Journey Medical Corp Stock Today
| DERM Stock | USD 3.54 0.06 1.72% |
Performance0 of 100
| Odds Of DistressLess than 27
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Journey Medical is selling at 3.54 as of the 24th of April 2024; that is 1.72 percent increase since the beginning of the trading day. The stock's lowest day price was 3.41. Journey Medical has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Journey Medical Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 12th of November 2021 | Category Healthcare | Classification Health Care |
Journey Medical Corporation focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States. Journey Medical Corporation was incorporated in 2014 and is headquartered in Scottsdale, Arizona. The company has 13.93 M outstanding shares of which 148.09 K shares are currently shorted by private and institutional investors with about 0.86 trading days to cover. More on Journey Medical Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 27th of May 2024
Journey Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Journey Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Journey Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | William Young | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Biotechnology, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Journey Medical report their recommendations after researching Journey Medical's financial statements, talking to executives and customers, or listening in on Journey Medical's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Journey Medical Corp. The Journey consensus assessment is calculated by taking the average forecast from all of the analysts covering Journey Medical. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Journey Medical's profitability, liquidity, and operating efficiency, Journey Medical Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in May. Financial strength of Journey Medical Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Journey Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Journey Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Journey Medical's financial leverage. It provides some insight into what part of Journey Medical's total assets is financed by creditors.
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Journey Medical Corp (DERM) is traded on NASDAQ Exchange in USA. It is located in 9237 East Via de Ventura Boulevard, Scottsdale, AZ, United States, 85258 and employs 41 people. Journey Medical is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 70.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Journey Medical's market, we take the total number of its shares issued and multiply it by Journey Medical'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. Journey Medical Corp conducts business under Biotechnology sector and is part of Health Care industry. The entity has 13.93 M outstanding shares of which 148.09 K shares are currently shorted by private and institutional investors with about 0.86 trading days to cover.
Journey Medical Corp currently holds about 38.14 M in cash with 5.24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17.
Check Journey Medical Probability Of Bankruptcy
Ownership AllocationJourney Medical secures a total of 13.93 Million outstanding shares. Journey Medical secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Journey Ownership Details
Journey Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Journey Medical jumping above the current price in 90 days from now is about 81.68%. The Journey Medical Corp probability density function shows the probability of Journey Medical stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Journey Medical Corp has a beta of -0.1367 suggesting as returns on the benchmark increase, returns on holding Journey Medical are expected to decrease at a much lower rate. During a bear market, however, Journey Medical Corp is likely to outperform the market. Additionally, journey Medical Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Journey Medical to move above the current price in 90 days from now is about 81.68 (This Journey Medical Corp probability density function shows the probability of Journey Stock to fall within a particular range of prices over 90 days) .
Journey Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Journey Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Journey Medical's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Journey Medical's value.| Instituion | Recorded On | Shares | |
| Acadian Asset Management Llc | 2023-12-31 | 28.3 K | |
| Jane Street Group, Llc | 2023-12-31 | 27.7 K | |
| Virtu Financial Llc | 2023-12-31 | 26.6 K | |
| State Street Corporation | 2023-12-31 | 25.6 K | |
| Cubist Systematic Strategies, Llc | 2023-12-31 | 23.4 K | |
| Brighton Jones Llc | 2023-12-31 | 23 K | |
| Xtx Topco Ltd | 2023-12-31 | 22.7 K | |
| Walleye Trading Advisors, Llc | 2023-12-31 | 22.2 K | |
| Man Group Plc | 2023-12-31 | 18.3 K | |
| Tang Capital Management Llc | 2023-09-30 | 576.1 K | |
| Renaissance Technologies Corp | 2023-12-31 | 261 K |
Journey Medical Historical Income Statement
Journey Medical Corp Income Statement is one of the three primary financial statements used for reporting Journey's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Journey Medical Corp revenue and expense. Journey Medical Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Journey Medical's Total Operating Expenses is very stable compared to the past year. As of the 24th of April 2024, Interest Income is likely to grow to about 271.9 K, while Total Revenue is likely to drop about 41.7 M. View More FundamentalsJourney Stock Against Markets
Picking the right benchmark for Journey Medical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Journey Medical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Journey Medical is critical whether you are bullish or bearish towards Journey Medical Corp at a given time. Please also check how Journey Medical's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Journey Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Journey Medical Corporate Directors
Journey Medical corporate directors refer to members of a Journey Medical board of directors. The board of directors generally takes responsibility for the Journey Medical's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Journey Medical's board members must vote for the resolution. The Journey Medical board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Cohen | Independent Director | Profile | |
| Mark McDade | Director | Profile | |
| Eugene Bauer | Founder, Chief Medical Officer, Director | Profile | |
| Jake Nunn | Independent Director | Profile |
How to buy Journey Stock?
Before investing in Journey Medical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Journey Medical. To buy Journey Medical stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Journey Medical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Journey Medical stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Journey Medical Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Journey Medical Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Journey Medical Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Journey Stock please use our How to Invest in Journey Medical guide.
Already Invested in Journey Medical Corp?
The danger of trading Journey Medical Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Journey Medical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Journey Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Journey Medical Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Journey Medical Corp is a strong investment it is important to analyze Journey Medical's 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 Journey Medical's future performance. For an informed investment choice regarding Journey Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Journey Stock analysis
When running Journey Medical's price analysis, check to measure Journey Medical'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 Journey Medical is operating at the current time. Most of Journey Medical's value examination focuses on studying past and present price action to predict the probability of Journey Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Journey Medical's price. Additionally, you may evaluate how the addition of Journey Medical to your portfolios can decrease your overall portfolio volatility.
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Is Journey Medical'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 Journey Medical. If investors know Journey 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 Journey Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 4.343 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0074 | Return On Equity (0.21) |
The market value of Journey Medical Corp is measured differently than its book value, which is the value of Journey that is recorded on the company's balance sheet. Investors also form their own opinion of Journey Medical's value that differs from its market value or its book value, called intrinsic value, which is Journey Medical'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 Journey Medical's market value can be influenced by many factors that don't directly affect Journey Medical'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 Journey Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Journey Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Journey Medical'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.