Exro Technologies Inc. (ECRO:TSX) Analysts are bullish with a Strong Buy

STA Research
by: STA Research

Exro Technologies Inc Stock Analysis:

Based on the Exro Technologies Inc stock forecasts from 2 analysts, the average analyst target price for Exro Technologies Inc is CAD 4.85 over the next 12 months. Exro Technologies Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Exro Technologies Inc is Bearish, which is based on 2 positive signals and 6 negative signals. At the last closing, Exro Technologies Inc’s stock price was CAD 1.43Exro Technologies Inc’s stock price has changed by +21.19% over the past week, +18.18% over the past month and -62.57% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Most Recent Analyst Ratings:

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