Analysis ETF Managers Trust - ETFMG Prime Junior Silver Miners ETF (0IEP)
5/26/2024
Analysis of ETF Managers Trust - ETFMG Prime Junior Silver Miners ETF (0IEP)
The ETF Managers Trust - ETFMG Prime Junior Silver Miners ETF (0IEP) has been showing some volatility in recent days. The price has been fluctuating between $8.76910 and $9.31000 over the past week.Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest a slightly bearish sentiment. The RSI is around 49.38, indicating a neutral position, while the MACD line is below the signal line, showing a potential bearish trend.
The Simple Moving Average (SMA) is at $9.48767, the Exponential Moving Average (EMA) is at $9.28437, and the Weighted Moving Average (WMA) is at $9.31404. The current closing price is $9.25090, which is below the SMAs, EMAs, and WMAs, indicating a short-term bearish trend.
Overall, the ETFMG Prime Junior Silver Miners ETF seems to be in a consolidation phase with a slightly bearish bias. Traders and investors should closely monitor key support and resistance levels for potential trading opportunities.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released After Hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.33.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has a strong operating cash flow and levered free cash flow. The balance sheet shows a healthy current ratio, but a relatively high total debt to equity ratio. The profit margin and operating margin are both positive, indicating profitability. The company's fiscal year ends in September 2023, with notable figures such as revenue, EBITDA, and net income.
Moving on to stock statistics, we see details such as short ratio, float shares, shares outstanding, and percentages held by insiders and institutions. The stock price summary includes metrics like beta, moving averages, and the 52-week high and low prices.
Valuation metrics provide insights into the company's valuation relative to its earnings, revenue, and market capitalization. Key ratios such as P/E, P/S, and PEG ratio are included, along with enterprise value multiples.
Lastly, dividends and splits information reveals details about the company's dividend history, payout ratio, dividend yield, and important dates related to dividends and stock splits.
Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:1. Fiscal Year 2020: Sales of $274,515,000,000
2. Fiscal Year 2021: Sales of $365,817,000,000
3. Fiscal Year 2022: Sales of $394,328,000,000
4. Fiscal Year 2023: Sales of $383,285,000,000
From the data, we can observe the following trends:
- The company experienced a steady increase in revenue from 2020 to 2022, with a slight decrease in 2023.
- The highest revenue was recorded in 2022, reaching $394 billion.
- Despite the slight decrease in 2023, the company's revenue remains at a high level compared to the base year of 2020.
These insights provide an overview of the company's revenue performance over the past four fiscal years.
Balance Sheet
These are balance sheets. Here are the conclusions based on the provided data:1. The total assets have been increasing over the years, reaching the highest value in 2023 at $352,583,000,000.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000 and the lowest in 2018 at $131,339,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2023 at $209,017,000,000.
4. Total liabilities have also been increasing, reaching the highest value in 2023 at $290,437,000,000.
5. Shareholders' equity has been fluctuating, with the highest value in 2020 at $65,339,000,000 and the lowest in 2018 at $10,7147,000,000.
Overall, the company's assets and liabilities have been increasing over the years, while shareholders' equity has been fluctuating.
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 some fluctuations in different areas over the years.
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 both for the upcoming quarters and the next year compared to the previous year. It indicates growth and improvement in the company's performance as projected by analysts.
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 a slightly higher growth rate 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. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 11%.
6. Past 5 Years (per annum): The estimated average annual growth rate for the past 5 years is 20.1%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the short term compared to the long-term average. It is important for investors to consider these growth projections along with other factors when making investment decisions.
Price target
The analysts' forecast for the future price of the security paper 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 paper, 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 a potential opportunity for growth according to the analysts' predictions.
MACD of 0IEP
This is not investment advice. Remember to verify the information provided here.
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