Ncs Multistage Holdings Stock Buy Hold or Sell Recommendation
| NCSM Stock | USD 16.40 0.05 0.31% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding NCS Multistage Holdings is 'Hold'. Macroaxis provides NCS Multistage buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NCSM positions. The advice algorithm takes into account all of NCS Multistage's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NCS Multistage's buy or sell advice are summarized below:
Real Value 26.23 | Target Price 56.08 | Hype Value 16.33 | Market Value 16.4 | Naive Value 16.24 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NCS Multistage Holdings given historical horizon and risk tolerance towards NCS Multistage. When Macroaxis issues a 'buy' or 'sell' recommendation for NCS Multistage Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
NCS |
Execute NCS Multistage Buy or Sell Advice
The NCS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NCS Multistage Holdings. Macroaxis does not own or have any residual interests in NCS Multistage Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NCS Multistage's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NCS Multistage Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 142.47 M. Net Loss for the year was (3.15 M) with profit before overhead, payroll, taxes, and interest of 60.4 M. | |
| NCS Multistage has a poor financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: NCS Multistage Holdings, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call |
NCS Multistage Returns Distribution Density
The distribution of NCS Multistage's historical returns is an attempt to chart the uncertainty of NCS Multistage's future price movements. The chart of the probability distribution of NCS Multistage daily returns describes the distribution of returns around its average expected value. We use NCS Multistage Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NCS Multistage returns is essential to provide solid investment advice for NCS Multistage.
| Mean Return | 0.18 | Value At Risk | -3.72 | Potential Upside | 3.49 | Standard Deviation | 2.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NCS Multistage 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.
NCS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NCS Multistage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NCS Multistage Holdings backward and forwards among themselves. NCS Multistage's institutional investor refers to the entity that pools money to purchase NCS Multistage'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 | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 681 | Wells Fargo & Co | 2023-12-31 | 5.0 | Ubs Group Ag | 2023-12-31 | 3.0 | Coppell Advisory Solutions Llc | 2023-12-31 | 2.0 | Jpmorgan Chase & Co | 2023-12-31 | 1.0 | Advent International Lp | 2023-12-31 | 1.5 M | Tocqueville Asset Management L.p. | 2023-12-31 | 131.5 K | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 70.5 K | Bridgeway Capital Management, Llc | 2023-12-31 | 26.8 K | Empowered Funds, Llc | 2023-12-31 | 15.7 K | Vanguard Group Inc | 2023-12-31 | 12.4 K |
NCS Multistage Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (7.6M) | 3.2M | (939K) | (7.7M) | (5.8M) | (5.5M) | |
| Change In Cash | (13.9M) | 4.3M | 6.6M | (5.9M) | 486.0K | 510.3K | |
| Net Borrowings | (15.9M) | (12.1M) | (1.3M) | (2.4M) | (2.7M) | (2.8M) | |
| Free Cash Flow | 11.6M | 33.0M | 10.8M | (2.6M) | 2.6M | 2.5M | |
| Depreciation | 10.4M | 5.9M | 4.5M | 4.3M | 4.6M | 4.4M | |
| Other Non Cash Items | 9.3M | 49.1M | 1.8M | 3.1M | 2.4M | 2.3M | |
| Capital Expenditures | 6.4M | 2.2M | 833K | 1.1M | 2.2M | 3.2M | |
| Net Income | (22.8M) | (39.1M) | (3.8M) | (952K) | (3.2M) | (3.3M) | |
| End Period Cash Flow | 11.2M | 15.5M | 22.2M | 16.2M | 16.7M | 15.0M | |
| Change To Netincome | 33.6M | 53.8M | 8.2M | 8.6M | 9.9M | 9.4M | |
| Investments | (5.0M) | (1.1M) | (444K) | (698K) | (1.7M) | (1.8M) | |
| Change Receivables | 4.7M | 19.3M | (2.6M) | (4.9M) | (5.6M) | (5.3M) |
NCS Multistage 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 NCS Multistage or Energy Equipment & Services 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 NCS Multistage'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 NCS 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 | 0.14 | |
β | Beta against NYSE Composite | 0.46 | |
σ | Overall volatility | 2.32 | |
