Analysis Hindustan Composites Limited (HINDCOMPOS)
6/5/2024
Analysis of Hindustan Composites Limited (HINDCOMPOS)
Hindustan Composites Limited (HINDCOMPOS) has been showing some interesting price movements and technical indicators in the recent days:1. Price Movement:
- The stock price has been fluctuating between 388.05 and 459.85 in the past week.
- The closing price on the latest trading day was 395.80, which is lower than the opening price of 432.60.
2. Relative Strength Index (RSI):
- The RSI indicator is currently at 37.31, indicating that the stock is approaching oversold levels. This could suggest a potential buying opportunity.
3. Moving Average Convergence Divergence (MACD):
- The MACD line is below the signal line, with a negative MACD histogram. This indicates a bearish signal for the stock.
4. Moving Averages:
- The Simple Moving Average (SMA) is at 425.35, the Exponential Moving Average (EMA) is at 425.91, and the Weighted Moving Average (WMA) is at 427.82. The stock price is currently below these moving averages, indicating a bearish trend.
Overall, based on the technical indicators, Hindustan Composites Limited seems to be in a bearish phase. Traders and investors may want to exercise caution and wait for more positive signals before making any trading decisions.
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: $1.23
- Low Estimate: $1.18
- High Estimate: $1.26
- Year Ago EPS: $1.17
- Number of Analysts: 27
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.42
- Low Estimate: $1.33
- High Estimate: $1.51
- Year Ago EPS: $1.35
- Number of Analysts: 26
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.10
- Low Estimate: $5.95
- High Estimate: $6.41
- Year Ago EPS: $5.67
- Number of Analysts: 40
4. Next Year (as of September 30, 2025):
- Average Estimate: $6.69
- Low Estimate: $5.92
- High Estimate: $7.31
- Year Ago EPS: $6.10
- Number of Analysts: 40
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 periods. The number of analysts providing estimates also indicates a significant level of interest in the company's performance.
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.
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 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 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest that the company has been experiencing strong growth in the past, but analysts expect the growth rate to moderate slightly in the coming years, although it is still expected to be healthy.
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
- 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 lowest estimate at $164, the highest at $275, and the average at $204.58. The current price of the security is $192.25, which falls below the median and average forecasted prices. Investors may consider these forecasts when making decisions about buying or selling the security.
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 supplied at a specific time. The results from August 1, 2024, indicated an earnings per share (EPS) estimate of 1.32.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 strong operating cash flow and levered free cash flow, with a positive current ratio and a high total debt to equity ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and the most recent quarter reported is March 2024. The company shows good returns on assets and equity.
Looking at stock statistics, the company has a low short ratio and a significant percentage of shares held by institutions. The stock price summary shows volatility within a 52-week range and provides moving averages for 50 and 200 days.
Valuation metrics suggest the stock may be overvalued based on the PEG ratio and price-to-earnings ratios. The company's market capitalization and enterprise value are substantial, with high price-to-book and price-to-sales ratios.
Lastly, dividends and splits information reveal the company's dividend history, payout ratio, and upcoming dividend dates. The company has a history of dividend payments and a moderate dividend yield.
Income statement 💸
These are the revenues. 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 fluctuations in other financial metrics, the sales revenue has shown a consistent upward trend.
3. The company has managed to grow its top line consistently, indicating strong market demand for its products or services.
4. Increasing sales revenue can be a positive indicator of the company's overall financial health and growth potential.
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 equivalents and short-term investments.
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, resulting in a growth in shareholders' equity.
5. Shareholders' equity includes common stock, retained earnings, and other equity components.
6. The company has been managing its short-term and long-term debts while investing in non-current assets for future growth.
7. The accumulated depreciation indicates the wear and tear on the company's assets over the years.
8. The provision for risks and charges has been relatively stable across the years.
Cash Flow 💶
This is the cash flow statement. Here are some key takeaways:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 at $111,443,000,000.
2. Operating cash flow has generally been increasing year over year, indicating a positive trend in the company's core operations.
3. Financing activities show a significant outflow of cash, mainly due to common stock repurchases and debt payments.
4. Investing activities also show significant cash flows related to the sale and purchase of investments, with 2022 recording the highest sale of investments at $67,363,000,000.
5. The company's end cash position has been varying, reaching its peak in 2020 at $39,789,000,000.
Overall, the company seems to be generating healthy cash flows from its operations, but significant outflows from financing and investing activities impact its overall cash position.
MACD of HINDCOMPOS
This is not investment advice. Remember to verify the information provided here.
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