お知らせ • May 17
Charah Solutions, Inc. announced delayed 10-Q filing On 05/16/2023, Charah Solutions, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Feb 15
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Bill Varner was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. お知らせ • Jan 23
Charah Solutions Announces Receipt of Market Capitalization Notification Letter from NYSE Charah Solutions, Inc. ("Charah Solutions" or the "Company") received written notice from the New York Stock Exchange ("NYSE") that its total market capitalization is less than $50 million over a 30 trading-day period and its stockholders' equity is less than $50 million, which are the minimum for continued listing on the NYSE. Charah Solutions intends to respond to the NYSE within 45 days of January 13, 2022 with a business plan that is designed to demonstrate compliance with this listing standard within 18 months of receipt of this notice. The NYSE notification does not affect Charah Solutions' ongoing business operations or its Securities and Exchange Commission reporting requirements. The Company remains subject to the conditions set in the Exchange's letter dated December 28, 2022, for noncompliance with the $1.00 over a 30 trading-day average price standard. Following receipt of the Exchange's December 28, 2022 letter, the Company completed a one-for-ten reverse stock split effective on December 29, 2022. Price Target Changed • Aug 15
Price target decreased to US$4.67 Down from US$6.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$4.56. Stock is down 3.0% over the past year. The company is forecast to post a net loss per share of US$0.63 next year compared to a net loss per share of US$0.46 last year. Buying Opportunity • Jun 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be US$4.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 39% over the last 3 years. Earnings per share has declined by 4.3%. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 39% in the next year. Major Estimate Revision • May 17
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.37 to -US$0.61 per share. Revenue forecast unchanged at US$343.1m. Commercial Services industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$7.50 to US$6.50. Share price fell 24% to US$2.51 over the past week. Reported Earnings • May 12
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: US$0.43 loss per share (down from US$0.12 loss in 1Q 2021). Revenue: US$66.1m (up 27% from 1Q 2021). Net loss: US$14.3m (loss widened 308% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 121%. Over the next year, revenue is forecast to grow 16%, compared to a 23% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Price Target Changed • Apr 27
Price target increased to US$7.50 Up from US$4.25, the current price target is an average from 2 analysts. New target price is 111% above last closing price of US$3.56. Stock is down 40% over the past year. The company is forecast to post a net loss per share of US$0.38 next year compared to a net loss per share of US$0.46 last year. Major Estimate Revision • Apr 07
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from US$338.5m to US$345.0m. Forecast EPS reduced from -US$0.32 to -US$0.37 per share. Commercial Services industry in the US expected to see average net income growth of 35% next year. Consensus price target of US$7.50 unchanged from last update. Share price fell 14% to US$4.30 over the past week. Reported Earnings • Apr 02
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: US$0.46 loss per share (up from US$2.32 loss in FY 2020). Revenue: US$293.2m (up 26% from FY 2020). Net loss: US$14.6m (loss narrowed 79% from FY 2020). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Jan 25
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$288.0m to US$283.9m. 2021 losses expected to reduce from -US$0.46 to -US$0.37 per share. Commercial Services industry in the US expected to see average net income growth of 30% next year. Consensus price target of US$5.50 unchanged from last update. Share price fell 8.0% to US$5.19 over the past week. Reported Earnings • Nov 12
Third quarter 2021 earnings released: US$0.12 loss per share (vs US$0.17 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: US$84.2m (down 29% from 3Q 2020). Net loss: US$3.77m (loss narrowed 28% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Aug 17
Consensus EPS estimates fall to -US$0.34 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from US$280.0m to US$270.0m. Losses expected to increase from -US$0.28 to -US$0.34. Commercial Services industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$4.75 unchanged from last update. Share price rose 4.7% to US$4.70 over the past week. Reported Earnings • Aug 11
Second quarter 2021 earnings released: US$0.14 loss per share (vs US$0.15 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: US$63.5m (down 52% from 2Q 2020). Net loss: US$4.17m (loss narrowed 8.7% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2021 earnings released: US$0.12 loss per share (vs US$0.59 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$52.1m (up 1.6% from 1Q 2020). Net loss: US$3.50m (loss narrowed 80% from 1Q 2020). Major Estimate Revision • Apr 27
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -US$0.21 to -US$0.27 per share. Revenue forecast unchanged at US$277.5m. Commercial Services industry in the US expected to see average net income growth of 17% next year. Consensus price target of US$4.75 unchanged from last update. Share price was steady at US$6.22 over the past week. Price Target Changed • Mar 27
Price target increased to US$4.75 Up from US$4.25, the current price target is an average from 2 analysts. New target price is 10% above last closing price of US$4.31. Stock is up 163% over the past year. Reported Earnings • Mar 26
Full year 2020 earnings released: US$2.32 loss per share (vs US$1.67 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$232.4m (down 5.0% from FY 2019). Net loss: US$69.3m (loss widened 41% from FY 2019). Is New 90 Day High Low • Feb 19
New 90-day high: US$4.69 The company is up 62% from its price of US$2.90 on 20 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$11.21 per share. Is New 90 Day High Low • Jan 14
New 90-day low: US$2.68 The company is down 11% from its price of US$3.00 on 15 October 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$9.41 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 55%. Over the next year, revenue is forecast to grow 1.1%, compared to a 5.1% growth forecast for the Commercial Services industry in the US. Reported Earnings • Nov 11
Third quarter 2020 earnings released: US$0.17 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$118.7m (down 2.0% from 3Q 2019). Net loss: US$5.24m (loss widened 58% from 3Q 2019). Major Estimate Revision • Sep 25
Analysts update estimates The company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -US$0.42 to -US$0.53. Revenue estimate was approximately flat at US$557.1m. The Commercial Services industry in the US is expected to see an average net income growth of 5.0% next year. The consensus price target of US$4.13 was unchanged from the last update. Share price stayed mostly flat at US$2.96 over the past week.