Is Im Cannabis Stock a Good Investment?
Im Cannabis Investment Advice | IMCC |
- Examine Im Cannabis' 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 Im Cannabis' leadership team and their track record. Good management can help Im Cannabis 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 Im Cannabis' business and its evolving consumer preferences.
- Compare Im Cannabis' performance and market position to its competitors. Analyze how Im Cannabis is positioned in terms of product offerings, innovation, and market share.
- Check if Im Cannabis pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Im Cannabis' 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 Im Cannabis Corp 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 Im Cannabis Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Im Cannabis Stock
Researching Im Cannabis' 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 44.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Im Cannabis Corp recorded a loss per share of 4.06. The entity last dividend was issued on the 18th of June 2018. The firm had 1:6 split on the 12th of July 2024.
To determine if Im Cannabis 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 Im Cannabis' research are outlined below:
| Im Cannabis Corp generated a negative expected return over the last 90 days | |
| Im Cannabis Corp may become a speculative penny stock | |
| Im Cannabis Corp has high historical volatility and very poor performance | |
| Im Cannabis Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 48.8 M. Net Loss for the year was (10.23 M) with profit before overhead, payroll, taxes, and interest of 6.61 M. | |
| Im Cannabis Corp currently holds about 5.86 M in cash with (8.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 44.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: IM Cannabis Corp. to Announce 2024 Financial Results - TipRanks |
Im Cannabis Quarterly Liabilities And Stockholders Equity |
|
Earnings surprises can significantly impact Im Cannabis' 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 Im Cannabis' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-13 | 2023-09-30 | -0.21 | -0.16 | 0.05 | 23 | ||
2024-03-28 | 2023-12-31 | -0.12 | -0.18 | -0.06 | 50 | ||
2023-08-14 | 2023-06-30 | -0.07 | -0.26 | -0.19 | 271 | ||
2024-05-08 | 2024-03-31 | -0.2 | -0.42 | -0.22 | 110 | ||
2023-05-15 | 2023-03-31 | -0.26 | 0.03 | 0.29 | 111 | ||
2021-11-15 | 2021-09-30 | -0.2 | -0.6 | -0.4 | 200 | ||
2024-11-11 | 2024-09-30 | -1.01 | -0.41 | 0.6 | 59 | ||
2024-08-14 | 2024-06-30 | -1.17 | -0.23 | 0.94 | 80 |
Know Im Cannabis' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Im Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Im Cannabis Corp backward and forwards among themselves. Im Cannabis' institutional investor refers to the entity that pools money to purchase Im Cannabis' 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 | Renaissance Technologies Corp | 2024-09-30 | 0.0 | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 0.0 | Advisorshares Investments, Llc | 2024-12-31 | 104.1 K | Bank Of Montreal | 2024-12-31 | 12.6 K | Bmo Capital Markets Corp. | 20242024-12-31 | 12.6 K | Federation Des Caisses Desjardins Du Quebec | 2024-12-31 | 3.8 K | Royal Bank Of Canada | 2024-12-31 | 290 | Bryn Mawr Trust Company | 2024-12-31 | 9.0 | Sbi Securities Co Ltd | 2024-12-31 | 8.0 | Td Waterhouse Canada Inc | 2024-12-31 | 3.0 | Group One Trading, Lp | 2024-12-31 | 2.0 |
Im Cannabis' market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.52 M.Market Cap |
|
Im Cannabis' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.33) | (0.35) | |
| Return On Capital Employed | (0.87) | (0.92) | |
| Return On Assets | (0.22) | (0.23) | |
| Return On Equity | (0.75) | (0.79) |
Determining Im Cannabis' profitability involves analyzing its financial statements and using various financial metrics to determine if Im Cannabis is a good buy. For example, gross profit margin measures Im Cannabis' 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 Im Cannabis' profitability and make more informed investment decisions.
Please note, the presentation of Im Cannabis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Im Cannabis' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Im Cannabis' management manipulating its earnings.
Evaluate Im Cannabis' management efficiency
Im Cannabis Corp has return on total asset (ROA) of (0.1531) % which means that it has lost $0.1531 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.173) %, meaning that it created substantial loss on money invested by shareholders. Im Cannabis' management efficiency ratios could be used to measure how well Im Cannabis manages its routine affairs as well as how well it operates its assets and liabilities. As of March 22, 2025, Return On Tangible Assets is expected to decline to -0.35. In addition to that, Return On Capital Employed is expected to decline to -0.92. At present, Im Cannabis' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 29.3 M, whereas Non Current Assets Total are forecasted to decline to about 17 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.23 | 1.17 | |
| Tangible Book Value Per Share | (0.20) | (0.19) | |
| Enterprise Value Over EBITDA | (19.52) | (20.49) | |
| Price Book Value Ratio | 2.81 | 2.67 | |
| Enterprise Value Multiple | (19.52) | (20.49) | |
| Price Fair Value | 2.81 | 2.67 | |
| Enterprise Value | 223.3 M | 198.5 M |
Im Cannabis showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta 1.976 |
Basic technical analysis of IMCC Stock
As of the 22nd of March, Im Cannabis owns the Information Ratio of (0.08), market risk adjusted performance of (0.49), and Coefficient Of Variation of (1,126). Im Cannabis Corp technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.Im Cannabis' Outstanding Corporate Bonds
Im Cannabis 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. Im Cannabis Corp 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 IMCC bonds can be classified according to their maturity, which is the date when Im Cannabis Corp 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Im Cannabis' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Im Cannabis' 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 3.51 | |||
| Coefficient Of Variation | (1,126) | |||
| Standard Deviation | 4.41 | |||
| Variance | 19.46 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 19.2 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 8.14 | |||
| Skewness | 0.5358 | |||
| Kurtosis | (0.06) |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 3.51 | |||
| Coefficient Of Variation | (1,126) | |||
| Standard Deviation | 4.41 | |||
| Variance | 19.46 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 19.2 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 8.14 | |||
| Skewness | 0.5358 | |||
| Kurtosis | (0.06) |
Consider Im Cannabis' intraday indicators
Im Cannabis 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 Im Cannabis 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.
Im Cannabis time-series forecasting models is one of many Im Cannabis' 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 Im Cannabis' 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.
IMCC Stock media impact
Far too much social signal, news, headlines, and media speculation about Im Cannabis that are available to investors today. That information is available publicly through IMCC media outlets and privately through word of mouth or via IMCC internal channels. However, regardless of the origin, that massive amount of IMCC 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 Im Cannabis 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 Im Cannabis 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 Im Cannabis' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Im Cannabis alpha.
Im Cannabis Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Im Cannabis 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.
Im Cannabis Corporate Management
| Shai Shemesh | Chief Officer | Profile | |
| Advocate Nissimov | General Counsel | Profile | |
| Michael Ruscetta | Chief Corp | Profile | |
| Richard Balla | Chief Adjupharm | Profile | |
| Rinat Efrima | Chief Israel | Profile | |
| Howard CFA | Chief MYM | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Im Cannabis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Im Cannabis. If investors know IMCC 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 Im Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.06) | Revenue Per Share | Quarterly Revenue Growth 0.122 | Return On Assets | Return On Equity |
The market value of Im Cannabis Corp is measured differently than its book value, which is the value of IMCC that is recorded on the company's balance sheet. Investors also form their own opinion of Im Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Im Cannabis' 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 Im Cannabis' market value can be influenced by many factors that don't directly affect Im Cannabis' 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 Im Cannabis' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Im Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Im Cannabis' 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.