Analysis Westbridge Energy Corp (WEGYF)
5/27/2024
Analysis of Westbridge Energy Corp (WEGYF)
Westbridge Energy Corp (WEGYF) has shown some interesting price movements and technical indicators in the past few days:1. **Price Movement**: The stock price has been fluctuating between 0.63300 and 0.76340 over the past 10 days, showing some volatility in the market.
2. **RSI Indicator**: The Relative Strength Index (RSI) has been fluctuating between 44.08721 and 73.11039, indicating that the stock has been moving between being oversold and overbought.
3. **MACD Indicator**: The Moving Average Convergence Divergence (MACD) indicator has shown positive values, with the MACD line consistently above the signal line, indicating a bullish trend.
4. **Moving Averages**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been relatively close to each other, indicating a stable trend in the stock price.
Overall, Westbridge Energy Corp (WEGYF) seems to be in a bullish phase based on the MACD indicator, but investors should keep an eye on the RSI indicator for potential overbought conditions.
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 2019 at $90,488,000,000.
6. The company has been relying more on non-current assets to finance its operations 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 year over year, 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 a pattern of common stock repurchase, long-term debt issuance, and payments, with significant fluctuations in values.
6. Investing activities indicate a mix of acquisitions, investments, and capital expenditures, with varying levels of cash flow.
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 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 $1.33, 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 indicates an increase 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 growth compared to the EPS of $6.13 from the previous year.
4. For 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 suggests an increase compared to the EPS of $6.59 from the current year.
Overall, the analysts are forecasting growth in earnings per share for both the upcoming quarters and the next two fiscal 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 have a compound annual growth rate (CAGR) of 11%.
- However, in the past 5 years, the company had a higher CAGR of approximately 20.1%.
Overall, the company is expected to maintain a solid growth trajectory, with a slightly higher growth rate projected for the next 5 years compared to the current and upcoming shorter periods.
Price target
Based on the analysts' forecast, the future price of the security is expected to range between $164 (low) and $250 (high), with a median estimate of $200 and an average estimate of $202.26. The current price of the security is $191.57.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 1.33.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, we see that the company has strong cash flow with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet shows a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31%, with a fiscal year ending on September 30, 2023. The income statement reveals an EBITDA of $131.39 billion, revenue of $381.62 billion, and a diluted EPS of 6.44.
Moving on to stock statistics, we observe a short ratio of 1.66, float shares of 15.31 billion, and shares short of 94.31 million. The stock has outstanding shares of 15.33 billion, with 5.22% held by insiders and 57.56% held by institutions.
Valuation metrics show a PEG ratio of 26.21, forward PE of 26.21, and trailing PE of 29.43. The enterprise value is $2.95 trillion, with a price to book ratio of 39.18 and price to sales ratio of 7.62. The stock has an enterprise to EBITDA ratio of 22.75 and enterprise to revenue ratio of 7.73, with a market capitalization of $2.91 trillion.
The stock price summary includes a beta of 1.264, 50-day moving average of $173.69, 200-day moving average of $180.79, and a 52-week range from $164.08 to $199.62.
Lastly, dividends and splits information shows a payout ratio of 14.93%, with a dividend date set for May 16, 2024. The last split date was on August 31, 2020, with a 4-for-1 split factor. The company has a forward annual dividend rate of $1, a 5-year average dividend yield of 0.73%, and a trailing annual dividend yield of 0.51%.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales have been increasing steadily over the past four fiscal years.
2. The EBITDA has also shown a positive trend, indicating strong operational performance.
3. Net income has been growing consistently, reflecting the company's profitability.
4. Despite fluctuations in other income and expenses, the company has managed to maintain a healthy bottom line.
5. The basic and diluted earnings per share (EPS) have shown a slight variation but have generally been on an upward trajectory.
6. The company has effectively managed its operating expenses in relation to its revenue growth.
7. Overall, the financial performance of the company, as indicated by its revenue figures, seems to be on a positive trajectory.
MACD of WEGYF
This is not investment advice. Remember to verify the information provided here.
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