Is ICoreConnect Common Stock a Good Investment?

ICoreConnect Common Investment Advice

  ICCT
To provide specific investment advice or recommendations on iCoreConnect Common stock stock, we recommend investors consider the following general factors when evaluating iCoreConnect Common stock. This will help you to make an informed decision on whether to include ICoreConnect Common in one of your diversified portfolios:
  • Examine ICoreConnect Common'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 ICoreConnect Common's leadership team and their track record. Good management can help ICoreConnect Common navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Health Care Technology space and any emerging trends that could impact ICoreConnect Common's business and its evolving consumer preferences.
  • Compare ICoreConnect Common's performance and market position to its competitors. Analyze how ICoreConnect Common is positioned in terms of product offerings, innovation, and market share.
  • Check if ICoreConnect Common pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about ICoreConnect Common'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 iCoreConnect Common stock 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 iCoreConnect Common stock is a good investment.
 
Sell
 
Buy
Strong Sell
We provide advice to complement the regular expert consensus on ICoreConnect Common. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at this particular time. To make sure iCoreConnect Common stock is not overpriced, please check out all ICoreConnect Common fundamentals, including its revenue and the relationship between the total debt and total asset . As iCoreConnect Common stock appears to be a penny stock we also urge to confirm its shares owned by institutions numbers.

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very HighDetails

Economic Sensitivity

Moves totally opposite to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails

Examine ICoreConnect Common Stock

Researching ICoreConnect Common'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). The company recorded a loss per share of 65.66. iCoreConnect Common stock had not issued any dividends in recent years. The entity had 1:20 split on the 23rd of December 2024.
To determine if ICoreConnect Common 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 ICoreConnect Common's research are outlined below:
ICoreConnect Common generated a negative expected return over the last 90 days
ICoreConnect Common has high historical volatility and very poor performance
ICoreConnect Common has some characteristics of a very speculative penny stock
ICoreConnect Common has a very high chance of going through financial distress in the upcoming years
iCoreConnect Common stock currently holds 7.88 M in liabilities. iCoreConnect Common stock has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ICoreConnect Common's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 8.15 M. Net Loss for the year was (15.55 M) with profit before overhead, payroll, taxes, and interest of 8.57 M.
iCoreConnect Common stock currently holds about 164.26 K in cash with (8.82 M) of positive cash flow from operations.
Latest headline from MacroaxisInsider: Acquisition by Pasqual John of 150 shares of ICoreConnect Common at 0.9 subject to Rule 16b-3

ICoreConnect Common Quarterly Liabilities And Stockholders Equity

14.22 Million

ICoreConnect Common 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 iCoreConnect Common stock. 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 ICoreConnect Common'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.
19th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

ICoreConnect Common's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 829.41 K.

Market Cap

152.42 Million

ICoreConnect Common's profitablity analysis

Last ReportedProjected for Next Year
Return On Tangible Assets(1.36)(1.42)
Return On Capital Employed(1.36)(1.29)
Return On Assets(0.89)(0.94)
Return On Equity(3.15)(2.99)
The company has Profit Margin (PM) of (2.63) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.79) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.79.
Determining ICoreConnect Common's profitability involves analyzing its financial statements and using various financial metrics to determine if ICoreConnect Common is a good buy. For example, gross profit margin measures ICoreConnect Common'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 ICoreConnect Common's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in ICoreConnect Common's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of iCoreConnect Common stock. Check ICoreConnect Common's Beneish M Score to see the likelihood of ICoreConnect Common's management manipulating its earnings.

