Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys in India and internationally. The company offers vests, briefs, boxer briefs, trunks, inner boxers, tank tops, t-shirts, polos, henleys, sweatshirts, jackets, hoodies, boxer shorts, shorts, bermudas, joggers, track pants, pyjamas, pants, bras, panties, crop tops, camisoles, kurta and kurti slips, shrugs, sleep dresses, capris, leggings, shapewears, caps, handkerchief, and masks; face, hand, bath, and gym towels; calf, ankle, knee, low show, and no show socks; and thermals under Jockey brand. It also provides swimwear, swimactive, equipment, and footwear under the Speedo brand. The company sells its products through stores and online channels. Page Industries Limited was incorporated in 1994 and is headquartered in Bengaluru, India.
Revenue projections:
Revenue projections for PAGEIND Investors are expected to be cautious with PAGEIND, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
currentRatio
1.724000
forwardPE
52.234375
debtToEquity
18.605000
earningsGrowth
0.516000
revenueGrowth
0.103000
grossMargins
0.568290
operatingMargins
0.191580
trailingEps
655.910000
forwardEps
737.890000
A current ratio of 1.724 for PAGEIND implies that the company has ample liquidity to meet its short-term debts. PAGEIND's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities. Page Industries Limited's forward PE is elevated, which may cap future price gains and even lead to a price correction. This overvaluation risk highlights the importance of considering this metric carefully in combination with other fundamental indicators to evaluate the stock properly. PAGEIND's low Debt-to-Equity ratio reflects limited reliance on debt, signaling the company is not over-leveraged. This lower financial risk suggests that PAGEIND has a strong capital structure, which can help sustain long-term stability and attract cautious investors. With positive earnings and revenue growth, PAGEIND is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook. PAGEIND's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in PAGEIND's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Price projections for PAGEIND PAGEIND's price has continuously remained near the lower end of analysts' projections, indicating that it may be facing challenges in meeting market expectations. This trend raises concerns about the company's future growth trajectory.
Insider Transactions:
Insider Transactions for PAGEIND
Page Industries Limited saw 11 transactions in which shares were sold with market price at 43313.57705965909.During the period under consideration, no sell transactions took place.The higher volume of buys compared to sells near current PAGEIND price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
Recommendations trend for PAGEIND
A recent sell bias for Page Industries Limited from analysts suggests caution for investors. However, decisions should be grounded in a diverse set of market indicators, ensuring that a wider perspective is considered before making any moves regarding the stock's performance and potential risks.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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