Geospace Technologies Corporation (GEOS) Company Bio
Geospace Technologies Corporation designs and manufactures seismic instruments and equipment for the oil and gas industry in the United States, Canada, Colombia, the Russian Federation, and the United Kingdom. The company operates through two segments, Seismic and Non-Seismic. The company was founded in 1980 and is based in Houston, Texas.
GEOS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Geospace Technologies Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Geospace Technologies Corp ranked in the 10th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Geospace Technologies Corp ended up being:
Interest coverage, a measure of earnings relative to interest payments, is -63.71 -- which is good for besting merely 2.8% of its peer stocks (US stocks in the Energy sector with positive cash flow).
The business' balance sheet suggests that 0% of the company's capital is sourced from debt; this is greater than only 0% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NVGS, OXY, USEG, CCLP, and OAS can be thought of as valuation peers to GEOS, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Hosting the call today from Geospace is Mr. Rick Wheeler, President and Chief Executive Officer, is joined by Robert Curda, Company's Chief Financial Officer; and Mark Tinker, CEO of our subsidiary Quantum Technology Sciences. It is now my pleasure to turn the floor over to Rick Wheeler.
HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) (the “Company”) today announced a net loss of $11.8 million, or $0.87 per diluted share, on revenue of $25.9 million for its second quarter ended March 31, 2020. This compares with net income of $0.7 million, or $0.05 per diluted share, on revenues of $26.1 million for the second quarter of the prior year. For the six months ended March 31, 2020, the Company recorded revenue of $51.6 million compared to revenue of $44.0 million duri