Foraco International (FAR) Stock Price, News & Analysis

Company Overview

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

Key Stats

• Today's Range: C$2.21 to C$2.28
• 50-Day Range: C$2.10 to C$2.44
• 52-Week Range: C$1.83 to C$3.27
• Volume: 18,827 shs
• Average Volume: 146,576 shs
• Market Capitalization: C$221.83 million
• P/E Ratio: 5.49
• Dividend Yield: 8.21%
• Price Target: C$4.25
• Consensus Rating: Buy

Foraco International Stock Analysis - MarketRank™

Foraco International scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Foraco International 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.

Amount of Analyst Coverage

Foraco International has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Foraco International is 5.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foraco International is 5.49, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.72.

Price to Book Value per Share Ratio

Foraco International has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FAR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Foraco International is a leading dividend payer. It pays a dividend yield of 8.21%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Foraco International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FAR.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for FAR on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Foraco International to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foraco International insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.74% of the stock of Foraco International is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.03% of the stock of Foraco International is held by institutions.

FAR Stock Analysis - Frequently Asked Questions

How have FAR shares performed this year?

Foraco International's stock was trading at C$2.05 at the start of the year. Since then, FAR stock has increased by 9.8% and is now trading at C$2.25.
View the best growth stocks for 2024 here.

How were Foraco International's earnings last quarter?

Foraco International SA (TSE:FAR) released its quarterly earnings results on Wednesday, October, 30th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The business earned $105.94 million during the quarter. Foraco International had a net margin of 8.87% and a trailing twelve-month return on equity of 33.87%.

How do I buy shares of Foraco International?

Shares of FAR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Foraco International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foraco International investors own include Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Cameco (CCO), BRP (DOO), Exchange Income (EIF), National Bank of Canada (NA) and Royal Bank of Canada (RY).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Shipbuilding, Railroad Equipment
• Current Symbol: TSE:FAR
• CUSIP: N/A
• CIK: N/A
• Web: www.foraco.com
• Phone: +33-4-96151360
• Fax: N/A
• Employees: 1,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$4.25
• High Stock Price Target: C$4.25
• Low Stock Price Target: C$4.25
• Potential Upside/Downside: +88.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.41
• Trailing P/E Ratio: 5.49
• Forward P/E Ratio: 3.76
• P/E Growth: N/A
• Net Income: C$29.87 million
• Net Margins: 8.87%
• Pretax Margin: N/A
• Return on Equity: 33.87%
• Return on Assets: 13.19%

Debt

• Debt-to-Equity Ratio: 111.75
• Current Ratio: 1.40
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: C$336.62 million
• Price / Sales: 0.66
• Cash Flow: C$0.41 per share
• Price / Cash Flow: 5.54
• Book Value: C$0.86 per share
• Price / Book: 2.62

Miscellaneous

• Outstanding Shares: 98,590,000
• Free Float: N/A
• Market Cap: C$221.83 million
• Optionable: Not Optionable
• Beta: 1.25