Ratings Touchstone Exploration Inc. London S.E.

Equities

TXP

CA89156L1085

Delayed London S.E. Other stock markets 08:08:26 15/05/2024 pm IST			5-day change	1st Jan Change
35.58 ^GBX	-5.75%		-8.18%	-17.26%

14/05	Headlam warns of loss; EnSilica predicts revenue rise	AN
14/05	Touchstone Exploration Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company is in a robust financial situation considering its net cash and margin position.
Its low valuation, with P/E ratio at 9.47 and 5.08 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
The opinion of analysts covering the stock has improved over the past four months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
TOUCHSTONE EXPLORATION INC.	-17.26%	113M	-
CHEVRON CORPORATION	+8.17%	302B	A-
CONOCOPHILLIPS	+3.34%	142B	C
CNOOC LIMITED	+50.31%	123B	B+
CANADIAN NATURAL RESOURCES LIMITED	+18.35%	80.99B	B
EOG RESOURCES, INC.	+5.49%	74.38B	B-
OCCIDENTAL PETROLEUM CORPORATION	+4.64%	55.91B	C+
HESS CORPORATION	+8.12%	48.67B	A-
WOODSIDE ENERGY GROUP LTD	-10.14%	35.39B	A-
DIAMONDBACK ENERGY, INC.	+25.75%	35.32B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes