Is CareMax Stock a Good Investment?
CareMax Investment Advice | CMAX |
- Examine CareMax'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 CareMax's leadership team and their track record. Good management can help CareMax navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact CareMax's business and its evolving consumer preferences.
- Compare CareMax's performance and market position to its competitors. Analyze how CareMax is positioned in terms of product offerings, innovation, and market share.
- Check if CareMax pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CareMax'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 CareMax 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 CareMax is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CareMax Stock
Researching CareMax'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 24.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. CareMax recorded a loss per share of 208.91. The entity had not issued any dividends in recent years. The firm had 1:30 split on the 1st of February 2024.
To determine if CareMax 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 CareMax's research are outlined below:
| CareMax generated a negative expected return over the last 90 days | |
| CareMax has high historical volatility and very poor performance | |
| CareMax has some characteristics of a very speculative penny stock | |
| CareMax has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 751.1 M. Net Loss for the year was (683.35 M) with profit before overhead, payroll, taxes, and interest of 80.3 M. | |
| CareMax currently holds about 68.13 M in cash with (46.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| CareMax has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company shares are held by company insiders | |
| Latest headline from benzinga.com: Gold Down Over 3 Rigetti Computing Shares Spike Higher |
CareMax Quarterly Liabilities And Stockholders Equity |
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CareMax 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 CareMax. 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 CareMax'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.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact CareMax'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 CareMax's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-03-08 | 2021-12-31 | -0.06 | -0.04 | 0.02 | 33 | ||
2021-11-15 | 2021-09-30 | -0.08 | -0.03 | 0.05 | 62 | ||
2022-08-09 | 2022-06-30 | -0.05 | -0.11 | -0.06 | 120 | ||
2023-03-09 | 2022-12-31 | -0.05 | 0.1 | 0.15 | 300 | ||
2022-05-10 | 2022-03-31 | -0.02 | -0.19 | -0.17 | 850 | ||
2022-11-09 | 2022-09-30 | -0.06 | -0.25 | -0.19 | 316 | ||
2023-08-09 | 2023-06-30 | -0.07 | -0.29 | -0.22 | 314 | ||
2021-08-13 | 2021-06-30 | -0.04 | -0.26 | -0.22 | 550 |
Know CareMax's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CareMax is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CareMax backward and forwards among themselves. CareMax's institutional investor refers to the entity that pools money to purchase CareMax'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 | Tower Research Capital Llc | 2024-09-30 | 5.1 K | Barclays Plc | 2024-09-30 | 789 | Bank Of America Corp | 2024-06-30 | 617 | Royal Bank Of Canada | 2024-09-30 | 500 | Fortitude Family Office Llc | 2024-09-30 | 187 | Bnp Paribas Arbitrage, Sa | 2024-09-30 | 182 | Cwm, Llc Duplicate | 2024-06-30 | 77.0 | Jpmorgan Chase & Co | 2024-09-30 | 54.0 | Citigroup Inc | 2024-09-30 | 34.0 | Deerfield Management Co | 2024-09-30 | 530.2 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 353.5 K |
CareMax's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.91 M.Market Cap |
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CareMax's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.87) | (1.78) | |
| Return On Capital Employed | (3.56) | (3.38) | |
| Return On Assets | (1.10) | (1.04) | |
| Return On Equity | (11.12) | (10.57) |
Determining CareMax's profitability involves analyzing its financial statements and using various financial metrics to determine if CareMax is a good buy. For example, gross profit margin measures CareMax'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 CareMax's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in CareMax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CareMax. Check CareMax's Beneish M Score to see the likelihood of CareMax's management manipulating its earnings.
