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RAY Stock Chart & Stats
C$15.34
-C$0.10(-0.65%)
At close: 4:00 PM EDT
C$15.34
-C$0.10(-0.65%)
Day’s Range― - ―
52-Week RangeC$9.55 - C$18.00
Previous CloseN/A
Volume15.85K
Average Volume (3M)34.56K
Market Cap
C$1.03B
Enterprise ValueC$1.60K
Total Cash (Recent Filing)C$20.75M
Total Debt (Recent Filing)C$547.41M
Price to Earnings (P/E)―
Beta0.71
Next Earnings
Nov 10, 2026EPS Estimate
0.52Next Dividend Ex-DateN/A
Dividend Yield1.36%
Share Statistics
EPS (TTM)-0.42
Shares Outstanding54,057,392
10 Day Avg. Volume24,316
30 Day Avg. Volume34,557
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)4.64
Price to Sales (P/S)2.08
P/FCF Ratio11.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$21.70Price Target Upside41.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)2.11
Revenue Forecast (FY)C$649.78M
Bulls Say, Bears Say
Bulls Say
Revenue Growth MomentumSubstantial and sustained top-line expansion driven by acquisitions (TuneIn) and FAST channel sales implies enlarging scale and stronger recurring revenue mix. Durable revenue momentum supports investment capacity, pricing power with distributors, and longer-term profit recovery as integrations mature.
Strong Free Cash Flow GenerationMaterial free cash flow and positive operating cash suggest the business self-funds growth, acquisitions, and deleveraging over time. Even with some year-over-year decline, meaningful cash generation underpins strategic flexibility and ability to service debt or reinvest in programmatic and product expansion.
Programmatic/Product Differentiation & SynergiesUnique programmatic inventory (audio-on-CTV) and OEM partnerships provide a differentiated ad product with scale potential and premium placement. Combined with reported TuneIn revenue synergies, this entrenches competitive advantage in digital audio monetization and supports durable ad revenue growth.
Bears Say
Material Increase In LeverageMuch higher leverage raises refinancing, interest‑rate and covenant risk and limits financial flexibility. Even with management targeting deleveraging, elevated net debt constrains capital allocation, amplifies downside in an economic slowdown, and lengthens recovery time after acquisitions.
Profitability Deterioration & Margin CompressionA shift from positive to negative reported earnings and lower gross margins indicate weaker core profitability and greater earnings volatility. Persistently compressed margins would impair retained earnings, limit reinvestment and dividend capacity, and make meeting leverage targets harder without structural margin recovery.
Integration And Accounting Complexity RiskMaterial reclassification and complex contract accounting signal integration and revenue-recognition risks after acquisitions. These raise the likelihood of future restatements, disclosure friction, and execution costs, and can obscure true operating margins and cash timing during the multi-quarter integration window.
Stingray Group News
RAY FAQ
What was Stingray Group, Inc.’s price range in the past 12 months?
Stingray Group, Inc. lowest stock price was C$9.55 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$1.03B.
When is Stingray Group, Inc.’s upcoming earnings report date?
Stingray Group, Inc.’s upcoming earnings report date is Nov 10, 2026 which is in 90 days.
How were Stingray Group, Inc.’s earnings last quarter?
Stingray Group, Inc. released its earnings results on Aug 10, 2026. The company reported C$0.4 earnings per share for the quarter, missing the consensus estimate of C$0.453 by -C$0.053.
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 1.36%. See more information on Stingray Group, Inc. dividends here
What is Stingray Group, Inc.’s EPS estimate?
Stingray Group, Inc.’s EPS estimate is 0.52.
How many shares outstanding does Stingray Group, Inc. have?
Stingray Group, Inc. has 54,057,392 shares outstanding.
What happened to Stingray Group, Inc.’s price movement after its last earnings report?
Stingray Group, Inc. reported an EPS of C$0.4 in its last earnings report, missing expectations of C$0.453. Following the earnings report the stock price went up 0.065%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$21.70 (41.46% Upside)
C$21.70 (41.46% Upside)
Blogger Sentiment
Bearish
TSE:RAY Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$6.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.46%
12-Months-Change
Fundamentals
Return on Equity
1.36%
Trailing 12-Months
Asset Growth
25.76%
Trailing 12-Months
Company Description
Stingray Group, Inc.
Stingray Group Inc. operates as a music, media, and technology company in Canada, the United States, and internationally. It operates through Broadcasting and Commercial Music and Radio segments. The company offers music, digital, and advertising services to enterprise brands, including audio and video channels, radio stations, subscription video-on-demand content, free and ad-supported TV (FAST) channels, karaoke products and music apps, and in-car and on-board infotainment content. It also provides commercial solutions in music, in-store advertising solutions, digital signage, and AI-driven consumer insights and feedback, as well as delivers digital audio messaging and audio advertising. In addition, the company offers subscription video on demand, such as Qello Concerts by Stingray, Stingray Classica, Stingray DJAZZ, Stingray Karaoke, Stingray Naturescape, ZenLIFE by Stingray, and The Coda Collection. It also offers FAST channels, including Stingray Music, Qello Concerts by Stingray, Stingray Classica, Stingray DJAZZ, Stingray CMusic, Stingray Karaoke, Stingray Naturescape, Stingray Holidayscapes, ZenLIFE by Stingray, Ultimate Trivia by Stingray, Stingray Cozy Café, Stingray Stargaze, Stingray Cityscapes, Movie Music by Stingray, Loupe Art, and EarthDay 365. The company distributes its products and services through various platforms, including digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, and small and medium businesses, as well as direct 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$21.70
▲(41.46% Upside)