H2O Innovation Inc (HEO.CA) Forecast, Price Target & Analyst Ratings

TSX:HEO • CA4433003064

Current stock price

4.25 CAD
+0.01 (+0.24%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for H2O Innovation Inc (HEO.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$4.14
-2.50% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 10, 2022
Period
Q2 / 2024
EPS Estimate
CA$0.01
Revenue Estimate
67.266M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
77.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$4.14
Upside
-2.50%
From current price of CA$4.25 to mean target of CA$4.14, Based on 8 analyst forecasts
Low
CA$3.54
Median
CA$4.34
High
CA$4.46

Price Target Revisions

1 Month
-1.52%
3 Months
8.65%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for HEO.CA. The average price target is 4.14 CAD. This implies a price decrease of -2.5% is expected in the next year compared to the current price of 4.25.
The average price target has been revised upward by 8.65% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

HEO Current Analyst RatingHEO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

HEO Historical Analyst RatingsHEO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
77.50%
HEO.CA was analyzed by 8 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about HEO.CA.
In the previous month the buy percentage consensus was at a similar level.
HEO.CA was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-03National Bank of Canada FinancialDowngrade Outperform
2022-02-15Raymond James CapitalInitiate Outperform
2022-02-15Canaccord CapitalDowngrade Hold
2021-12-16Raymond James FinancialUpgrade Outperform
2021-12-16Canaccord GenuityUpgrade Hold
2021-12-13RaymondJamesFinancialUpgrade Outperform
2021-11-11RaymondJamesFinancialInitiate Outperform
2021-10-06Raymond James FinancialInitiate Outperform
2021-09-29Raymond James FinancialInitiate Outperform
2021-09-29Canaccord GenuityDowngrade Hold
2021-09-23Raymond James FinancialInitiate Outperform
2021-09-15National Bank FinancialInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 10, 2022
Period
Q2 / 2024
EPS Estimate
CA$0.01
Revenue Estimate
67.266M
Revenue Q2Q
5.35%
EPS Q2Q
-65.17%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
-3.44%
Revenue (3 Months)
96,282.10%
EPS (1 Month)
-50.00%
EPS (3 Months)
-50.00%

Next Earnings Summary

HEO.CA is expected to report earnings on 2/10/2022. The consensus EPS estimate for the next earnings is 0.01 CAD and the consensus revenue estimate is 67.27M CAD.
The next earnings revenue estimate has been revised upward by 96282.1% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
HEO.CA revenue by date.HEO.CA revenue by date.
144.3M
8.01%		184.4M
27.79%		253.3M
37.36%		272.5M
7.58%		297.55M
9.19%		317.54M
6.72%		337.4M
6.25%		363.96M
7.87%		388.39M
6.71%		413.94M
6.58%
EBITDA
YoY % growth
HEO.CA ebitda by date.HEO.CA ebitda by date.
14.13M
19.75%		14.23M
0.71%		18.34M
28.88%		25.654M
39.88%		32.017M
24.80%		36.388M
13.65%		39.002M
7.18%		42.657M
9.37%		46.424M
8.83%		52.023M
12.06%
EBIT
YoY % growth
HEO.CA ebit by date.HEO.CA ebit by date.
6.8M
47.83%		5M
-26.47%		6.1M
22.00%		12.221M
100.34%		17.069M
39.67%		16.867M
-1.18%		N/AN/AN/AN/A
Operating Margin
HEO.CA operating margin by date.HEO.CA operating margin by date.
4.71%2.71%2.41%4.48%5.74%5.31%N/AN/AN/AN/A
EPS
YoY % growth
HEO.CA eps by date.HEO.CA eps by date.
0.03
144.44%		0.01
-67.86%		0.06
512.22%		0.04
-26.68%		0.10
150.00%		0.19
89.10%		0.21
10.52%		N/AN/AN/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.01
-65.17%		0.02
-27.86%		0.02
857.50%
Revenue
Q2Q % growth		67.266M
5.35%		72.215M
5.64%		73.124M
12.57%
EBITDA
Q2Q % growth		6.464M
-23.95%		7.474M
-37.35%		7.171M
-37.53%
EBIT
Q2Q % growth		3.889M
54.33%		4.495M
53.94%		3.232M
525.26%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

HEO.CA Yearly Revenue VS EstimatesHEO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M
HEO.CA Yearly EPS VS EstimatesHEO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
51.34%
EPS Next 5 Year
39.90%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.18%
Revenue Next 5 Year
7.73%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
64.91%
EBIT Next 5 Year
39.36%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

H2O Innovation Inc / HEO.CA Forecast FAQ

Can you provide the average price target for H2O Innovation Inc stock?

8 analysts have analysed HEO.CA and the average price target is 4.14 CAD. This implies a price decrease of -2.5% is expected in the next year compared to the current price of 4.25.

Can you provide the upcoming earnings date for H2O Innovation Inc?

H2O Innovation Inc (HEO.CA) will report earnings on 2022-02-10.

What are the consensus estimates for H2O Innovation Inc (HEO.CA) next earnings?

The consensus EPS estimate for the next earnings of H2O Innovation Inc (HEO.CA) is 0.01 CAD and the consensus revenue estimate is 67.27M CAD.

How do analysts rate H2O Innovation Inc (HEO.CA)?

The consensus rating for H2O Innovation Inc (HEO.CA) is 77.5 / 100 . This indicates that analysts generally have a positive outlook on the stock.