Latest Analysis: Evertz Technologies

Vector background with stock market candlesticks chart. Forex trading creative design. Candlestick graph illustration for trade analytics — Stock Vector

Image Source: DepositPhotos

Evertz Technologies Ltd (EVTZF) is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries.

Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

 Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

Three key data points gauge Evertz or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns.

Those three basic keys best tell whether any company has made, is making, and will make money.

 

EVTZF Price

Over the past year, Evertz share price rose over 17% from $8.50 to $9.95 as of Friday’s market close.

If Evertz Technologies shares trade in the range of $8.00 to $12.00 this next year, its recent $9.95 share price might rise to $11.40 by next year. Of course, Evertzs price could drop about the same $1.45 estimated amount, or more.

My annual upside estimate of $1.45 however, is about in line with the average of Evertz’s one year stock price upsides over the past four years.

 

Evertz Dividend

Evertz Technologies Ltd  has paid variable quarterly dividends since January 2008. Evertz’s most recent Q dividend of $0.14 was declared March 14th for shareholders of record March 20th and the payout was made March 29th.

A forward looking $0.57 annual dividend yields 5.78% at Friday’s $9.95 share price.

 

EVTZF Returns

To put it all together, add the Evertz estimated annual dividend of $0.57 to the estimated price upside of $1.45 to find a $2.02 estimated gross gain for the coming year.

At Friday’s $9.95 price, a little over $1000 would buy 101 shares. A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.10 per share.

Subtracting that likely $0.10 brokerage cost from the $2.02 gross gain reveals a net gain of $1.91 X 101 shares = $192.91 for  a 19.3% estimated net gain on the year.

You might choose to pounce on Evertz Technologies Ltd.  The estimated $57.80 annual dividend income from $1k invested is over 5.75 times greater than Evertz’s recent $9.95 share price.

The exact track of Evertz Technologies Ltd ongoing future price and dividend will entirely be determined by market action.

Remember, the true value of any stock is best realized through personal ownership of shares.


More By This Author:

Current Analysis: PT Astra International
Current Analysis: Kingfisher
Current Analysis: International Paper

Disclaimer:   This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with