Icad Inc Stock Buy Hold or Sell Recommendation
| ICAD Stock | USD 1.70 0.06 3.41% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding icad inc is 'Strong Sell'. Macroaxis provides Icad buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Icad positions.
Check out Icad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Icad and provide practical buy, sell, or hold advice based on investors' constraints. icad inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Icad |
Execute Icad Buy or Sell Advice
The Icad recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on icad inc. Macroaxis does not own or have any residual interests in icad inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Icad's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Icad Trading Alerts and Improvement Suggestions
| icad inc had very high historical volatility over the last 90 days | |
| icad inc may become a speculative penny stock | |
| The company reported the previous year's revenue of 17.32 M. Net Loss for the year was (4.85 M) with profit before overhead, payroll, taxes, and interest of 20.11 M. | |
| icad inc currently holds about 27.18 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. | |
| icad inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: iCAD Advances Fight Against Breast Cancer with FDA-cleared, Next-Generation AI Solutions and a Second-Read AI Partnership with Cascaid Health at RSNA 2024 |
Icad Returns Distribution Density
The distribution of Icad's historical returns is an attempt to chart the uncertainty of Icad's future price movements. The chart of the probability distribution of Icad daily returns describes the distribution of returns around its average expected value. We use icad inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Icad returns is essential to provide solid investment advice for Icad.
| Mean Return | 0.26 | Value At Risk | -5.96 | Potential Upside | 9.49 | Standard Deviation | 5.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Icad historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Icad Stock Institutional Investors
| Shares | Essex, Llc | 2024-09-30 | 138 K | Bridgeway Capital Management, Llc | 2024-09-30 | 74.6 K | Salem Investment Counselors Inc | 2024-09-30 | 73.9 K | State Street Corp | 2024-09-30 | 72.1 K | Millennium Management Llc | 2024-09-30 | 55.3 K | Northern Trust Corp | 2024-09-30 | 54.5 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 49.1 K | Tritonpoint Wealth Llc | 2024-09-30 | 47 K | Iht Wealth Management, Llc | 2024-09-30 | 44.6 K | Vanguard Group Inc | 2024-09-30 | 1.1 M | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 675.2 K |
Icad Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.1M | 11.9M | 7.1M | (13.0M) | 357K | 682.7K | |
| Free Cash Flow | (7.4M) | (7.5M) | (10.0M) | (13.3M) | (6.2M) | (5.9M) | |
| Depreciation | 674K | 577K | 557K | 521K | 409K | 388.6K | |
| Other Non Cash Items | 6.9M | 8.0M | 667K | 1.5M | (2.0M) | (1.9M) | |
| Capital Expenditures | 316K | 306K | 474K | 587K | 534K | 1.3M | |
| Net Income | (13.6M) | (17.6M) | (11.2M) | (13.7M) | (4.8M) | (5.1M) | |
| End Period Cash Flow | 15.3M | 27.2M | 34.3M | 21.3M | 21.7M | 22.8M | |
| Change To Inventory | (1.0M) | (533K) | (1.0M) | (1.2M) | 1.5M | 1.6M | |
| Change To Netincome | 5.2M | 6.4M | 10.7M | 3.4M | 3.1M | 2.9M | |
| Net Borrowings | (13K) | (16K) | 319K | (7.4M) | (6.6M) | (6.3M) | |
| Investments | (306K) | (474K) | (587K) | (534K) | (844K) | (801.8K) |
Icad Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Icad or Health Care Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Icad's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Icad stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 1.87 | |
σ | Overall volatility | 6.02 | |
Ir | Information ratio | 0.02 |
Icad Volatility Alert
icad inc exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Icad's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Icad's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Icad Fundamentals Vs Peers
Comparing Icad's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Icad's direct or indirect competition across all of the common fundamentals between Icad and the related equities. This way, we can detect undervalued stocks with similar characteristics as Icad or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Icad's fundamental indicators could also be used in its relative valuation, which is a method of valuing Icad by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Icad to competition |
| Fundamentals | Icad | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.0767 | -0.14 |
| Profit Margin | (0.12) % | (1.27) % |
| Operating Margin | (0.39) % | (5.51) % |
| Current Valuation | 28.01 M | 16.62 B |
| Shares Outstanding | 26.35 M | 571.82 M |
| Shares Owned By Insiders | 5.63 % | 10.09 % |
| Shares Owned By Institutions | 27.15 % | 39.21 % |
| Number Of Shares Shorted | 232.99 K | 4.71 M |
| Price To Earning | (8.32) X | 28.72 X |
| Price To Book | 1.53 X | 9.51 X |
| Price To Sales | 2.38 X | 11.42 X |
| Revenue | 17.32 M | 9.43 B |
| Gross Profit | 20.11 M | 27.38 B |
| EBITDA | (6.57 M) | 3.9 B |
| Net Income | (4.85 M) | 570.98 M |
| Cash And Equivalents | 27.18 M | 2.7 B |
| Cash Per Share | 1.07 X | 5.01 X |
| Total Debt | 461 K | 5.32 B |
| Debt To Equity | 0.08 % | 48.70 % |
| Current Ratio | 3.19 X | 2.16 X |
| Book Value Per Share | 1.27 X | 1.93 K |
| Cash Flow From Operations | (4.96 M) | 971.22 M |
| Short Ratio | 1.51 X | 4.00 X |
| Earnings Per Share | (0.20) X | 3.12 X |
| Price To Earnings To Growth | (0.56) X | 4.89 X |
| Target Price | 4.38 | |
| Number Of Employees | 67 | 18.84 K |
| Beta | 1.48 | -0.15 |
| Market Capitalization | 44.8 M | 19.03 B |
| Total Asset | 41.42 M | 29.47 B |
| Retained Earnings | (271.68 M) | 9.33 B |
| Working Capital | 22.93 M | 1.48 B |
Note: Acquisition by Wood Susan Alyson of 13137 shares of Icad at 2.7 subject to Rule 16b-3 [view details]
Icad Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Icad . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Icad Buy or Sell Advice
When is the right time to buy or sell icad inc? Buying financial instruments such as Icad Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Icad in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beer and Liquor Theme or any other thematic opportunities.
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Check out Icad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Icad. If investors know Icad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Revenue Per Share 0.718 | Quarterly Revenue Growth 0.206 | Return On Assets (0.08) | Return On Equity (0.15) |
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Icad's market value can be influenced by many factors that don't directly affect Icad's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.