Is Mind Technology Stock a Good Investment?
Mind Technology Investment Advice | MIND |
- Examine Mind Technology'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 Mind Technology's leadership team and their track record. Good management can help Mind Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Mind Technology's business and its evolving consumer preferences.
- Compare Mind Technology's performance and market position to its competitors. Analyze how Mind Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Mind Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Mind Technology'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 Mind Technology 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 Mind Technology is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Mind Technology Stock
Researching Mind Technology'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 19.0% of the company shares are owned by institutional investors. The book value of Mind Technology was now reported as 3.16. The company recorded earning per share (EPS) of 6.0. Mind Technology had not issued any dividends in recent years. The entity had 1:10 split on the 16th of October 2023.
To determine if Mind Technology 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 Mind Technology's research are outlined below:
| Mind Technology generated a negative expected return over the last 90 days | |
| Mind Technology has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 36.51 M. Net Loss for the year was (1.1 M) with profit before overhead, payroll, taxes, and interest of 20.66 M. | |
| Mind Technology currently holds about 833 K in cash with (4.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Latest headline from finance.yahoo.com: The past three years for MIND Technology investors has not been profitable |
Mind Technology 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 Mind Technology. 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 Mind Technology'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.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Mind Technology'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 Mind Technology's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2001-06-13 | 2001-04-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2000-09-14 | 2000-07-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2000-06-14 | 2000-04-30 | -0.07 | -0.08 | -0.01 | 14 | ||
1998-12-10 | 1998-10-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2023-06-13 | 2023-04-30 | -0.07 | -0.09 | -0.02 | 28 | ||
2011-09-07 | 2011-07-31 | 0.13 | 0.11 | -0.02 | 15 | ||
2010-06-08 | 2010-04-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2009-04-07 | 2009-01-31 | 0.14 | 0.16 | 0.02 | 14 |
Know Mind Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Mind Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mind Technology backward and forwards among themselves. Mind Technology's institutional investor refers to the entity that pools money to purchase Mind Technology'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 | Ubs Group Ag | 2024-12-31 | 26.2 K | Virtu Financial Llc | 2024-12-31 | 24.1 K | Blackrock Inc | 2024-12-31 | 23.2 K | Quadrature Capital Llp | 2024-12-31 | 22.6 K | Northern Trust Corp | 2024-12-31 | 19.5 K | Squarepoint Ops Llc | 2024-12-31 | 18.3 K | Brighton Jones Llc | 2024-12-31 | 17.3 K | Goss Wealth Management Llc | 2024-12-31 | 16.6 K | Xtx Topco Ltd | 2024-12-31 | 14.4 K | Schmeidler A R & Co Inc | 2024-12-31 | 302.1 K | Kennedy Capital Management Inc | 2024-12-31 | 211.5 K |
Mind Technology's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 56.18 M.Market Cap |
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Mind Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.09) | (0.11) |
Determining Mind Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Mind Technology is a good buy. For example, gross profit margin measures Mind Technology'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 Mind Technology's profitability and make more informed investment decisions.
Mind Technology's Earnings Breakdown by Geography
Please note, the presentation of Mind Technology'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, Mind Technology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Mind Technology's management manipulating its earnings.
