H2O Innovation Inc (HEO.CA) Forecast, Price Target & Analyst Ratings
TSX:HEO • CA4433003064
4.25 CAD
+0.01 (+0.24%)
Last: Dec 11, 2023, 07:00 PM
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
CA$4.14
-2.50% Downside
Next Earnings Forecast
Release DateFeb 10, 2022
PeriodQ2 / 2024
EPS EstimateCA$0.01
Revenue Estimate67.266M
ChartMill Buy Consensus
77.50%
Weighted Analyst Rating Score
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.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
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.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-11-03 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-02-15 | Raymond James Capital | Initiate | Outperform |
| 2022-02-15 | Canaccord Capital | Downgrade | Hold |
| 2021-12-16 | Raymond James Financial | Upgrade | Outperform |
| 2021-12-16 | Canaccord Genuity | Upgrade | Hold |
| 2021-12-13 | RaymondJamesFinancial | Upgrade | Outperform |
| 2021-11-11 | RaymondJamesFinancial | Initiate | Outperform |
| 2021-10-06 | Raymond James Financial | Initiate | Outperform |
| 2021-09-29 | Raymond James Financial | Initiate | Outperform |
| 2021-09-29 | Canaccord Genuity | Downgrade | Hold |
| 2021-09-23 | Raymond James Financial | Initiate | Outperform |
| 2021-09-15 | National Bank Financial | Initiate | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 10, 2022
PeriodQ2 / 2024
EPS EstimateCA$0.01
Revenue Estimate67.266M
Revenue Q2Q5.35%
EPS Q2Q-65.17%
Number of Analysts4
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.
Full Analyst Estimates
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 | 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 | 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 | 6.8M 47.83% | 5M -26.47% | 6.1M 22.00% | 12.221M 100.34% | 17.069M 39.67% | 16.867M -1.18% | N/A | N/A | N/A | N/A | |
| Operating Margin | 4.71% | 2.71% | 2.41% | 4.48% | 5.74% | 5.31% | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | 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/A | N/A | N/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
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%
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 HEO stock 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 many analysts cover H2O Innovation Inc (HEO.CA) stock?
The number of analysts covering H2O Innovation Inc (HEO.CA) is 8.