Is Pro Dex Stock a Good Investment?
Pro Dex Investment Advice | PDEX |
- Examine Pro Dex'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 Pro Dex's leadership team and their track record. Good management can help Pro Dex 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 Pro Dex's business and its evolving consumer preferences.
- Compare Pro Dex's performance and market position to its competitors. Analyze how Pro Dex is positioned in terms of product offerings, innovation, and market share.
- Check if Pro Dex pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Pro Dex'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 Pro Dex 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 Pro Dex is a good investment.
Sell | Buy |
Sell
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Pro Dex Stock
Researching Pro Dex'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 36.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Pro Dex had 1:3 split on the 18th of June 2010.
To determine if Pro Dex 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 Pro Dex's research are outlined below:
| Pro Dex is way too risky over 90 days horizon | |
| Pro Dex appears to be risky and price may revert if volatility continues | |
| Pro Dex has a strong financial position based on the latest SEC filings | |
| About 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Disposition of 5800 shares by Domingo Angelita Rebamontan of Pro Dex subject to Rule 16b-3 |
Pro Dex 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 Pro Dex. 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 Pro Dex'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.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Pro Dex'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 Pro Dex's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-02-09 | 2016-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2022-02-03 | 2021-12-31 | 0.28 | 0.25 | -0.03 | 10 | ||
1998-01-22 | 1997-12-31 | 0.15 | 0.12 | -0.03 | 20 | ||
1997-10-21 | 1997-09-30 | 0.09 | 0.12 | 0.03 | 33 | ||
1996-05-02 | 1996-03-31 | 0.12 | 0.15 | 0.03 | 25 | ||
2022-11-03 | 2022-09-30 | 0.33 | 0.29 | -0.04 | 12 | ||
2019-05-09 | 2019-03-31 | 0.13 | 0.17 | 0.04 | 30 | ||
2023-02-02 | 2022-12-31 | 0.29 | 0.24 | -0.05 | 17 |
Know Pro Dex's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Pro Dex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pro Dex backward and forwards among themselves. Pro Dex's institutional investor refers to the entity that pools money to purchase Pro Dex'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 | Advisor Group Holdings, Inc. | 2024-06-30 | 11.5 K | State Street Corp | 2024-06-30 | 10.6 K | Perritt Capital Management Inc. | 2024-09-30 | 6 K | Fmr Inc | 2024-09-30 | 4 K | Ubs Group Ag | 2024-06-30 | 3.6 K | Global Retirement Partners, Llc. | 2024-09-30 | 1000 | Tower Research Capital Llc | 2024-06-30 | 543 | Goss Wealth Management Llc | 2024-06-30 | 416 | Northwestern Mutual Wealth Management Co | 2024-06-30 | 263 | Vanguard Group Inc | 2024-09-30 | 121.1 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 68 K |
Pro Dex's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 166.23 M.Market Cap |
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Pro Dex's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.18 | 0.19 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Determining Pro Dex's profitability involves analyzing its financial statements and using various financial metrics to determine if Pro Dex is a good buy. For example, gross profit margin measures Pro Dex'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 Pro Dex's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Pro Dex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pro Dex. Check Pro Dex's Beneish M Score to see the likelihood of Pro Dex's management manipulating its earnings.
Evaluate Pro Dex's management efficiency
Pro Dex has return on total asset (ROA) of 0.1005 % which means that it generated a profit of $0.1005 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1678 %, meaning that it created $0.1678 on every $100 dollars invested by stockholders. Pro Dex's management efficiency ratios could be used to measure how well Pro Dex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.04 in 2024. Return On Capital Employed is likely to rise to 0.19 in 2024. At this time, Pro Dex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 16.7 M in 2024, whereas Intangible Assets are likely to drop slightly above 51.3 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.82 | 9.26 | |
| Tangible Book Value Per Share | 8.81 | 9.25 | |
| Enterprise Value Over EBITDA | 9.01 | 11.87 | |
| Price Book Value Ratio | 2.08 | 2.32 | |
| Enterprise Value Multiple | 9.01 | 11.87 | |
| Price Fair Value | 2.08 | 2.32 | |
| Enterprise Value | 75.1 M | 78.9 M |
Pro Dex benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 0.393 |
Basic technical analysis of Pro Stock
As of the 30th of November, Pro Dex holds the Coefficient Of Variation of 391.8, semi deviation of 4.37, and Risk Adjusted Performance of 0.2038. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pro Dex, as well as the relationship between them.Pro Dex'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 Pro Dex insiders, such as employees or executives, is commonly permitted as long as it does not rely on Pro Dex'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 Pro Dex 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.
