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Stingray Group TSX:RAY.A Stock Report

Last Price

CA$7.41

Market Cap

CA$505.6m

7D

-5.0%

1Y

35.0%

Updated

20 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Stingray Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Stingray Group
Historical stock prices
Current Share PriceCA$7.41
52 Week HighCA$8.54
52 Week LowCA$5.47
Beta1.11
1 Month Change-10.18%
3 Month Change3.35%
1 Year Change34.97%
3 Year Change8.33%
5 Year Change5.26%
Change since IPO2.21%

Recent News & Updates

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Nov 09
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Recent updates

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Nov 09
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Aug 10
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Jun 11
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

May 21
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Apr 25
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 23
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Feb 16
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Jan 24
Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Nov 17
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Nov 07
Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Aug 27
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Aug 13
Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

May 07
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 28
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Feb 12
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Nov 26
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Aug 24
Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Aug 07
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Shareholder Returns

RAY.ACA MediaCA Market
7D-5.0%-4.6%-2.6%
1Y35.0%18.5%15.2%

Return vs Industry: RAY.A exceeded the Canadian Media industry which returned 17.4% over the past year.

Return vs Market: RAY.A exceeded the Canadian Market which returned 15% over the past year.

Price Volatility

Is RAY.A's price volatile compared to industry and market?
RAY.A volatility
RAY.A Average Weekly Movement3.9%
Media Industry Average Movement16.7%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: RAY.A has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: RAY.A's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,000Eric Boykowww.stingray.com

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres. It also offers Stingray Naturescape and ZenLIFE by Stingray, are channels in 4K resolution; Stingray Holidayscapes, a channel that delivers all-day linear content; Ultimate Trivia by Stingray, a channel that provides a stream of questions in various categories and themes; and Stingray Karaoke, a video on demand and TV app.

Stingray Group Inc. Fundamentals Summary

How do Stingray Group's earnings and revenue compare to its market cap?
RAY.A fundamental statistics
Market capCA$505.59m
Earnings (TTM)-CA$24.14m
Revenue (TTM)CA$366.60m

1.4x

P/S Ratio

-20.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAY.A income statement (TTM)
RevenueCA$366.60m
Cost of RevenueCA$243.97m
Gross ProfitCA$122.63m
Other ExpensesCA$146.77m
Earnings-CA$24.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin33.45%
Net Profit Margin-6.58%
Debt/Equity Ratio147.7%

How did RAY.A perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-85%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Stingray Group Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim CaseyBMO Capital Markets Equity Research
Aravinda GalappatthigeCanaccord Genuity
Scott FletcherCIBC Capital Markets