Carerx Corp Stock Analysis
| CRRX Stock | CAD 1.89 0.01 0.53% |
CareRx Corp is overvalued with Real Value of 1.63 and Hype Value of 1.9. The main objective of CareRx Corp stock analysis is to determine its intrinsic value, which is an estimate of what CareRx Corp is worth, separate from its market price. There are two main types of CareRx Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect CareRx Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of CareRx Corp's stock to identify patterns and trends that may indicate its future price movements.
The CareRx Corp stock is traded in Canada on Toronto 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 Canada. CareRx Corp is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. CareRx Stock trading window is adjusted to America/Toronto timezone.
CareRx |
CareRx Stock Analysis Notes
About 50.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. CareRx Corp recorded a loss per share of 0.1. The entity last dividend was issued on the 25th of June 2020. The firm had 1:20 split on the 25th of June 2020. CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada. CARERX CORPORATION operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 1378 people. For more info on CareRx Corp please contact David Murphy at 416 927 8400 or go to https://www.carerx.ca.CareRx Corp Investment Alerts
| CareRx Corp may become a speculative penny stock | |
| CareRx Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 370.75 M. Net Loss for the year was (5.41 M) with profit before overhead, payroll, taxes, and interest of 109.93 M. | |
| Latest headline from news.google.com: CareRx Corp Q3 2024 Earnings Call Highlights Navigating Growth Amid Revenue Challenges - Yahoo Finance UK |
CareRx Largest EPS Surprises
Earnings surprises can significantly impact CareRx Corp'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 | |||
|---|---|---|---|---|---|---|---|
2024-05-10 | 2024-03-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2022-05-11 | 2022-03-31 | -0.05 | -0.06 | -0.01 | 20 | ||
2023-05-10 | 2023-03-31 | -0.06 | -0.04 | 0.02 | 33 |
CareRx Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 119.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CareRx Corp's market, we take the total number of its shares issued and multiply it by CareRx Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.CareRx Profitablity
CareRx Corp's profitability indicators refer to fundamental financial ratios that showcase CareRx Corp's ability to generate income relative to its revenue or operating costs. If, let's say, CareRx Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, CareRx Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of CareRx Corp's profitability requires more research than a typical breakdown of CareRx Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.02) %, 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 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.07) | (0.07) |
Management Efficiency
CareRx Corp has return on total asset (ROA) of 0.0218 % which means that it generated a profit of $0.0218 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.075) %, meaning that it generated substantial loss on money invested by shareholders. CareRx Corp's management efficiency ratios could be used to measure how well CareRx Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.03. As of the 29th of November 2024, Debt To Assets is likely to grow to 0.41, while Total Assets are likely to drop about 178.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.42 | 1.35 | |
| Tangible Book Value Per Share | (0.57) | (0.60) | |
| Enterprise Value Over EBITDA | 7.43 | 7.80 | |
| Price Book Value Ratio | 1.13 | 1.08 | |
| Enterprise Value Multiple | 7.43 | 7.80 | |
| Price Fair Value | 1.13 | 1.08 | |
| Enterprise Value | 174 M | 182.7 M |
Leadership effectiveness at CareRx Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.028 | Profit Margin (0.02) | Beta 0.93 | Return On Assets 0.0218 | Return On Equity (0.07) |
Technical Drivers
As of the 29th of November, CareRx Corp shows the Standard Deviation of 2.51, risk adjusted performance of (0.01), and Mean Deviation of 1.63. CareRx Corp 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.CareRx Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CareRx Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CareRx Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
CareRx Corp Outstanding Bonds
CareRx Corp 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. CareRx Corp 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 CareRx bonds can be classified according to their maturity, which is the date when CareRx Corp 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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CareRx Corp Predictive Daily Indicators
CareRx Corp 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 CareRx Corp 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 | 398.88 | |||
| Daily Balance Of Power | 0.125 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.89 | |||
| Day Typical Price | 1.89 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
CareRx Corp Forecast Models
CareRx Corp's time-series forecasting models are one of many CareRx Corp'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 CareRx Corp'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 CareRx Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how CareRx Corp 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 CareRx 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 CareRx Corp. By using and applying CareRx Stock analysis, traders can create a robust methodology for identifying CareRx entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.03) | (0.03) | |
| Operating Profit Margin | 0.01 | 0.02 | |
| Net Loss | (0.01) | (0.02) | |
| Gross Profit Margin | 0.23 | 0.39 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding CareRx Corp to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in CareRx Stock
CareRx Corp financial ratios help investors to determine whether CareRx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareRx with respect to the benefits of owning CareRx Corp security.