Analysis HORIBA, Ltd. (6856)
6/5/2024
Analysis of HORIBA, Ltd. (6856)
HORIBA, Ltd. is a company that provides analytical and measurement equipment for various industries, including automotive, environmental, medical, and scientific research. Looking at the recent financial data provided, we can see that the stock price has been fluctuating within a certain range. The RSI indicator shows that the stock is currently in the oversold territory, indicating a possible buying opportunity.The MACD indicator is negative, suggesting a bearish trend in the stock price. However, the MACD histogram is decreasing, which could indicate a potential reversal in the trend.
Moving averages (SMA, EMA, WMA) are all showing a downward trend, indicating that the stock price has been decreasing over the analyzed period.
Overall, based on the indicators and moving averages, it seems that HORIBA, Ltd. may be experiencing a short-term bearish trend. Investors should closely monitor the stock price and wait for confirmation of a trend reversal before making any investment decisions.
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 1.32.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. 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 31, 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 has a beta of 1.264 and has experienced a change in price over the past fifty-two weeks.
Valuation metrics show a relatively high PEG ratio and forward PE ratio. The company's market capitalization and enterprise value are substantial, with a high price-to-book ratio and price-to-sales ratio. The enterprise value to EBITDA and revenue ratios are also notable.
The stock price summary includes moving averages, fifty-two-week high and low prices, and beta.
Lastly, dividends and splits information shows the company's dividend dates, split history, and dividend yields. The company has a consistent dividend payout ratio and offers a forward annual 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 the increase in sales, the cost of goods sold has also been rising, indicating that the company is experiencing higher production or acquisition costs.
3. The gross profit margin has remained relatively stable, with gross profit increasing along with sales revenue.
4. Operating income has also been increasing, showing that the company's core operations are profitable.
5. Net income has shown a positive trend, increasing from $57.4 billion in 2020 to $97 billion in 2023.
6. Earnings per share (EPS) have been increasing slightly, indicating that the company's profitability is improving on a per-share basis.
7. The company has been able to manage its operating expenses effectively, as evidenced by the growth in operating income outpacing the increase in expenses.
8. The company has been able to generate consistent EBITDA, indicating stable cash flow from operations.
9. Overall, the financial performance of the company has been positive, with increasing revenues and profitability 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 fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been increasing over the years, with the highest value in 2018 at $107,147,000,000.
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 been consistently higher than free cash flow, indicating that the company is generating sufficient cash from its core operations.
3. The company has been paying a significant amount in income taxes each year, with a decreasing trend from 2020 to 2023.
4. The end cash position has also been fluctuating, reaching its peak in 2020 and its lowest point in 2022.
5. Financing activities have had a major impact on the company's cash flow, with significant amounts being used for common stock repurchase and debt-related activities.
6. Investing activities show a mix of acquisitions, investments, and capital expenditures, with varying levels of cash flow impact each year.
7. Overall, the company's cash flow statement reflects a dynamic financial situation with fluctuations in key metrics 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 also indicates growth 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 EPS is projected to be $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This reflects an increase from the EPS of $5.67 for the previous year.
4. For the next year ending on September 30, 2025, analysts forecast an average EPS of $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This suggests a slight improvement from the EPS of $6.10 in the previous year.
Overall, the analysts' estimates indicate 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. 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 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, and analysts expect this growth to continue at a slightly lower but still healthy rate in the coming 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
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions regarding the future price of the security, with the low end at $164, the high end 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 should consider these forecasts along with other factors when making investment decisions.
MACD of 6856
This is not investment advice. Remember to verify the information provided here.
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