Accuray to Report Fourth Quarter Fiscal 2024 Financial Results on August 14, 2024
| ARAY Stock | USD 2.23 0.12 5.69% |
Slightly above 55% of Accuray Incorporated's investors are presently thinking to get in. The analysis of overall sentiment of trading Accuray Incorporated stock suggests that some investors are interested at this time. Accuray Incorporated's investing sentiment can be driven by a variety of factors including economic data, Accuray Incorporated's earnings reports, geopolitical events, and overall market trends.
Accuray |
Accuray Incorporated will report financial results for the fourth quarter of fiscal year 2024, ended June 30, 2024, during a conference call hosted by company management at 130 p.m. PT430 p.m. ET on August 14, 2024.
Read at finance.yahoo.com
 |
Accuray Incorporated Fundamental Analysis
We analyze Accuray Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accuray Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accuray Incorporated 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.
Revenue
Revenue Comparative Analysis
Accuray Incorporated is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Accuray Incorporated Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Accuray Incorporated stock to make a market-neutral strategy. Peer analysis of Accuray Incorporated could also be used in its relative valuation, which is a method of valuing Accuray Incorporated by comparing valuation metrics with similar companies.
Peers
Accuray Incorporated Related Equities
| CTSO | Cytosorbents Crp | 6.59 | ||||
| CUTR | Cutera | 6.52 | ||||
| TELA | Tela Bio | 3.63 | ||||
| NPCE | Neuropace | 3.41 | ||||
| FNA | Paragon 28 | 3.20 | ||||
| ANIK | Anika Therapeutics | 3.02 | ||||
| KIDS | Orthopediatrics Corp | 2.32 | ||||
| SIBN | Si Bone | 2.19 | ||||
| CLPT | Clearpoint Neuro | 2.15 | ||||
| OFIX | Orthofix Medical | 2.09 | ||||
| SGHT | Sight Sciences | 2.05 | ||||
| AORT | Artivion | 1.62 | ||||
| BVS | Bioventus | 0.16 | ||||
| AVNS | Avanos Medical | 0.10 | ||||
| SRDX | SurModics | 0.23 | ||||
| AXGN | Axogen | 1.21 | ||||
| APYX | Apyx Medical | 4.73 |
Additional Tools for Accuray Stock Analysis
When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.