IEH Corp (IEHC) Jun 2024 Earnings Report

IEH Corporation: Investment Report

Overview

IEH Corporation, a leading designer, developer, and manufacturer of printed circuit board connectors and custom interconnects, has been experiencing a tumultuous period in the stock market. As the company navigates the challenges in the electronic components industry, it is crucial for investors to understand the intricacies of its financial performance, growth prospects, and market sentiment. This report provides an in-depth analysis of IEH Corporation, highlighting its strengths, weaknesses, opportunities, and threats, ultimately aiding investors in making informed decisions.

Core Metrics

  • Current price: 8.0 USD
  • 52-week high: 10.0 USD
  • 52-week low: 5.2 USD
  • Market Cap: 19.04 million USD
  • P/E Ratio: N/A (due to negative EPS)
  • Earnings per Share: -1.96 USD
  • 50-day average: 6.4462 USD
  • 200-day average: 7.201 USD
  • Analyst Recommendations: No current recommendations

Financial Performance

IEH Corporation's financial performance has been struggling, with a negative EPS of -1.96 USD. The company's revenue growth rate is -0.083, indicating a decline in revenue. The gross margin is 0.12339, and the EBITDA margin is -0.19426, reflecting the company's current operational struggles. The total cash reserves are 4,939,983 USD, with a free cash flow of -1,154,621 USD and an operating cash flow of -2,617,061 USD.

Growth Prospects

IEH Corporation operates in the electronic components industry, which is expected to experience moderate growth in the coming years. The company's products are used in various high-performance applications, including defense, aerospace, medical, industrial, and commercial electronic markets. While the company faces intense competition, its focus on custom interconnects and high-reliability applications could provide a competitive edge. However, the company needs to address its current operational inefficiencies to capitalize on market opportunities.

News and Updates

Recent news articles have highlighted IEH Corporation's lack of analyst coverage, with Morningstar emphasizing the need for algorithm-driven ratings. Yahoo Finance has also provided in-depth financial data for analysis. Apart from these, there have been no significant news updates that could impact the stock price in the short term.

Upgrades and Downgrades

There have been no recent upgrades or downgrades by any firms, likely due to the lack of analyst coverage.

Summary

IEH Corporation's investment report highlights the company's current struggles, with a negative EPS and declining revenue growth. While the company operates in a growing industry, it needs to address its operational inefficiencies to capitalize on market opportunities. With no current analyst recommendations, investors should carefully evaluate the company's financial performance, growth prospects, and market sentiment before making investment decisions.

Disclosures

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