Fred Weinert - Psychemedics Independent Director

PMD Stock  USD 2.66  0.09  3.50%   

Director

Mr. Fred J. Weinert is an Independent Director of Psychemedics Corporationration Mr. Weinert is an entrepreneur whose current activities are concentrated in commercial real estate, new business development and environmental consulting. He has served on the Business Advisory Council for the University of Dayton for over 20 years. From 1973 until 1989, Mr. Weinert held various executive positions in the Finance and Operations groups of Waste Management, Inc. and its subsidiaries, including 6 years as the President of Waste Management International, Inc. As a result of these and other professional experiences, Mr. Weinert possesses particular knowledge and experience in accounting, finance, capital structures, distribution and international operations that strengthen the Boards collective qualifications, skills and experience. Mr. Weinert was a director of the Company since 1991. since 1991.
Age 70
Tenure 33 years
Address 5220 Spring Valley Road, Dallas, TX, United States, 75254
Phone978 206 8220
Webhttps://www.psychemedics.com

Fred Weinert Latest Insider Activity

Tracking and analyzing the buying and selling activities of Fred Weinert against Psychemedics stock is an integral part of due diligence when investing in Psychemedics. Fred Weinert insider activity provides valuable insight into whether Psychemedics is net buyers or sellers over its current business cycle. Note, Psychemedics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Psychemedics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Psychemedics Management Efficiency

The company has Return on Asset of (0.1176) % which means that on every $100 spent on assets, it lost $0.1176. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.4763) %, meaning that it generated no profit with money invested by stockholders. Psychemedics' management efficiency ratios could be used to measure how well Psychemedics manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.3. The current year's Return On Capital Employed is expected to grow to -0.32. At present, Psychemedics' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 663.6 K, whereas Other Assets are forecasted to decline to about 1.2 M.
The company has 2.3 M in debt with debt to equity (D/E) ratio of 0.36, which is OK given its current industry classification. Psychemedics has a current ratio of 2.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Psychemedics until it has trouble settling it off, either with new capital or with free cash flow. So, Psychemedics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Psychemedics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Psychemedics to invest in growth at high rates of return. When we think about Psychemedics' use of debt, we should always consider it together with cash and equity.

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Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts. Psychemedics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 1 people. Psychemedics (PMD) is traded on NASDAQ Exchange in USA. It is located in 5220 Spring Valley Road, Dallas, TX, United States, 75254 and employs 116 people. Psychemedics is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Psychemedics Leadership Team

Elected by the shareholders, the Psychemedics' board of directors comprises two types of representatives: Psychemedics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Psychemedics. The board's role is to monitor Psychemedics' management team and ensure that shareholders' interests are well served. Psychemedics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Psychemedics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Clinton Allen, Independent Director
Charles IV, Ex VP
Harry Connick, Independent Director
James Abely, Vice President General Counsel
Fred Weinert, Independent Director
Werner Baumgartner, Founder
Annette Baumgartner, Founder
Sarah Ashby, VP Counsel
Patrick Kinney, Secretary
Brian Hullinger, CEO President
Walter Tomenson, Independent Director
Charles Doucot, Executive Vice President
Michael Weisenhoff, Principal Manager
Raymond Kubacki, Chairman, CEO and Pres
James Dyke, Corporate VP of Sales and Marketing
Shannon Shoemaker, Chief Officer
Michael Schaffer, VP of Laboratory Operations
Neil Lerner, Vice President - Finance, Treasurer
Daniella Mehalik, Vice Finance

Psychemedics Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Psychemedics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Psychemedics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Psychemedics' short interest history, or implied volatility extrapolated from Psychemedics options trading.

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When determining whether Psychemedics is a strong investment it is important to analyze Psychemedics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Psychemedics' future performance. For an informed investment choice regarding Psychemedics Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Psychemedics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Psychemedics' 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 Psychemedics. If investors know Psychemedics 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 Psychemedics 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
(0.30)
Dividend Share
0.07
Earnings Share
(0.72)
Revenue Per Share
3.85
Quarterly Revenue Growth
(0.12)
The market value of Psychemedics is measured differently than its book value, which is the value of Psychemedics that is recorded on the company's balance sheet. Investors also form their own opinion of Psychemedics' value that differs from its market value or its book value, called intrinsic value, which is Psychemedics' 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 Psychemedics' market value can be influenced by many factors that don't directly affect Psychemedics' 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 Psychemedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Psychemedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Psychemedics' 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.