D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Price Targets: What Do They Mean?

At the last check on Friday, D-Market Elektronik Hizmetler ve Ticaret A.S.’s (NASDAQ:HEPS) stock was up $0.08, moving up 5.52 percent to $1.53. The average number of shares traded per day over the past five days has been 695,330 shares. 2 times new highs have been achieved over the past 5 days, with a $0.0894 gain in that time frame. In the last twenty days, the average volume was 506,413, while in the previous 50 days, it was 681,557.

Since last month, HEPS stock retreated -2.55%. Shares of the company fell to $1.4100 on 08/30/23, the lowest level in the past month. A 52-week high of $1.89 was reached on 07/13/23 after having rallying from a 52-week low of $0.61. Since the beginning of this year, HEPS’s stock price has risen by 131.82% or $0.8794, and marked a new high 17 times. However, the stock has declined by -19.05% since its 52-week high.

Valuation Metrics

The stock’s beta is 2.60. Besides these, the trailing price-to-sales (P/S) ratio of 0.81, the price-to-book (PB) ratio of 6.12.

Financial Health

In the three months ended March 30, D-Market Elektronik Hizmetler ve Ticaret A.S.’s quick ratio stood at 0.80, while its current ratio was 1.10, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.05, and the total debt-to-equity ratio was 0.14. On the profitability front, the trailing twelve-month gross margin is 26.40% percent. Based on annual data, HEPS earned $213.72 million in gross profit and brought in $983.45 million in revenue.

In D-Market Elektronik Hizmetler ve Ticaret A.S.’s quarter-end financial report for March 30, it reported total debt of $146.6 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HEPS’s revenue rose 52.97% during the quarter, while net income inched up to $16.07 billion. While analysts expected D-Market Elektronik Hizmetler ve Ticaret A.S. to report $0.9 quarterly earnings, the actual figure was -$0.74 per share, beating the consensus estimate by -182.20%. During the quarter, the company generated $7.18 million in EBITDA. The liabilities of D-Market Elektronik Hizmetler ve Ticaret A.S. were 403.35 million at the end of its most recent quarter ended March 30.

Technical Picture

This quick technical analysis looks at D-Market Elektronik Hizmetler ve Ticaret A.S.’s (HEPS) price momentum. With a historical volatility rate of 49.06%, the RSI 9-day stood at 54.31% on 31 August.

With respect to its five-day moving average, the current D-Market Elektronik Hizmetler ve Ticaret A.S. price is up by +6.17% percent or $0.0894. At present, HEPS shares trade -2.57% below its 20-day simple moving average and +33.86% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.57% below its SMA50 and +119.91% above its SMA200.

Stochastic coefficient K was 44.52% and Stochastic coefficient D was 32.54%, while ATR was 0.0868. Given the Stochastic reading of 80.87% for the 14-day period, the RSI (14) reading has been calculated as 51.37%.

Analyst Ratings

Citigroup upgraded its rating on D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ: HEPS) to a Buy in a note to investors on June 14, 2023. The analysts firm previously had a Neutral rating on the stock.D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) has been rated Buy by analysts. According to 0 brokerage firms, HEPS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate D-Market Elektronik Hizmetler ve Ticaret A.S. stock as buy, with 2 recommending it as overweight.

With a median target price of $58.78, the current consensus forecast for the stock is $57.37 – $60.19. Based on these forecasts, analysts predict D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) will achieve an average price target of $58.78.

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