Is Myer Holdings Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Myer Holdings Ltd pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Wednesday 27th of March 2024 were paid $0.03 per share. Over the last 20 times between 2010 and 2024, Myer Holdings Ltd has paid $1.18434 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Myer Holdings Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.625, you would have made a profit of $0.245 per share or 39.20%
Yes, the average daily trading liquidity for Myer Holdings Ltd is $1.62 million. You should therefore be able to get in and out of your positions relatively fast.
Myer Holdings Ltd has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.16, the company's ability to pay off the debt is good. The company has a very low net profit margin of 1.71%, which is challenging.
We have calculated the inflation risk for Myer Holdings Ltd to be low [0.2 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.