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Geospace Technologies (GEOS)
NASDAQ:GEOS
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Geospace Technologies
(NASDAQ:GEOS)
Rating:56Neutral
Price Target:
$14.50
▲(3.42%Upside)
Geospace Technologies (GEOS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$179.62M
Dividend YieldN/A
Average Volume (3M)337.43K
Price to Earnings (P/E)―
Beta (1Y)0.82
Revenue Growth-14.52%
EPS Growth-204.65%
CountryUS
Employees450
SectorEnergy
Sector Strength53
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.77
Shares Outstanding12,806,952
10 Day Avg. Volume854,865
30 Day Avg. Volume337,433
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)0.47
Price to Sales (P/S)0.00
P/FCF Ratio-3.58
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue0.37
Enterprise Value/Gross Profit4.03
Enterprise Value/Ebitda6.24
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Geospace Technologies Business Overview & Revenue Model
Company DescriptionGeospace Technologies (GEOS) is a leading provider in the oil and gas industry, specializing in advanced seismic data acquisition systems and solutions. The company's core offerings include seismic data equipment, wireless seismic systems, and reservoir monitoring tools, which are used to explore and map subsurface resources. Geospace Technologies operates in sectors such as oil and gas exploration, water management, and border and security surveillance, leveraging its expertise in seismic technology to deliver innovative products and services.
How the Company Makes MoneyGeospace Technologies generates revenue primarily through the sale and lease of its seismic data acquisition products and systems to major oil and gas companies, which use these tools for exploration and production activities. The company also earns income from providing seismic data processing and interpretation services. Key revenue streams include the sale of geophones, hydrophones, and wireless seismic recording systems, as well as leasing arrangements for its equipment. Additionally, Geospace Technologies benefits from strategic partnerships with energy companies and government agencies, which help drive demand for its technologies in both commercial and defense applications.
Geospace Technologies Earnings Call Summary
Earnings Call Date:May 08, 2025
(Q1-2025)
| % Change Since: 110.51%|
Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with a strong start to the fiscal year and significant growth in the Smart Water segment. However, there were notable declines in the Energy Solutions and Intelligent Industrial segments, along with increased operating expenses.Q1-2025 Updates
Positive Updates
Strong Start to Fiscal Year 2025
Reported revenue of $37.2 million and net income of $8.4 million or $0.65 per diluted share for the first quarter, indicating a strong start to the fiscal year.
Significant Growth in Smart Water Segment
Revenue from the Smart Water segment increased by 72% compared to the previous year, totaling $7.3 million, driven by higher demand for Hydroconn cable and connector products.
Completion of Stock Repurchase Program
The company completed a $7 million stock repurchase program, purchasing approximately 716,000 shares at an average price of $9.72 per share.
Strong Balance Sheet
The company remains debt-free with $22 million of cash and short-term investments, $41 million in trade and financing receivables, and total liquidity of $34 million.
Negative Updates
Decrease in Energy Solutions Segment Revenue
Revenue from the Energy Solutions segment decreased by 39% compared to the previous year, totaling $24.3 million, due to lower utilization of the OBX rental fleet and a large sale in the previous year.
Decline in Intelligent Industrial Segment Revenue
The Intelligent Industrial segment reported a 4% decrease in revenue compared to the previous year, totaling $5.6 million, primarily due to lower demand for imaging products.
Increased Operating Expenses
Operating expenses increased by 31% compared to the previous year, amounting to $12.3 million, driven by higher personnel-related costs and R&D expenditures.
