tiprankstipranks
Trending News
More News >
Hitech Group Australia Limited (AU:HIT)
ASX:HIT
Australian Market

Hitech Group Australia Limited (HIT) Price & Analysis

Compare
2 Followers

HIT Stock Chart & Stats

AU$1.63
-AU$0.04(-2.06%)
At close: 4:00 PM EST
AU$1.63
-AU$0.04(-2.06%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthConsistent revenue growth indicates strong demand for HIT's services, supporting long-term business expansion and market presence.
Balance Sheet HealthA low debt-to-equity ratio reflects financial prudence, providing HIT with flexibility to invest in growth opportunities without excessive risk.
ProfitabilityHigh return on equity highlights effective management and strong profitability, enhancing shareholder value over the long term.
Bears Say
Free Cash Flow DeclineThe decline in free cash flow growth may limit HIT's ability to fund new projects or return capital to shareholders, impacting future growth.
Gross Profit Margin PressureDecreasing gross profit margins suggest rising costs, which could erode profitability if not managed effectively, impacting long-term margins.
Cash Flow ConversionWeak cash flow conversion may hinder HIT's ability to reinvest in the business or manage financial obligations, affecting liquidity.

Hitech Group Australia Limited News

HIT FAQ

What was Hitech Group Australia Limited’s price range in the past 12 months?
Hitech Group Australia Limited lowest share price was AU$1.53 and its highest was AU$2.15 in the past 12 months.
    What is Hitech Group Australia Limited’s market cap?
    Hitech Group Australia Limited’s market cap is AU$69.79M.
      When is Hitech Group Australia Limited’s upcoming earnings report date?
      Hitech Group Australia Limited’s upcoming earnings report date is Aug 19, 2026 which is in 179 days.
        How were Hitech Group Australia Limited’s earnings last quarter?
        Currently, no data Available
        Is Hitech Group Australia Limited overvalued?
        According to Wall Street analysts Hitech Group Australia Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Hitech Group Australia Limited pay dividends?
          Hitech Group Australia Limited pays a Semiannually dividend of AU$0.05 which represents an annual dividend yield of 6.25%. See more information on Hitech Group Australia Limited dividends here
            What is Hitech Group Australia Limited’s EPS estimate?
            Hitech Group Australia Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Hitech Group Australia Limited have?
            Hitech Group Australia Limited has 42,300,000 shares outstanding.
              What happened to Hitech Group Australia Limited’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Hitech Group Australia Limited?
              Currently, no hedge funds are holding shares in AU:HIT
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Hitech Group Australia Limited Stock Smart Score

                4
                Neutral
                1
                2
                3
                4
                5
                6
                7
                8
                9
                10

                Technicals

                SMA
                Positive
                20 days / 200 days
                Momentum
                -2.21%
                12-Months-Change

                Fundamentals

                Return on Equity
                60.81%
                Trailing 12-Months
                Asset Growth
                4.08%
                Trailing 12-Months

                Company Description

                Hitech Group Australia Limited

                HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company also offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state governments. HiTech Group Australia Limited was incorporated in 1993 and is based in Sydney, Australia.

                Hitech Group Australia Limited (HIT) Earnings & Revenues

                Similar Stocks
                Company
                Price & Change
                Follow
                AD1 Holdings Ltd
                Hiremii Ltd.
                Peoplein Limited
                Ashley Services Group Ltd.
                Popular Stocks