Should I buy or sell H2O Innovation stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H2O Innovation in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HEOFF shares. View HEOFF analyst ratings or view top-rated stocks .

What is H2O Innovation's stock price target for 2024?

3 brokers have issued 12 month price objectives for H2O Innovation's stock. Their HEOFF share price targets range from $3.50 to $3.50. On average, they expect the company's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 12.4% 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 on January 1st, 2023. Since then, HEOFF shares have increased by 63.1% and is now trading at $3.1150. View the best growth stocks for 2023 here .

Are investors shorting H2O Innovation?

H2O Innovation saw a increase in short interest in November. As of November 15th, there was short interest totaling 24,800 shares, an increase of 700.0% from the October 31st total of 3,100 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is currently 0.6 days. View H2O Innovation's Short Interest .

How were H2O Innovation's earnings last quarter?

H2O Innovation Inc. (OTCMKTS:HEOFF) issued its quarterly earnings data on Tuesday, November, 14th. The company reported $0.01 EPS for the quarter. The company earned $44.22 million during the quarter. H2O Innovation had a negative net margin of 0.68% and a positive trailing twelve-month return on equity of 5.81%.

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 .

H2O Innovation Stock Price, News & Analysis (OTCMKTS:HEOFF)

$3.12

-0.01 (-0.32%)

(As of 12/5/2023 ET)

Compare

Today's Range: $3.12
▼
$3.12
50-Day Range: $1.73
▼
$3.13
52-Week Range: $1.46
▼
$3.14

Volume: 7,853 shs
Average Volume: 26,616 shs
Market Capitalization: $280.38 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.50

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

H2O Innovation MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 12.4% Upside
$3.50 Price Target
Short Interest: Healthy
0.03% 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.

1.30 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
H2O Innovation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.50, H2O Innovation has a forecasted upside of 12.4% from its current price of $3.12.
Amount of Analyst Coverage
H2O Innovation has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.03% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in H2O Innovation has recently increased by 700.00%, indicating that investor sentiment is decreasing 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.

1.2

News and Social Media Coverage

News Sentiment
H2O Innovation has a news sentiment score of 0.18. 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 lower news sentiment than the 0.37 average news sentiment score of Industrial Products companies.

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.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of H2O Innovation is -311.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of H2O Innovation is -311.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
H2O Innovation has a P/B Ratio of 3.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About H2O Innovation Stock (OTCMKTS:HEOFF)

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; the flexMBR for wastewater treatment systems; SILO system for wastewater and water reuse treatment; and FlexBox, a mobile fleet of water and wastewater treatment systems, such as containerized ultrafiltration or reverse osmosis (RO) systems. The company also offers specialty chemicals, consumables, and specialized products for the water industry, including RO membrane chemicals, such as antiscalants, flocculants, biocides, and cleaning chemicals; corrosion resistant equipment for desalination plants; flexible grooved-end couplings, fiberglass reinforced polyester cartridge filter housings, self-cleaning disc and screen filters, bag filters, cartridges, and strainers; and maple farming equipment. In addition, it operates, maintains, and repairs water and wastewater treatment systems, distribution equipment, and associated assets. The company was incorporated in 1995 and is headquartered in Quebec City, Canada.

HEOFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HEOFF Stock News Headlines

November 28, 2023 | finance.yahoo.com

H2O Innovation’s Shareholders Approve Arrangement with Ember

November 27, 2023 | finance.yahoo.com

Maple Business Line Launches New Web Transactional Website

December 6, 2023 | Edge On The Street (Ad)

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November 14, 2023 | finance.yahoo.com

H2O Innovation Reports First Quarter Results - Gross Profit Margin Improvement and Strong Consolidated Backlog

November 13, 2023 | bizjournals.com

H2O Innovations consolidates Houston offices, employees into Spring facility

November 13, 2023 | financialpost.com

H2O Innovation Expands its Offices to Consolidate Business Operations in Texas

November 3, 2023 | finance.yahoo.com

H2O Innovation Announces Expiry of "Go-Shop" Period

October 20, 2023 | baystreet.ca

H2O Innovation at 52-Week High on News

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October 20, 2023 | finance.yahoo.com

H2O Innovation Announces Meeting Updates

October 8, 2023 | theglobeandmail.com

Quebec City-based H2O Innovation will go private under new ownership

October 5, 2023 | msn.com

H2O Innovation (HEOFF) Price Target Increased by 79.69% to 5.08

October 4, 2023 | markets.businessinsider.com

H2O Innovation’s Fair Valuation and Promising Growth Prospects: An Assessment of Ember’s Offer and Hold Rating Justification

October 3, 2023 | msn.com

H2O Innovation to be acquired by Ember for C$4.25/share in cash

September 27, 2023 | finance.yahoo.com

H2O Innovation Reports Fiscal Year 2023 Results - Maintained Growth Momentum and Strengthened Financial Position

September 26, 2023 | markets.businessinsider.com

What Wall Street expects from H2O Innovation's earnings

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

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?

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

See More Headlines

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Company Calendar

Last Earnings: 11/14/2023
Today: 12/05/2023
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: 1,035
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.50
High Stock Price Target: $3.50
Low Stock Price Target: $3.50
Potential Upside/Downside: +12.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.01)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-970,000.00
Net Margins: -0.68%
Pretax Margin: -0.22%
Return on Equity: 5.81%
Return on Assets: 2.74%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 2.00
Quick Ratio: 1.53

Sales & Book Value

Annual Sales: $189.12 million
Price / Sales: 1.49
Cash Flow: $0.17 per share
Price / Cash Flow: 18.85
Book Value: $0.83 per share
Price / Book: 3.77

Miscellaneous

Outstanding Shares: 90,010,000
Free Float: 85,606,000
Market Cap: $281.28 million
Optionable: Not Optionable
Beta: 0.47

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Key Executives

Mr. Frederic Dugre
Co-Founder, President, 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 Corporate & Legal Affairs and Secretary
Mr. Alejandro Sturniolo
Vice President of Marketing & Sustainability
Ms. Frederique Sheehy-Denis
Human Resources 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 Analysis - Frequently Asked Questions

Should I buy or sell H2O Innovation stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H2O Innovation in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HEOFF shares.
View HEOFF analyst ratings or view top-rated stocks.
What is H2O Innovation's stock price target for 2024?: 3 brokers have issued 12 month price objectives for H2O Innovation's stock. Their HEOFF share price targets range from $3.50 to $3.50. On average, they expect the company's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 12.4% 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 on January 1st, 2023. Since then, HEOFF shares have increased by 63.1% and is now trading at $3.1150.
View the best growth stocks for 2023 here.
Are investors shorting H2O Innovation?: H2O Innovation saw a increase in short interest in November. As of November 15th, there was short interest totaling 24,800 shares, an increase of 700.0% from the October 31st total of 3,100 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is currently 0.6 days.
View H2O Innovation's Short Interest.

How were H2O Innovation's earnings last quarter?: H2O Innovation Inc. (OTCMKTS:HEOFF) issued its quarterly earnings data on Tuesday, November, 14th. The company reported $0.01 EPS for the quarter. The company earned $44.22 million during the quarter. H2O Innovation had a negative net margin of 0.68% and a positive trailing twelve-month return on equity of 5.81%.
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.

This page (OTCMKTS:HEOFF) was last updated on 12/6/2023 by MarketBeat.com Staff

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