Analysis Heritage Foods Limited (HERITGFOOD)
6/5/2024
Analysis of Heritage Foods Limited (HERITGFOOD)
Heritage Foods Limited has shown a strong uptrend in the recent days, with the price closing at 455.79999 on June 4th, 2024. The Relative Strength Index (RSI) is indicating overbought conditions at 84.84584, suggesting a potential reversal or correction in the near future.The Moving Average Convergence Divergence (MACD) indicator is at 22.30703, above the signal line of 14.02510, with a positive MACD histogram of 8.28193, indicating bullish momentum.
The Simple Moving Average (SMA) is at 363.70800, the Exponential Moving Average (EMA) is at 366.34764, and the Weighted Moving Average (WMA) is at 372.40387, all showing an upward trend.
Overall, Heritage Foods Limited seems to be in a strong bullish phase, but traders should be cautious of the overbought RSI levels and potential for a correction in the short term.
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, but the details are only available 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. However, on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provides a comprehensive overview of the financial and stock-related metrics for a specific company. Here are some key points from the data:1. **Financials**:
- The company has a strong operating cash flow and levered free cash flow.
- It has a healthy current ratio and a high total debt to equity ratio.
- The profit margin and operating margin are both positive.
- The company shows good returns on assets and equity.
2. **Stock Statistics**:
- The short ratio is low, indicating low investor sentiment for shorting the stock.
- A significant percentage of shares are held by institutions.
- The stock has a beta value indicating it is slightly more volatile than the market.
3. **Valuations Metrics**:
- The company has a high PEG ratio and forward PE ratio.
- The price to book ratio is high, indicating the stock may be overvalued.
- Market capitalization and enterprise value are both substantial.
4. **Stock Price Summary**:
- The stock has seen a moderate change over the past 52 weeks.
- Moving averages suggest the stock price has been relatively stable.
5. **Dividends and Splits**:
- The company pays dividends with a moderate payout ratio.
- There was a recent split in the stock.
- The dividend yield is relatively low.
Overall, the data paints a picture of a company with strong financials, moderate stock performance, and a dividend-paying history. Investors may want to further analyze the data to make informed decisions about the company's stock.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the past four fiscal years.
2. The gross profit margin seems to be consistent, indicating stable pricing and cost management.
3. Operating income has also shown a positive trend, reflecting efficient operational management.
4. Net income has been growing over the years, suggesting overall profitability improvements.
5. Earnings per share (EPS) have been relatively stable, with minor fluctuations.
6. The company has been able to maintain a healthy EBITDA margin, indicating strong operational performance.
7. Despite fluctuations in certain expenses and taxes, the overall financial performance seems to be on an upward trajectory.
8. The company's continuous operations have been generating consistent net income, showing the sustainability of its core business activities.
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 cash and cash equivalents showing fluctuations.
3. Non-current assets consist mainly of investments and advances, which have been increasing steadily.
4. Total liabilities have also been increasing, but at a slower pace compared to assets.
5. Shareholders' equity has shown variations, with retained earnings being a significant component.
6. The company has been relying on both short-term and long-term debt to finance its operations.
7. The provision for risks and charges has been relatively stable over the years.
8. Machinery, furniture, and equipment form a substantial part of the non-current assets.
9. The company has been investing in leases and land improvements as part of its non-current assets.
10. Overall, the financial health of the company seems stable, with a positive trend in assets and shareholders' equity.
Cash Flow 💶
This is a 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 been relatively stable over the years, indicating consistent operational performance.
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 significant variability, with large amounts being spent on common stock repurchase and debt issuance and payments.
6. Investing activities also vary, with significant amounts being spent on the sale and purchase of investments, as well as capital expenditures.
7. The company has been consistently generating net income, with varying levels of depreciation and other non-cash items.
8. Stock-based compensation has also been a significant factor in the company's financial activities.
These conclusions provide insights into the company's financial performance and management of cash flows over the years.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This is also an increase from the EPS of $1.35 in the same quarter last year.
3. Looking at the estimates for the current year ending on September 30, 2024, the average estimated EPS is $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This indicates growth from the EPS of $5.67 for the previous year.
4. For the next year ending on September 30, 2025, the average estimated EPS is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This forecast suggests a slight increase from the EPS of $6.10 in the previous year.
Overall, the analysts' estimates show a positive outlook for the company's earnings per share, with expected growth in both the short term and the long term.
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 $77,545,400,000, with a sales growth of 2% compared to the same quarter last year.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $85,501,800,000, with a sales growth of 3% compared to the same quarter last year.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $357,772,000,000, with a sales growth of 1% compared to the previous fiscal year.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $380,772,000,000, with a significant sales growth of 6% compared to the current fiscal year.
Overall, the analysts are predicting a moderate growth in sales for both the upcoming quarters and the next fiscal year, indicating a positive outlook for the company's performance.
Growth estimates
Based on the consensus estimates provided by analysts, 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 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is slightly higher at 5.2%.
3. Current Year: The growth rate for the current year is estimated to be 7.6%.
4. Next Year: The growth rate for the next year is expected to increase to 9.7%.
5. Past 5 Years (per annum): Over the past 5 years, the company has shown a growth rate of approximately 20.1% per annum.
6. Next 5 Years (per annum): Looking ahead, analysts project a growth rate of around 9.7% per annum for the next 5 years.
Overall, the company is expected to experience a moderate growth rate in the near term, with a slightly higher growth rate anticipated for the next year. However, this growth rate is lower compared to the impressive growth rate seen in the past 5 years.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $275
- Median: $201.43
- Average: $204.58
- Current price: $192.25
Based on these figures, it can be observed that the analysts have a relatively wide range of price predictions, with the median and average prices indicating a moderate level of consensus. The current price is below both the median and average forecast, suggesting a potential upside according to the analysts' predictions.
MACD of HERITGFOOD
This is not investment advice. Remember to verify the information provided here.
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