The price of IHS Holding Ltd (NYSE: IHS) closed at $2.51 in the last session, up 4.58% from day before closing price of $2.40. In other words, the price has increased by $+0.1100 from its previous closing price. On the day, 1052331 shares were traded.
Ratios:
We take a closer look at IHS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 16.18 whereas as Long-Term Debt/Eq ratio is at 14.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on November 09, 2022, initiated with a Overweight rating and assigned the stock a target price of $12.
On June 10, 2022, Tigress Financial started tracking the stock assigning a Buy rating and target price of $22.
JP Morgan Upgraded its Neutral to Overweight on November 18, 2021, whereas the target price for the stock was revised from $20 to $22.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IHS now has a Market Capitalization of 799.66M and an Enterprise Value of 4.51B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 2.11 whereas that against EBITDA is -5.40.
Stock Price History:
The Beta on a monthly basis for IHS is 1.11, which has changed by -66.90% over the last 52 weeks, in comparison to a change of 30.58% over the same period for the S&P500. Over the past 52 weeks, IHS has reached a high of $10.13, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is 3.5324, while the 200-Day Moving Average is calculated to be 5.8622.
Shares Statistics:
According to the various share statistics, IHS traded on average about 577.42K shares per day over the past 3-months and 430.01k shares per day over the past 10 days. A total of 331.92M shares are outstanding, with a floating share count of 148.33M. Insiders hold about 55.48% of the company’s shares, while institutions hold 18.87% stake in the company. Shares short for IHS as of Feb 15, 2024 were 842.56k with a Short Ratio of 1.46, compared to 574.57k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.25% and a Short% of Float of 0.68%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.17 and a low estimate of -$0.14, while EPS last year was -$0.82. The consensus estimate for the next quarter is $0.06, with high estimates of $0.19 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$4.3 and -$4.54 for the fiscal current year, implying an average EPS of -$4.42. EPS for the following year is $0.58, with 4 analysts recommending between $0.85 and $0.47.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $476.18M. It ranges from a high estimate of $487.2M to a low estimate of $460.3M. As of the current estimate, IHS Holding Ltd’s year-ago sales were $526.17M, an estimated decrease of -9.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $447.49M, a decrease of -25.70% less than the figure of -$9.50% in the same quarter last year. There is a high estimate of $497.83M for the next quarter, whereas the lowest estimate is $353.14M.
A total of 6 analysts have provided revenue estimates for IHS’s current fiscal year. The highest revenue estimate was $2.12B, while the lowest revenue estimate was $2.08B, resulting in an average revenue estimate of $2.1B. In the same quarter a year ago, actual revenue was $1.96B, up 6.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2B in the next fiscal year. The high estimate is $2.06B and the low estimate is $1.77B. The average revenue growth estimate for next year is down -4.70% from the average revenue estimate for this year.
