Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
New Hope Corporation Limited (DE:OD8)
FRANKFURT:OD8
RESEARCH TOOLSreports
New Hope Corporation Limited (OD8) Stock Price & Analysis
2 Followers
OD8 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€2.51 - €3.63
Previous Close€2.9
Volume0.00
Average Volume (3M)5.72K
Market Cap
€2.47B
Enterprise Value€2.15B
Total Cash (Recent Filing)AU$815.71M
Total Debt (Recent Filing)AU$290.98M
Price to Earnings (P/E)―
Beta-0.32
Next Earnings
Sep 17, 2024EPS Estimate
€0.18Last Dividend Ex-Date
Apr 15, 2024Dividend Yield7.57%
Share Statistics
EPS (TTM)N/A
Shares Outstanding845,335,464
10 Day Avg. Volume174
30 Day Avg. Volume5,722
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)0.79
Price to Cash Flow (P/CF)N/A
P/FCF Ratio16.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€2.75Price Target Upside-4.93% Downside
Rating ConsensusHold
Number of Analyst Covering4
New Hope Corporation Limited News
PremiumCompany Announcements
New Hope Corp Announces Unquoted Securities IssuancePremiumCompany Announcements
New Hope Corp Launches A$300M Convertible Notes Offer
PremiumCompany Announcements
New Hope Corrects Share Issue Figures
PremiumCompany Announcements
JPMorgan Secures 6.45% Stake in New Hope CorpPremiumCompany Announcements
New Hope Launches A$300M Convertible Notes Offering
PremiumCompany Announcements
New Hope Corp Announces Board ReshufflePremiumCompany Announcements
New Hope Corp Issues Employee Performance Rights
PremiumCompany Announcements
JPMorgan Adjusts Stance on New Hope CorpBulls Say, Bears Say
Bulls Say
Financial GuidanceWith the strong production performance, FY costs are still expected to be at the lower end of the cost guidance range of A$72-81/t.
Operational PerformanceOperationally NHC is performing strongly, with the Bengalla mine operating at an annualized rate of 14.8Mtpa, well above the 13.5Mtpa nameplate of the recently completed expansion.
Sales Guidance UpgradeThe ramp-up of New Acland Stage 3 (NAC3) is also progressing well with NHC securing spot rail capacity, and has upgraded coal sales guidance from 0.66Mt to 0.80Mt for FY24.
Bears Say
Legal IssuesNAC3's water license is being legally challenged, potentially impacting future mining operations.
PricingRealised thermal coal pricing for the quarter was A$180/t, an 11% discount to benchmark.
ValuationNHC is rated a Sell based on valuation: trading at ~1.35x NAV, discounting a long-run thermal coal price of ~US$100/t vs. US$83/t estimate, trading on an NTM EBITDA multiple of ~5x vs. global coal peers on ~4.5x.
---
OD8 FAQ
What was New Hope Corporation Limited’s price range in the past 12 months?
New Hope Corporation Limited lowest stock price was €2.51 and its highest was €3.63 in the past 12 months.
What is New Hope Corporation Limited’s market cap?
Currently, no data Available
When is New Hope Corporation Limited’s upcoming earnings report date?
New Hope Corporation Limited’s upcoming earnings report date is Sep 17, 2024 which is in 57 days.
How were New Hope Corporation Limited’s earnings last quarter?
New Hope Corporation Limited released its earnings results on Mar 18, 2024. The company reported €0.182 earnings per share for the quarter, beating the consensus estimate of €0.169 by €0.014.
Is New Hope Corporation Limited overvalued?
According to Wall Street analysts New Hope Corporation Limited’s price is currently Overvalued.
Does New Hope Corporation Limited pay dividends?
New Hope Corporation Limited pays a Annually dividend of €0.1 which represents an annual dividend yield of 7.57%. See more information on New Hope Corporation Limited dividends here
What is New Hope Corporation Limited’s EPS estimate?
New Hope Corporation Limited’s EPS estimate is €0.18.
How many shares outstanding does New Hope Corporation Limited have?
Currently, no data Available
What happened to New Hope Corporation Limited’s price movement after its last earnings report?
New Hope Corporation Limited reported an EPS of €0.182 in its last earnings report, beating expectations of €0.169. Following the earnings report the stock price went up 2.686%.
Which hedge fund is a major shareholder of New Hope Corporation Limited?
Currently, no hedge funds are holding shares in DE:OD8
---
New Hope Corporation Limited Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€2.75 (-4.93% Downside)
€2.75 (-4.93% Downside)
Blogger Sentiment
Bullish
DE:OD8 Sentiment 93%
Sector Average 72%
Sector Average 72%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.04%
12-Months-Change
Fundamentals
Return on Equity
26.10%
Trailing 12-Months
Asset Growth
-14.88%
Trailing 12-Months
Company Description
New Hope Corporation Limited
New Hope Corporation is an Australian pure-play thermal coal miner. Its two operating assets-the 100% owned New Acland coal mine and its 80% interest in the Bengalla coal mine-produce a cumulative 12 million tonnes of salable thermal coal annually. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multi-decade mine lives. New Hope's undeveloped coal resources are extensive and include exploration status coal resources in excess of 1 billion tonnes in Queensland's Surat basin.
---
OD8 Company Deck
---
OD8 Earnings Call
Q2 2024
0:00 / 0:00
---
OD8 Stock 12 Month Forecast
Average Price Target
€2.75
▼(-4.93% Downside)
Technical Analysis
New Hope Corporation Limited
―
Plains All American
―
Enterprise Products Partners
―
Oneok
―
MPLX
―
Best Analysts Covering OD8
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+9.72%
reiterated a sell rating 20 days ago
Copying Paul Young's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +9.72% per trade.
---