Im Cannabis Corp Stock Analysis

IMCC Stock  USD 3.08  0.91  22.81%   
Im Cannabis Corp is fairly valued with Real Value of 2.99 and Target Price of 3.45. The main objective of Im Cannabis stock analysis is to determine its intrinsic value, which is an estimate of what Im Cannabis Corp is worth, separate from its market price. There are two main types of Im Cannabis' stock analysis: fundamental analysis and technical analysis.
The Im Cannabis 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Im Cannabis' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Im Cannabis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

IMCC Stock Analysis Notes

About 47.0% of the company shares are held by company insiders. The book value of Im Cannabis was currently reported as 6.48. The company recorded a loss per share of 4.12. Im Cannabis Corp last dividend was issued on the 18th of June 2018. The entity had 1:6 split on the 12th of July 2024. IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. The company serves medical patients and adult-use recreational consumers. IM Cannabis is traded on NASDAQ Exchange in the United States. To learn more about Im Cannabis Corp call Oren Shuster at 972 5 44331111 or check out https://imcannabis.com.

Im Cannabis Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Im Cannabis' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Im Cannabis Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Im Cannabis Corp is way too risky over 90 days horizon
Im Cannabis Corp appears to be risky and price may revert if volatility continues
Im Cannabis Corp has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 48.8 M. Net Loss for the year was (10.23 M) with profit before overhead, payroll, taxes, and interest of 9.16 M.
Im Cannabis Corp currently holds about 5.86 M in cash with (8.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Im Cannabis Corp has a very weak financial position based on the latest SEC disclosures
Roughly 47.0% of the company shares are held by company insiders
Latest headline from benzinga.com: IM Cannabis 66 percent Revenue Growth In Germany, Narrows EBITDA Loss In Q3

IMCC Largest EPS Surprises

Earnings surprises can significantly impact Im Cannabis' 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
2023-11-13
2023-09-30-0.21-0.160.0523 
2024-03-28
2023-12-31-0.12-0.18-0.0650 
2023-08-14
2023-06-30-0.07-0.26-0.19271 
View All Earnings Estimates

Im Cannabis Environmental, Social, and Governance (ESG) Scores

Im Cannabis' ESG score is a quantitative measure that evaluates Im Cannabis' 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 Im Cannabis' operations that may have significant financial implications and affect Im Cannabis' stock price as well as guide investors towards more socially responsible investments.

IMCC Stock Institutional Investors

Shares
Millennium Management Llc2024-06-30
0.0
Renaissance Technologies Corp2024-09-30
0.0
Morgan Stanley - Brokerage Accounts2024-09-30
0.0
Virtu Financial Llc2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Advisorshares Investments, Llc2024-09-30
103.5 K
Bank Of Montreal2024-09-30
14 K
Bmo Capital Markets Corp.2024-09-30
14 K
Citadel Advisors Llc2024-09-30
14 K
Federation Des Caisses Desjardins Du Quebec2024-09-30
1.9 K
Royal Bank Of Canada2024-09-30
400
Note, although Im Cannabis' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

IMCC Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.58 M.

IMCC Profitablity

The company has Profit Margin (PM) of (0.28) %, 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 (0.2) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.2.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.29)(0.30)
Return On Capital Employed(0.76)(0.80)
Return On Assets(0.19)(0.20)
Return On Equity(0.66)(0.69)

Management Efficiency

Im Cannabis Corp has return on total asset (ROA) of (0.1718) % which means that it has lost $0.1718 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1201) %, meaning that it created substantial loss on money invested by shareholders. Im Cannabis' management efficiency ratios could be used to measure how well Im Cannabis manages its routine affairs as well as how well it operates its assets and liabilities. As of December 3, 2024, Return On Tangible Assets is expected to decline to -0.3. In addition to that, Return On Capital Employed is expected to decline to -0.8. At present, Im Cannabis' Other Current Assets 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 25.5 M, whereas Total Assets are forecasted to decline to about 28 M.
Last ReportedProjected for Next Year
Book Value Per Share 1.07  1.02 
Tangible Book Value Per Share(0.17)(0.16)
Enterprise Value Over EBITDA(16.97)(17.82)
Price Book Value Ratio 2.45  2.32 
Enterprise Value Multiple(16.97)(17.82)
Price Fair Value 2.45  2.32 
Enterprise Value149.2 M207.8 M
Im Cannabis showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Operating Margin
(0.20)
Profit Margin
(0.28)
Beta
1.677
Return On Assets
(0.17)
Return On Equity
(1.12)

Technical Drivers

As of the 3rd of December, Im Cannabis owns the Standard Deviation of 8.4, market risk adjusted performance of (0.71), and Semi Deviation of 5.32. Im Cannabis Corp technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.

Im Cannabis Corp Price Movement Analysis

Execute Study
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Im Cannabis 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 Im Cannabis Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Im Cannabis Outstanding Bonds

Im Cannabis 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. Im Cannabis 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 IMCC bonds can be classified according to their maturity, which is the date when Im Cannabis 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.

Im Cannabis Predictive Daily Indicators

Im Cannabis 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 Im Cannabis 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.

Im Cannabis Corporate Filings

20th of November 2024
Other Reports
ViewVerify
6K
14th of November 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
6K
6th of November 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
6K
5th of November 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
6K
4th of October 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
6K
2nd of October 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
19th of September 2024
Other Reports
ViewVerify
6K
11th of September 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

Im Cannabis Forecast Models

Im Cannabis' time-series forecasting models are one of many Im Cannabis' 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 Im Cannabis' 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 IMCC Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Im Cannabis 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 IMCC 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 Im Cannabis. By using and applying IMCC Stock analysis, traders can create a robust methodology for identifying IMCC entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.19)(0.20)
Operating Profit Margin(0.25)(0.26)
Net Loss(0.19)(0.20)
Gross Profit Margin 0.20  0.19 

Current IMCC Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. IMCC 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. IMCC 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 PriceAdvice# of Analysts
3.45Hold1Odds
Im Cannabis Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most IMCC 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 IMCC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Im Cannabis Corp, talking to its executives and customers, or listening to IMCC conference calls.
IMCC Analyst Advice Details

IMCC Stock Analysis Indicators

Im Cannabis Corp stock analysis indicators help investors evaluate how Im Cannabis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Im Cannabis shares will generate the highest return on investment. By understating and applying Im Cannabis stock analysis, traders can identify Im Cannabis position entry and exit signals to maximize returns.
Begin Period Cash Flow2.4 M
Total Stockholder Equity14.5 M
Capital Lease Obligations1.3 M
Property Plant And Equipment Net6.4 M
Cash And Short Term Investments1.8 M
Net Invested Capital27 M
Cash1.8 M
50 Day M A2.3357
Net Interest Income3.8 M
Total Current Liabilities32.8 M
Forward Price Earnings16.3132
Investments-1.1 M
Interest Expense3.7 M
Stock Based Compensation225 K
Long Term Debt394 K
Common Stock Shares Outstanding2.1 M
Tax Provision-1.2 M
Free Cash Flow-8.7 M
Other Current Assets1.1 M
Accounts Payable9.2 M
Net Debt12 M
DepreciationM
Other Operating Expenses61.6 M
Non Current Assets Total24.5 M
Liabilities And Stockholders Equity48.8 M
Home CategoryDomestic
Non Currrent Assets Other5.8 M

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