Is Prenetics Global Stock a Good Investment?
Prenetics Global Investment Advice | PRE |
- Examine Prenetics Global'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 Prenetics Global's leadership team and their track record. Good management can help Prenetics Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Reinsurance space and any emerging trends that could impact Prenetics Global's business and its evolving consumer preferences.
- Compare Prenetics Global's performance and market position to its competitors. Analyze how Prenetics Global is positioned in terms of product offerings, innovation, and market share.
- Check if Prenetics Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Prenetics Global'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 Prenetics Global 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 Prenetics Global is a good investment.
Sell | Buy |
Strong 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 | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Prenetics Global Stock
Researching Prenetics Global'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 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prenetics Global has Price/Earnings (P/E) ratio of 144.87. The entity recorded a loss per share of 3.73. The firm last dividend was issued on the February 17, 2016. Prenetics Global had 1:15 split on the 14th of November 2023.
To determine if Prenetics Global 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 Prenetics Global's research are outlined below:
| Prenetics Global had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 21.74 M. Reported Net Loss for the year was (64.78 M) with profit before taxes, overhead, and interest of 14.17 M. | |
| Prenetics Global has about 176.27 M in cash with (13.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59. | |
| Prenetics Global has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Nasdaq-Listed Prenetics Announces Genomics-Based Partnership with Humanity Protocol and Launches Crypto Strategic Reserve |
Prenetics Global Quarterly Cash And Short Term Investments |
|
Prenetics Global 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 Prenetics Global. 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 Prenetics Global'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.
| 12th of March 2024 Upcoming Quarterly Report | View | |
| 3rd of June 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th 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 Prenetics Global'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 Prenetics Global's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-06-05 | 2023-03-31 | -0.06 | -0.07 | -0.01 | 16 | ||
2023-09-15 | 2023-06-30 | -0.05 | -0.1 | -0.05 | 100 | ||
2022-11-10 | 2022-09-30 | -0.13 | -0.21 | -0.08 | 61 | ||
2023-03-14 | 2022-12-31 | -0.09 | 0.01 | 0.1 | 111 | ||
2022-09-09 | 2022-06-30 | -0.62 | 0.04 | 0.66 | 106 | ||
2023-11-20 | 2023-09-30 | -0.82 | -0.08 | 0.74 | 90 | ||
2024-04-01 | 2024-03-31 | -0.75 | -1.57 | -0.82 | 109 | ||
2022-05-17 | 2022-03-31 | -1.28 | 0.1638 | 1.4438 | 112 |
Prenetics Global Target Price Consensus
Prenetics target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Prenetics Global's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| One | Strong Buy |
Most Prenetics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Prenetics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Prenetics Global, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPrenetics Global Target Price Projection
Prenetics Global's current and average target prices are 5.41 and 9.00, respectively. The current price of Prenetics Global is the price at which Prenetics Global is currently trading. On the other hand, Prenetics Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Prenetics Global Market Quote on 17th of February 2025
Target Price
Analyst Consensus On Prenetics Global Target Price
Prenetics Global Analyst Ratings
Prenetics Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Prenetics Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Prenetics Global's financials, market performance, and future outlook by experienced professionals. Prenetics Global's historical ratings below, therefore, can serve as a valuable tool for investors.Know Prenetics Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Prenetics Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prenetics Global backward and forwards among themselves. Prenetics Global's institutional investor refers to the entity that pools money to purchase Prenetics Global'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 | Prudential Corp Plc | 2024-09-30 | 428 K | Aspex Management (hk) Ltd | 2024-09-30 | 346.1 K | Nomura Holdings Inc | 2024-09-30 | 323 K | Ubs Group Ag | 2024-09-30 | 12.5 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 2.4 K | Bank Of America Corp | 2024-09-30 | 111 | Wolverine Asset Management Llc | 2024-12-31 | 1.0 | Aspire Private Capital, Llc | 2024-12-31 | 0.0 |
Prenetics Global's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 66.1 M.Market Cap |
|
Prenetics Global's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.22) | (0.21) | |
| Return On Assets | (0.22) | (0.23) | |
| Return On Equity | (0.27) | (0.29) |
Determining Prenetics Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Prenetics Global is a good buy. For example, gross profit margin measures Prenetics Global'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 Prenetics Global's profitability and make more informed investment decisions.
Please note, the presentation of Prenetics Global'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, Prenetics Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Prenetics Global's management manipulating its earnings.
