Procept Biorobotics Price To Sales vs. Shares Owned By Institutions

PRCT Stock  USD 99.45  2.97  3.08%   
Based on Procept Biorobotics' profitability indicators, Procept Biorobotics Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Procept Biorobotics' ability to earn profits and add value for shareholders.

Procept Biorobotics Price To Sales Ratio

13.81

At this time, Procept Biorobotics' Days Sales Outstanding is comparatively stable compared to the past year. Days Of Sales Outstanding is likely to gain to 136.13 in 2024, whereas Price To Sales Ratio is likely to drop 13.81 in 2024. At this time, Procept Biorobotics' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 1.9 M in 2024, whereas Income Before Tax is likely to drop (111.2 M) in 2024.
For Procept Biorobotics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Procept Biorobotics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Procept Biorobotics Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Procept Biorobotics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Procept Biorobotics Corp over time as well as its relative position and ranking within its peers.
  
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Is Health Care Equipment & Supplies 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 Procept Biorobotics. If investors know Procept 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 Procept Biorobotics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.01)
Revenue Per Share
3.894
Quarterly Revenue Growth
0.663
Return On Assets
(0.17)
Return On Equity
(0.37)
The market value of Procept Biorobotics Corp is measured differently than its book value, which is the value of Procept that is recorded on the company's balance sheet. Investors also form their own opinion of Procept Biorobotics' value that differs from its market value or its book value, called intrinsic value, which is Procept Biorobotics' 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 Procept Biorobotics' market value can be influenced by many factors that don't directly affect Procept Biorobotics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Procept Biorobotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Procept Biorobotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procept Biorobotics' 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.

Procept Biorobotics Corp Shares Owned By Institutions vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Procept Biorobotics's current stock value. Our valuation model uses many indicators to compare Procept Biorobotics value to that of its competitors to determine the firm's financial worth.
Procept Biorobotics Corp is considered to be number one stock in price to sales category among its peers. It is rated below average in shares owned by institutions category among its peers producing about  3.22  of Shares Owned By Institutions per Price To Sales. At this time, Procept Biorobotics' Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Procept Biorobotics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Procept Shares Owned By Institutions vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Procept Biorobotics

P/S

 = 

MV Per Share

Revenue Per Share

 = 
26.93 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Procept Biorobotics

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
86.63 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Procept Shares Owned By Institutions Comparison

Procept Biorobotics is currently under evaluation in shares owned by institutions category among its peers.

Procept Biorobotics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Procept Biorobotics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Procept Biorobotics will eventually generate negative long term returns. The profitability progress is the general direction of Procept Biorobotics' change in net profit over the period of time. It can combine multiple indicators of Procept Biorobotics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income84 K88.2 K
Net Interest Income1.8 M1.9 M
Interest Income5.6 M5.8 M
Operating Income-109.2 M-103.7 M
Net Loss-106.6 M-111.9 M
Income Before Tax-105.9 M-111.2 M
Total Other Income Expense Net3.3 M3.4 M
Net Loss-78.4 M-82.4 M
Net Loss-105.9 M-111.2 M
Income Tax Expense3.6 M4.1 M
Non Operating Income Net Other108.9 K96.8 K
Change To Netincome17.7 M18.6 M
Net Loss(2.24)(2.35)
Income Quality 1.02  1.07 
Net Income Per E B T 0.97  0.85 

Procept Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Procept Biorobotics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Procept Biorobotics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Procept Biorobotics' important profitability drivers and their relationship over time.

Use Procept Biorobotics in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Procept Biorobotics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Procept Biorobotics will appreciate offsetting losses from the drop in the long position's value.

Procept Biorobotics Pair Trading

Procept Biorobotics Corp Pair Trading Analysis

The ability to find closely correlated positions to Procept Biorobotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procept Biorobotics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Procept Biorobotics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Procept Biorobotics Corp to buy it.
The correlation of Procept Biorobotics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Procept Biorobotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procept Biorobotics Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Procept Biorobotics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Procept Biorobotics position

In addition to having Procept Biorobotics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Hedge Favorites Thematic Idea Now

Hedge Favorites
Hedge Favorites Theme
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Additional Tools for Procept Stock Analysis

When running Procept Biorobotics' price analysis, check to measure Procept Biorobotics' 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 Procept Biorobotics is operating at the current time. Most of Procept Biorobotics' value examination focuses on studying past and present price action to predict the probability of Procept Biorobotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procept Biorobotics' price. Additionally, you may evaluate how the addition of Procept Biorobotics to your portfolios can decrease your overall portfolio volatility.