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Stingray Group TSX:RAY.B Stock Report

Last Price

CA$7.37

Market Cap

CA$532.6m

7D

-7.9%

1Y

27.0%

Updated

15 Apr, 2024

Data

Company Financials +

RAY.B Stock Overview

Stingray Group Inc. operates as a music, media, and technology company worldwide.

RAY.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health3/6
Dividends3/6

Stingray Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Stingray Group
Historical stock prices
Current Share PriceCA$7.37
52 Week HighCA$8.02
52 Week LowCA$4.35
Beta1.11
1 Month Change-3.09%
3 Month Change18.79%
1 Year Change26.98%
3 Year Change-5.58%
5 Year Change10.59%
Change since IPO-1.54%

Recent News & Updates

Recent updates

Shareholder Returns

RAY.BCA MediaCA Market
7D-7.9%-6.0%-2.2%
1Y27.0%-19.3%3.9%

Return vs Industry: RAY.B exceeded the Canadian Media industry which returned -17.1% over the past year.

Return vs Market: RAY.B exceeded the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is RAY.B's price volatile compared to industry and market?
RAY.B volatility
RAY.B Average Weekly Movement6.6%
Media Industry Average Movement11.0%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.2%

Stable Share Price: RAY.B has not had significant price volatility in the past 3 months.

Volatility Over Time: RAY.B's weekly volatility (7%) 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 offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio. It also provides Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Stingray Classica, a TV channel dedicated to classical music, including operas, ballets, concerts, and documentaries; Stingray iConcerts, a source for various live concerts; and Stingray DJAZZ, a TV channel dedicated to jazz and jazz-related genres, such as soul, blues, funk, gospel, hip-hop, fusion, reggae, Latin, swing, and bebop.

Stingray Group Inc. Fundamentals Summary

How do Stingray Group's earnings and revenue compare to its market cap?
RAY.B fundamental statistics
Market capCA$532.56m
Earnings (TTM)CA$37.02m
Revenue (TTM)CA$340.69m

14.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAY.B income statement (TTM)
RevenueCA$340.69m
Cost of RevenueCA$222.39m
Gross ProfitCA$118.31m
Other ExpensesCA$81.28m
EarningsCA$37.02m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin34.73%
Net Profit Margin10.87%
Debt/Equity Ratio127.3%

How did RAY.B perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

56%

Payout Ratio

Does RAY.B pay a reliable dividends?

See RAY.B dividend history and benchmarks
When do you need to buy RAY.B by to receive an upcoming dividend?
Stingray Group dividend dates
Ex Dividend DateMay 31 2024
Dividend Pay DateJun 14 2024
Days until Ex dividend45 days
Days until Dividend pay date59 days

Does RAY.B pay a reliable dividends?

See RAY.B dividend history and benchmarks
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