ASX:NHCNew Hope Stock Price, Forecast & News

A$1.38

-0.01 (-0.72 %)

(As of 05/13/2020)

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Today's Range

A$1.33

Now: A$1.39▼

A$1.39

50-Day Range

A$1.35

MA: A$1.44▼

A$1.62

52-Week Range

A$1.02

Now: A$1.39▼

A$2.84

Volume3.20 million shs

Average Volume316,972 shs

Market Capitalization$1.15 billion

P/E Ratio7.18

Dividend Yield8.89%

BetaN/A

New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal mining in New South Wales, and Oil and Gas. The company has interests in two open cut coal mines in South East Queensland that produce thermal coal, including the New Acland project, which is located in north-west of Oakey, Queensland; and the Jeebropilly coal mine located in the West Moreton region near Ipswich. It also holds interests in oil projects and exploration permits based in the Eromanga Basin of south west Queensland; and two onshore exploration permits in the Otway Basin of south western Victoria. In addition, the company is involved in the marketing and logistics activities; and port operation and agriculture activities. It serves in Japan, Taiwan, China, Chile, Korea, Indonesia, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is based in Brookwater, Australia. New Hope Corporation Limited is a subsidiary of Washington H. Soul Pattinson and Company Limited.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for New Hope.

2.4 Community Rank

Outperform Votes
New Hope has received 79 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
New Hope has received 84 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
New Hope has received 51.53% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about New Hope and other stocks. Vote “Outperform” if you believe NHC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NHC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
New Hope is a leading dividend payer. It pays a dividend yield of 8.89%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
New Hope does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of New Hope is 62.18 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New Hope insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for New Hope are expected to decrease by -100.00% in the coming year, from A$0.18 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of New Hope is 7.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of New Hope is 7.18, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.36.
Price to Book Value per Share Ratio
New Hope has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.36 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Coal

Sub-IndustryN/A

SectorBasic Materials

Current SymbolASX:NHC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.newhopegroup.com.au

Phone+61-7-34180500

Debt

Debt-to-Equity Ratio21.96

Current Ratio1.67

Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio7.18

Forward P/E Ratio7.50

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.31 billion

Price / Sales0.88

Cash FlowA$0.07 per share

Price / Cash Flow18.97

Book ValueA$2.35 per share

Price / Book0.59

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares831,708,032

Market Cap$1.15 billion

Next Earnings DateN/A

OptionableOptionable

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New Hope (ASX:NHC) Frequently Asked Questions

How has New Hope's stock been impacted by COVID-19 (Coronavirus)?

New Hope's stock was trading at A$1.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NHC stock has increased by 14.0% and is now trading at A$1.39. View which stocks have been most impacted by Coronavirus.

How were New Hope's earnings last quarter?

New Hope Co. Limited (ASX:NHC) posted its earnings results on Tuesday, March, 20th. The company reported $0.14 earnings per share (EPS) for the quarter. View New Hope's earnings history.

How often does New Hope pay dividends? What is the dividend yield for New Hope?

New Hope declared a Interim dividend on Tuesday, March 24th. Investors of record on Tuesday, May 5th will be paid a dividend of 0.06 per share on Tuesday, May 5th. This represents a dividend yield of 5.02%. The ex-dividend date of this dividend is Monday, April 20th. View New Hope's dividend history.

Has New Hope been receiving favorable news coverage?

Media headlines about NHC stock have trended positive this week, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. New Hope earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutNew Hope.

Who are some of New Hope's key competitors?

Some companies that are related to New Hope include Yancoal Australia (YAL), Coronado Global Resources (CRN), Westshore Terminals Investment (WTE), Anglo Pacific Group (APY), Anglo Pacific Group (APF), Stanmore Coal (SMR), Bathurst Resources (BRL), Universal Coal (UNV), Tigers Realm Coal (TIG), Mastermyne Group (MYE), Rey Resources (REY), Prairie Mining (PDZ), Allegiance Coal (AHQ), Colonial Coal International (CAD) and Moreton Resources (MRV). View all competitors.

What other stocks do shareholders of New Hope own?

Based on aggregate information from My MarketBeat watchlists, some companies that other New Hope investors own include Bki Investment (BKI), Nobilis Health (HLTH), Washington H. Soul Pattinson and (SOL), Netflix (NFLX), Middleby (MIDD), Southwest Airlines (LUV), LinkedIn (LNKD), IsoRay (ISR), Concordia International (CXR) and CSX (CSX).

Who are New Hope's key executives?

New Hope's management team includes the following people:

Mr. Shane O. Stephan BBus (Dist), MBA (AGSM), MAusIMM, MAICD, MD & Director
Mr. Matthew J. Busch, Chief Financial Officer
Mr. Andrew L. Boyd, Chief Operating Officer
Ms. Janelle S. Moody, Exec. Gen. Mang. of Legal & Company
Mr. Sam Fisher, Exec. Gen. Mang. of Marketing & External Affairs

What is New Hope's stock symbol?

New Hope trades on the ASX under the ticker symbol "NHC."

What is New Hope's stock price today?

One share of NHC stock can currently be purchased for approximately A$1.39.

How big of a company is New Hope?

New Hope has a market capitalization of $1.15 billion and generates $1.31 billion in revenue each year.

What is New Hope's official website?

The official website for New Hope is www.newhopegroup.com.au.

How can I contact New Hope?

New Hope's mailing address is U 3 22 Magnolia Dr, IPSWICH, QLD 4300, Australia. The company can be reached via phone at +61-7-34180500.

This page was last updated on 6/2/2020 by MarketBeat.com Staff