Long-Term Investors Should Consider Buying the Dips in Hollysys Automation Technologies Ltd. [HOLI] Stock

Hollysys Automation Technologies Ltd. [HOLI] shares are down more than -6.96% this year and recently increased 0.13% or $1.79 to settle at $14.30. Analysts expect HOLI to grow earnings at a 15.83% annual rate over the next 5 years. HOLI has a short ratio of 1.77. This implies that the market is currently less bullish on the outlook for HOLI.

On 12, November 2020, Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2020. According to news published on Yahoo Finance, First Quarter of Fiscal Year 2021 Financial Highlights.

Analyst Birdseye View:

The most recent analyst activity for Hollysys Automation Technologies Ltd. [NASDAQ:HOLI] stock was on April 17, 2019, when it was Upgrade with an Overweight rating from JP Morgan, which also raised its 12-month price target on the stock from $23 to $26. On April 09, 2019, JP Morgan Downgrade a Neutral rating. On November 14, 2018, JP Morgan Upgrade an Overweight rating. On August 15, 2018, JP Morgan Downgrade a Neutral rating. On May 15, 2018, JP Morgan Upgrade an Overweight rating. On May 15, 2018, Citigroup Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $9.52 and a peak of $17.59. Right now, the middling Wall Street analyst 12-month amount mark is $17.75. At the most recent market close, shares of Hollysys Automation Technologies Ltd. [NASDAQ:HOLI] were valued at $14.30. According to the average price forecast, investors can expect a potential return of 1.8%.

FUNDAMENTAL ANALYSIS

Hollysys Automation Technologies Ltd. [NASDAQ:HOLI] most recently reported quarterly sales of 129.47 billion, which represented growth of 5.10%. This publicly-traded organization’s revenue is $145,895 per employee, while its income is $22,044 per employee. This company’s Gross Margin is currently 36.80%, its Operating Margin is 12.10%, its Pretax Margin is +17.98, and its Net Margin is +15.11. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.94, 8.22, 10.15 and 8.13 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 2.18 and the whole liability to whole assets at 1.61. It shows enduring liability to the whole principal at 1.90 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 13.89 points at 1st support level, the second support level is making up to 13.49. But as of 1st resistance point, this stock is sitting at 14.72 and at 15.15 for 2nd resistance point.

Hollysys Automation Technologies Ltd. [HOLI] reported its earnings at $0.34 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.45/share signifying the difference of -0.11 and -24.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.04 calling estimates for $0.38/share with the difference of -0.34 depicting the surprise of -89.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Hollysys Automation Technologies Ltd. [NASDAQ:HOLI] is 3.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.90. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.54, it’s amount to book ratio is 0.82 and showing 12.31 of P/E (TTM) ratio.