Analysis Shelf Drilling Ltd. (SHLLF)
6/5/2024
Analysis of Shelf Drilling Ltd. (SHLLF)
Shelf Drilling Ltd. (SHLLF) has shown consistent price stability with the closing price remaining at $2.20 over the past few days. The Relative Strength Index (RSI) is indicating overbought conditions at 81.93, suggesting a potential reversal in the near future.The Moving Average Convergence Divergence (MACD) indicator is showing positive momentum with the MACD line above the signal line and a positive MACD histogram. This indicates a bullish trend in the stock price.
The Moving Average (MA) indicator is also showing an upward trend, with the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) all trending higher.
Overall, based on the technical indicators, Shelf Drilling Ltd. appears to be in a bullish phase with potential for a price reversal due to the overbought RSI. Traders and investors may want to monitor the stock closely for any signs of a trend reversal.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company are as follows:1. **Current Quarter (as of June 30, 2024):**
- Average Estimate: $77,545,400,000
- Low Estimate: $75,869,000,000
- High Estimate: $79,035,500,000
- Sales Growth: 2%
- Year Ago Sales: $75,725,200,000
- Number of Analysts: 25
2. **Next Quarter (as of September 30, 2024):**
- Average Estimate: $85,501,800,000
- Low Estimate: $81,634,900,000
- High Estimate: $91,144,800,000
- Sales Growth: 3%
- Year Ago Sales: $82,854,600,000
- Number of Analysts: 25
3. **Current Year (as of September 30, 2024):**
- Average Estimate: $357,772,000,000
- Low Estimate: $350,189,000,000
- High Estimate: $364,505,000,000
- Sales Growth: 1%
- Year Ago Sales: $354,834,000,000
- Number of Analysts: 38
4. **Next Year (as of September 30, 2025):**
- Average Estimate: $380,772,000,000
- Low Estimate: $353,721,000,000
- High Estimate: $403,636,000,000
- Sales Growth: 6%
- Year Ago Sales: $357,772,000,000
- Number of Analysts: 38
**Key Takeaways:**
- The analysts are generally optimistic about the company's future sales, with growth expected in both the quarterly and annual figures.
- The sales growth rates vary for each period, with the highest growth expected in the next year.
- The number of analysts providing estimates is consistent across the different time frames, indicating a stable level of interest in the company's performance.
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 a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. It indicates a steady but slightly slower growth trajectory in the future.
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 on 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 both the average and median forecasted prices. Investors may consider these forecasts when making decisions about buying or selling the security.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided yet. The previous results were reported on February 27, 2025, through the Transfer Agent. Before that, on January 31, 2025, the results were released after hours. The results for October 31, 2024, were not provided at the specified time. 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 it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a relatively low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and price-to-book ratio, while the forward and trailing P/E ratios are also notable. The company's market capitalization and enterprise value are substantial, with moderate ratios for enterprise value to EBITDA and revenue.
The stock price summary includes beta, moving averages, and the range of prices over the past year.
Lastly, dividends and splits information shows the company's dividend history, payout ratio, and dividend yield metrics. The company has a regular dividend payout and has undergone a stock split in the past.
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 need for cost management.
3. The gross profit margin has remained relatively stable over the years, indicating efficient cost control measures.
4. Operating income has shown a positive trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
5. Net income has also been increasing consistently, 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 an upward trajectory.
7. The company has been able to maintain a healthy EBITDA margin over the years, indicating operational efficiency.
8. Overall, the financial performance of the company in terms of revenue and profitability has been positive and improving.
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 include cash, inventory, and receivables, with a significant portion in cash equivalents and short-term investments.
3. Non-current assets consist mainly of investments and advances, along with machinery, furniture, and equipment.
4. Total liabilities have also been increasing, but at a slower pace compared to assets.
5. Shareholders' equity has shown a positive trend, indicating a healthy financial position.
6. The company has been investing in leases, land, and improvements, reflecting a focus on long-term growth.
7. There is a consistent amount of debt in the company's capital structure, both short-term and long-term.
8. The company has been managing its risks by setting aside provisions for risks and charges.
9. Overall, the financial health of the company seems stable and growing steadily 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 common stock repurchases and debt issuances impacting the cash flow.
6. Investing activities also vary, with acquisitions, investments, and capital expenditures affecting the cash flow.
7. Overall, the company's financial performance seems to be stable, with some fluctuations in key financial indicators.
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 EPS estimate 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 EPS estimate 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 estimate 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 year.
4. For the next year ending on September 30, 2025, the average EPS estimate is $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 point towards a positive trend of increasing earnings per share for the company in both the short term and the long term.
MACD of SHLLF
This is not investment advice. Remember to verify the information provided here.
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