Is Nano X Stock a Good Investment?
Nano X Investment Advice | NNOX |
- Examine Nano X'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 Nano X's leadership team and their track record. Good management can help Nano X 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 Nano X's business and its evolving consumer preferences.
- Compare Nano X's performance and market position to its competitors. Analyze how Nano X is positioned in terms of product offerings, innovation, and market share.
- Check if Nano X pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nano X'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 Nano X Imaging 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 Nano X Imaging is a good investment.
Sell | Buy |
Sell
Market Performance | Modest | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nano X Stock
Researching Nano X'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 Nano X was now reported as 3.38. The company recorded a loss per share of 0.86. Nano X Imaging had not issued any dividends in recent years.
To determine if Nano X 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 Nano X's research are outlined below:
| Nano X Imaging had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 9.9 M. Net Loss for the year was (60.78 M) with loss before overhead, payroll, taxes, and interest of (6.88 M). | |
| Nano X Imaging currently holds about 86.63 M in cash with (44.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.66. | |
| Latest headline from investing.com: Nano-X Imagings SWOT analysis AI-driven medical imaging stock faces growth hurdles |
Nano X 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 Nano X Imaging. 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 Nano X'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 | |
| 27th 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 Nano X'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 Nano X's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-03-02 | 2020-12-31 | -0.2 | -0.18 | 0.02 | 10 | ||
2021-08-10 | 2021-06-30 | -0.25 | -0.28 | -0.03 | 12 | ||
2024-05-28 | 2024-03-31 | -0.26 | -0.21 | 0.05 | 19 | ||
2023-08-17 | 2023-06-30 | -0.26 | -0.31 | -0.05 | 19 | ||
2022-11-10 | 2022-09-30 | -0.42 | -0.37 | 0.05 | 11 | ||
2024-11-26 | 2024-09-30 | -0.22 | -0.15 | 0.07 | 31 | ||
2023-11-28 | 2023-09-30 | -0.3 | -0.37 | -0.07 | 23 | ||
2022-08-16 | 2022-06-30 | -0.25 | -0.35 | -0.1 | 40 |
Know Nano X's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nano X is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nano X Imaging backward and forwards among themselves. Nano X's institutional investor refers to the entity that pools money to purchase Nano X'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 | Bank Of New York Mellon Corp | 2024-09-30 | 140.1 K | Nuveen Asset Management, Llc | 2024-09-30 | 131.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 127.3 K | Tempus Wealth Planning, Llc | 2024-09-30 | 121.1 K | Jane Street Group Llc | 2024-06-30 | 98.4 K | Balyasny Asset Management Llc | 2024-09-30 | 93.7 K | Barclays Plc | 2024-09-30 | 86.2 K | Rhumbline Advisers | 2024-09-30 | 70.3 K | Lpl Financial Corp | 2024-09-30 | 65.9 K | Blackrock Inc | 2024-06-30 | 3 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.4 M |
Nano X's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 490.41 M.Market Cap |
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Nano X's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.44) | (0.46) | |
| Return On Capital Employed | (0.31) | (0.29) | |
| Return On Assets | (0.28) | (0.29) | |
| Return On Equity | (0.31) | (0.30) |
Determining Nano X's profitability involves analyzing its financial statements and using various financial metrics to determine if Nano X is a good buy. For example, gross profit margin measures Nano X'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 Nano X's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Nano X's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nano X Imaging. Check Nano X's Beneish M Score to see the likelihood of Nano X's management manipulating its earnings.