Evaluate CareMax's management efficiency
CareMax has return on total asset (ROA) of (0.1059) % which means that it has lost $0.1059 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.2842) %, meaning that it created substantial loss on money invested by shareholders. CareMax's management efficiency ratios could be used to measure how well CareMax manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -1.78 in 2024. Return On Capital Employed is likely to rise to -3.38 in 2024. At this time, CareMax's Other Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 26 M in 2024, despite the fact that Net Tangible Assets are likely to grow to (175 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.48 | 15.66 | |
| Tangible Book Value Per Share | (52.75) | (55.38) | |
| Enterprise Value Over EBITDA | (0.82) | (0.78) | |
| Price Book Value Ratio | 0.91 | 0.86 | |
| Enterprise Value Multiple | (0.82) | (0.78) | |
| Price Fair Value | 0.91 | 0.86 | |
| Enterprise Value | 433.9 M | 378.3 M |
Evaluating the management effectiveness of CareMax allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The CareMax Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 0.679 |
Basic technical analysis of CareMax Stock
As of the 2nd of December, CareMax shows the Mean Deviation of 6.94, risk adjusted performance of (0.14), and Standard Deviation of 10.78. CareMax technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.CareMax'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 CareMax insiders, such as employees or executives, is commonly permitted as long as it does not rely on CareMax'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 CareMax 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.
CareMax's Outstanding Corporate Bonds
CareMax 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. CareMax 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 CareMax bonds can be classified according to their maturity, which is the date when CareMax 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.
| US141781BF09 Corp BondUS141781BF09 | View | |
| CARGIL 75 02 FEB 26 Corp BondUS141781BN33 | View | |
| CARGIL 3125 25 MAY 51 Corp BondUS141781BR47 | View | |
| CARGIL 17 02 FEB 31 Corp BondUS141781BQ63 | View | |
| US141781BK93 Corp BondUS141781BK93 | View | |
| US141781BJ21 Corp BondUS141781BJ21 | View | |
| US141781BM59 Corp BondUS141781BM59 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View |
Understand CareMax's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CareMax'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 | (0.14) | |||
| Market Risk Adjusted Performance | (2.44) | |||
| Mean Deviation | 6.94 | |||
| Coefficient Of Variation | (507.24) | |||
| Standard Deviation | 10.78 | |||
| Variance | 116.25 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (2.25) | |||
| Total Risk Alpha | (3.94) | |||
| Treynor Ratio | (2.45) | |||
| Maximum Drawdown | 80.24 | |||
| Value At Risk | (18.35) | |||
| Potential Upside | 12.64 | |||
| Skewness | (0.81) | |||
| Kurtosis | 5.66 |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (2.44) | |||
| Mean Deviation | 6.94 | |||
| Coefficient Of Variation | (507.24) | |||
| Standard Deviation | 10.78 | |||
| Variance | 116.25 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (2.25) | |||
| Total Risk Alpha | (3.94) | |||
| Treynor Ratio | (2.45) | |||
| Maximum Drawdown | 80.24 | |||
| Value At Risk | (18.35) | |||
| Potential Upside | 12.64 | |||
| Skewness | (0.81) | |||
| Kurtosis | 5.66 |
Consider CareMax's intraday indicators
CareMax 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 CareMax 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.
CareMax time-series forecasting models is one of many CareMax'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 CareMax'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.
CareMax Stock media impact
Far too much social signal, news, headlines, and media speculation about CareMax that are available to investors today. That information is available publicly through CareMax media outlets and privately through word of mouth or via CareMax internal channels. However, regardless of the origin, that massive amount of CareMax 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 CareMax 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 CareMax 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 CareMax's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CareMax alpha.
CareMax Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CareMax 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.
CareMax Corporate Management
| Carlos Solo | President, CoFounder | Profile | |
| Samantha Swerdlin | Vice Relations | Profile | |
| Niberto MD | Chief Officer | Profile | |
| Nicole Cable | Chief Officer | Profile | |
| Teresa McMeans | Chief Officer | Profile | |
| Erick CPA | Chief Officer | Profile |
Additional Tools for CareMax Stock Analysis
When running CareMax's price analysis, check to measure CareMax'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 CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.