SDSUV Result 2017

HC2 trades as part of the communication services industry and communication services sector. The company CEO is Philip A. Falcone. HC2 Inc is a diversified holding company which engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses.



Previous Intraday Performance:

The HCHC shares had a previous change of -4.08% which opened at 2.48 and closed at 2.35. It moved to an intraday high of 2.48 and a low of 2.33.

SeekingAlpha:  HC2 Holdings, Inc. (HCHC) CEO Phil Falcone on Q1 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, HCHC shares returned -6.75% and in the past 30 trading days it returned 9.81%. Over three months, it changed -24.68%. In one year it has changed -62.70% and within that year its 52 week high was 6.58 and its 52 week low was 2.07. HCHC stock is 13.75% above its 52 week low.

Our calculations result in a 200 day moving average of 3.73 and a 50 day moving average of 2.47. Right now, HCHC stock is trading -36.96% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  HC2 Holdings, Inc. 2019 Q1 – Results – Earnings Call Slides

Liquidity:

The company has a market cap of $107.2m with 45.6m shares outstanding and a float of 40.6m shares. Trading volume was 197,504 shares and has experienced an average volume of 341,135 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for HC2 was 2.76 which ended on 31st of December 2018, which according to the previous close, that is a PE of 0.85. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.55.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-07-2019: -0.04
4thQtr 2018Reported 03-12-2019: -0.36
3rdQtr 2018Reported 11-07-2018: 2.97
2ndQtr 2018Reported 08-08-2018: 1.08
1stQtr 2018Reported 05-10-2018: -0.81

Base on our calculations, the intrinsic value per share is 261.17, which means it might be undervalued and has a margin of safety of 99.10%.

The long-term trend of the EPS is an important number as it indicates the present value of HC2; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 10.30% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 68.10% of institutional ownership. Short-interest was 6,575,334, which was 14.41% of shares outstanding. The short-interest ratio or days-to-cover ratio was 14.19. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The beta was calculated to be 1.46.

SeekingAlpha:  HC2 Holdings, Inc. 2019 Q1 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 3.60%, profit margin is 11.03%, price-to-sales is 0.06 and price-to-book is 0.48.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 1  : Past Performance Result
 5  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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