Hitech Australia logo

HIT - Hitech Australia Share Price

A$2.07 -0.0  -1.0%

Last Trade - 5:11am

Sector
Industrials
Size
Micro Cap
Market Cap £44.6m
Enterprise Value £42.0m
Revenue £20.4m
Position in Universe 912th / 1831
Bullish
Bearish
Unlock HIT Revenue
Momentum
Relative Strength (%)
1m +13.4%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -12.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
15.0 18.3 23.3 26.4 30.3 33.4 33.2 +17.3%
+19.0 +29.7 +8.6 +7.1 +15.1 -3.06
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 December 2020, HiTechGroup Australia Limited revenues increased 19% to A$18.9M.Net income applicable to common stockholders increased 17%to A$1.6M. Revenues reflect Other revenue increase fromA$10K to A$21K. Net income was partially offset byAdministration expenses increase of 32% to A$936K (expense), Marketing expenses increase from A$11K to A$46K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

HIT Revenue Unlock HIT Revenue

Net Income

HIT Net Income Unlock HIT Revenue

Normalised EPS

HIT Normalised EPS Unlock HIT Revenue

PE Ratio Range

HIT PE Ratio Range Unlock HIT Revenue

Dividend Yield Range

HIT Dividend Yield Range Unlock HIT Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
HIT EPS Forecasts Unlock HIT Revenue
Profile Summary

HiTech Group Australia Limited is engaged in the recruitment of information and communication technology (ICT) professionals and the supply of contracting services. HiTech Personnel is a division of the Company. The Company specializes in ICT, office support, finance and sales and marketing contract, and permanent recruitment and consulting. In the ICT sector, the Company provides resources for Executive Management, Project Management, E-commerce/Internet, Computer Operations, System Administrators, Conversion Specialists, Internet/Intranet Specialists and Microsoft Certified Specialists, among others. In the finance sector, the Company provides resources for Administrators, Executive Managers, Accountants, Auditors, Accounts Payable/Receivable and Business Services Consultants, among others. In the legal sector, it provides resources for Office Managers/Office Support, Help Desk Support Staff/Customer Service Representatives, Administrative Assistants and Clerical Assistants.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated October 14, 1993
Public Since April 17, 2000
No. of Shareholders: 774
No. of Employees: 54
Sector Industrials
Industry Professional & Commercial Services
Index
Exchange Australian Stock Exchange - SEATS
Shares in Issue 38,050,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
HIT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for HIT
Upcoming Events for HIT
Frequently Asked Questions for Hitech Australia
What is the Hitech Australia share price?

As of 5:11am, shares in Hitech Australia are trading at A$2.07, giving the company a market capitalisation of £44.6m. This share price information is delayed by 15 minutes.

How has the Hitech Australia share price performed this year?

Shares in Hitech Australia are currently trading at A$2.07 and the price has moved by 42.59% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Hitech Australia price has moved by 40.65% over the past year.

What are the analyst and broker recommendations for Hitech Australia?

Of the analysts with advisory recommendations for Hitech Australia, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Hitech Australia is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Hitech Australia next release its financial results?

Hitech Australia is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Hitech Australia dividend yield?

The Hitech Australia dividend yield is 3.83% based on the trailing twelve month period.

Does Hitech Australia pay a dividend?

Last year, Hitech Australia paid a total dividend of 0.08, and it currently has a trailing dividend yield of 3.83%. Looking ahead, shares in Hitech Australia are due to go ex-dividend on 2021-03-04 and the next dividend pay date is 2021-03-19.

When does Hitech Australia next pay dividends?

Hitech Australia are due to go ex-dividend on 2021-03-04 and the next dividend pay date is 2021-03-19. The historic dividend yield on Hitech Australia shares is currently 3.83%.

How do I buy Hitech Australia shares?

To buy shares in Hitech Australia you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Hitech Australia?

Shares in Hitech Australia are currently trading at A$2.07, giving the company a market capitalisation of £44.6m.

Where are Hitech Australia shares listed? Where are Hitech Australia shares listed?

Here are the trading details for Hitech Australia:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: HIT
What kind of share is Hitech Australia?

Based on an overall assessment of its quality, value and momentum, Hitech Australia is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Hitech Australia share price forecast 2021?

Shares in Hitech Australia are currently priced at A$2.07. At that level they are trading at 41.15% premium to the analyst consensus target price of 0.00.

Analysts covering Hitech Australia currently have a consensus Earnings Per Share (EPS) forecast of 0.085 for the next financial year.

How can I tell whether the Hitech Australia share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Hitech Australia. Over the past six months, the relative strength of its shares against the market has been 23.75%. At the current price of A$2.07, shares in Hitech Australia are trading at 38.74% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Hitech Australia PE Ratio?

The Hitech Australia PE ratio based on its reported earnings over the past 12 months is 22.24. The shares are currently trading at A$2.07.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Hitech Australia?

Hitech Australia's management team is headed by:

Raymond Hazouri - CHM
Sam Hazouri - COO
George Shad - NID
Elias Hazouri - CEO
Who are the major shareholders of Hitech Australia?

Here are the top five shareholders of Hitech Australia based on the size of their shareholding:

Hazouri (Raymond) Individual Investor
Percentage owned: 45.28% (17.7m shares)
Hazouri (Elias) Individual Investor
Percentage owned: 19.94% (7.78m shares)
Hazouri (Salem) Individual Investor
Percentage owned: 5.08% (1.98m shares)
Snell (John Richard) Individual Investor
Percentage owned: 2.08% (811k shares)
Harold Cripps Holdings Pty. Ltd. Corporation
Percentage owned: 1.39% (542k shares)
Similar to HIT
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.