IEH Corp (IEHC) Jun 2024 Earnings Report

IEH CORP: Investment Report

Overview

IEH Corporation, a leading manufacturer of printed circuit board connectors and custom interconnects, has been a key player in the electronic components industry for over 75 years. With a strong track record of innovation and a diverse customer base, IEH Corp is well-positioned to capitalize on the growing demand for high-performance applications. In this report, we will delve into the company's financial performance, growth prospects, and latest news to provide a comprehensive overview of the investment opportunity.

Core Metrics

  • Current price: 7.25 USD
  • 52-week high: 10.0
  • 52-week low: 5.2
  • Market Cap: 17.257 billion USD
  • P/E Ratio: N/A (due to negative EPS)
  • Earnings per Share: -1.96
  • 50-day average: 6.3982
  • 200-day average: 7.20025
  • Analyst Recommendations: None

Financial Performance

IEH Corp's financial performance has been impacted by declining revenue growth (-0.083) and negative EPS (-1.96). The company's gross margins (0.12339) and EBITDA margins (-0.19426) are also under pressure. However, the company's cash position remains stable, with 4.94 million USD in total cash and a free cash flow of -1.15 million USD.

Growth Prospects

Despite the current challenges, IEH Corp's diversified customer base and strong industry positioning provide a solid foundation for future growth. The company's focus on high-performance applications and custom interconnects is expected to drive demand in the long term. However, the company needs to address its revenue growth and profitability issues to capitalize on these opportunities.

News and Updates

The latest news articles highlight the company's stability in the industry, with no significant updates that could impact the stock price.

Upgrades and Downgrades

There have been no recent upgrades or downgrades for IEH Corp.

Summary

In conclusion, IEH Corp presents a mixed bag of opportunities and challenges. While the company's financial performance is under pressure, its industry positioning and diversified customer base provide a solid foundation for future growth. Investors should closely monitor the company's efforts to address its revenue growth and profitability issues, as well as its ability to capitalize on the growing demand for high-performance applications.

Disclosures

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