Avanti Feeds Limited manufactures and sells shrimp feeds in India, Europe, the United States of America, Japan, Korea, China, Russia, Canada, and the Middle East. The company operates through Shrimp Feed, Shrimp Hatchery, and Power Generation segments. It provides shrimp feeds for aqua culture to grow shrimps, as well as offers hatchery which produces shrimp seeds to aqua farmers. Avanti Feeds Limited engages in generation and distribution of electricity. The company was incorporated in 1993 and is based in Hyderabad, India.
Revenue projections:
Revenue projections for AVANTIFEED AVANTIFEED is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
4.610000
forwardPE
17.690632
debtToEquity
0.441000
earningsGrowth
0.349000
revenueGrowth
0.188000
grossMargins
0.263500
operatingMargins
0.110920
trailingEps
45.410000
forwardEps
0.000000
AVANTIFEED's current ratio of 4.61 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. AVANTIFEED's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities. Avanti Feeds Limited's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential. Positive earnings and revenue growth for AVANTIFEED suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion.
Price projections:
Price projections for AVANTIFEED AVANTIFEED's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in AVANTIFEED's ability to achieve future growth.
AVANTIFEED's price has risen above the higher end of expected projections, demonstrating impressive growth. Nevertheless, the lack of room for additional increases may indicate that the stock is entering a consolidation phase, which could limit short-term upside potential.
Recommendation changes over time:
Recommendations trend for AVANTIFEED
The recent buy bias from analysts suggests AVANTIFEED is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, AVANTIFEED appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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