Analysis Kush Industries Limited (KUSHIND)
5/28/2024
Analysis of Kush Industries Limited (KUSHIND)
Kush Industries Limited has shown a recent decrease in stock price from 8.15 to 7.85. The Relative Strength Index (RSI) is at 45.27, indicating a neutral position. The Moving Average Convergence Divergence (MACD) is positive at 0.54, with the signal line at 0.41. The MACD histogram is also positive at 0.13.Looking at historical data, there has been a significant increase in stock price on May 27th, reaching 11.03. The RSI was high at 87.99, indicating an overbought condition. The MACD was positive at 0.70, with a strong signal line at 0.38.
Overall, Kush Industries Limited has shown volatility in stock prices, with some fluctuations in RSI and MACD indicators. Investors should closely monitor these indicators 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 had an 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.Financials:
- Cash flow: Operating cash flow TTM is $110,563,000,320 and levered free cash flow TTM is $84,726,874,112.
- Balance sheet: Total cash MRQ is $67,150,000,128, total debt MRQ is $104,590,000,128, current ratio MRQ is 1.037, book value per share MRQ is $4.837, total cash per share MRQ is $4.379, and total debt to equity MRQ is 140.968.
- Profit margin: 26.306%
- Fiscal year ends: September 30, 2023
- Income statement: EBITDA is $131,393,000,000, revenue TTM is $381,623,009,280, diluted EPS TTM is $6.44, gross profit TTM is $169,148,000,000, revenue per share TTM is $24.537, net income to common TTM is $100,389,003,264, quarterly revenue growth is -4.3%, and quarterly earnings growth YoY is -2.2%.
- Operating margin: 30.743%
- Most recent quarter: March 31, 2024
- Return on assets TTM: 22.073999%
- Return on equity TTM: 147.25%
Stock statistics:
- Short ratio: 1.66
- Float shares: 15,308,320,742
- Shares short: 94,308,265
- Average 10-day volume: 52,903,608
- Average 90-day volume: 62,823,269
- Shares outstanding: 15,334,099,968
- Percent held by insiders: 5.22%
- Percent held by institutions: 57.555%
- Short percent of shares outstanding: 0.62%
Valuation metrics:
- PEG ratio: 26.213001
- Forward PE: 26.213001
- Trailing PE: 29.428572
- Enterprise value: $2,948,462,018,560
- Price to book MRQ: 39.181313
- Price to sales TTM: 7.6151557
- Enterprise to EBITDA: 22.745
- Enterprise to revenue: 7.726
- Market capitalization: $2,906,118,684,672
Stock price summary:
- Beta: 1.264
- 50-day moving average: $173.6936
- 200-day moving average: $180.7906
- 52-week low: $164.08
- 52-week high: $199.62
- 52-week change: 8.253%
Dividends and splits:
- Payout ratio: 14.93%
- Dividend date: May 16, 2024
- Last split date: August 31, 2020
- Ex-dividend date: May 10, 2024
- Last split factor: 4-for-1 split
- Forward annual dividend rate: $1
- 5-year average dividend yield: 0.73%
- Forward annual dividend yield: 0.5266761603816345%
- Trailing annual dividend rate: $0.97
- Trailing annual dividend yield: 0.5108758755701854%
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 these figures, we can observe the following trends:
- There was a steady increase in revenue from 2020 to 2022, with a significant jump between 2021 and 2022.
- However, in 2023, there was a slight decrease in revenue compared to the previous year.
- Overall, the company has shown growth in sales over the past four years, with some fluctuations in the most recent year.
These revenue figures provide insights into the company's performance and can be used to analyze its financial health and growth trajectory.
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 from year to year, with the highest value in 2019 at $162,819,000,000.
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 2019 at $90,488,000,000.
6. The company has been relying more on non-current assets to support its operations over the years.
7. There is a significant amount of debt in the company's capital structure, both short-term and long-term.
8. Retained earnings have been positive in most years, indicating profitability and reinvestment in the business.
9. The company has been investing in machinery, furniture, and equipment as part of its non-current assets.
10. Overall, the company's financial position seems stable, but it should focus on managing its liabilities and optimizing its asset structure for long-term sustainability.
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, 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 significant changes each year, with fluctuations in common dividends, stock repurchases, and debt issuances.
6. Investing activities also vary, with changes in acquisitions, investments, and capital expenditures.
7. Overall, the company's financial performance and cash flow management have shown some variability over the years, with different trends in operating, financing, and investing activities.
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 outlook with an increase in earnings per share expected for both the next quarter and the next year compared to the previous periods. The number of analysts providing estimates also indicates a strong 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 $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 slightly higher growth 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. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1% per annum.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11% per annum.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the historical average. However, the company is still projected to experience solid growth over the next few years according to analyst consensus.
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, it can be observed that the analysts have a relatively wide range of predictions, with the low end at $164, the high end at $250, and the average at $202.26. The current price of the security paper is $191.57, which is below the median and average forecasted prices. Investors may consider these forecasts along with other factors when making decisions related to the security paper.
MACD of KUSHIND
This is not investment advice. Remember to verify the information provided here.
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