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Stingray Group, Inc. (TSE:RAY)
TSX:RAY
RAY Stock Chart & Stats
C$16.01
C$0.09(1.22%)
At close: 4:00 PM EST
C$16.01
C$0.09(1.22%)
Day’s Range― - ―
52-Week RangeC$7.35 - C$18.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)34.56K
Market Cap
C$902.07M
Enterprise ValueC$1.50B
Total Cash (Recent Filing)C$15.14M
Total Debt (Recent Filing)C$358.37M
Price to Earnings (P/E)24.6
Beta0.57
Next Earnings
Jun 09, 2026EPS Estimate
0.36Next Dividend Ex-DateN/A
Dividend Yield2.19%
Share Statistics
EPS (TTM)0.38
Shares Outstanding53,902,300
10 Day Avg. Volume24,316
30 Day Avg. Volume34,557
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)2.30
Price to Sales (P/S)1.58
P/FCF Ratio6.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$20.50Price Target Upside28.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High Margins & Cash GenerationSustained high gross and EBITDA margins support durable free cash flow generation and internal funding of growth initiatives. Strong cash conversion (OCF to net income ~1.03 and positive FCF growth) underpins capital flexibility for deleveraging, buybacks, or reinvestment over the medium term.
Diversified Recurring Revenue StreamsA multi-channel revenue model—wholesale TV carriage, commercial B2B subscriptions, programmatic advertising and consumer apps—creates stable recurring cash flows and lowers single-market dependency. This diversification improves resilience to regional or format-specific demand shocks over several quarters.
Acquisition Synergies & Monetization RunwayEarly, measurable TuneIn synergies and explicit $20–40M revenue/$10–15M cost targets provide a clear multi-quarter upside path. Realized synergies accelerate monetization of new inventory and support margin recovery and deleveraging if management executes the cross-sell and cost programs as planned.
Bears Say
High Leverage / Elevated Net DebtMaterial acquisition-driven debt raises refinancing and covenant risks and constrains strategic optionality. Management’s target to reduce leverage below 2.0x is positive but execution-dependent; failure to deleverage within the stated timeframe could limit investments and increase interest burden over multiple quarters.
Margin Pressure From Lower-margin MixAcquisitions and a shift toward programmatic/backfill inventory have compressed consolidated margins. If the company cannot fully migrate revenue to higher-margin channels or realize projected synergy savings, persistent margin dilution could erode cash flow and slow progress on deleveraging over several quarters.
Execution & Timing Risk For Automotive RevenueOEM and in-car integrations offer structural upside but require long lead times tied to vehicle production cycles and partner rollouts. Delays or slower adoption push out revenue and synergy timelines, making realized benefits and related cash flows uncertain across the 6–18 month horizon.
RAY FAQ
What was Stingray Group, Inc.’s price range in the past 12 months?
Stingray Group, Inc. lowest stock price was C$7.35 and its highest was C$18.00 in the past 12 months.
What is Stingray Group, Inc.’s market cap?
Stingray Group, Inc.’s market cap is C$902.07M.
When is Stingray Group, Inc.’s upcoming earnings report date?
Stingray Group, Inc.’s upcoming earnings report date is Jun 09, 2026 which is in 107 days.
How were Stingray Group, Inc.’s earnings last quarter?
Stingray Group, Inc. released its earnings results on Feb 10, 2026. The company reported C$0.38 earnings per share for the quarter, beating the consensus estimate of C$0.374 by C$0.006.
Is Stingray Group, Inc. overvalued?
According to Wall Street analysts Stingray Group, Inc.’s price is currently Undervalued.
Does Stingray Group, Inc. pay dividends?
Stingray Group, Inc. pays a Quarterly dividend of C$0.085 which represents an annual dividend yield of 2.19%. See more information on Stingray Group, Inc. dividends here
What is Stingray Group, Inc.’s EPS estimate?
Stingray Group, Inc.’s EPS estimate is 0.36.
How many shares outstanding does Stingray Group, Inc. have?
Stingray Group, Inc. has 53,902,300 shares outstanding.
What happened to Stingray Group, Inc.’s price movement after its last earnings report?
Stingray Group, Inc. reported an EPS of C$0.38 in its last earnings report, beating expectations of C$0.374. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Stingray Group, Inc.?
Currently, no hedge funds are holding shares in TSE:RAY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Stingray Group Stock Smart Score
Outperform
1
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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$20.50 (28.04% Upside)
C$20.50 (28.04% Upside)
Insider Transactions
Sold Shares
Worth C$1.3M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.46%
12-Months-Change
Fundamentals
Return on Equity
19.09%
Trailing 12-Months
Asset Growth
1.13%
Trailing 12-Months
Company Description
Stingray Group, Inc.
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 Stingray Qello, an over-the-top streaming service on TV, mobile, and the web; 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. In addition, the company offers karaoke services comprising The Voice, Yokee Piano, Yokee Karaoke, Yokee Guitar, Piano Academy, The Piano Keyboard, Stingray Kids' Karaoke, and Yokee Music, as well as Stingray Karaoke, a video on demand and TV app. Further, it provides music videos TV channels that include Stingray Country, Stingray cmusic, PalmarèsADISQ par Stingray, Stingray Hits!, Stingray Vibe, Stingray Loud, Stingray Retro, Stingray LiteTV, and Stingray Juicebox; and operates approximately 100 radio stations across Canada, as well as offers advertising solutions. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, small and medium businesses, and directly to consumers. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada.
RAY Stock 12 Month Forecast
Average Price Target
C$20.50
▲(28.04% Upside)
Technical Analysis
Options Prices
Currently, No data available
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