Analysis TRACTION URANIUM CORP. (TRCTF)
6/4/2024
Analysis of TRACTION URANIUM CORP. (TRCTF)
TRACtion Uranium Corp. (TRCTF) has shown some volatility in its stock price recently. The Relative Strength Index (RSI) indicates that the stock is currently overbought, standing at 84.03. This suggests that the stock may be due for a correction in the near future.Looking at the Moving Average Convergence Divergence (MACD) indicator, we see that the MACD line is above the signal line, with a positive MACD histogram. This indicates a bullish signal for the stock.
In terms of moving averages, the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all showing an upward trend, with the EMA at 0.05215 being the highest among the three.
Overall, while the RSI suggests caution due to overbought conditions, the MACD indicator and moving averages point towards a bullish sentiment for TRACtion Uranium Corp. It would be advisable to keep an eye on the RSI for a potential correction, but the overall trend seems positive for the stock.
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
Based on these estimates, we can see a projected growth in sales for both the current quarter and the next quarter compared to the same periods in the previous year. The annual sales are also expected to increase steadily over the next year, with a significant growth rate projected for the following year.
Growth estimates
Based on the consensus estimates provided:- The company is expected to experience a growth rate of 7.6% in the current year and 9.7% in the next year.
- For the current quarter and the next quarter, the growth rate is estimated to be around 5.1%.
- Over the next 5 years, the company is projected to have a compound annual growth rate (CAGR) of approximately 9.7%.
- However, in the past 5 years, the company had a higher growth rate with a CAGR of about 20.1%.
Overall, it seems that the company is expected to maintain a steady growth rate in the upcoming periods compared to the higher growth rate seen in the past 5 years.
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, 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. The average forecast is also higher than the current price, suggesting an overall positive outlook.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided at this time. 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 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 profit margin and healthy return on assets and equity. The balance sheet shows a current ratio slightly above 1, indicating good liquidity, but a high total debt to equity ratio. The income statement reflects solid revenue and net income figures, with a positive EBITDA and operating margin.
Moving on to stock statistics, the company has a low short ratio and a significant percentage of shares held by institutions. The stock price summary shows a beta above 1, with the stock trading within a range between its fifty-two-week low and high.
Valuation metrics indicate a relatively high PEG ratio and price-to-book ratio, with the stock trading at a forward PE multiple. The enterprise value is substantial compared to revenue and EBITDA figures, with a market capitalization reflecting the company's size.
Lastly, dividends and splits information reveal details about the company's dividend payments, including the payout ratio, dividend dates, and historical dividend yields. The company has also undergone a stock split in the past.
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 decrease in sales from FY 2022 to FY 2023.
- There was a significant increase in sales from FY 2021 to FY 2022.
- The sales figures have been increasing over the past four years, indicating a general growth trend in revenue for the company.
- The company's revenue more than doubled from FY 2020 to FY 2023.
These trends suggest that the company has been experiencing overall growth in its revenue over the past four fiscal years, with some fluctuations in between.
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 fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
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 been relatively stable over the years, indicating consistent operational performance.
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 variability, with large amounts being spent on common stock repurchase and debt issuance/payments.
6. Investing activities also vary, with significant amounts being spent on the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company's financial activities show a mix of stability and variability, indicating a dynamic financial strategy.
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 year ending on September 30, 2024, the average EPS is projected to be $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, analysts forecast an average EPS of $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 indicate a positive outlook for the company's earnings per share, with expected growth in both the short term and the long term.
MACD of TRCTF
This is not investment advice. Remember to verify the information provided here.
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