Analysis Atlas Copco AB (0XXT)
5/26/2024
Analysis of Atlas Copco AB (0XXT)
Based on the provided data for the stock symbol 0XXT, which represents Atlas Copco AB, here is a short analysis:1. Price Movement:
- The closing price of Atlas Copco AB on the most recent trading day was 168.56660, slightly lower than the opening price of 168.64999. The stock experienced a trading range between 168.10001 and 169.85001.
2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) value is 27.12570, indicating that the stock is currently in the oversold territory.
- MACD Indicator: The MACD line is at 1.25544, above the signal line of 3.51331, with a negative MACD histogram of -2.25786. This suggests a bearish signal for the stock.
- Moving Averages: The Simple Moving Average (SMA) is at 195.15681, which is significantly higher than the closing price, indicating a downward trend.
3. Recent Performance:
- In the past few days, Atlas Copco AB has shown a downward trend in prices, with the RSI indicator consistently indicating oversold conditions.
- The MACD indicator has been negative, suggesting a bearish momentum in the stock.
4. Overall Assessment:
- Based on the technical indicators and recent price movements, Atlas Copco AB appears to be in a bearish phase. Traders and investors may want to exercise caution and closely monitor the stock for any potential reversal or further downside.
Please note that this analysis is based on the provided data and should be supplemented with additional research before making any investment decisions.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided yet. The previous results from February 27, 2025, were related to the Transfer Agent. The results from January 31, 2025, were reported after hours. The results from October 31, 2024, were not provided at a specific time. The results from August 1, 2024, showed an earnings per share (EPS) estimate of 1.33.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31%, with a fiscal year ending on September 30, 2023. The income statement reveals an EBITDA of $131.39 billion, revenue of $381.62 billion, and a diluted EPS of 6.44. The operating margin is 30.74%, with a return on assets of 22.07% and return on equity of 147.25%.In terms of stock statistics, the short ratio is 1.66, with 94.31 million shares shorted out of 15.31 billion float shares. The stock has a market capitalization of $2.91 trillion, with a PEG ratio of 26.21 and a forward P/E of 26.21. The stock price summary shows a beta of 1.264, a 50-day moving average of $173.69, and a 200-day moving average of $180.79. The stock's 52-week range is between $164.08 and $199.62.
Regarding dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of $1, with a trailing annual dividend yield of 0.51%. The last split date was on August 31, 2020, with a 4-for-1 split. The 5-year average dividend yield is 0.73%, and the forward annual dividend yield is 0.53%. The next dividend date is on May 16, 2024, with an ex-dividend date on May 10, 2024.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales have been increasing steadily over the past four fiscal years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating a potential decrease in profit margins or an increase in production costs.
3. The company's gross profit has fluctuated over the years, reaching its peak in 2023 at $169.1 billion.
4. Operating income has shown an upward trend, indicating that the company's core business operations are becoming more profitable.
5. Net income has also been increasing annually, from $57.4 billion in 2020 to $97 billion in 2023, showing overall growth in profitability.
6. Earnings per share (EPS) have been relatively stable over the years, with slight fluctuations but no clear trend.
7. The company has been able to manage its income tax expenses effectively, with a proportional increase in line with the growth in revenue.
8. EBITDA has also been increasing, indicating that the company's earnings before interest, taxes, depreciation, and amortization are on a positive trajectory.
9. The company's non-operating interest expenses have been relatively stable, with some fluctuations but no significant upward trend.
10. Overall, the financial performance of the company seems to be improving, with increasing revenues, profits, and operational efficiency over the years.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company seems to be managing its cash flow effectively, with a focus on operational efficiency and strategic investments.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.33, with a low estimate of $1.27 and a high estimate of $1.36. This shows growth compared to the EPS of $1.26 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.53, with a low estimate of $1.44 and a high estimate of $1.63. This indicates an increase from the EPS of $1.46 from the same quarter last year.
3. For the current fiscal year ending on September 30, 2024, the average EPS estimate is $6.59, with a low estimate of $6.43 and a high estimate of $6.92. This reflects growth compared to the EPS of $6.13 from the previous fiscal year.
4. Looking ahead to the next fiscal year ending on September 30, 2025, the average EPS estimate is $7.23, with a low estimate of $6.40 and a high estimate of $7.90. This suggests an increase from the EPS of $6.59 reported for the current fiscal year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing growth in both the quarterly and annual periods.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1% per annum.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11% per annum.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the historical average. However, the company is still projected to experience solid growth both in the short and long term according to analyst consensus.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the majority clustering around the median and average values. The current price is below both the median and average forecast, suggesting that there may be potential for the security to increase in value according to the analysts' predictions.
MACD of 0XXT
This is not investment advice. Remember to verify the information provided here.
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