Pro Dex's Outstanding Corporate Bonds
Pro Dex 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. Pro Dex 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 Pro bonds can be classified according to their maturity, which is the date when Pro Dex 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.
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| PRIVATE EXPT FDG Corp BondUS742651DW99 | View |
Understand Pro Dex's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Pro Dex'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 | 0.2038 | |||
| Market Risk Adjusted Performance | 0.9065 | |||
| Mean Deviation | 4.15 | |||
| Semi Deviation | 4.37 | |||
| Downside Deviation | 5.66 | |||
| Coefficient Of Variation | 391.8 | |||
| Standard Deviation | 5.63 | |||
| Variance | 31.71 | |||
| Information Ratio | 0.2308 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 0.4873 | |||
| Sortino Ratio | 0.2297 | |||
| Treynor Ratio | 0.8965 | |||
| Maximum Drawdown | 30.21 | |||
| Value At Risk | (9.00) | |||
| Potential Upside | 10.44 | |||
| Downside Variance | 32.02 | |||
| Semi Variance | 19.11 | |||
| Expected Short fall | (4.63) | |||
| Skewness | 0.1585 | |||
| Kurtosis | 1.17 |
| Risk Adjusted Performance | 0.2038 | |||
| Market Risk Adjusted Performance | 0.9065 | |||
| Mean Deviation | 4.15 | |||
| Semi Deviation | 4.37 | |||
| Downside Deviation | 5.66 | |||
| Coefficient Of Variation | 391.8 | |||
| Standard Deviation | 5.63 | |||
| Variance | 31.71 | |||
| Information Ratio | 0.2308 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 0.4873 | |||
| Sortino Ratio | 0.2297 | |||
| Treynor Ratio | 0.8965 | |||
| Maximum Drawdown | 30.21 | |||
| Value At Risk | (9.00) | |||
| Potential Upside | 10.44 | |||
| Downside Variance | 32.02 | |||
| Semi Variance | 19.11 | |||
| Expected Short fall | (4.63) | |||
| Skewness | 0.1585 | |||
| Kurtosis | 1.17 |
Consider Pro Dex's intraday indicators
Pro Dex 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 Pro Dex 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.
Pro Dex Corporate Filings
8K | 25th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of November 2024 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 | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 8th of October 2024 Other Reports | ViewVerify |
Pro Stock media impact
Far too much social signal, news, headlines, and media speculation about Pro Dex that are available to investors today. That information is available publicly through Pro media outlets and privately through word of mouth or via Pro internal channels. However, regardless of the origin, that massive amount of Pro 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 Pro Dex 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 Pro Dex 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 Pro Dex's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Pro Dex alpha.
Pro Dex Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Pro Dex 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.
Pro Dex Corporate Executives
Elected by the shareholders, the Pro Dex's board of directors comprises two types of representatives: Pro Dex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pro. The board's role is to monitor Pro Dex's management team and ensure that shareholders' interests are well served. Pro Dex'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, Pro Dex's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alisha Charlton | CFO Secretary | Profile |
Additional Tools for Pro Stock Analysis
When running Pro Dex's price analysis, check to measure Pro Dex'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 Pro Dex is operating at the current time. Most of Pro Dex's value examination focuses on studying past and present price action to predict the probability of Pro Dex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pro Dex's price. Additionally, you may evaluate how the addition of Pro Dex to your portfolios can decrease your overall portfolio volatility.