At the moment, the debt-to-equity of Tahoe Resources Inc. (NYSE:TAHO) is low, standing at 1.63, a figure that is less than the 42.19 average recorded by the industry. This means that the company is currently holding a debt level at 132.30 M.
Even though there was a drop of -24.89% in revenue, the company failed to succeed in outperforming the industry average of -5.19%. For the most recent quarter, the net income has dropped by -2264.34%. This weakness in their income has affected them and thus increased their earnings to $31.09 M. The sustained growth in their revenue has helped boost their earnings per share.
They have recorded a -1134.61% declining earnings per share earnings. They have recorded a -1134.61% declining earnings per share earnings. Analysts expect decrease in earnings is also on the cards next quarter with an average estimate at -$0.07. In the fiscal year 2018, Tahoe Resources Inc. overcame its bottom line by hitting earning $0.34 per share compared to the $0.54 in 2017.
Comparing them to other companies in the industry and the overall Basic Materials sector, the industry average is 18.25 while 13.71 is of the sector.
TAHO total operating cash flow had jumped to $23.26 billion compared to $21.42 billion in the same quarter last year.
Comparing it to other companies in the sector, Tahoe Resources Inc. ROE is above 13.71 that of both the sector average.
Added to that, this ratio has surpassed the industry net margin that stands at -2.19.
Still some above discussed indicators of the $1.21B company show strength while others show weakness. There is little evidence at the moment to justify the expectation of the TAHO shares to either perform positively or negatively when compared to other stocks. The primary strengths of Tahoe Resources Inc. can be witnessed in its increased revenue, growing earnings per share, higher return on equity, increased operating cash and high net margin. Subsequently, financial analysis have also identified some weak areas that includes high debt, relatively high P/E ratio, lower return on assets and low net margin.