OTCMKTS:HEOFF

H2O Innovation (HEOFF) Stock Forecast, Price & News

$1.83

-0.06 (-3.18%)

(As of 09/21/2023 ET)

Compare

Today's Range: $1.83
▼
$1.89
50-Day Range: $1.83
▼
$2.43
52-Week Range: $1.41
▼
$2.50

Volume: 28,829 shs
Average Volume: 6,730 shs
Market Capitalization: $164.27 million

P/E Ratio: 60.85
Dividend Yield: N/A
Price Target: $3.25

Profile Analyst Ratings Chart Competitors Earnings Headlines Short Interest

H2O Innovation MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 78.1% Upside
$3.25 Price Target
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $3.25, H2O Innovation has a forecasted upside of 78.1% from its current price of $1.83.
Amount of Analyst Coverage
H2O Innovation has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of H2O Innovation have been sold short.
Short Interest Ratio / Days to Cover
H2O Innovation has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in H2O Innovation has recently decreased by 80.90%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
H2O Innovation does not currently pay a dividend.
Dividend Growth
H2O Innovation does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HEOFF.

2.8

News and Social Media Coverage

News Sentiment
H2O Innovation has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for H2O Innovation this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, H2O Innovation insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.89% of the stock of H2O Innovation is held by insiders.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of H2O Innovation is 60.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of H2O Innovation is 60.85, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.27.
Price to Book Value per Share Ratio
H2O Innovation has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About H2O Innovation (OTCMKTS:HEOFF) Stock

H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology. It operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company offers membrane filtration technology for municipal, industrial, energy, and natural resources end-users; and aftersales services, as well as digital solutions to monitor and optimize water treatment plants. Its products include the FiberFlex open-source technologies for water treatment systems; and the flexMBR for wastewater treatment systems. The company also offers specialty chemicals, consumables, and specialized products for the water industry, including reverse osmosis (RO) membrane chemicals, such as antiscalants, flocculants, biocides, and cleaning chemicals; corrosion resistant equipment for desalination plants; flexible grooved-end couplings, fiberglass reinforced polyester (FRP) cartridge filter housings, self-cleaning disc and screen filters, bag filters, cartridges, and strainers; and maple equipment and products. In addition, it operates, maintains, and repairs water and wastewater treatment systems, distribution equipment, and associated assets. The company was founded in 2000 and is headquartered in Quebec City, Canada.

HEOFF Price History

30 days | 90 days | 365 days | Advanced Chart

HEOFF Stock News Headlines

September 19, 2023 | finance.yahoo.com

Agri-Food Industry: Update on H2O Innovation’s Maple Business Line

September 6, 2023 | finance.yahoo.com

Four New Projects Add $13.6 M to H2O Innovation’s WTS Backlog

September 22, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

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August 22, 2023 | finance.yahoo.com

Those who invested in H2O Innovation (TSE:HEO) three years ago are up 157%

July 15, 2023 | businesswire.com

H 2 O Innovation Officializes the Launch of its Mobile Fleet and Increases Blue Loan Credit Facility by $10 M to Support it

July 13, 2023 | finance.yahoo.com

H2O Innovation Officializes the Launch of its Mobile Fleet and Increases Blue Loan Credit Facility by $10 M to Support it

June 28, 2023 | finance.yahoo.com

H2O Innovation Awarded Six New Water Treatment Projects, Totalling $9.4 M

June 9, 2023 | finance.yahoo.com

Has H2O Innovation Inc. (TSE:HEO) Stock's Recent Performance Got Anything to Do With Its Financial Health?

September 22, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

June 8, 2023 | marketwatch.com

H2O Innovation Gets Purchase Orders in Saudi Arabia, United Arab Emirates

May 23, 2023 | finance.yahoo.com

Should You Be Adding H2O Innovation (TSE:HEO) To Your Watchlist Today?

May 16, 2023 | finance.yahoo.com

H2O Innovation Awarded New O&M Contracts and Renews Existing Contracts, Amounting to $5.4 M

May 11, 2023 | businesswire.com

H 2 O Innovation Reports Third Quarter Results-Momentum Maintained on Revenue Growth

May 6, 2023 | finance.yahoo.com

An Intrinsic Calculation For H2O Innovation Inc. (TSE:HEO) Suggests It's 29% Undervalued

April 25, 2023 | theglobeandmail.com

Closing Bell: H2O Innovation Inc down on Tuesday (HEO)

April 12, 2023 | theglobeandmail.com

Closing Bell: H2O Innovation Inc down on Wednesday (HEO)

April 10, 2023 | theglobeandmail.com

Closing Bell: H2O Innovation Inc up on Monday (HEO)

April 6, 2023 | finance.yahoo.com

H2O Innovation Awarded $8.4 M of New Water and Wastewater Projects

February 15, 2023 | finance.yahoo.com

H2O Innovation Announces the Appointment of a New Board Member

February 14, 2023 | markets.businessinsider.com

National Bank Reaffirms Their Buy Rating on H2O Innovation (HEOFF)

February 14, 2023 | finance.yahoo.com

H2O Innovation Reports Second Quarter Results

December 31, 2022 | finance.yahoo.com

H2O Innovation Inc.'s (TSE:HEO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

December 14, 2022 | finance.yahoo.com

Do H2O Innovation's (TSE:HEO) Earnings Warrant Your Attention?