Evaluate Nano X's management efficiency
Nano X Imaging has return on total asset (ROA) of (0.1715) % which means that it has lost $0.1715 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3118) %, meaning that it created substantial loss on money invested by shareholders. Nano X's management efficiency ratios could be used to measure how well Nano X manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.46 in 2024. Return On Capital Employed is likely to rise to -0.29 in 2024. At this time, Nano X's Other Current Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 91.1 M in 2024, whereas Total Assets are likely to drop slightly above 199 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.47 | 2.66 | |
| Tangible Book Value Per Share | 2.04 | 1.77 | |
| Enterprise Value Over EBITDA | (6.52) | (6.85) | |
| Price Book Value Ratio | 1.84 | 1.93 | |
| Enterprise Value Multiple | (6.52) | (6.85) | |
| Price Fair Value | 1.84 | 1.93 | |
| Enterprise Value | 1.6 B | 1.9 B |
The management team at Nano X has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 2.002 |
Basic technical analysis of Nano Stock
As of the 11th of December 2024, Nano X secures the Mean Deviation of 3.29, risk adjusted performance of 0.077, and Downside Deviation of 4.11. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nano X Imaging, as well as the relationship between them.Nano X's Outstanding Corporate Bonds
Nano X 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. Nano X Imaging 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 Nano bonds can be classified according to their maturity, which is the date when Nano X Imaging 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 | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Nano X's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nano X'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 | 0.077 | |||
| Market Risk Adjusted Performance | 0.293 | |||
| Mean Deviation | 3.29 | |||
| Semi Deviation | 3.66 | |||
| Downside Deviation | 4.11 | |||
| Coefficient Of Variation | 1056.46 | |||
| Standard Deviation | 5.41 | |||
| Variance | 29.24 | |||
| Information Ratio | 0.0716 | |||
| Jensen Alpha | 0.2989 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0943 | |||
| Treynor Ratio | 0.283 | |||
| Maximum Drawdown | 29.99 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 5.56 | |||
| Downside Variance | 16.87 | |||
| Semi Variance | 13.38 | |||
| Expected Short fall | (3.60) | |||
| Skewness | 2.47 | |||
| Kurtosis | 11.29 |
| Risk Adjusted Performance | 0.077 | |||
| Market Risk Adjusted Performance | 0.293 | |||
| Mean Deviation | 3.29 | |||
| Semi Deviation | 3.66 | |||
| Downside Deviation | 4.11 | |||
| Coefficient Of Variation | 1056.46 | |||
| Standard Deviation | 5.41 | |||
| Variance | 29.24 | |||
| Information Ratio | 0.0716 | |||
| Jensen Alpha | 0.2989 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0943 | |||
| Treynor Ratio | 0.283 | |||
| Maximum Drawdown | 29.99 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 5.56 | |||
| Downside Variance | 16.87 | |||
| Semi Variance | 13.38 | |||
| Expected Short fall | (3.60) | |||
| Skewness | 2.47 | |||
| Kurtosis | 11.29 |
Consider Nano X's intraday indicators
Nano X 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 Nano X 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.
| Accumulation Distribution | 429995.0 | |||
| Daily Balance Of Power | (0.80) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 8.12 | |||
| Day Typical Price | 7.98 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (0.68) |
Nano X Corporate Filings
6K | 5th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 7th of June 2024 Other Reports | ViewVerify | |
| 22nd of April 2024 Other Reports | ViewVerify |
Nano Stock media impact
Far too much social signal, news, headlines, and media speculation about Nano X that are available to investors today. That information is available publicly through Nano media outlets and privately through word of mouth or via Nano internal channels. However, regardless of the origin, that massive amount of Nano 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 Nano X 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 Nano X 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 Nano X's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nano X alpha.
Nano X Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nano X 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.
Nano X Corporate Management
| Gali Attias | Chief Resources | Profile | |
| Marina Feler | Chief Officer | Profile | |
| Tal Shank | VP Devel | Profile | |
| Ran Poliakine | Founder Chairman | Profile | |
| Tamar Cohen | Executive Officer | Profile | |
| Ran Daniel | Chief Officer | Profile | |
| Ilung Kim | Head Korea | Profile |
Additional Tools for Nano Stock Analysis
When running Nano X's price analysis, check to measure Nano X'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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.