Evaluate Prenetics Global's management efficiency
Prenetics Global has Return on Asset of (0.1106) % which means that on every $100 spent on assets, it lost $0.1106. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.238) %, meaning that it generated no profit with money invested by stockholders. Prenetics Global's management efficiency ratios could be used to measure how well Prenetics Global manages its routine affairs as well as how well it operates its assets and liabilities. As of February 17, 2025, Return On Tangible Assets is expected to decline to -0.28. The current year's Return On Capital Employed is expected to grow to -0.21. At present, Prenetics Global's Non Current Assets Total 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 110.5 M, whereas Other Assets are projected to grow to (7.1 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.82 | 17.66 | |
| Tangible Book Value Per Share | 13.41 | 14.08 | |
| Enterprise Value Over EBITDA | (0.43) | (0.46) | |
| Price Book Value Ratio | 0.37 | 0.35 | |
| Enterprise Value Multiple | (0.43) | (0.46) | |
| Price Fair Value | 0.37 | 0.35 | |
| Enterprise Value | 26.6 M | 25.3 M |
The strategic initiatives led by Prenetics Global's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta (0.32) |
Basic technical analysis of Prenetics Stock
As of the 17th of February 2025, Prenetics Global holds the Coefficient Of Variation of 1274.51, semi deviation of 2.81, and Risk Adjusted Performance of 0.0639. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prenetics Global, as well as the relationship between them. Please check Prenetics Global information ratio, as well as the relationship between the potential upside and kurtosis to decide if Prenetics Global is priced some-what accurately, providing market reflects its current price of 5.41 per share. Given that Prenetics Global has jensen alpha of 0.3203, we recommend you to check out Prenetics Global's recent market performance to make sure the company can sustain itself at a future point.Prenetics Global'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 Prenetics Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Prenetics Global'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 Prenetics Global 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.
Zwiener David K over two months ago Disposition of 8170 shares by Zwiener David K of Prenetics Global at 75.54 subject to Rule 16b-3 | ||
Desmet Laurie over three months ago Acquisition by Desmet Laurie of 981 shares of Prenetics Global subject to Rule 16b-3 | ||
Sautter Remy over six months ago Acquisition by Sautter Remy of 5282 shares of Prenetics Global at 71.12 subject to Rule 16b-3 | ||
Roberto Mendoza over six months ago Disposition of 10768 shares by Roberto Mendoza of Prenetics Global at 68.59 subject to Rule 16b-3 |
Prenetics Global's Outstanding Corporate Bonds
Prenetics Global 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. Prenetics Global 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 Prenetics bonds can be classified according to their maturity, which is the date when Prenetics Global 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 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Prenetics Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Prenetics Global'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 | 0.0639 | |||
| Market Risk Adjusted Performance | (2.52) | |||
| Mean Deviation | 2.92 | |||
| Semi Deviation | 2.81 | |||
| Downside Deviation | 3.07 | |||
| Coefficient Of Variation | 1274.51 | |||
| Standard Deviation | 4.21 | |||
| Variance | 17.71 | |||
| Information Ratio | 0.0758 | |||
| Jensen Alpha | 0.3203 | |||
| Total Risk Alpha | 0.3136 | |||
| Sortino Ratio | 0.104 | |||
| Treynor Ratio | (2.53) | |||
| Maximum Drawdown | 23.14 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 8.69 | |||
| Downside Variance | 9.42 | |||
| Semi Variance | 7.9 | |||
| Expected Short fall | (4.19) | |||
| Skewness | 1.33 | |||
| Kurtosis | 3.08 |
| Risk Adjusted Performance | 0.0639 | |||
| Market Risk Adjusted Performance | (2.52) | |||
| Mean Deviation | 2.92 | |||
| Semi Deviation | 2.81 | |||
| Downside Deviation | 3.07 | |||
| Coefficient Of Variation | 1274.51 | |||
| Standard Deviation | 4.21 | |||
| Variance | 17.71 | |||
| Information Ratio | 0.0758 | |||
| Jensen Alpha | 0.3203 | |||
| Total Risk Alpha | 0.3136 | |||
| Sortino Ratio | 0.104 | |||
| Treynor Ratio | (2.53) | |||
| Maximum Drawdown | 23.14 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 8.69 | |||
| Downside Variance | 9.42 | |||
| Semi Variance | 7.9 | |||
| Expected Short fall | (4.19) | |||
| Skewness | 1.33 | |||
| Kurtosis | 3.08 |
Consider Prenetics Global's intraday indicators
Prenetics Global 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 Prenetics Global 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.
Prenetics Global Corporate Filings
6K | 13th 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 | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 7th of November 2024 Other Reports | ViewVerify | |
| 1st of May 2024 Other Reports | ViewVerify |
Prenetics Stock media impact
Far too much social signal, news, headlines, and media speculation about Prenetics Global that are available to investors today. That information is available publicly through Prenetics media outlets and privately through word of mouth or via Prenetics internal channels. However, regardless of the origin, that massive amount of Prenetics 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 Prenetics Global 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 Prenetics Global 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 Prenetics Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Prenetics Global alpha.
Prenetics Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Prenetics Global 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.
Prenetics Global Corporate Management
| Senthil MD | Chief Officer | Profile | |
| Yvonne Wong | Chief Officer | Profile | |
| Avrom Lasarow | Chief EMEA | Profile | |
| Yung DPHIL | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prenetics Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Reinsurance 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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.73) | Revenue Per Share | Quarterly Revenue Growth 0.599 | Return On Assets | Return On Equity |
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.