Company Guidance
During the Geospace Technologies First Quarter 2025 Earnings Conference Call, the company reported a revenue of $37.2 million and a net income of $8.4 million, equating to $0.65 per diluted share. The Smart Water segment saw a notable revenue increase of 72% to $7.3 million, driven by heightened demand for Hydroconn products. However, the Energy Solutions segment experienced a 39% decline in revenue to $24.3 million, partly due to a prior year's $30 million sale not recurring, while the Intelligent Industrial segment's revenue slightly decreased by 4% to $5.6 million. Operating expenses rose by 31% to $12.3 million, attributed to personnel costs and R&D expenditures. The company ended the quarter debt-free, holding $22 million in cash and short-term investments, with a total liquidity of $34 million. Geospace also completed a $7 million stock repurchase program. No specific revenue or earnings guidance was provided for future periods.Geospace Technologies Financial Statement Overview
Summary
Geospace Technologies faces significant profitability and cash flow challenges, despite a strong equity position. The company needs to address operational inefficiencies and improve its ability to generate positive cash flow to enhance its financial health.Income Statement
The company's revenue growth has been inconsistent, with a notable decline in the most recent TTM period. Gross profit margin is improving, but net profit margin remains negative, indicating profitability challenges. EBIT and EBITDA margins have also shown volatility, reflecting operational inefficiencies.55
Neutral
Balance Sheet
The balance sheet shows a strong equity position with a low debt-to-equity ratio, indicating financial stability. Return on equity is negative, highlighting profitability issues, but the equity ratio is high, suggesting a solid asset base.68
Positive
Cash Flow
Cash flow performance is weak, with negative operating cash flow and declining free cash flow, indicating liquidity issues. The operating cash flow to net income ratio is negative, further emphasizing the company's struggle to generate cash from operations.45
Neutral
| Breakdown | TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 116.54M | 135.60M | 124.51M | 89.25M | 94.86M | 87.83M |
| Gross Profit | 46.35M | 52.57M | 51.69M | 18.04M | 16.29M | 23.43M |
| EBITDA | -6.95M | 8.49M | 26.25M | -3.06M | 7.30M | 7.14M |
| Net Income | -16.35M | -6.58M | 12.21M | -22.86M | -14.06M | -19.24M |
Balance Sheet | ||||||
| Total Assets | 148.96M | 152.19M | 153.04M | 135.06M | 163.93M | 186.84M |
| Cash, Cash Equivalents and Short-Term Investments | 19.82M | 37.12M | 33.72M | 17.00M | 23.56M | 32.69M |
| Total Debt | 397.00K | 512.00K | 769.00K | 1.01M | 1.23M | 0.00 |
| Total Liabilities | 15.87M | 17.57M | 20.33M | 13.41M | 21.47M | 25.88M |
| Stockholders Equity | 133.09M | 134.62M | 132.72M | 121.65M | 142.46M | 160.97M |
Cash Flow | ||||||
| Free Cash Flow | -26.22M | -12.94M | 1.67M | -16.00M | -12.48M | 9.72M |
| Operating Cash Flow | -16.21M | -9.08M | 15.56M | -10.04M | -7.17M | 18.12M |
| Investing Cash Flow | 11.18M | 3.82M | -11.88M | 14.15M | -3.32M | -4.05M |
| Financing Cash Flow | -7.00M | -6.38M | -525.00K | -1.71M | -8.23M | -78.00K |
Geospace Technologies Technical Analysis
Positive
14.02
Price Trends
8.16
Positive
7.80
Positive
9.22
Positive
Market Momentum
2.13
Negative
63.08
Neutral
38.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GEOS, the sentiment is Positive. The current price of 14.02 is above the 20-day moving average (MA) of 11.07, above the 50-day MA of 8.16, and above the 200-day MA of 9.22, indicating a bullish trend. The MACD of 2.13 indicates Negative momentum. The RSI at 63.08 is Neutral, neither overbought nor oversold. The STOCH value of 38.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GEOS.
Geospace Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $76.30M | 9.33 | 8.71% | ― | 18.03% | -39.52% | |
67 Neutral | $105.00M | 26.47 | -1.66% | ― | 8.19% | -110.61% | |
64 Neutral | 6.20B | 16.10 | 2.07% | 7.11% | 33.60% | 18.24% | |
57 Neutral | $86.84M | 28.65 | -9.09% | ― | -0.94% | -353.00% | |
56 Neutral | $179.62M | ― | -11.88% | ― | -14.52% | -204.65% | |
49 Neutral | $43.38M | ― | -39.40% | ― | -40.77% | -14.13% | |
47 Neutral | $34.23M | ― | -375.26% | ― | -16.38% | -359.80% |
* Energy Sector Average
Performance Comparison
GEOS
Geospace Technologies
14.02
5.05
56.30%
DWSN
Dawson Geophysical Company
1.40
-0.48
-25.53%
SND
Smart Sand
1.97
-0.04
-1.99%
NCSM
Ncs Multistage Holdings
30.03
13.87
85.83%
KLXE
KLX Energy Services Holdings
1.95
-2.95
-60.20%
DTI
Drilling Tools International
2.95
-3.38
-53.40%
Geospace Technologies Corporate Events
Executive/Board ChangesShareholder Meetings
Geospace Technologies Announces Leadership Transition
Neutral
Nov 26, 2024
Geospace Technologies Corporation announces leadership changes as Gary D. Owens steps down as Chairman, with Stephen C. Jumper taking over the role immediately. Owens, a board member since 1997, will not seek re-election, marking a significant transition ahead of the February 2025 shareholders meeting.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.