Is 23Andme Holding Stock a Good Investment?
23Andme Holding Investment Advice | ME |
- Examine 23Andme Holding's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research 23Andme Holding's leadership team and their track record. Good management can help 23Andme Holding navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact 23Andme Holding's business and its evolving consumer preferences.
- Compare 23Andme Holding's performance and market position to its competitors. Analyze how 23Andme Holding is positioned in terms of product offerings, innovation, and market share.
- Check if 23Andme Holding pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about 23Andme Holding's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in 23Andme Holding Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if 23Andme Holding Co is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine 23Andme Holding Stock
Researching 23Andme Holding's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.77. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. 23Andme Holding recorded a loss per share of 17.39. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 16th of October 2024.
To determine if 23Andme Holding is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding 23Andme Holding's research are outlined below:
| 23Andme Holding generated a negative expected return over the last 90 days | |
| 23Andme Holding has high historical volatility and very poor performance | |
| 23Andme Holding has some characteristics of a very speculative penny stock | |
| 23Andme Holding has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 219.64 M. Annual Net Loss to common stockholders was (666.7 M) with gross profit of 110.72 M. | |
| 23Andme Holding Co reports about 410.89 M in cash with (164.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: 23andMe Launches New Homocysteine Genetic Report and Accompanying Lab Test |
23Andme Holding Quarterly Cost Of Revenue |
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23Andme Holding uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in 23Andme Holding Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 23Andme Holding's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact 23Andme Holding's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises 23Andme Holding's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-07 | 2023-12-31 | -0.14 | -0.16 | -0.02 | 14 | ||
2023-11-08 | 2023-09-30 | -0.14 | -0.16 | -0.02 | 14 | ||
2023-05-25 | 2023-03-31 | -0.16 | -0.14 | 0.02 | 12 | ||
2022-11-07 | 2022-09-30 | -0.17 | -0.15 | 0.02 | 11 | ||
2024-05-24 | 2024-03-31 | -0.15 | -0.11 | 0.04 | 26 | ||
2022-08-08 | 2022-06-30 | -0.16 | -0.2 | -0.04 | 25 | ||
2022-02-10 | 2021-12-31 | -0.16 | -0.21 | -0.05 | 31 | ||
2023-08-08 | 2023-06-30 | -0.15 | -0.23 | -0.08 | 53 |
Know 23Andme Holding's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as 23Andme Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 23Andme Holding Co backward and forwards among themselves. 23Andme Holding's institutional investor refers to the entity that pools money to purchase 23Andme Holding's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-12-31 | 63.2 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 58 K | Fmr Inc | 2024-12-31 | 55 K | Citadel Advisors Llc | 2024-12-31 | 49 K | Amvescap Plc. | 2024-12-31 | 41.5 K | Simplex Trading, Llc | 2024-12-31 | 34.5 K | Northern Trust Corp | 2024-12-31 | 29.5 K | Wittenberg Investment Management Inc | 2024-12-31 | 21 K | Group One Trading, Lp | 2024-12-31 | 16.2 K | Vanguard Group Inc | 2024-12-31 | 777.6 K | Shay Capital Llc | 2024-12-31 | 702.5 K |
23Andme Holding's market capitalization trends
The company currently falls under 'Micro-Cap' category with a market capitalization of 48.02 M.Market Cap |
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23Andme Holding's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.25) | (2.13) | |
| Return On Capital Employed | (1.38) | (1.31) | |
| Return On Assets | (1.94) | (1.84) | |
| Return On Equity | (4.07) | (3.86) |
Determining 23Andme Holding's profitability involves analyzing its financial statements and using various financial metrics to determine if 23Andme Holding is a good buy. For example, gross profit margin measures 23Andme Holding's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of 23Andme Holding's profitability and make more informed investment decisions.
Please note, the presentation of 23Andme Holding's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 23Andme Holding's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 23Andme Holding's management manipulating its earnings.
