Dynatronics Stock Today

DYNT Stock  USD 0.56  0.03  5.08%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 45

 
High
 
Low
Below Average
Dynatronics is selling for under 0.56 as of the 19th of April 2024; that is -5.08% down since the beginning of the trading day. The stock's last reported lowest price was 0.47. Dynatronics has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Dynatronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
25th of April 1994
Category
Healthcare
Classification
Health Care
Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. Dynatronics Corporation was founded in 1979 and is headquartered in Eagan, Minnesota. The company has 4.88 M outstanding shares of which 16.89 K shares are currently shorted by private and institutional investors with about 2.61 trading days to cover. More on Dynatronics

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Dynatronics 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. Dynatronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dynatronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorChristopher Jako
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Drugs, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Dynatronics report their recommendations after researching Dynatronics' financial statements, talking to executives and customers, or listening in on Dynatronics' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dynatronics. The Dynatronics consensus assessment is calculated by taking the average forecast from all of the analysts covering Dynatronics.
Financial Strength
Based on the key indicators related to Dynatronics' liquidity, profitability, solvency, and operating efficiency, Dynatronics is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Dynatronics is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.191.22
Fairly Down
Slightly volatile
Gross Profit Margin0.430.29
Way Up
Slightly volatile
Total Current Liabilities5.3 M9.1 M
Way Down
Slightly volatile
Non Current Liabilities Total3.6 M6.1 M
Way Down
Slightly volatile
Total Assets18.1 M34.6 M
Way Down
Slightly volatile
Total Current Assets10.8 M14.3 M
Way Down
Slightly volatile
Dynatronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dynatronics' 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 Dynatronics' financial leverage. It provides some insight into what part of Dynatronics' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dynatronics' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dynatronics deploys its capital and how much of that capital is borrowed.
Liquidity
Dynatronics cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.65 M in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Dynatronics has a current ratio of 1.89, which is within standard range for the sector. Debt can assist Dynatronics until it has trouble settling it off, either with new capital or with free cash flow. So, Dynatronics' 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 Dynatronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dynatronics to invest in growth at high rates of return. When we think about Dynatronics' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

351,540
Dynatronics (DYNT) is traded on NASDAQ Exchange in USA. It is located in 1200 Trapp Road, Eagan, MN, United States, 55121 and employs 154 people. Dynatronics is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dynatronics's market, we take the total number of its shares issued and multiply it by Dynatronics'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. Dynatronics conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 4.88 M outstanding shares of which 16.89 K shares are currently shorted by private and institutional investors with about 2.61 trading days to cover. Dynatronics currently holds about 550.11 K in cash with 372 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Dynatronics Probability Of Bankruptcy
Ownership Allocation
Dynatronics retains 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.
Check Dynatronics Ownership Details

Dynatronics Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Dynatronics jumping above the current price in 90 days from now is about 8.65%. The Dynatronics probability density function shows the probability of Dynatronics stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Dynatronics has a beta of -0.8758 suggesting Additionally, dynatronics has an alpha of 0.2959, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.56HorizonTargetOdds Above 0.56
91.30%90 days
 0.56 
8.65%
Based on a normal probability distribution, the odds of Dynatronics to move above the current price in 90 days from now is about 8.65 (This Dynatronics probability density function shows the probability of Dynatronics Stock to fall within a particular range of prices over 90 days) .

Dynatronics Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Dynatronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dynatronics' 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 Dynatronics' value.
InstituionRecorded OnShares
Wells Fargo & Co2023-12-31
21.0
Ubs Group Ag2023-12-31
0.0
Geode Capital Management, Llc2023-09-30
0.0
Advisor Group Holdings, Inc.2023-12-31
0.0
Bank Of America Corp2023-09-30
0.0
Renaissance Technologies Corp2023-12-31
135.4 K
Susquehanna International Group, Llp2023-12-31
24.6 K
Albion Financial Group (utah)2023-12-31
18 K
Vanguard Group Inc2023-12-31
16.1 K
Citadel Advisors Llc2023-09-30
11.4 K
Tower Research Capital Llc2023-12-31
4.3 K
View Dynatronics Diagnostics

Dynatronics Historical Income Statement

Dynatronics Income Statement is one of the three primary financial statements used for reporting Dynatronics's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dynatronics revenue and expense. Dynatronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dynatronics' Depreciation And Amortization is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 653 K in 2024, whereas Gross Profit is likely to drop slightly above 9.4 M in 2024. View More Fundamentals

Dynatronics Stock Against Markets

Picking the right benchmark for Dynatronics 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 Dynatronics 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 Dynatronics is critical whether you are bullish or bearish towards Dynatronics at a given time. Please also check how Dynatronics' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dynatronics 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.

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Dynatronics Corporate Directors

Dynatronics corporate directors refer to members of a Dynatronics board of directors. The board of directors generally takes responsibility for the Dynatronics' 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 Dynatronics' board members must vote for the resolution. The Dynatronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Erin EnrightDirectorProfile
Scott WardIndependent DirectorProfile
David HoltzIndependent DirectorProfile
Scott KlostermanIndependent DirectorProfile

How to buy Dynatronics Stock?

Before investing in Dynatronics, 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 Dynatronics. To buy Dynatronics stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dynatronics. 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 Dynatronics stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Dynatronics 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 Dynatronics 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 Dynatronics, 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 Dynatronics Stock please use our How to Invest in Dynatronics guide.

Already Invested in Dynatronics?

The danger of trading Dynatronics 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 Dynatronics 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 Dynatronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dynatronics 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 Dynatronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dynatronics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dynatronics Stock. Highlighted below are key reports to facilitate an investment decision about Dynatronics Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynatronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Dynatronics' 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 Dynatronics. If investors know Dynatronics 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 Dynatronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.40)
Revenue Per Share
8.392
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.09)
Return On Equity
(0.28)
The market value of Dynatronics is measured differently than its book value, which is the value of Dynatronics that is recorded on the company's balance sheet. Investors also form their own opinion of Dynatronics' value that differs from its market value or its book value, called intrinsic value, which is Dynatronics' 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 Dynatronics' market value can be influenced by many factors that don't directly affect Dynatronics' 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 Dynatronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynatronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynatronics' 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.