December 6, 2022 | finance.yahoo.com

H2O Innovation Is Granted its First Blue Loan of $65 M to Fund its Continued Growth in Water Technology and Solutions

November 23, 2022 | finance.yahoo.com

H2O Innovation Announces the Date of its Shareholders’ Annual General Meeting

October 24, 2022 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At H2O Innovation (TSE:HEO)

September 22, 2022 | finance.yahoo.com

H2O Innovation Awarded $12.0 M of New Water Treatment Projects

See More Headlines

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HEOFF Company Calendar

Today: 9/22/2023
Next Earnings (Estimated): 9/26/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Laboratory apparatus & furniture
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: OTCMKTS:HEOFF
Previous Symbol: NASDAQ:HEOFF
CUSIP: N/A
CIK: N/A
Web: www.h2oinnovation.com
Phone: (418) 688-0170
Fax: 418-688-9259
Employees: 1,060
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.25
High Stock Price Forecast: $3.50
Low Stock Price Forecast: $3.00
Forecasted Upside/Downside: +78.1%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.03
Trailing P/E Ratio: 60.85
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $4.03 million
Net Margins: 1.46%
Pretax Margin: 0.27%
Return on Equity: 9.46%
Return on Assets: 4.48%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 2.31
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $145.66 million
Price / Sales: 1.13
Cash Flow: $0.15 per share
Price / Cash Flow: 12.10
Book Value: $0.85 per share
Price / Book: 2.15

Miscellaneous

Outstanding Shares: 90,010,000
Free Float: 85,606,000
Market Cap: $164.27 million
Optionable: Not Optionable
Beta: 0.63

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Key Executives

Mr. Frederic Dugre
Co-Founder, Pres, CEO & Director

Mr. Marc Blanchet
Chief Financial Officer

Mr. Guillaume Clairet
Chief Operating Officer

Mr. Gregory L. Madden
Chief Strategic Officer

Mr. William Douglass
VP and MD of Operation & Maintenance

Ms. Edith Allain
VP of Corp. & Legal Affairs and Sec.

Mr. Alejandro Sturniolo
VP of Marketing & Sustainability

Ms. Frederique Sheehy-Denis
HR Director

Mr. Denis Guibert
VP & MD of Water Technologies and Services - Ontario

Mr. Rock Gaulin
VP and MD of Manufacturing & Maple - Québec

Key Competitors

View All Competitors

HEOFF Stock - Frequently Asked Questions

What is H2O Innovation's stock price forecast for 2023?: 0 equities research analysts have issued 12 month price targets for H2O Innovation's stock. Their HEOFF share price forecasts range from $3.00 to $3.50. On average, they predict the company's stock price to reach $3.25 in the next twelve months. This suggests a possible upside of 78.1% from the stock's current price.
View analysts price targets for HEOFF or view top-rated stocks among Wall Street analysts.
How have HEOFF shares performed in 2023?: H2O Innovation's stock was trading at $1.91 at the start of the year. Since then, HEOFF shares have decreased by 4.5% and is now trading at $1.8250.
View the best growth stocks for 2023 here.
Are investors shorting H2O Innovation?: H2O Innovation saw a decrease in short interest in August. As of August 31st, there was short interest totaling 1,700 shares, a decrease of 80.9% from the August 15th total of 8,900 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is currently 0.2 days.
View H2O Innovation's Short Interest.
When is H2O Innovation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 26th 2023.
View our HEOFF earnings forecast.

What is H2O Innovation's stock symbol?: H2O Innovation trades on the OTCMKTS under the ticker symbol "HEOFF."
How do I buy shares of H2O Innovation?: Shares of HEOFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is H2O Innovation's stock price today?: One share of HEOFF stock can currently be purchased for approximately $1.83.
How much money does H2O Innovation make?: H2O Innovation (OTCMKTS:HEOFF) has a market capitalization of $164.27 million and generates $145.66 million in revenue each year. The company earns $4.03 million in net income (profit) each year or $0.03 on an earnings per share basis.
How many employees does H2O Innovation have?: The company employs 1,060 workers across the globe.
How can I contact H2O Innovation?: H2O Innovation's mailing address is 330 Saint-Vallier Street East Suite 340, Quebec A8, G1K 9C5. The official website for the company is www.h2oinnovation.com. The company can be reached via phone at (418) 688-0170, via email at investor@h2oinnovation.com, or via fax at 418-688-9259.

This page (OTCMKTS:HEOFF) was last updated on 9/22/2023 by MarketBeat.com Staff

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