How to buy Imdex shares | A$1.355
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Imdex Limited is a specialty industrial machinery business based in Australia. Imdex shares (IMD) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.355 – a decrease of 5.57% over the previous week. Imdex has a trailing 12-month revenue of around $241.5 million.
How to buy shares in Imdex
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Imdex . Find the share by name or ticker symbol: IMD. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Imdex reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $1.355, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Imdex . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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How has coronavirus impacted Imdex 's share price?
Since the stock market crash in March caused by coronavirus, Imdex 's share price has had significant negative movement.
Its last market close was $1.355, which is 19.35% down on its pre-crash value of $1.68 and 78.29% up on the lowest point reached during the March crash when the shares fell as low as $0.76.
If you had bought $1,000 worth of Imdex shares at the start of February 2020, those shares would have been worth $616.20 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $954.23.
Imdex share priceUse our graph to track the performance of IMD stocks over time.
Imdex shares at a glance
|Latest market close||AUDA$1.355|
|52-week range||AUDA$0.76 - AUDA$1.71|
|50-day moving average||AUDA$1.316|
|200-day moving average||AUDA$1.1566|
|Dividend yield||AUDA$0.01 (0.97%)|
|Earnings per share (TTM)||AUDA$0.055|
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Is it a good time to buy Imdex stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Imdex price performance over time
|1 week (2020-10-10)||N/A|
|1 month (2020-09-21)||-1.45%|
|3 months (2020-07-17)||17.32%|
|6 months (2020-04-17)||43.39%|
|1 year (2019-10-18)||-2.17%|
|2 years (2018-10-19)||12.45%|
|3 years (2017-10-19)||41.15%|
|5 years (2015-10-19)||515.91%|
Is Imdex under- or over-valued?
Valuing Imdex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Imdex 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Imdex 's P/E ratio
Imdex 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Imdex shares trade at around 25x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Imdex 's EBITDA
Imdex 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $52.3 million.
The EBITDA is a measure of a Imdex 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$241.5 million|
|Operating margin TTM||13.16%|
|Gross profit TTM||$163.4 million|
|Return on assets TTM||6.88%|
|Return on equity TTM||9.85%|
|Market capitalisation||$557 million|
TTM: trailing 12 months
Imdex share dividends
Dividend payout ratio: 61.67% of net profits
Recently Imdex has paid out, on average, around 61.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.97% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Imdex shareholders could enjoy a 0.97% return on their shares, in the form of dividend payments. In Imdex 's case, that would currently equate to about A$0.01 per share.
Imdex 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 27 September 2020 (the "ex-dividend date").
Have Imdex 's shares ever split?
Imdex 's shares were split on 17 May 1989. This wouldn't directly have changed the overall worth of your Imdex shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Imdex shares which in turn could have impacted Imdex 's share price.
Imdex share price volatility
Over the last 12 months, Imdex 's shares have ranged in value from as little as $0.76 up to $1.71. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Imdex 's is 1.6743. This would suggest that Imdex 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Imdex Limited, together with its subsidiaries, provides mining equipment, technology, and services for the minerals industry in the Asia-Pacific, Africa, Europe, the Americas, and internationally. The company offers drilling fluids, equipment, technologies, and software used to optimize drilling programs, as well as solutions for the minerals, horizontal directional drilling, water well, and civil construction sectors under the AMC brand. It also provides downhole instrumentation, data management, and analytical software for geological modelling, as well as geo-scientific data analysis and interpretation under the REFLEX brand. The company was formerly known as Pilbara Gold NL and changed its name to Imdex Limited in July 1985. Imdex Limited was incorporated in 1980 and is headquartered in Balcatta, Australia.
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