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's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
6.605000
forwardPE
15.294049
debtToEquity
0.477000
earningsGrowth
0.458000
revenueGrowth
0.079000
grossMargins
0.236750
operatingMargins
0.117180
trailingEps
38.790000
forwardEps
0.000000
A current ratio of 6.605 for Avanti Feeds Limited implies that the company has ample liquidity to meet its short-term debts. Avanti Feeds Limited's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities. AVANTIFEED's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
Price projections:
Price projections for AVANTIFEED Price projections for AVANTIFEED have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in AVANTIFEED's market potential.
Recommendation changes over time:
Recommendations trend for AVANTIFEED
Analysts' buy bias for AVANTIFEED signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to AVANTIFEED, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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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