The share price of Halcon Resources Corporation [NYSE: HK] inclined by $0.19, presently trading at $0.19. The company’s shares saw 0.26% gains compared to the lowest price in the period of the last 52 weeks, set at $0.19 recorded on 13/06/2019. The last few days have been tough to the share price as HK fall by -18.52% during the last week, even though the stock is still down by -20.59% compared to -0.04 of all time high it touched on 06/11/19. However, the stock had a poor performance during the past 3 months, roughly losing -42.31%, while additionally dropping -95.54% during the last 12 months. Halcon Resources Corporation is said to have a 12-month price target set at $3.39. That means that the stock has a strong potential to acquire 3.2% increase from the current trading price.
Halcon Resources Corporation [NYSE:HK]: Analyst Rating and Earnings
Stock market traders frequently keep their eyes on what Wall Street experts as it relates to a potential investment. For Halcon Resources Corporation [HK], the most recent analyst consensus recommendation available since its latest financial results for the quarter ending in December. On average, stock market experts give HK an Hold rating. Its stock price has been found in the range of 0.19 to 4.90. This is compared to its latest closing price of $0.19.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Halcon Resources Corporation [HK] is sitting at 3.38. This is compared to 1 month ago, when its average rating was 3.38.
For the quarter ending in Mar-19 Halcon Resources Corporation [HK] generated $0.05 billion in sales. That’s 9.56% lower than the average estimate of $0.06 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Wed 7 Aug (In 54 Days).
Fundamental Analysis of Halcon Resources Corporation [HK]
Now let’s turn to look at profitability: with a current Operating Margin for Halcon Resources Corporation [HK] sitting at -9.13 and its Gross Margin at +24.06.
This company’s Return on Total Capital is -1.25, and its Return on Invested Capital has reached -0.20%. Its Return on Equity is 4.05, and its Return on Assets is 2.47. These metrics suggest that this Halcon Resources Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Halcon Resources Corporation [HK] has generated a Total Debt to Total Equity ratio of 51.22. Similarly, its Total Debt to Total Capital is 33.87, while its Total Debt to Total Assets stands at 29.43. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 51.22, and its Long-Term Debt to Total Capital is 33.87. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is 10.58 and its Total Debt to EBITDA Value is 10.77. The Enterprise Value to Sales for this firm is now 2.64, and its Total Debt to Enterprise Value stands at 0.74. Halcon Resources Corporation [HK] has a Price to Book Ratio of 0.23, a Price to Cash Flow Ratio of 3.98.
Shifting the focus to workforce efficiency, Halcon Resources Corporation [HK] earns $1,944,216 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.28 and its Total Asset Turnover is 0.12. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.89 and its Current Ratio is 0.89. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Halcon Resources Corporation [HK] has 173.76M shares outstanding, amounting to a total market cap of $33.10M. Its stock price has been found in the range of 0.19 to 4.90. At its current price, it has moved down by -96.11% from its 52-week high, and it has moved up 0.26% from its 52-week low.
This stock’s Beta value is currently 4.18, which indicates that it is 11.56% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 20.94. This stock, according to these metrics, is currently Oversold.
Conclusion: Is Halcon Resources Corporation [HK] a Reliable Buy?
Halcon Resources Corporation [HK] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.