Evaluate 23Andme Holding's management efficiency
23Andme Holding has Return on Asset (ROA) of (0.3318) % which means that for every 100 dollars spent on asset, it generated a loss of $0.3318. This is way below average. Likewise, it shows a return on total equity (ROE) of (1.9376) %, which implies that it produced no returns to current stockholders. 23Andme Holding's management efficiency ratios could be used to measure how well 23Andme Holding manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -2.13. The current year's Return On Capital Employed is expected to grow to -1.31. At present, 23Andme Holding's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 308.7 M, whereas Other Current Assets are forecasted to decline to about 9.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.02 | 9.88 | |
| Tangible Book Value Per Share | 5.02 | 4.40 | |
| Enterprise Value Over EBITDA | (0.35) | (0.37) | |
| Price Book Value Ratio | 1.55 | 1.48 | |
| Enterprise Value Multiple | (0.35) | (0.37) | |
| Price Fair Value | 1.55 | 1.48 | |
| Enterprise Value | 130.4 M | 123.9 M |
23Andme Holding Co benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 1.195 |
Basic technical analysis of 23Andme Stock
As of the 24th of March, 23Andme Holding owns the Variance of 37.08, information ratio of (0.11), and Market Risk Adjusted Performance of (0.39). In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 23Andme Holding, as well as the relationship between them. Please confirm 23Andme Holding market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if 23Andme Holding Co is priced fairly, providing market reflects its prevailing price of 0.7503 per share. As 23Andme Holding is a penny stock we also strongly suggest to validate its jensen alpha numbers.23Andme Holding's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 23Andme Holding insiders, such as employees or executives, is commonly permitted as long as it does not rely on 23Andme Holding's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 23Andme Holding insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
23Andme Holding's Outstanding Corporate Bonds
23Andme Holding issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. 23Andme Holding uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most 23Andme bonds can be classified according to their maturity, which is the date when 23Andme Holding Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US90138FAC68 Corp BondUS90138FAC68 | View | |
| US90138FAD42 Corp BondUS90138FAD42 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand 23Andme Holding's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing 23Andme Holding's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.39) | |||
| Mean Deviation | 3.76 | |||
| Coefficient Of Variation | (822.67) | |||
| Standard Deviation | 6.09 | |||
| Variance | 37.08 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.40) | |||
| Maximum Drawdown | 42.99 | |||
| Value At Risk | (7.74) | |||
| Potential Upside | 9.23 | |||
| Skewness | (2.04) | |||
| Kurtosis | 11.87 |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.39) | |||
| Mean Deviation | 3.76 | |||
| Coefficient Of Variation | (822.67) | |||
| Standard Deviation | 6.09 | |||
| Variance | 37.08 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.40) | |||
| Maximum Drawdown | 42.99 | |||
| Value At Risk | (7.74) | |||
| Potential Upside | 9.23 | |||
| Skewness | (2.04) | |||
| Kurtosis | 11.87 |
Consider 23Andme Holding's intraday indicators
23Andme Holding intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 23Andme Holding stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
23Andme Holding time-series forecasting models is one of many 23Andme Holding's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 23Andme Holding's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
23Andme Stock media impact
Far too much social signal, news, headlines, and media speculation about 23Andme Holding that are available to investors today. That information is available publicly through 23Andme media outlets and privately through word of mouth or via 23Andme internal channels. However, regardless of the origin, that massive amount of 23Andme data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of 23Andme Holding news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of 23Andme Holding relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to 23Andme Holding's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive 23Andme Holding alpha.
23Andme Holding Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards 23Andme Holding can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
23Andme Holding Corporate Management
| Anne Wojcicki | CEO, CoFounder | Profile | |
| Joseph Selsavage | Interim Officer | Profile | |
| Frank Russo | Chief Officer | Profile | |
| Katie Watson | Vice Communications | Profile | |
| MB ChB | Executive Officer | Profile | |
| Wade Walke | VP Relations | Profile | |
| Jennifer Low | Head Development | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology 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 23Andme Holding. If investors know 23Andme 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 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.39) | Revenue Per Share | Quarterly Revenue Growth 0.347 | Return On Assets | Return On Equity |
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding'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 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between 23Andme Holding's value and its price, as these two are different measures arrived at by various means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding'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.