SEACOR Holdings Inc. (NYSE:CKH) has reported EPS of $0.24 for its last quarter. For the ongoing quarter, market analysts are anticipating EPS to come to $-0.69.
The EPS that SEACOR Holdings Inc. has announced for the recent quarter stemmed from sales of 190.45M%, which grew -0.12%% from the same period, a year ago.
To generate the revenue, SEACOR Holdings Inc. recorded direct expenses amounting to $174.36M, being the cost of sales. After subtracting the same, the firm closed with gross profit of $16.09M.
Let’s look into the technical of the stock
The Barchart Technical Opinion rating is a 40% Sell with a Weakest short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.
Because, company incurred other costs in the course of its businesses, deducting from the gross profit and dividing the variance by the number of shares due yielded the recorded revenue of $0.24. Investors should bear in mind that SEACOR Holdings Inc. closed the last quarter with diluted shares due amounting to 17.36M.
SEACOR Holdings Inc.’s debt exiting the last quarter amounted to 364.58M%, indicating that the debt grew/declined by growing from the preceding period.
What is SEACOR Holdings Inc.’s liquidity position and can it continue funding its businesses? The firm closed the previous quarter with cash balance of 422.97M%, having posted free cash flow of $(46.86M) during the last quarter. Net cash flow from businesses during the quarter was $30.76M, resulting in net change in cash of $(32.63M).
What about the performance of the firm’s balance sheet? SEACOR Holdings Inc. had total assets of $2.95B at the end of the recent quarter, whereas total liabilities amounted to $1.73B.
As for the Wall Street sentiment pertaining the stock, some 2 analysts have remarked on SEACOR Holdings Inc. so far, giving it an average recommendation of Overweight. Investors should understand that a call of 1 up to 1.24 implies the stock is a BUY, whereas recommendation of 2.75 up to 3.00 implies a stock is a SELL.