Trent Limited engages in the retailing and trading of apparels, footwear, accessories, toys, games, and other products in India. The company provides apparel, footwear, and accessories for men, women, and children, as well as furnishings, decor, and a range of home accessories under the Westside brand; apparels and footwear for men, women, and children under the Zudio brand; ethnic apparels, beauty products, and accessories under the Utsa brand; beauty products and accessories for girls under the Misbu brand; and luxurious occasion and ethnic wear for men and women under the Samoh brand. It also operates Star Hypermarket, a convenience store chain that offers a range of products, including staple foods, beverages, health and beauty products, apparel, home furnishings, vegetables, fruits, dairy and non-vegetarian products; and Booker Wholesale, a cash and carry chain of stores, which provides various products, such as staple foods, beverages, health and beauty products, dairy, non-vegetarian products, and non-food products to caterers, retailers, and other businesses. In addition, the company engages in the operation of StarQuik for online grocery retailing; provision of business support and outsourcing services relating to accounting, merchandising, human resources, payroll, etc.; and franchisee business. Further, it sells its products online through Westside.com, Tata CliQ, and Tata Neu. Trent Limited was incorporated in 1952 and is based in Mumbai, India.
Revenue projections:
Revenue projections for TRENT With TRENT's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
currentRatio
1.238000
forwardPE
64.783325
debtToEquity
37.790000
earningsGrowth
0.112000
revenueGrowth
0.159000
grossMargins
0.420250
operatingMargins
0.102150
trailingEps
45.830000
forwardEps
68.120000
TRENT's current ratio of 1.238 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as TRENT can rely on its cash reserves and current assets to cover its immediate liabilities without strain. TRENT's forward PE is elevated, which could constrain price appreciation and lead to a correction. Investors should consider this parameter in conjunction with other fundamentals to fully assess whether the stock is priced fairly. TRENT's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for TRENT. Trent Limited's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that Trent Limited is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
Price projections:
Price projections for TRENT The stock price of TRENT has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Insider Transactions:
Insider Transactions for TRENT
There were 1 transactions selling TRENT stock, with prevailing market price of 5315.5.No sell transactions occurred in the period under review.TRENT's current price levels are experiencing more buying activity than selling, which may point to a favorable outlook. This trend suggests investor confidence in the stock's future, potentially indicating expectations of continued growth.
Recommendation changes over time:
Recommendations trend for TRENT
The analysts' recent buy bias for Trent Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Trent Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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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