Analysis El Al Israel Airlines Ltd. (ELALF)
5/29/2024
Analysis of El Al Israel Airlines Ltd. (ELALF)
El Al Israel Airlines Ltd. (ELALF) has shown a consistent closing price of 1.4 over the past several days. The Relative Strength Index (RSI) is quite high at 93.71, indicating the stock may be overbought. The Moving Average Convergence Divergence (MACD) indicator is positive, with the MACD line above the signal line, suggesting a bullish trend.The Moving Average (MA) indicator is also showing an upward trend, with the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) all increasing over the past days.
Overall, based on the RSI and the high MACD values, it seems that El Al Israel Airlines Ltd. may be overbought in the short term. However, the positive trend in moving averages indicates a bullish sentiment. Traders and investors may want to monitor the stock closely for any signs of a potential reversal or continuation of the current trend.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous results were reported on February 27, 2025, through the Transfer Agent. Before that, on January 31, 2025, the results were released after hours. The results from October 31, 2024, were not provided at the time. On August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.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 and total debt of $104.59 billion, resulting in a current ratio of 1.037. The company has a book value per share of $4.837 and total cash per share of $4.379, with a total debt to equity ratio of 140.968.In terms of profitability, the company has a profit margin of 26.31% and an operating margin of 30.74%. The return on assets is 22.07% and the return on equity is 147.25%. The income statement shows an EBITDA of $131.39 billion, revenue of $381.62 billion, and a net income to common of $100.39 billion. The diluted EPS is $6.44 and the revenue per share is $24.54. The company experienced a quarterly revenue growth of -4.3% and a quarterly earnings growth year-over-year of -2.2%.
Looking at stock statistics, the short ratio is 1.66 and the short percent of shares outstanding is 0.62%. The company has a market capitalization of $2.91 trillion, with a PEG ratio of 26.21, forward PE of 26.21, and trailing PE of 29.43. The price to book ratio is 39.18 and the price to sales ratio is 7.62. The enterprise value is $2.95 trillion, with an enterprise to EBITDA ratio of 22.75 and an enterprise to revenue ratio of 7.73.
In terms of stock price summary, the beta is 1.26 and the 52-week range is between $164.08 and $199.62, with a 52-week change of 8.25%. The day 50 moving average is $173.69 and the day 200 moving average is $180.79.
Lastly, in dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of 1. The 5-year average dividend yield is 0.73% and the trailing annual dividend yield is 0.51%. The dividend date is set for May 16, 2024, with an ex-dividend date of May 10, 2024. The last split date was on August 31, 2020, with a 4-for-1 split.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the 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 need for cost management or pricing adjustments.
3. The gross profit margin has remained relatively stable, with gross profit increasing along with sales revenue.
4. Operating income has shown a positive trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
5. Net income has also been increasing, reflecting the company's ability to manage expenses and generate profits.
6. Earnings per share (EPS) have shown a slight fluctuation but have generally increased over the years.
7. The company has been able to maintain a healthy EBITDA margin, indicating efficient operational performance.
8. Overall, the financial performance of the company in terms of revenue and profitability has been positive and improving 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 include cash, inventory, and receivables, with a significant portion in cash and cash equivalents.
3. Non-current assets consist mainly of investments and advances, along with machinery, furniture, and equipment.
4. Total liabilities have also been increasing, but at a slower pace compared to assets.
5. Shareholders' equity has shown an overall positive trend, indicating a healthy financial position.
6. The company has been investing heavily in non-current assets, possibly for long-term growth and sustainability.
7. There is a consistent mix of current and non-current liabilities, with a focus on managing short-term debts.
8. Retained earnings have played a significant role in boosting shareholders' equity over the years.
9. The company seems to have a stable financial structure with a good balance between assets, liabilities, and equity.
10. Overall, the financial health of the company appears to be strong and improving steadily.
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. Financing activities show significant fluctuations, especially in common stock repurchases and long-term debt issuuance.
5. Investing activities also vary, with notable amounts spent on the sale and purchase of investments.
6. The end cash position has been fluctuating, but generally, the company has maintained a healthy cash balance.
7. Stock-based compensation has been a significant factor in the company's financial activities.
8. The company has been paying dividends consistently, with varying amounts each year.
9. The company has engaged in acquisitions and divestitures, impacting the investing cash flow.
10. Overall, the company's financial performance seems stable, with some fluctuations in key financial indicators.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Year Ago EPS: $1.26
- Number of Analysts: 26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Year Ago EPS: $1.46
- Number of Analysts: 25
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Year Ago EPS: $6.13
- Number of Analysts: 39
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Year Ago EPS: $6.59
- Number of Analysts: 39
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two years. The average estimates show an increase compared to the year-ago EPS figures, indicating potential growth in earnings for the company.
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 about 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%.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. The company is projected to experience steady growth in the short term, with a significant increase in growth rate expected for the next year.
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 wide range of opinions on the future price of the security, with the low end at $164, the high end at $250, and the average at $202.26. The current price is below both the average and median forecast, indicating that there is potential for growth according to the analysts' predictions.
MACD of ELALF
This is not investment advice. Remember to verify the information provided here.
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