Evaluate Mind Technology's management efficiency
Mind Technology has return on total asset (ROA) of 0.1205 % which means that it generated a profit of $0.1205 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1954 %, meaning that it created $0.1954 on every $100 dollars invested by stockholders. Mind Technology's management efficiency ratios could be used to measure how well Mind Technology manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.08). At present, Mind Technology's Total Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 6.3 M, whereas Non Current Assets Total are forecasted to decline to about 5.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.49 | 13.77 | |
| Tangible Book Value Per Share | 16.16 | 15.35 | |
| Enterprise Value Over EBITDA | 2.53 | 2.30 | |
| Price Book Value Ratio | 0.43 | 0.41 | |
| Enterprise Value Multiple | 2.53 | 2.30 | |
| Price Fair Value | 0.43 | 0.41 | |
| Enterprise Value | 28.6 M | 20.9 M |
Leadership effectiveness at Mind Technology is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.945 |
Basic technical analysis of Mind Stock
As of the 23rd of March, Mind Technology secures the Mean Deviation of 4.04, risk adjusted performance of 0.0663, and Downside Deviation of 5.15. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mind Technology, as well as the relationship between them. Please verify Mind Technology treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Mind Technology is priced some-what accurately, providing market reflects its recent price of 7.05 per share. Given that Mind Technology has jensen alpha of 0.3814, we recommend you to check Mind Technology's last-minute market performance to make sure the company can sustain itself at a future point.Mind Technology'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 Mind Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mind Technology'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 Mind Technology 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.
Mind Technology's Outstanding Corporate Bonds
Mind Technology 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. Mind Technology 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 Mind bonds can be classified according to their maturity, which is the date when Mind Technology 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 | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Mind Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Mind Technology'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 | 0.0663 | |||
| Market Risk Adjusted Performance | 0.7802 | |||
| Mean Deviation | 4.04 | |||
| Semi Deviation | 4.81 | |||
| Downside Deviation | 5.15 | |||
| Coefficient Of Variation | 1530.14 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.47 | |||
| Information Ratio | 0.0757 | |||
| Jensen Alpha | 0.3814 | |||
| Total Risk Alpha | 0.77 | |||
| Sortino Ratio | 0.0812 | |||
| Treynor Ratio | 0.7702 | |||
| Maximum Drawdown | 30.83 | |||
| Value At Risk | (9.11) | |||
| Potential Upside | 8.15 | |||
| Downside Variance | 26.5 | |||
| Semi Variance | 23.11 | |||
| Expected Short fall | (4.52) | |||
| Skewness | 0.3063 | |||
| Kurtosis | 1.3 |
| Risk Adjusted Performance | 0.0663 | |||
| Market Risk Adjusted Performance | 0.7802 | |||
| Mean Deviation | 4.04 | |||
| Semi Deviation | 4.81 | |||
| Downside Deviation | 5.15 | |||
| Coefficient Of Variation | 1530.14 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.47 | |||
| Information Ratio | 0.0757 | |||
| Jensen Alpha | 0.3814 | |||
| Total Risk Alpha | 0.77 | |||
| Sortino Ratio | 0.0812 | |||
| Treynor Ratio | 0.7702 | |||
| Maximum Drawdown | 30.83 | |||
| Value At Risk | (9.11) | |||
| Potential Upside | 8.15 | |||
| Downside Variance | 26.5 | |||
| Semi Variance | 23.11 | |||
| Expected Short fall | (4.52) | |||
| Skewness | 0.3063 | |||
| Kurtosis | 1.3 |
Consider Mind Technology's intraday indicators
Mind Technology 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 Mind Technology 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.
Mind Technology Corporate Filings
8K | 29th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 22nd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 12th of December 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 25th of October 2024 Other Reports | ViewVerify |
Mind Stock media impact
Far too much social signal, news, headlines, and media speculation about Mind Technology that are available to investors today. That information is available publicly through Mind media outlets and privately through word of mouth or via Mind internal channels. However, regardless of the origin, that massive amount of Mind 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 Mind Technology 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 Mind Technology 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 Mind Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Mind Technology alpha.
Mind Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Mind Technology 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.
Mind Technology Corporate Executives
Elected by the shareholders, the Mind Technology's board of directors comprises two types of representatives: Mind Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mind. The board's role is to monitor Mind Technology's management team and ensure that shareholders' interests are well served. Mind Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mind Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Oil & Gas Equipment & Services 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 Mind Technology. If investors know Mind 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 Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6 | Revenue Per Share | Quarterly Revenue Growth 1.434 | Return On Assets | Return On Equity |
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology'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 Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology'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 Mind Technology's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology'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.