Icad Stock Buy Hold or Sell Recommendation

ICAD Stock  USD 2.28  0.09  3.80%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Icad Inc is 'Strong Hold'. Macroaxis provides Icad buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Icad positions. The advice algorithm takes into account all of Icad's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Icad's buy-and-hold perspective. Please see Icad 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. We conduct extensive research on individual companies such as Icad and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Icad Inc.

Execute Icad Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell IcadBuy Icad
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Icad Inc has a Risk Adjusted Performance of 0.1117, Jensen Alpha of 0.2243, Total Risk Alpha of (0.36), Sortino Ratio of 0.0625 and Treynor Ratio of 0.4064
We provide advice to complement the regular expert consensus on Icad. 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 Icad Inc is not overpriced, please check out all Icad fundamentals, including its operating margin, shares owned by institutions, price to sales, as well as the relationship between the shares outstanding and price to earning . Please also validate Icad Inc price to earning to confirm your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Icad Returns Distribution Density

The distribution of Icad's historical returns is an attempt to chart the uncertainty of Icad's future price movements. The chart of the probability distribution of Icad stock daily returns describes the distribution of returns around its average expected value. We use Icad Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Icad returns is essential to provide solid investment advice for Icad.
Mean Return0.43Value At Risk-4
Potential Upside4.80Standard Deviation3.41
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Icad 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.

Icad Cash Flow Accounts

201820192020202120222023 (projected)
Capital Expenditure(301 K)(296 K)(461 K)(563 K)(647.45 K)(698.56 K)
Depreciation Amortization and Accretion708 K674 K577 K557 K501.3 K514.49 K
Net Cash Flow or Change in Cash and Cash Equivalents2.8 M3.13 M11.87 M7.1 M8.16 M8.8 M
Issuance Repayment of Debt Securities6.96 M(16 K)277 K(7.36 M)(6.63 M)(6.8 M)
Net Cash Flow from Financing6.98 M10.54 M19.33 M17.09 M15.38 M16.6 M
Net Cash Flow from Investing(316 K)(306 K)(474 K)(587 K)(528.3 K)(570.01 K)
Net Cash Flow from Operations(3.87 M)(7.11 M)(6.99 M)(9.41 M)(10.82 M)(11.1 M)
Share Based Compensation1.5 M1.17 M2.84 M2.78 M3.2 M2.78 M

Icad 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 Icad or Health Care Technology 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 Icad'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 Icad 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
0.22
β
Beta against NYSE Composite1.03
σ
Overall volatility
3.08
Ir
Information ratio 0.07

Icad Volatility Alert

Icad Inc shows above-average downside volatility for the selected time horizon. We advise investors to inspect Icad Inc further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Icad future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Icad'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 Icad'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 stocks as prices fall.

Icad Fundamentals Vs Peers

Comparing Icad'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 Icad's direct or indirect competition across all of the common fundamentals between Icad and the related equities. This way, we can detect undervalued stocks with similar characteristics as Icad or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Icad's fundamental indicators could also be used in its relative valuation, which is a method of valuing Icad by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Icad to competition
FundamentalsIcadPeer Average
Return On Equity(0.34) %(0.31) %
Return On Asset(0.15) %(0.14) %
Profit Margin(0.50) %(1.27) %
Operating Margin(0.50) %(5.51) %
Current Valuation20.38 M16.62 B
Shares Outstanding25.45 M571.82 M
Shares Owned by Insiders7.31 %10.09 %
Shares Owned by Institutions48.77 %39.21 %
Number of Shares Shorted314.64 K4.71 M
Price to Earning(8.32) X28.72 X
Price to Book1.11 X9.51 X
Price to Sales1.56 X11.42 X
Revenue33.64 M9.43 B
Gross Profit24.56 M27.38 B
EBITDA(11.15 M)3.9 B
Net Income(11.24 M)570.98 M
Cash and Equivalents27.18 M2.7 B
Cash per Share1.07 X5.01 X
Total Debt3.16 M5.32 B
Debt to Equity0.08 %48.70 %
Current Ratio3.19 X2.16 X
Book Value Per Share1.49 X1.93 K
Cash Flow from Operations(9.41 M)971.22 M
Short Ratio1.99 X4.00 X
Earnings Per Share(0.52) X3.12 X
Price to Earnings To Growth(0.56) X4.89 X
Target Price8.17
Number of Employees13618.84 K
Beta1.16-0.15
Market Capitalization60.31 M19.03 B
Total Asset62.19 M29.47 B
Retained Earnings(242.03 M)9.33 B
Working Capital13.49 M1.48 B
   Acquisition by Susan Wood of 30000 shares of Icad subject to Rule 16b-3 [view details]

About Icad Buy or Sell Advice

When is the right time to buy or sell Icad Inc? Buying financial instruments such as Icad 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.
 2020 2021 2022 2023 (projected)
Receivables10.03 M8.89 M8 M7.23 M
Inventories3.14 M4.17 M3.75 M3.15 M

Use Investing Ideas to Build Portfolios

In addition to having Icad 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.

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Run Diversified Assets Thematic Idea Now

Diversified Assets
Diversified Assets Theme
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 41 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 Diversified Assets Theme or any other thematic opportunities.
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Please see Icad 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 Icad Inc information on this page should be used as a complementary analysis to other Icad'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
60.3 M
Quarterly Revenue Growth
(0.32) 
Return On Assets
(0.15) 
Return On Equity
(0.34) 
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine Icad value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.