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HIT Stock Chart & Stats
AU$1.26
-AU$0.01(-0.79%)
At close: 4:00 PM EDT
AU$1.26
-AU$0.01(-0.79%)
Day’s Range― - ―
52-Week RangeAU$0.80 - AU$2.02
Previous CloseN/A
Volume16.58K
Average Volume (3M)8.53K
Market Cap
AU$52.87M
Enterprise ValueAU$28.21
Total Cash (Recent Filing)AU$10.56M
Total Debt (Recent Filing)AU$66.24K
Price to Earnings (P/E)12.9
Beta0.37
Next Earnings
Feb 17, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield7.38%
Share Statistics
EPS (TTM)0.10
Shares Outstanding42,300,000
10 Day Avg. Volume2,690
30 Day Avg. Volume8,525
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)3.32
Price to Sales (P/S)0.59
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetMinimal leverage reduces refinancing and interest-rate risk, giving Hitech greater resilience through softer demand. Growing equity also provides a stronger capital base without relying heavily on debt-funded expansion.
Established ICT Staffing ModelThe specialist ICT resourcing model addresses ongoing technology workforce needs across government and commercial customers. Contract and project-based placements can create repeat billings when Hitech maintains active client relationships and contractor volumes.
Sustained ProfitabilityConsistent profitability and positive operating margins indicate that Hitech’s core services can generate earnings after direct staffing costs. This provides a durable base for operations, even though recent growth and margins have weakened.
Bears Say
Revenue ContractionRecent revenue contraction signals weaker demand, lower placement volumes, or reduced client activity. Because staffing revenue depends on active billable contractors and project wins, sustained weakness could limit operating leverage and earnings growth.
Margin CompressionLower margins reduce the earnings contribution from each dollar of revenue and may indicate pricing pressure, a less favorable service mix, or higher delivery costs. Further compression would make recovery dependent on stronger volumes rather than efficiency.
Volatile Free Cash FlowThe sharp deterioration in free cash flow highlights inconsistent cash conversion and possible working-capital or reinvestment demands. Even with positive operating cash flow historically, weaker conversion can constrain distributions, investment, and financial flexibility.
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$0.80 and its highest was AU$2.02 in the past 12 months.
What is Hitech Group Australia Limited’s market cap?
Hitech Group Australia Limited’s market cap is AU$52.87M.
When is Hitech Group Australia Limited’s upcoming earnings report date?
Hitech Group Australia Limited’s upcoming earnings report date is Feb 17, 2027 which is in 177 days.
How were Hitech Group Australia Limited’s earnings last quarter?
Hitech Group Australia Limited released its earnings results on Aug 18, 2026. The company reported AU$0.049 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Hitech Group Australia Limited overvalued?
According to Wall Street analysts Hitech Group Australia Limited’s price is currently Overvalued.
Does Hitech Group Australia Limited pay dividends?
Hitech Group Australia Limited pays a Semiannually dividend of AU$0.045 which represents an annual dividend yield of 7.38%. 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?
Hitech Group Australia Limited reported an EPS of AU$0.049 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -7.692%.
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
Neutral
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10
Blogger Sentiment
Bullish
AU:HIT Sentiment 100%
Sector Average 56%
Sector Average 56%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.21%
12-Months-Change
Fundamentals
Return on Equity
7.38%
Trailing 12-Months
Asset Growth
0.57%
Trailing 12-Months
Company Description
Hitech Group Australia Limited
Established in 1993 and headquartered in Sydney, Australia, HiTech Group Australia Limited specializes in talent acquisition, connecting permanent and contract professionals with the Information and Communications Technology (ICT) sector throughout Australia's public and private domains. A key service involves deploying skilled ICT contractors to fulfill clients' temporary or project-specific staffing requirements. The company's expertise extends beyond technology, providing staffing solutions for other fields such as office administration, sales and marketing, and finance. Moreover, HiTech Group supports government agencies by delivering specialized digital services for the initiation and execution of digital transformation projects. Its diverse clientele includes major players in telecommunications, finance, healthcare, consulting, IT, and fast-moving consumer goods (FMCG), in addition to federal and state government entities.
Technical Analysis
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