re: HOS ...
Looking at a few aspects of HOS's financials we see that their Quarterly Revenues have been falling, with $116.3mil. being their last declared number ...
... and from those Quarterlies we see that there's been an ongoing decline since their 2014 3rd. Quarter.
In addition their last 3 Quarter's worth of Operating Revenues add up to $(134.6+136.4+116.3)mil. = $387.3mil. So the question is, what will their Op. Revenue for the 4th Quarter of 2015 likely to be ? Can one expect much more than about, say, $130mil. ? Of course, it could be nearer their last number of $116mil.
Should $130mil. be the number then their next Annual Top Line Revenue will be about ~$520mil. which is a decline of about 18% over the last 12 months as we can see in their Annuals where their last top line number was $634.8mil. If it's only about $116mil. then the decline would be of the order of 21% ...
From their chart over the last 2 years we see an ongoing price decline much in line with the time period related to their declining Quarterly results ....
If their next 4th. Quarterly, which, in turn, gives one their next Annual, is as the above prediction then one could assume that their price decline will continue.
So the question is, is this the time to buy into HOS seeing as this may not be the low point of their price decline ? There could still be a further fall in their share price, although there's not much further that it could go !
Maybe it would be prudent for one to hang five until one saw an improvement in their Quarterly results, especially with regard to their top line Revenue .... JMO. |