Ir | Information ratio | 0.05 |
NCS Multistage Volatility Alert
NCS Multistage Holdings currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.14. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NCS Multistage'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 NCS Multistage'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.NCS Multistage Fundamentals Vs Peers
Comparing NCS Multistage'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 NCS Multistage's direct or indirect competition across all of the common fundamentals between NCS Multistage and the related equities. This way, we can detect undervalued stocks with similar characteristics as NCS Multistage or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NCS Multistage's fundamental indicators could also be used in its relative valuation, which is a method of valuing NCS Multistage by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NCS Multistage to competition |
| Fundamentals | NCS Multistage | Peer Average |
| Return On Equity | -0.0285 | -0.31 |
| Return On Asset | -0.0186 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 55.33 M | 16.62 B |
| Shares Outstanding | 2.49 M | 571.82 M |
| Shares Owned By Insiders | 9.70 % | 10.09 % |
| Shares Owned By Institutions | 70.75 % | 39.21 % |
| Number Of Shares Shorted | 890 | 4.71 M |
| Price To Earning | 29.73 X | 28.72 X |
| Price To Book | 0.45 X | 9.51 X |
| Price To Sales | 0.29 X | 11.42 X |
| Revenue | 142.47 M | 9.43 B |
| Gross Profit | 60.4 M | 27.38 B |
| EBITDA | (915 K) | 3.9 B |
| Net Income | (3.15 M) | 570.98 M |
| Cash And Equivalents | 14.93 M | 2.7 B |
| Cash Per Share | 6.20 X | 5.01 X |
| Total Debt | 13.51 M | 5.32 B |
| Debt To Equity | 0.13 % | 48.70 % |
| Current Ratio | 4.67 X | 2.16 X |
| Book Value Per Share | 37.49 X | 1.93 K |
| Cash Flow From Operations | 4.77 M | 971.22 M |
| Short Ratio | 0.23 X | 4.00 X |
| Earnings Per Share | (1.27) X | 3.12 X |
| Target Price | 56.08 | |
| Number Of Employees | 241 | 18.84 K |
| Beta | 1.48 | -0.15 |
| Market Capitalization | 40.76 M | 19.03 B |
| Total Asset | 152.03 M | 29.47 B |
| Retained Earnings | (265.62 M) | 9.33 B |
| Working Capital | 71.16 M | 1.48 B |
| Current Asset | 64.54 M | 9.34 B |
Note: Disposition of 5374 shares by Dewayne Williams of NCS Multistage subject to Rule 16b-3 [view details]
NCS Multistage Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NCS . 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 NCS Multistage Buy or Sell Advice
When is the right time to buy or sell NCS Multistage Holdings? Buying financial instruments such as NCS 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 Total | 13.2M | 12.9M | 13.5M | 25.9M | Total Assets | 142.3M | 138.6M | 152.0M | 189.1M |
Use Investing Ideas to Build Portfolios
In addition to having NCS Multistage 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 Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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Check out NCS Multistage 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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for NCS Stock analysis
When running NCS Multistage's price analysis, check to measure NCS Multistage'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 NCS Multistage is operating at the current time. Most of NCS Multistage's value examination focuses on studying past and present price action to predict the probability of NCS Multistage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCS Multistage's price. Additionally, you may evaluate how the addition of NCS Multistage to your portfolios can decrease your overall portfolio volatility.
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Is NCS Multistage'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 NCS Multistage. If investors know NCS 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 NCS Multistage 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 18.475 | Earnings Share (1.27) | Revenue Per Share 57.611 | Quarterly Revenue Growth (0.12) | Return On Assets (0.02) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage'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 NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage'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 NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage'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.