OTCMKTS:HEOFF

H2O Innovation - HEOFF Stock Forecast, Price & News

$1.50

-0.02 (-1.32%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $1.50
▼
$1.51
50-Day Range: $1.45
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$1.65
52-Week Range: $1.23
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$2.25

Volume: 5,406 shs
Average Volume: 9,335 shs
Market Capitalization: $135.02 million

P/E Ratio: 37.51
Dividend Yield: N/A
Price Target: $3.08

H2O Innovation MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 105.5% Upside
$3.08 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.

2.07 out of 5 stars

3.5

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 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.08, H2O Innovation has a forecasted upside of 105.5% from its current price of $1.50.
Amount of Analyst Coverage
H2O Innovation has received no research coverage in the past 90 days.

3.0

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 increased by 100.00%, 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.

3.8

News and Social Media Coverage

News Sentiment
H2O Innovation has a news sentiment score of 1.92. 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 0.54 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.
MarketBeat Follows
1 people have added H2O Innovation to their MarketBeat watchlist in the last 30 days.

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 37.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of H2O Innovation is 37.51, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.08.
Price to Book Value per Share Ratio
H2O Innovation has a P/B Ratio of 1.76. 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.

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HEOFF Stock News Headlines

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

September 22, 2022 | theglobeandmail.com

H2O Innovation: Top 10 Undervalued Utilities Stocks on TSX (HEO)

September 14, 2022 | finance.yahoo.com

H2O Innovation will release its financial results for the fourth quarter and full fiscal year of 2022

August 2, 2022 | finance.yahoo.com

H2O Innovation Renews Two O&M Contracts and Wins New Ones, Totalling $9.0 M

July 20, 2022 | finance.yahoo.com

Piedmont joins PWT and Genesys to Create a Unique Business Line

June 30, 2022 | finance.yahoo.com

H2O Innovation Acquires Leader Evaporator Co., Inc.

June 23, 2022 | finance.yahoo.com

Operation and Maintenance Contract Renewed in Georgia, USA

June 16, 2022 | finance.yahoo.com

Is There An Opportunity With H2O Innovation Inc.'s (TSE:HEO) 50% Undervaluation?

June 8, 2022 | benzinga.com

H2O Innovation (OTC:HEOFF), Earnings Estimates, EPS, and Revenue

June 8, 2022 | benzinga.com

H2O Innovation (OTC:HEOFF), Short Interest Report

May 13, 2022 | seekingalpha.com

H2O Innovation Inc. (HEOFF) CEO Frédéric Dugré on Q3 2022 Results - Earnings Call Transcript

April 28, 2022 | finance.yahoo.com

H2O Innovation Will Release its Q3-FY2022 Financial Results

April 12, 2022 | seekingalpha.com

H2O Innovation to acquire maple farming equipment company

April 4, 2022 | finance.yahoo.com

H2O Innovation Renews and Expands its Largest Operation and Maintenance Contract, adding $55.5 M to the Backlog

March 21, 2022 | finance.yahoo.com

World Water Day: Listing of H2O Innovation’s Common Shares on the Toronto Stock Exchange

February 16, 2022 | finance.yahoo.com

Piedmont Secures 13 New Orders Worth $9.3 M

February 9, 2022 | finance.yahoo.com

Trading of H2O Innovation’s Common Shares on the Toronto Stock Exchange is Expected to Begin on the World Water Day

February 1, 2022 | finance.yahoo.com

H2O Innovation Will Release its Q2-FY2022 Financial Results

January 31, 2022 | finance.yahoo.com

H2O Innovation Receives Conditional Approval to List on the Toronto Stock Exchange

January 20, 2022 | nasdaq.com

H2O Innovation Inc (HEOFF)

January 7, 2022 | finance.yahoo.com

Calculating The Fair Value Of H2O Innovation Inc. (CVE:HEO)

December 15, 2021 | finance.yahoo.com

H2O Innovation Announces Two Northeast US Acquisitions Solidifying its Operation & Maintenance Business Line

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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HEOFF Company Calendar

Last Earnings: 9/28/2022
Today: 12/06/2022
Fiscal Year End: 6/30/2023

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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: 900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.08
High Stock Price Forecast: $3.50
Low Stock Price Forecast: $2.75
Forecasted Upside/Downside: +105.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.04
Trailing P/E Ratio: 37.51
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $4.03 million
Net Margins: 2.26%
Pretax Margin: 0.81%
Return on Equity: 10.32%
Return on Assets: 5.22%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 1.84
Quick Ratio: 1.38

Sales & Book Value

Annual Sales: $145.66 million
Price / Sales: 0.93
Cash Flow: $0.16 per share
Price / Cash Flow: 9.63
Book Value: $0.85 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 90,007,000
Free Float: 85,606,000
Market Cap: $135.02 million
Optionable: Not Optionable
Beta: 0.77

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

Mr. Ryan Furukawa
VP of Technology

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

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

Should I buy or sell H2O Innovation stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H2O Innovation in the last twelve months. There are currently 1 buy rating 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 forecast for 2023?: 1 equities research analysts have issued 12 month price objectives for H2O Innovation's shares. Their HEOFF share price forecasts range from $2.75 to $3.50. On average, they anticipate the company's stock price to reach $3.08 in the next twelve months. This suggests a possible upside of 105.5% 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 2022?: H2O Innovation's stock was trading at $2.05 at the beginning of the year. Since then, HEOFF shares have decreased by 26.8% and is now trading at $1.5001.
View the best growth stocks for 2022 here.
Are investors shorting H2O Innovation?: H2O Innovation saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,400 shares, an increase of 100.0% from the October 31st total of 700 shares. Based on an average daily volume of 6,900 shares, the short-interest ratio is presently 0.2 days.
View H2O Innovation's Short Interest.

How were H2O Innovation's earnings last quarter?: H2O Innovation Inc. (OTCMKTS:HEOFF) released its quarterly earnings data on Wednesday, September, 28th. The company reported $0.01 earnings per share (EPS) for the quarter. The company earned $40.78 million during the quarter. H2O Innovation had a trailing twelve-month return on equity of 10.32% and a net margin of 2.26%.
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 $1.50.
How much money does H2O Innovation make?: H2O Innovation (OTCMKTS:HEOFF) has a market capitalization of $135.02 million and generates $145.66 million in revenue each year. The company earns $4.03 million in net income (profit) each year or $0.04 on an earnings per share basis.
How many employees does H2O Innovation have?: The company employs 900 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 12/7/2022 by MarketBeat.com Staff

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