IHS Holding Ltd [IHS] stock is trading at $3.18, up 8.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IHS shares have gain 4.61% over the last week, with a monthly amount drifted -2.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Goldman started tracking the stock with Neutral rating on July 01, 2024, and set its price target to $3.50. On November 09, 2022, Wells Fargo initiated with a Overweight rating and assigned a price target of $12 on the stock. Tigress Financial started tracking the stock assigning a Buy rating and suggested a price target of $22 on June 10, 2022. JP Morgan upgraded its rating to a Overweight and raised its price target to $22 on November 18, 2021.
IHS Holding Ltd [IHS] stock has fluctuated between $2.18 and $4.56 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. IHS Holding Ltd [NYSE: IHS] shares were valued at $3.18 at the most recent close of the market. An investor can expect a potential return of 88.68% based on the average IHS price forecast.
Analyzing the IHS fundamentals
IHS Holding Ltd [NYSE:IHS] reported sales of 1.78B for the trailing twelve months, which represents a drop of -10.01%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at -1.28%, and Net Profit Margin reading is -1.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is 7.49 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-7.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.97 points at the first support level, and at 2.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.32, and for the 2nd resistance point, it is at 3.46.
Ratios To Look Out For
For context, IHS Holding Ltd’s Current Ratio is 1.15. As well, the Quick Ratio is 1.11, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 0.59.
Transactions by insiders
Recent insider trading involved Synesael Colby A, Officer, that happened on Aug 13 ’24 when 72519.0 shares were purchased.
