Analysis High Arctic Energy Services., Inc. (HGHAF)
6/5/2024
Analysis of High Arctic Energy Services., Inc. (HGHAF)
Based on the provided data for High Arctic Energy Services, Inc. (symbol: HGHAF), here is a short analysis:1. Price Movement:
- The closing price has been fluctuating between 1.030 and 1.080 over the past few days, with the most recent closing price at 1.060.
- The stock has shown some volatility, reaching a high of 1.080 and a low of 1.030.
2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) values have been above 50, indicating a bullish momentum in the stock.
- MACD Indicator: The Moving Average Convergence Divergence (MACD) values have been positive, suggesting a potential uptrend in the stock price.
- Moving Averages: The stock price is above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), indicating a positive trend.
3. Overall:
- The stock seems to be in an uptrend based on the technical indicators.
- The RSI, MACD, and Moving Averages all point towards a bullish sentiment.
- Investors may consider monitoring the stock for further confirmation of the uptrend before making any investment decisions.
Please note that this analysis is based on historical data and trends, and it is important to conduct further research and analysis before making any investment decisions.
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, and the most recent quarter reported is March 2024. The company has a good return on assets and return on equity.
In terms of stock statistics, the short ratio is low, indicating low investor sentiment for shorting the stock. The company has a significant percentage of shares held by institutions.
Valuation metrics show a relatively high PEG ratio and forward PE ratio. The company's market capitalization is substantial, and it has a high price to book ratio.
The stock price summary shows the stock's performance over the past year, including its beta, moving averages, and the range between the fifty-two-week low and high.
Lastly, the dividends and splits information shows the company's dividend history, payout ratio, and upcoming dividend dates.
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 for the quarter ending on 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.Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:1. Fiscal Year 2023 (ending September 30, 2023):
- Sales: $383,285,000,000
2. Fiscal Year 2022 (ending September 30, 2022):
- Sales: $394,328,000,000
3. Fiscal Year 2021 (ending September 30, 2021):
- Sales: $365,817,000,000
4. Fiscal Year 2020 (ending September 30, 2020):
- Sales: $274,515,000,000
Based on the revenue figures, we can see a general trend of increasing sales over the past four years, indicating potential growth and expansion of the company's business operations.
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 have fluctuated, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have shown an increasing trend, peaking at $234,386,000,000 in 2018.
4. Total liabilities have also been on the rise, with the highest value in 2018 at $255,355,000,000.
5. Shareholders' equity has generally increased, reaching its peak at $107,147,000,000 in 2018.
6. The company has been investing more in non-current assets over the years, possibly for long-term growth.
7. There seems to be a stable increase in shareholders' equity, indicating a positive trend in the company's financial health.
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 recorded 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 peak 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 that may require further analysis.
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. For the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.10, with a low estimate of $5.95 and a high estimate of $6.41. This reflects growth compared to the EPS of $5.67 from the previous fiscal year.
4. Looking ahead to the next fiscal 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 indicates a potential increase from the EPS of $6.10 in the current fiscal year.
Overall, the analysts' estimates suggest a positive outlook for the company's earnings per share, showing growth potential 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. The number of analysts providing estimates is 25.
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. The number of analysts providing estimates is 25.
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. The number of analysts providing estimates is 38.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $380,772,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 38.
Overall, the analysts are generally optimistic about the company's future sales performance, with moderate growth expected in both the quarterly and annual sales figures.
Growth estimates
Based on the consensus estimates provided:- The current year growth rate is 7.6%
- The next quarter growth rate is 5.1%
- The current quarter growth rate is 5.1%
- The next year growth rate is 9.7%
- The next 5 years compound annual growth rate (CAGR) is 9.7%
- The past 5 years compound annual growth rate (CAGR) is 20.1%
It appears that the company has experienced a significant growth rate in the past 5 years, but the growth rate is expected to slow down in the current and next quarter. However, there is an expectation of a higher growth rate for the next year and the next 5 years compared to the current year and quarter.
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 forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median and average price above the current price. However, there is a wide range between the low and high forecasts, indicating some uncertainty in the predictions. Investors should consider these factors when making decisions about buying or selling the security.
MACD of HGHAF
This is not investment advice. Remember to verify the information provided here.
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