 years: 216% Does the stock meet our projected CAGR of 14.4% (ie: double in 5years): yes
Buy price to meet projected 15% growth rate: $91.01 Buy price to meet projected 20% growth rate: $73.56 Buy price on 2023_12_14: $57.88
Cons: Only based in Canada Decreasing earning estimates Choppy annual earnings over 5 years