Analysis Rane Engine Valve Limited (RANEENGINE)
5/30/2024
Analysis of Rane Engine Valve Limited (RANEENGINE)
Rane Engine Valve Limited has shown some fluctuations in its stock price recently. The RSI indicator has been hovering around the mid-range, indicating a balanced market sentiment. The MACD indicator has been showing some negative values, suggesting a possible bearish trend.The moving averages (SMA, EMA, WMA) have been relatively close to each other, indicating a stable trend in the stock price. However, the recent price movements have been somewhat volatile, with the stock price fluctuating between highs and lows.
Overall, Rane Engine Valve Limited seems to be experiencing some uncertainty in its stock price movement. Traders and investors may need to closely monitor the market conditions and indicators to make informed 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 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.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 it has shown a positive return on assets and return on 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 with a beta of 1.264 and a fluctuation between the fifty-two-week low and high.
Valuation metrics reveal a high PEG ratio and price-to-book ratio, with the company's market capitalization and enterprise value being substantial. The stock is trading at a relatively high forward PE ratio and trailing PE ratio.
Lastly, dividends and splits information show a consistent dividend payout, with a recent dividend date and ex-dividend date. The company has a history of dividend splits and offers a modest dividend yield.
Overall, the data paints a picture of a company with strong financial performance, significant market capitalization, and a history of dividend payouts.
Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:1. Fiscal Year 2023: Sales of $383,285,000,000
2. Fiscal Year 2022: Sales of $394,328,000,000
3. Fiscal Year 2021: Sales of $365,817,000,000
4. Fiscal Year 2020: Sales of $274,515,000,000
From these figures, we can observe the following trends:
- The company experienced a steady increase in revenue from 2020 to 2022, with a slight decrease in 2023.
- The highest revenue was recorded in 2022 at $394,328,000,000.
- Despite the decrease in revenue in 2023, the company still maintained a relatively high sales figure compared to 2021 and 2020.
These trends indicate fluctuations in the company's revenue over the past four years, with a peak in 2022 followed by a slight decline in 2023.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching the highest value of $365,725,000,000 in 2018.
2. The current assets have fluctuated, with the highest value of $16,281,900,000,000 in 2019.
3. Cash and cash equivalents have varied, with the highest value of $48,844,000,000 in 2019.
4. Non-current assets have generally increased, with the highest value of $234,386,000,000 in 2018.
5. Total liabilities have also been increasing, reaching the highest value of $290,437,000,000 in 2023.
6. Shareholders' equity has shown fluctuations, with the highest value of $107,147,000,000 in 2018.
7. The company has been relying more on non-current liabilities over the years.
8. The company has been investing more in non-current assets.
9. The company has been accumulating more cash and cash equivalents.
10. The company's retained earnings have fluctuated over the years.
Cash Flow 💶
This is a 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 seems to be stable, with some fluctuations in key financial metrics over the years.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.33, with a range from $1.27 to $1.36. This shows growth compared to the EPS of $1.26 from a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.53, with a range from $1.44 to $1.63. This also indicates growth compared to the EPS of $1.46 from a year ago.
3. For the current year ending on September 30, 2024, the average EPS estimate is $6.59, with a range from $6.43 to $6.92. This reflects an increase compared to the EPS of $6.13 from the previous year.
4. Looking ahead to the next year ending on September 30, 2025, the average EPS estimate is $7.23, with a range from $6.40 to $7.90. This forecast suggests growth compared to the EPS of $6.59 from the previous year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing consistent growth over the upcoming quarters and years.
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 achieve an average annual growth rate of 11%.
- However, when looking at the past 5 years, the company has actually achieved a higher average annual growth rate of approximately 20.1%.
Overall, the company is expected to maintain a solid growth trajectory, with a slightly lower growth rate in the short term compared to the long-term average.
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, we can see that the analysts have a range of opinions on the future price of the security, with the low end at $164, the high end at $250, and the average at $202.26. The current price is below both the average and median forecast, indicating that there is potential for growth according to the analysts' predictions.
MACD of RANEENGINE
This is not investment advice. Remember to verify the information provided here.
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