Evaluate ICoreConnect Common's management efficiency

iCoreConnect Common stock has return on total asset (ROA) of (0.6989) % which means that it has lost $0.6989 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (17.1832) %, meaning that it created substantial loss on money invested by shareholders. ICoreConnect Common's management efficiency ratios could be used to measure how well ICoreConnect Common manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.42 in 2025. Return On Capital Employed is likely to gain to -1.29 in 2025. At this time, ICoreConnect Common's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 788.4 K in 2025, whereas Total Current Liabilities is likely to drop slightly above 5.7 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 0.70  0.66 
Tangible Book Value Per Share(0.11)(0.12)
Enterprise Value Over EBITDA(18.29)(19.20)
Price Book Value Ratio 36.91  38.76 
Enterprise Value Multiple(18.29)(19.20)
Price Fair Value 36.91  38.76 
Enterprise Value170 M155.9 M
ICoreConnect Common showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta
1.083

Basic technical analysis of ICoreConnect Stock

As of the 27th of March, ICoreConnect Common retains the Coefficient Of Variation of (357.02), market risk adjusted performance of 1.59, and Standard Deviation of 9.71. ICoreConnect Common technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.

ICoreConnect Common'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 ICoreConnect Common insiders, such as employees or executives, is commonly permitted as long as it does not rely on ICoreConnect Common'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 ICoreConnect Common 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.
 
Pasqual John over a week ago
Acquisition by Pasqual John of 150 shares of ICoreConnect Common at 0.9 subject to Rule 16b-3
 
Kalish Wayne Edward over two weeks ago
Acquisition by Kalish Wayne Edward of 8889 shares of ICoreConnect Common at 0.35 subject to Rule 16b-3
 
Fundamental Global Inc. over two weeks ago
Disposition of 50000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2625 subject to Rule 16b-3
 
Archit Shah over two months ago
Acquisition by Archit Shah of 4001 shares of ICoreConnect Common at 2.5 subject to Rule 16b-3
 
Fundamental Global Inc. over three months ago
Disposition of 1000000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.269 subject to Rule 16b-3
 
Robert McDermott over three months ago
Acquisition by Robert McDermott of 40000 shares of ICoreConnect Common at 0.17 subject to Rule 16b-3
 
Pasqual John over three months ago
Discretionary transaction by Pasqual John of tradable shares of ICoreConnect Common subject to Rule 16b-3
 
Fundamental Global Inc. over three months ago
Disposition of 100000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2275 subject to Rule 16b-3
 
Fundamental Global Inc. over three months ago
Disposition of 100000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2327 subject to Rule 16b-3
 
Fundamental Global Inc. over three months ago
Disposition of 50000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2453 subject to Rule 16b-3
 
Fundamental Global Inc. over three months ago
Disposition of 50000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2625 subject to Rule 16b-3
 
Periscope Capital Inc. over three months ago
Disposition of 126100 shares by Periscope Capital Inc. of ICoreConnect Common subject to Rule 16b-3

ICoreConnect Common's Outstanding Corporate Bonds

ICoreConnect Common 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. iCoreConnect Common stock 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 ICoreConnect bonds can be classified according to their maturity, which is the date when iCoreConnect Common stock 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.

Understand ICoreConnect Common's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing ICoreConnect Common'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.

Consider ICoreConnect Common's intraday indicators

ICoreConnect Common 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 ICoreConnect Common 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.
ICoreConnect Common time-series forecasting models is one of many ICoreConnect Common'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 ICoreConnect Common'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.

ICoreConnect Stock media impact

Far too much social signal, news, headlines, and media speculation about ICoreConnect Common that are available to investors today. That information is available publicly through ICoreConnect media outlets and privately through word of mouth or via ICoreConnect internal channels. However, regardless of the origin, that massive amount of ICoreConnect 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 ICoreConnect Common 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 ICoreConnect Common 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 ICoreConnect Common's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ICoreConnect Common alpha.

ICoreConnect Common Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards ICoreConnect Common 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.

ICoreConnect Common Corporate Management

Additional Tools for ICoreConnect Stock Analysis

When running ICoreConnect Common's price analysis, check to measure ICoreConnect Common'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 ICoreConnect Common is operating at the current time. Most of ICoreConnect Common's value examination focuses on studying past and present price action to predict the probability of ICoreConnect Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect Common's price. Additionally, you may evaluate how the addition of ICoreConnect Common to your portfolios can decrease your overall portfolio volatility.