Cutera Inc Stock Price To Earning
| CUTR Stock | USD 0.1 0.01 7.67% |
Cutera Inc fundamentals help investors to digest information that contributes to Cutera's financial success or failures. It also enables traders to predict the movement of Cutera Pink Sheet. The fundamental analysis module provides a way to measure Cutera's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cutera pink sheet.
Cutera |
Cutera Inc Company Price To Earning Analysis
Cutera's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Cutera Price To Earning | 116.17 X |
Most of Cutera's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cutera Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, Cutera Inc has a Price To Earning of 116 times. This is 349.57% higher than that of the Health Care Equipment & Supplies sector and 66.27% higher than that of the Health Care industry. The price to earning for all United States stocks is notably lower than that of the firm.
Cutera Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cutera's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cutera could also be used in its relative valuation, which is a method of valuing Cutera by comparing valuation metrics of similar companies.Cutera is currently under evaluation in price to earning category among its peers.
Cutera Fundamentals
| Return On Equity | -44.47 | |||
| Return On Asset | -0.28 | |||
| Profit Margin | (0.93) % | |||
| Operating Margin | (1.11) % | |||
| Current Valuation | 374.95 M | |||
| Shares Outstanding | 20.19 M | |||
| Shares Owned By Insiders | 1.95 % | |||
| Shares Owned By Institutions | 27.66 % | |||
| Number Of Shares Shorted | 3.91 M | |||
| Price To Earning | 116.17 X | |||
| Price To Book | 61.48 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 212.37 M | |||
| Gross Profit | 9.2 M | |||
| EBITDA | (140.94 M) | |||
| Net Income | (162.83 M) | |||
| Cash And Equivalents | 278.18 M | |||
| Cash Per Share | 14.21 X | |||
| Total Debt | 431.91 M | |||
| Current Ratio | 4.36 X | |||
| Book Value Per Share | (12.53) X | |||
| Cash Flow From Operations | (137.87 M) | |||
| Short Ratio | 21.49 X | |||
| Earnings Per Share | (7.18) X | |||
| Price To Earnings To Growth | 9.05 X | |||
| Target Price | 2.0 | |||
| Number Of Employees | 430 | |||
| Beta | 1.37 | |||
| Market Capitalization | 1.96 M | |||
| Total Asset | 346.29 M | |||
| Retained Earnings | (303.35 M) | |||
| Working Capital | 181.44 M | |||
| Current Asset | 73.83 M | |||
| Current Liabilities | 24.43 M | |||
| Net Asset | 346.29 M |
About Cutera Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cutera Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cutera using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cutera Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cutera
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cutera position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cutera will appreciate offsetting losses from the drop in the long position's value.Moving against Cutera Pink Sheet
| 0.48 | TRV | The Travelers Companies | PairCorr |
| 0.41 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.35 | VZ | Verizon Communications | PairCorr |
The ability to find closely correlated positions to Cutera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cutera when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cutera - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cutera Inc to buy it.
The correlation of Cutera is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cutera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cutera Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cutera can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cutera Pink Sheet Analysis
When running Cutera's price analysis, check to measure Cutera's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.