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MELVILLE, NY - Canon U.S.A., Inc., a subsidiary with a market capitalization of $1.48 million and a notably low P/E ratio of 0.21, unveiled its new RF75-300mm F4-5.6 telephoto zoom lens and an EOS R100 Double Zoom Lens Kit, according to a press release issued Wednesday.
The RF75-300mm F4-5.6 lens, priced at $219.99, is designed for entry-level photographers seeking to expand beyond smartphone photography capabilities. The lightweight telephoto zoom offers focal lengths up to 480mm (35mm equivalent) when paired with Canon’s EOS R series cameras.
Canon also announced the EOS R100 Double Zoom Lens Kit, which bundles the new telephoto lens with the EOS R100 camera. The kit will be available for $799.99. Both products are scheduled for release in July 2025.
The EOS R100 camera features a 24.2 megapixel APS-C size sensor, DIGIC 8 image processor, and can record 4K video (cropped) and Full HD video (full-width) at up to 24 and 60 frames per second respectively. Additional features include autofocus with eye and face detection, plus Bluetooth and Wi-Fi connectivity.
Canon positions these products for photographers transitioning from smartphone photography or users familiar with the company’s EOS Rebel or EOS M cameras who seek expanded creative options through interchangeable lenses.
Canon U.S.A., Inc., a subsidiary of Canon Inc., reported approximately $29.4 billion in global revenue in 2023 and provides digital imaging solutions to markets in the United States, Latin America, and the Caribbean. According to InvestingPro data, the company’s stock has experienced significant volatility, with a -69.23% price return over the past year and maintains a Financial Health Score of 0.63, labeled as ’Weak’. For deeper insights into Canon’s financial performance and 10+ additional ProTips, consider exploring InvestingPro.
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