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5-day change | 1st Jan Change | ||
22.43 CAD | +2.14% | -0.18% | -10.18% |
May. 09 | Transcript : Parex Resources Inc. - Shareholder/Analyst Call | |
May. 09 | Transcript : Parex Resources Inc., Q1 2024 Earnings Call, May 09, 2024 |
Summary
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- Thanks to a sound financial situation, the firm has significant leeway for investment.
- The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
- The company has a low valuation given the cash flows generated by its activity.
- This company will be of major interest to investors in search of a high dividend stock.
- Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
- For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
- Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
- There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
- The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
- The group usually releases upbeat results with huge surprise rates.
Weaknesses
- As estimated by analysts, this group is among those businesses with the lowest growth prospects.
- The company's earnings growth outlook lacks momentum and is a weakness.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Oil & Gas Exploration and Production
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-10.18% | 1.63B | B+ | ||
-0.07% | 6.72B | C | ||
+13.37% | 4.78B | - | ||
+18.99% | 2.4B | C- | ||
+17.75% | 1.96B | C- | ||
-11.60% | 1.13B | D+ | ||
-.--% | 1.1B | - | - | |
+45.71% | 503M | - | - | |
+8.18% | 503M | C- | ||
-10.10% | 482M | C+ |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
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