Inogen Inc Stock Buy Hold or Sell Recommendation

INGN Stock  USD 8.07  0.10  1.25%   
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Inogen Inc is 'Strong Sell'. Macroaxis provides Inogen buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Inogen positions. The advice algorithm takes into account all of Inogen's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Inogen's buy or sell advice are summarized below:
Real Value
7.24
Target Price
8
Hype Value
7.36
Market Value
8.07
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Inogen Inc given historical horizon and risk tolerance towards Inogen. When Macroaxis issues a 'buy' or 'sell' recommendation for Inogen Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Inogen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Inogen and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Inogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Execute Inogen Buy or Sell Advice

The Inogen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Inogen Inc. Macroaxis does not own or have any residual interests in Inogen Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Inogen's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell InogenBuy Inogen
Strong Sell

Market Performance

OKDetails

Volatility

Relatively riskyDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Inogen Inc has a Mean Deviation of 4.44, Semi Deviation of 6.79, Standard Deviation of 6.82, Variance of 46.54, Downside Variance of 56.76 and Semi Variance of 46.08
We provide advice to complement the regular expert consensus on Inogen. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Inogen Inc is not overpriced, please check out all Inogen fundamentals, including its book value per share, retained earnings, and the relationship between the cash and equivalents and target price . Given that Inogen Inc has a price to earning of 61.63 X, we strongly advise you to confirm Inogen Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Inogen Trading Alerts and Improvement Suggestions

Inogen Inc is way too risky over 90 days horizon
Inogen Inc appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 315.66 M. Net Loss for the year was (102.45 M) with profit before overhead, payroll, taxes, and interest of 153.53 M.
Inogen Inc currently holds about 223.62 M in cash with (3.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Inogen Inc has a strong financial position based on the latest SEC filings
Over 93.0% of the company shares are owned by institutional investors
Latest headline from businesswire.com: Inogen To Present at 23rd Annual Needham Virtual Healthcare Conference

Inogen Returns Distribution Density

The distribution of Inogen's historical returns is an attempt to chart the uncertainty of Inogen's future price movements. The chart of the probability distribution of Inogen daily returns describes the distribution of returns around its average expected value. We use Inogen Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Inogen returns is essential to provide solid investment advice for Inogen.
Mean Return
0.68
Value At Risk
-8.27
Potential Upside
10.88
Standard Deviation
6.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Inogen historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Inogen Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Inogen is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inogen Inc backward and forwards among themselves. Inogen's institutional investor refers to the entity that pools money to purchase Inogen's securities or originates 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
New York State Common Retirement Fund2023-12-31
506.7 K
Geode Capital Management, Llc2023-12-31
502.2 K
Aqr Capital Management Llc2023-12-31
494.9 K
State Street Corporation2023-12-31
483.2 K
Kent Lake Capital Llc2023-12-31
455.5 K
Susquehanna International Group, Llp2023-12-31
422.1 K
Acadian Asset Management Llc2023-12-31
419.6 K
Jacobs Levy Equity Management, Inc.2023-09-30
399.3 K
Dimensional Fund Advisors, Inc.2023-12-31
380.2 K
Blackrock Inc2023-12-31
2.2 M
Camber Capital Management Llc2023-12-31
M
Note, although Inogen's 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.

Inogen Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(10.3M)7.6M(10.8M)(5.6M)7.9M8.3M
Change In Cash1.4M13.9M23.6M(48.5M)(61.5M)(58.4M)
Free Cash Flow34.1M19.4M(434K)(58.8M)(30.2M)(28.7M)
Depreciation13.8M18.6M21.6M23.5M18.2M14.9M
Other Non Cash Items21.7M16.2M3.0M55.2M59.6M62.6M
Capital Expenditures6.5M17.6M24.1M21.2M27.0M16.6M
Net Income21.0M(5.8M)(6.3M)(83.8M)(102.4M)(97.3M)
End Period Cash Flow198.0M212.0M235.5M187.0M125.5M130.8M
Change To Netincome15.9M12.9M15.8M51.3M59.0M62.0M
Investments32.7M(8.2M)9.3M(10.9M)(70.4M)(66.9M)
Change Receivables(16.7M)(8.2M)(6.1M)(51.3M)(46.2M)(43.9M)

Inogen Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Inogen or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Inogen's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Inogen stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.58
β
Beta against NYSE Composite0.74
σ
Overall volatility
7.06
Ir
Information ratio 0.08

Inogen Volatility Alert

Inogen Inc is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Inogen's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Inogen's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Inogen Fundamentals Vs Peers

Comparing Inogen's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Inogen's direct or indirect competition across all of the common fundamentals between Inogen and the related equities. This way, we can detect undervalued stocks with similar characteristics as Inogen or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Inogen's fundamental indicators could also be used in its relative valuation, which is a method of valuing Inogen by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Inogen to competition
FundamentalsInogenPeer Average
Return On Equity-0.41-0.31
Return On Asset-0.11-0.14
Profit Margin(0.32) %(1.27) %
Operating Margin(0.29) %(5.51) %
Current Valuation74 M16.62 B
Shares Outstanding23.33 M571.82 M
Shares Owned By Insiders0.91 %10.09 %
Shares Owned By Institutions93.48 %39.21 %
Number Of Shares Shorted1.87 M4.71 M
Price To Earning61.63 X28.72 X
Price To Book0.88 X9.51 X
Price To Sales0.57 X11.42 X
Revenue315.66 M9.43 B
Gross Profit153.53 M27.38 B
EBITDA(46.23 M)3.9 B
Net Income(102.45 M)570.98 M
Cash And Equivalents223.62 M2.7 B
Cash Per Share9.78 X5.01 X
Total Debt21.92 M5.32 B
Debt To Equity0.07 %48.70 %
Current Ratio5.32 X2.16 X
Book Value Per Share8.78 X1.93 K
Cash Flow From Operations(3.23 M)971.22 M
Short Ratio2.13 X4.00 X
Earnings Per Share(4.42) X3.12 X
Price To Earnings To Growth3.48 X4.89 X
Target Price6.5
Number Of Employees83418.84 K
Beta1.03-0.15
Market Capitalization180.55 M19.03 B
Total Asset326.19 M29.47 B
Retained Earnings(116.95 M)9.33 B
Working Capital134.57 M1.48 B
Note: Insider Trading [view details]

Inogen Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Inogen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Inogen Buy or Sell Advice

When is the right time to buy or sell Inogen Inc? Buying financial instruments such as Inogen Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total26.7M23.3M21.9M13.1M
Total Assets489.5M405.0M326.2M292.0M

Use Investing Ideas to Build Portfolios

In addition to having Inogen 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 Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 15 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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When determining whether Inogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inogen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Inogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inogen Inc Stock:
Check out Inogen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Inogen Inc information on this page should be used as a complementary analysis to other Inogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Inogen's price analysis, check to measure Inogen'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 Inogen is operating at the current time. Most of Inogen's value examination focuses on studying past and present price action to predict the probability of Inogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inogen's price. Additionally, you may evaluate how the addition of Inogen to your portfolios can decrease your overall portfolio volatility.
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Is Inogen's industry 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 Inogen. If investors know Inogen 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 Inogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.873
Earnings Share
(4.42)
Revenue Per Share
13.62
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.11)
The market value of Inogen Inc is measured differently than its book value, which is the value of Inogen that is recorded on the company's balance sheet. Investors also form their own opinion of Inogen's value that differs from its market value or its book value, called intrinsic value, which is Inogen's 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 Inogen's market value can be influenced by many factors that don't directly affect Inogen's 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 Inogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inogen's 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.