Stingray Group Future Growth
Future criteria checks 4/6
Stingray Group is forecast to grow earnings and revenue by 69.4% and 4.9% per annum respectively.
Key information
69.4%
Earnings growth rate
n/a
EPS growth rate
Media earnings growth | 13.1% |
Revenue growth rate | 4.9% |
Future return on equity | 22.8% |
Analyst coverage | Good |
Last updated | 23 Oct 2024 |
Recent future growth updates
Recent updates
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Aug 10Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?
Jun 11Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
May 21Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
Apr 25Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 23Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Feb 16Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?
Jan 24Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Nov 17Is Stingray Group (TSE:RAY.A) Using Too Much Debt?
Nov 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Aug 27Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075
Aug 13Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
May 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 28Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Feb 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Nov 26Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075
Aug 24Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Aug 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
May 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 19Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 05Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2027 | 398 | 72 | 86 | 112 | 1 |
3/31/2026 | 393 | 62 | 88 | 110 | 6 |
3/31/2025 | 374 | 50 | 78 | 95 | 6 |
6/30/2024 | 356 | -21 | 91 | 105 | N/A |
3/31/2024 | 345 | -14 | 104 | 119 | N/A |
12/31/2023 | 341 | 37 | 87 | 102 | N/A |
9/30/2023 | 330 | 41 | 79 | 96 | N/A |
6/30/2023 | 325 | 35 | 79 | 95 | N/A |
3/31/2023 | 324 | 30 | 71 | 87 | N/A |
12/31/2022 | 318 | 30 | 67 | 82 | N/A |
9/30/2022 | 303 | 30 | 67 | 82 | N/A |
6/30/2022 | 297 | 38 | 68 | 84 | N/A |
3/31/2022 | 283 | 33 | 67 | 84 | N/A |
12/31/2021 | 269 | 41 | 69 | 86 | N/A |
9/30/2021 | 266 | 42 | 61 | 78 | N/A |
6/30/2021 | 260 | 42 | 67 | 83 | N/A |
3/31/2021 | 248 | 45 | 91 | 104 | N/A |
12/31/2020 | 258 | 25 | 80 | 94 | N/A |
9/30/2020 | 266 | 19 | 93 | 106 | N/A |
6/30/2020 | 279 | 12 | 87 | 100 | N/A |
3/31/2020 | 307 | 14 | 74 | 88 | N/A |
12/31/2019 | 311 | 26 | 78 | 92 | N/A |
9/30/2019 | 301 | 0 | 61 | 77 | N/A |
6/30/2019 | 259 | -4 | 46 | 64 | N/A |
3/31/2019 | 213 | -12 | 24 | 45 | N/A |
12/31/2018 | 174 | -11 | 15 | 37 | N/A |
9/30/2018 | 138 | 8 | 10 | 30 | N/A |
6/30/2018 | 135 | 3 | 9 | 27 | N/A |
3/31/2018 | 130 | 2 | N/A | 19 | N/A |
12/31/2017 | 122 | 2 | N/A | 20 | N/A |
9/30/2017 | 113 | 4 | N/A | 19 | N/A |
6/30/2017 | 107 | 9 | N/A | 19 | N/A |
3/31/2017 | 102 | 11 | N/A | 23 | N/A |
12/31/2016 | 101 | 9 | N/A | 20 | N/A |
9/30/2016 | 98 | 10 | N/A | 20 | N/A |
6/30/2016 | 95 | 18 | N/A | 18 | N/A |
3/31/2016 | 90 | 14 | N/A | 19 | N/A |
12/31/2015 | 84 | 13 | N/A | 13 | N/A |
9/30/2015 | 79 | 11 | N/A | 12 | N/A |
6/30/2015 | 75 | 4 | N/A | 11 | N/A |
3/31/2015 | 71 | 7 | N/A | 10 | N/A |
3/31/2014 | 60 | 9 | N/A | 13 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAY.A is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: RAY.A is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RAY.A is expected to become profitable in the next 3 years.
Revenue vs Market: RAY.A's revenue (4.9% per year) is forecast to grow slower than the Canadian market (7.2% per year).
High Growth Revenue: RAY.A's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAY.A's Return on Equity is forecast to be high in 3 years time (22.8%)