Analysis QRS Music Technologies, Inc. (QRSM)
5/27/2024
Analysis of QRS Music Technologies, Inc. (QRSM)
QRS Music Technologies, Inc. (QRSM) has been trading at a consistent price of 0.00030 over the past several days. The technical indicators such as RSI, MACD, and moving averages (SMA, EMA, WMA) are all showing values of 0.00000, indicating a lack of significant movement or trend in the stock price.Based on this data, it appears that QRSM is currently experiencing a period of stability with no clear signals of a bullish or bearish trend. Traders and investors may want to wait for more significant price movements or changes in the technical indicators before making any trading decisions related to QRSM.
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 year over year, indicating improved operational efficiency.
3. Financing activities show significant fluctuations, with large amounts being spent on common stock repurchase and debt issuance/payment.
4. Investing activities also vary, with notable amounts being spent on the sale and purchase of investments.
5. The end cash position has been fluctuating, but overall, the company seems to maintain a healthy cash reserve.
6. Interest paid has increased over the years, which could indicate higher debt levels or interest rates.
7. Income tax paid has also varied, possibly due to changes in profitability or tax regulations.
8. Stock-based compensation is a significant non-cash item that the company includes in its financial activities.
9. The company has been paying dividends consistently, with varying amounts each year.
10. Overall, the company's cash flow statement reflects a mix of operational, financing, and investing activities that impact its financial health and liquidity position.
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 $1.33, which is higher than the EPS of $1.26 from the same quarter a year ago. The range of estimates is between $1.27 and $1.36, as provided by 26 analysts.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, compared to $1.46 from the previous year. The estimates range from $1.44 to $1.63, based on projections from 25 analysts.
3. Looking at the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.59, showing an increase from the EPS of $6.13 in the previous year. The analysts' estimates range from $6.43 to $6.92, with insights provided by 39 analysts.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $7.23, with a range of estimates between $6.40 and $7.90. This compares to the EPS of $6.59 from the previous fiscal year, as projected by 39 analysts.
Overall, the analysts are forecasting growth in earnings per share for both the upcoming quarters and the next fiscal years, indicating positive expectations for 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:- The company is expected to experience a growth rate of 7.5% in the current year and 9.7% in the next year.
- For the current quarter, the growth rate is estimated to be 5.6%, while for the next quarter it is projected to be 4.8%.
- Over the next 5 years, the company is expected to have a compound annual growth rate (CAGR) of 11%.
- However, when looking at the past 5 years, the company had a higher CAGR of approximately 20.1%.
Overall, it seems that the company is expected to maintain a solid growth trajectory, with a slightly lower growth rate in the short term compared to the past performance.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median forecast of $200. However, it's important to note that there is a wide range of forecasts, from a low of $164 to a high of $250. The current price of the security is $191.57, which is below both the average and median forecasted prices.
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 results for the quarter ending on January 31, 2025, were 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 1.33.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a total cash position and total debt level reported. The company's profitability metrics such as profit margin, operating margin, return on assets, and return on equity are also provided. The income statement shows figures for EBITDA, revenue, diluted EPS, gross profit, net income, and growth rates.
Stock statistics include information on short interest, float shares, trading volumes, shares outstanding, and ownership percentages by insiders and institutions. Valuation metrics cover PEG ratio, forward and trailing P/E ratios, enterprise value, price to book, price to sales, and multiples of enterprise value to EBITDA and revenue. Market capitalization is also included.
The stock price summary features beta, moving averages, 52-week high and low prices, and the percentage change over the past year. Dividends and splits data show payout ratio, dividend dates, split history, dividend rates, and yields.
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 gross profit has generally followed the trend of increasing sales revenue.
3. The company has been able to maintain a healthy EBITDA margin, with EBITDA increasing from $81.0 billion in 2020 to $129.2 billion in 2023.
4. Net income has also shown an increasing trend, reaching $97.0 billion in 2023 from $57.4 billion in 2020.
5. The company has been able to manage its operating expenses effectively, as seen in the consistent growth in operating income over the years.
6. The basic and diluted earnings per share (EPS) have shown a slight fluctuation but have generally increased over the years.
7. The company's effective tax rate has remained relatively stable, indicating consistent tax planning strategies.
8. Overall, the financial performance of the company, as reflected in its revenues, has shown positive growth and stability over the years.
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 shown an increasing trend, 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 shown fluctuations, with the highest value in 2019 at $90,488,000,000.
6. The company has been relying more on non-current assets to finance its operations, as seen in the increasing trend of non-current assets compared to current assets.
7. The company has been financing its operations through a mix of equity and liabilities, with an increasing reliance on liabilities over the years.
8. Accumulated depreciation has been significant, affecting the value of non-current assets.
9. The company has been investing in machinery, furniture, and equipment as part of its non-current assets.
10. Retained earnings have fluctuated over the years, impacting shareholders' equity.
MACD of QRSM
This is not investment advice. Remember to verify the information provided here.
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