Accuray Incorporated Stock Analysis
ARAY Stock | USD 2.23 0.12 5.69% |
Accuray Incorporated is undervalued with Real Value of 3.63 and Target Price of 8.3. The main objective of Accuray Incorporated stock analysis is to determine its intrinsic value, which is an estimate of what Accuray Incorporated is worth, separate from its market price. There are two main types of Accuray Incorporated's stock analysis: fundamental analysis and technical analysis.
The Accuray Incorporated stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Accuray Incorporated is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Accuray Stock trading window is adjusted to America/New York timezone.
Accuray |
Accuray Stock Analysis Notes
About 63.0% of the company shares are held by institutions such as insurance companies. The book value of Accuray Incorporated was presently reported as 0.45. The company has Price/Earnings To Growth (PEG) ratio of 0.08. Accuray Incorporated recorded a loss per share of 0.17. The entity had not issued any dividends in recent years. Accuray Incorporated designs, develops, manufactures, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the Americas, Europe, the Middle East, India, Africa, Japan, China, and rest of the Asia Pacific region. Accuray Incorporated was incorporated in 1990 and is headquartered in Sunnyvale, California. Accuray operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 1044 people. For more info on Accuray Incorporated please contact Joshua Levine at 608 824 2800 or go to https://www.accuray.com.Accuray Incorporated Quarterly Total Revenue |
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Accuray Incorporated Investment Alerts
Accuray Incorporated had very high historical volatility over the last 90 days | |
The company reported the previous year's revenue of 446.55 M. Net Loss for the year was (15.54 M) with profit before overhead, payroll, taxes, and interest of 153.96 M. | |
Accuray Incorporated currently holds about 97.84 M in cash with (11.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05. | |
Accuray Incorporated has a frail financial position based on the latest SEC disclosures | |
Roughly 63.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from gurufocus.com: Accuray Stock Surges Over 5 percent Amid Market Activity |
Accuray Incorporated Upcoming and Recent Events
Earnings reports are used by Accuray Incorporated to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
14th of August 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Accuray Largest EPS Surprises
Earnings surprises can significantly impact Accuray Incorporated'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.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2022-01-26 | 2021-12-31 | 0.004 | 0.0019 | -0.0021 | 52 | ||
2024-11-06 | 2024-09-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2023-02-01 | 2022-12-31 | -0.03 | -0.02 | 0.01 | 33 |
Accuray Incorporated Environmental, Social, and Governance (ESG) Scores
Accuray Incorporated's ESG score is a quantitative measure that evaluates Accuray Incorporated's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Accuray Incorporated's operations that may have significant financial implications and affect Accuray Incorporated's stock price as well as guide investors towards more socially responsible investments.
Accuray Stock Institutional Investors
Shares | D. E. Shaw & Co Lp | 2024-09-30 | 1.7 M | Dafna Capital Management Llc | 2024-09-30 | 1.2 M | Kovack Advisors Inc | 2024-09-30 | 1 M | Kent Lake Capital Llc | 2024-06-30 | 1000 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 887.5 K | North Star Investment Management Corp | 2024-09-30 | 871.7 K | Northern Trust Corp | 2024-09-30 | 802.3 K | Kennedy Capital Management Inc | 2024-09-30 | 764.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 740.3 K | Blackrock Inc | 2024-06-30 | 8.2 M | Vanguard Group Inc | 2024-09-30 | 5.3 M |
Accuray Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 224.26 M.Accuray Profitablity
The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.04) | (0.04) | |
Return On Assets | (0.03) | (0.03) | |
Return On Equity | (0.34) | (0.36) |
Management Efficiency
Return On Capital Employed is likely to rise to 0 in 2024, whereas Return On Tangible Assets are likely to drop (0.04) in 2024. At this time, Accuray Incorporated's Other Current Assets are fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 8.99 in 2024, whereas Total Assets are likely to drop slightly above 394.4 M in 2024. Accuray Incorporated's management efficiency ratios could be used to measure how well Accuray Incorporated manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.46 | 0.51 | |
Tangible Book Value Per Share | (0.13) | (0.12) | |
Enterprise Value Over EBITDA | 55.20 | 31.33 | |
Price Book Value Ratio | 3.84 | 1.94 | |
Enterprise Value Multiple | 55.20 | 31.33 | |
Price Fair Value | 3.84 | 1.94 | |
Enterprise Value | 573.9 M | 597.9 M |
Evaluating the management effectiveness of Accuray Incorporated allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Accuray Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Operating Margin 0.0373 | Profit Margin (0.04) | Beta 1.404 | Return On Assets (0) | Return On Equity (0.34) |
Technical Drivers
As of the 1st of December, Accuray Incorporated shows the risk adjusted performance of 0.0256, and Mean Deviation of 3.28. Accuray Incorporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Accuray Incorporated Price Movement Analysis
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Accuray Incorporated 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 Accuray Incorporated insiders, such as employees or executives, is commonly permitted as long as it does not rely on Accuray Incorporated'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 Accuray Incorporated 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.
Accuray Incorporated Outstanding Bonds
Accuray Incorporated 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. Accuray Incorporated 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 Accuray bonds can be classified according to their maturity, which is the date when Accuray Incorporated 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.
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Accuray Incorporated Predictive Daily Indicators
Accuray Incorporated 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 Accuray Incorporated 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.
Accuray Incorporated Corporate Filings
26th of November 2024 Other Reports | ViewVerify | |
8K | 25th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th 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 |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 31st of October 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 |
8K | 21st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 15th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
4th of October 2024 Other Reports | ViewVerify |
Accuray Incorporated Forecast Models
Accuray Incorporated's time-series forecasting models are one of many Accuray Incorporated's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Accuray Incorporated's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Accuray Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Accuray Incorporated prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Accuray shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Accuray Incorporated. By using and applying Accuray Stock analysis, traders can create a robust methodology for identifying Accuray entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.03) | (0.03) | |
Net Loss | (0.03) | (0.04) | |
Gross Profit Margin | 0.32 | 0.43 |
Current Accuray Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Accuray analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Accuray analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
8.3 | Strong Buy | 4 | Odds |
Most Accuray analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Accuray stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Accuray Incorporated, talking to its executives and customers, or listening to Accuray conference calls.
Accuray Stock Analysis Indicators
Accuray Incorporated stock analysis indicators help investors evaluate how Accuray Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Accuray Incorporated shares will generate the highest return on investment. By understating and applying Accuray Incorporated stock analysis, traders can identify Accuray Incorporated position entry and exit signals to maximize returns.
Begin Period Cash Flow | 91.2 M | |
Long Term Debt | 164.4 M | |
Common Stock Shares Outstanding | 98.3 M | |
Total Stockholder Equity | 45.1 M | |
Tax Provision | 3.7 M | |
Quarterly Earnings Growth Y O Y | -0.962 | |
Property Plant And Equipment Net | 58.5 M | |
Cash And Short Term Investments | 68.6 M | |
Cash | 68.6 M | |
Accounts Payable | 50 M | |
Net Debt | 142.2 M | |
50 Day M A | 1.8496 | |
Total Current Liabilities | 195.3 M | |
Other Operating Expenses | 446 M | |
Non Current Assets Total | 145.4 M | |
Forward Price Earnings | 111.1111 | |
Non Currrent Assets Other | 18.6 M | |
Stock Based Compensation | 9.5 M |
Additional Tools for Accuray Stock Analysis
When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.