Analysts See $0.80 EPS for Rogers Communications Inc. (USA) (RCI)

September 17, 2017 - By Stephen Andrade

 Analysts See $0.80 EPS for Rogers Communications Inc. (USA) (RCI)
Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.08, from 0.89 in 2016Q3. It is positive, as 27 investors sold Rogers Communications Inc. (USA) shares while 75 reduced holdings. 22 funds opened positions while 77 raised stakes. 248.10 million shares or 2.87% less from 255.42 million shares in 2016Q3 were reported.
Barclays Public Ltd Com reported 0% of its portfolio in Rogers Communications Inc. (USA) (NYSE:RCI). Ahl Prns Llp holds 0.06% or 48,610 shares. Commerzbank Aktiengesellschaft Fi holds 170,421 shares or 0.1% of its portfolio. Voya Management Lc stated it has 10,443 shares or 0% of all its holdings. Cap Rech Investors reported 0% of its portfolio in Rogers Communications Inc. (USA) (NYSE:RCI). 893,916 were accumulated by Credit Suisse Ag. M&T Comml Bank Corp holds 87,034 shares or 0.02% of its portfolio. Fmr Limited Com holds 25.01M shares. Blue Chip Prtn reported 3,667 shares. Commercial Bank Of Nova Scotia invested in 557,167 shares or 2.46% of the stock. Hexavest Inc holds 684,993 shares or 0.51% of its portfolio. Bluecrest Capital Mgmt Ltd accumulated 76,721 shares. Blackrock Invest Mngmt Llc holds 0.06% or 1.32M shares. Scotia accumulated 0.97% or 1.57 million shares. Envestnet Asset Mngmt Inc reported 0% of its portfolio in Rogers Communications Inc. (USA) (NYSE:RCI).

Wall Street await Rogers Communications Inc. (USA) (NYSE:RCI) to release earnings on October, 16. Analysts forecast EPS of $0.80, up exactly $0.20 or 33.33 % from 2014’s $0.6 EPS. The expected RCI’s profit could reach $411.44M giving the stock 16.18 P/E in the case that $0.80 earnings per share is reported. After posting $0.74 EPS for the previous quarter, Rogers Communications Inc. (USA)’s analysts now forecast 8.11 % EPS growth. The stock increased 0.35% or $0.18 on September 15, reaching $51.76. About 323,055 shares traded or 16.25% up from the average. Rogers Communications Inc. (USA) (NYSE:RCI) has risen 20.75% since September 17, 2016 and is uptrending. It has outperformed by 4.05% the S&P500.

Rogers Communications Inc. (USA) (NYSE:RCI) Ratings Coverage

Among 7 analysts covering Rogers Comms (NYSE:RCI), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Rogers Comms had 10 analyst reports since October 9, 2015 according to SRatingsIntel. Macquarie Research upgraded the stock to “Outperform” rating in Tuesday, October 20 report. The firm earned “Buy” rating on Friday, December 11 by TD Securities. IBC downgraded Rogers Communications Inc. (USA) (NYSE:RCI) on Wednesday, April 5 to “Sector Perform” rating. On Monday, January 9 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. As per Friday, October 14, the company rating was maintained by Barclays Capital. As per Friday, October 9, the company rating was upgraded by IBC. Morgan Stanley downgraded the shares of RCI in report on Thursday, December 17 to “Equal-Weight” rating. The firm has “Neutral” rating given on Friday, December 4 by Goldman Sachs.

Rogers Communications Inc. is a communications and media company. The company has market cap of $26.62 billion. The Firm provides wireless communications services, and cable television, Internet, information technology and telephony services to clients and businesses. It has a 32.02 P/E ratio. The Company’s divisions include Wireless, Cable, Business Solutions and Media.

More notable recent Rogers Communications Inc. (USA) (NYSE:RCI) news were published by: Fool.ca which released: “Why Rogers Communications Inc. Rose Over 1% on Thursday” on July 21, 2017, also Fool.ca with their article: “Rogers Communications Inc. Posts Strong Q2 Earnings” published on July 22, 2017, Fool.ca published: “Rogers Communications Inc. Posts Impressive Earnings Results” on April 19, 2017. More interesting news about Rogers Communications Inc. (USA) (NYSE:RCI) were released by: Fool.ca and their article: “Move Over Rogers Communications Inc.: There’s a New Game in Town” published on July 24, 2017 as well as Fool.ca‘s news article titled: “Rogers Communications Inc.: $525 Million Write-off Gives Canadian Tech a Bad Name” with publication date: December 19, 2016.

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