CCA.TO closes C$67.31 ahead of earnings 13 Jan 2026: analyst targets in focus
The market closed with Cogeco Communications Inc. (CCA.TO stock) at C$67.31 on the TSX as investors prepare for an earnings update due 14 Jan 2026. The company trades at a PE of 8.86 with EPS C$7.60 and a market cap near C$2.83 billion. Volume of 135,030 shares outpaced the average of 81,167, signalling higher attention ahead of tomorrow’s report. This article breaks down valuation, analyst targets, Meyka AI’s grade and forecast, and the key metrics that could move the stock.
Earnings timetable and what to watch in CCA.TO stock
Earnings are scheduled after market close on 14 Jan 2026. Investors should watch revenue growth in Canadian and American broadband segments, subscriber additions, and ARPU trends. Management commentary on capital expenditure and guidance will matter because Cogeco’s capex and free cash flow drive dividend coverage and valuation.
Expect focus on net debt to EBITDA and interest coverage. With interest coverage near 2.68 and net debt to EBITDA about 3.17, guidance on leverage reduction could change market reaction.
Valuation snapshot for CCA.TO stock
Cogeco trades at C$67.31 with a trailing PE around 8.86 and price-to-sales near 0.98. The company shows a dividend yield near 5.57% and payout ratio of 0.48, highlighting income appeal. Enterprise value to EBITDA is about 5.18, and price-to-free-cash-flow sits near 5.33.
Those multiples look inexpensive versus telecom peers, but Cogeco carries leverage with a debt-to-equity near 1.44. Low current ratio 0.47 and interest coverage under 3.0 are liquidity items to monitor in the report.
Analyst targets and recent CCA.TO stock news
Broker notes show mixed targets: Scotiabank raised its target to C$74.25, while consensus target sits near C$74.78. Other targets include Desjardins C$71.00, CIBC C$68.00, and BMO C$70.00. Two analysts rate the stock Buy and five rate Hold, leaving a consensus Neutral view.
MarketBeat and BayStreet coverage flagged Scotiabank’s upgrade and the consensus target. See coverage for details MarketBeat report and Desjardins note.
Meyka AI grade and CCA.TO stock forecast
Meyka AI rates CCA.TO with a score out of 100: 69.46 / Grade B — HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, and analyst consensus. The score balances attractive cash flow yields with leverage concerns.
Meyka AI’s forecast model projects C$71.08 for the next year and C$79.70 in three years. Versus the close of C$67.31, the one-year model implies +5.60% upside. Forecasts are model-based projections and not guarantees.
Technical, dividend and liquidity signals for CCA.TO stock
Technically, RSI near 59.55 and MACD positive suggest modest momentum. Bollinger Bands middle sits at C$66.60, indicating current price is near short-term average. Average volume 81,167 versus today’s 135,030 shows above-normal activity.
Dividend per share is C$3.75 with yield about 5.57%. Free cash flow yield is roughly 18.76%, supporting the payout if cash generation holds. Watch cash conversion metrics and receivables days to judge operational health.
Risks and opportunities in the CCA.TO stock outlook
Key risks include higher interest rates, slower subscriber growth, and execution on US expansion through Atlantic Broadband. High net debt to EBITDA near 3.17 raises refinancing and interest risk. Concentration in broadband services leaves sensitivity to competitive pricing.
Opportunities include stable subscription revenue, a sizeable dividend, and potential margin improvement from cost control. Any guidance on deleveraging or faster ARPU growth would materially change the investment case.
Final Thoughts
Key takeaways for CCA.TO stock: Cogeco closed at C$67.31 on the TSX with above-average volume as earnings approach. The stock trades cheaply by multiples — PE ~8.86 and EV/EBITDA ~5.18 — while offering a ~5.57% dividend yield. Analysts cluster around C$74 targets, and Meyka AI’s model projects C$71.08 in one year, implying +5.60% upside from today’s close. The Meyka AI grade is 69.46 (B, HOLD), reflecting solid cash flow and payout support offset by leverage and coverage ratios. For income-focused investors, the dividend and free cash flow yield make Cogeco attractive if leverage falls. For total-return investors, watch subscriber trends and management guidance tomorrow. Remember, Meyka AI is an AI-powered market analysis platform; forecasts and grades are model-based and not guarantees. Investors should use this data with their own research and risk profile.
FAQs
When does Cogeco report earnings and how could that affect CCA.TO stock?
Cogeco reports after market close on 14 Jan 2026. Key drivers will be revenue, subscriber growth, ARPU, and guidance. Positive surprises on ARPU or leverage reduction could lift CCA.TO stock, while weaker cash flow or higher debt costs could pressure the price.
What are the main valuation metrics for CCA.TO stock today?
At close the stock trades at C$67.31 with a trailing PE of 8.86, price-to-sales near 0.98, EV/EBITDA about 5.18, and dividend yield roughly 5.57%. These metrics suggest relative cheapness but reflect leverage exposure.
What does Meyka AI forecast for CCA.TO stock?
Meyka AI’s forecast model projects C$71.08 in one year and C$79.70 in three years. Versus C$67.31 today, the one-year model implies about +5.60% upside. Forecasts are projections and not guarantees.
How risky is CCA.TO stock compared with telecom peers?
CCA.TO stock shows attractive cash flow yields but higher leverage. Interest coverage near 2.68 and net debt/EBITDA about 3.17 increase sensitivity to rates. Relative valuation looks cheaper than many peers, but balance sheet risk is higher.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.