Analysis Resonate Blends Inc. (KOAN)
6/5/2024
Analysis of Resonate Blends Inc. (KOAN)
Resonate Blends Inc. (KOAN) has been trading relatively flat recently, with the price closing around $0.0325 for the past few days. The Relative Strength Index (RSI) is around 50, indicating a neutral sentiment in the market.Looking at the Moving Average Convergence Divergence (MACD) indicator, we see that the MACD line is close to the signal line, suggesting a potential trend reversal. The MACD histogram is positive, indicating some bullish momentum.
In terms of moving averages, the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all close to the current price, indicating a consolidation phase.
Overall, Resonate Blends Inc. seems to be in a period of consolidation with neutral sentiment in the market. Traders and investors may want to wait for a clearer trend before making any significant trading decisions.
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 released after hours. The results from October 31, 2024, were not supplied at a specific time. The results from August 1, 2024, showed an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provides a comprehensive overview of the financial and stock-related metrics for a specific company. Here are the key points:1. **Financials**:
- **Cash Flow**: Operating cash flow for the trailing twelve months (TTM) is $110,563,000,320. Levered free cash flow TTM is $84,726,874,112.
- **Balance Sheet**: Total cash on a quarterly basis is $67,150,000,128. Total debt on a quarterly basis is $104,590,000,128. Current ratio is 1.037. Book value per share is $4.837. Total cash per share is $4.379. Total debt to equity ratio is 140.968.
- **Profit Margin**: The profit margin is 26.306%.
- **Income Statement**: EBITDA is $131,393,000,000. Revenue TTM is $381,623,009,280. Diluted EPS TTM is $6.43. 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%. Quarterly earnings growth year-over-year is -2.2%.
- **Operating Margin**: The operating margin is 30.743%.
- **Return on Assets**: Return on assets TTM is 22.073999%.
- **Return on Equity**: Return on equity TTM is 147.25%.
2. **Stock Statistics**:
- Short ratio is 1.53.
- Float shares are 15,308,320,742.
- Shares short are 99,287,450.
- Average 10-day volume is 46,860,048.
- Average 90-day volume is 57,498,254.
- Shares outstanding are 15,334,099,968.
- Percent held by insiders is 5.22%.
- Percent held by institutions is 57.589%.
- Short percent of shares outstanding is 0.65%.
3. **Valuations Metrics**:
- PEG ratio is 26.319502.
- Forward PE ratio is 26.319502.
- Trailing PE ratio is 29.59409.
- Enterprise value is $2,950,762,332,160.
- Price to book ratio on a quarterly basis is 39.3405.
- Price to sales TTM is 7.646095.
- Enterprise to EBITDA ratio is 22.763.
- Enterprise to revenue ratio is 7.732.
- Market capitalization is $2,917,925,650,432.
4. **Stock Price Summary**:
- Beta is 1.264.
- 50-day moving average is $176.2646.
- 200-day moving average is $181.0429.
- 52-week low is $164.08.
- 52-week high is $199.62.
- 52-week change is 6.853%.
5. **Dividends and Splits**:
- Payout ratio is 14.93%.
- Dividend date is May 16, 2024.
- Last split date was August 31, 2020 (4-for-1 split).
- Ex-dividend date is May 10, 2024.
- Forward annual dividend rate is $1.
- 5-year average dividend yield is 0.73%.
- Forward annual dividend yield is 0.5255%.
- Trailing annual dividend rate is $0.97.
- Trailing annual dividend yield is 0.5097%.
Income statement 💸
These are the revenue figures. 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 a potential decrease in profit margins.
3. The company's gross profit has fluctuated over the years, reaching its peak in 2023 at $169.1 billion.
4. Operating income has shown an upward trend, with the company generating $114.3 billion in 2023 compared to $66.3 billion in 2020.
5. Net income has also been increasing annually, reaching $97 billion in 2023 from $57.4 billion in 2020.
6. Earnings per share (EPS) have shown a slight fluctuation but have generally been on the rise.
7. The company has been able to maintain a consistent number of outstanding shares over the years.
8. Overall, the financial performance of the company in terms of revenue and income has been positive, with steady growth in sales and profitability.
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 2018 at $107,147,000,000.
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 taking on more debt over the years, as indicated by the increasing total liabilities.
8. Shareholders' equity has not been growing at a steady rate, showing fluctuations over the years.
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. Financing activities show significant changes, with fluctuations in common stock repurchases, debt issuances, and dividends.
5. Investing activities also vary, with notable amounts spent on acquisitions, investments, and capital expenditures.
6. The end cash position has been fluctuating, but generally, the company has maintained a healthy cash balance.
7. Stock-based compensation has been a significant factor in the company's financial activities.
8. The company has engaged in the sale and purchase of investments, impacting its cash flow 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 $1.23, 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 fiscal year ending on September 30, 2024, the average estimated EPS is $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 fiscal year.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This suggests further growth compared to the EPS of $6.10 in the current fiscal year.
Overall, the analysts' estimates point towards a positive trend of increasing earnings per share for the company 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, showing a sales growth of 3% from the previous year. There are also 25 analysts contributing to these estimates.
3. Looking at 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 for the full year is 38.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $380,772,000,000, indicating a significant sales growth of 6% from the current fiscal year. The number of analysts providing estimates remains at 38.
These estimates suggest a moderate but steady growth trend in both quarterly and annual sales for the company over the next few quarters and years.
Growth estimates
Based on the consensus estimates provided:- The current year growth rate is 7.6%
- The next quarter growth rate is 5.1%
- The current quarter growth rate is 5.1%
- The next year growth rate is 9.7%
- The average annual growth rate for the next 5 years is 9.7%
- The average annual growth rate for the past 5 years is 20.1%
It can be observed that the company is expected to experience a significant increase in growth rate in the next year compared to the current year. However, the growth rate is expected to slow down in the next quarter compared to the current and past 5 years. The average annual growth rate for the next 5 years is expected to be in line with the next year's growth rate.
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
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median forecast above the current price. The range between the low and high forecasts is quite wide, indicating some uncertainty or differing opinions among analysts.
MACD of KOAN
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
