Icad Inc Stock Buy Hold or Sell Recommendation

ICAD Stock  USD 1.59  0.03  1.92%   
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding icad inc is 'Strong Sell'. 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. Key drivers impacting Icad's buy or sell advice are summarized below:
Real Value
2.37
Target Price
4.88
Hype Value
1.61
Market Value
1.59
Naive Value
1.57
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell icad inc given historical horizon and risk tolerance towards Icad. When Macroaxis issues a 'buy' or 'sell' recommendation for icad inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out 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.
In addition, we conduct extensive research on individual companies such as Icad and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards icad inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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 Sell

Market Performance

InsignificantDetails

Volatility

DangerousDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon icad inc has a Mean Deviation of 3.84, Semi Deviation of 4.77, Standard Deviation of 5.84, Variance of 34.15, Downside Variance of 28.61 and Semi Variance of 22.77
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 Trading Alerts and Improvement Suggestions

icad inc had very high historical volatility over the last 90 days
icad inc may become a speculative penny stock
The company reported the previous year's revenue of 17.32 M. Net Loss for the year was (7.01 M) with profit before overhead, payroll, taxes, and interest of 20.11 M.
icad inc currently holds about 27.18 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
icad inc has a poor financial position based on the latest SEC disclosures
Latest headline from globenewswire.com: iCADs ProFound AI Suite Uncovers Hidden Heart Disease Risk According to New Data Presented at American College of Cardiology Meeting

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 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 Return
0.27
Value At Risk
-6.88
Potential Upside
10.64
Standard Deviation
5.84
   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 Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Icad is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading icad inc backward and forwards among themselves. Icad's institutional investor refers to the entity that pools money to purchase Icad'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
Perritt Capital Management Inc.2023-12-31
130.3 K
Dimensional Fund Advisors, Inc.2023-12-31
97.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
84.8 K
Bridgeway Capital Management, Llc2023-12-31
74.6 K
State Street Corporation2023-12-31
72.1 K
Squarepoint Ops Llc2023-12-31
60.9 K
Millennium Management Llc2023-12-31
57.4 K
Susquehanna International Group, Llp2023-12-31
52.8 K
Schonfeld Strategic Advisors Llc2023-09-30
49.3 K
Portolan Capital Management, Llc2023-12-31
1.2 M
Vanguard Group Inc2023-12-31
1.1 M
Note, although Icad's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Icad Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash3.1M11.9M7.1M(13.0M)357K682.7K
Free Cash Flow(7.4M)(7.5M)(10.0M)(13.3M)(6.2M)(5.9M)
Depreciation674K577K557K521K409K388.6K
Other Non Cash Items6.9M8.0M667K1.5M209K191.5K
Capital Expenditures316K306K474K587K534K1.3M
Net Income(13.6M)(17.6M)(11.2M)(13.7M)(7.0M)(7.4M)
End Period Cash Flow15.3M27.2M34.3M21.3M21.7M22.8M
Change To Inventory(1.0M)(533K)(1.0M)(1.2M)1.5M1.6M
Change To Netincome5.2M6.4M10.7M3.4M3.1M2.9M
Net Borrowings(13K)(16K)319K(7.4M)(6.6M)(6.3M)
Investments(306K)(474K)(587K)(534K)(844K)(801.8K)

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
0.15
β
Beta against NYSE Composite1.87
σ
Overall volatility
5.90
Ir
Information ratio 0.03

Icad Volatility Alert

icad inc exhibits above-average semi-deviation for your current time horizon. 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 financial instruments 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-0.21-0.31
Return On Asset-0.1-0.14
Profit Margin(0.28) %(1.27) %
Operating Margin(0.15) %(5.51) %
Current Valuation20.96 M16.62 B
Shares Outstanding26.35 M571.82 M
Shares Owned By Insiders5.80 %10.09 %
Shares Owned By Institutions28.53 %39.21 %
Number Of Shares Shorted451.27 K4.71 M
Price To Earning(8.32) X28.72 X
Price To Book1.33 X9.51 X
Price To Sales2.57 X11.42 X
Revenue17.32 M9.43 B
Gross Profit20.11 M27.38 B
EBITDA(7.28 M)3.9 B
Net Income(7.01 M)570.98 M
Cash And Equivalents27.18 M2.7 B
Cash Per Share1.07 X5.01 X
Total Debt461 K5.32 B
Debt To Equity0.08 %48.70 %
Current Ratio3.19 X2.16 X
Book Value Per Share1.27 X1.93 K
Cash Flow From Operations(4.96 M)971.22 M
Short Ratio1.52 X4.00 X
Earnings Per Share(0.27) X3.12 X
Price To Earnings To Growth(0.56) X4.89 X
Target Price4.83
Number Of Employees6718.84 K
Beta1.35-0.15
Market Capitalization42.17 M19.03 B
Total Asset41.42 M29.47 B
Retained Earnings(271.68 M)9.33 B
Working Capital22.93 M1.48 B
Note: Acquisition by Sassine Andy of 25259 shares of Icad at 1.52 subject to Rule 16b-3 [view details]

Icad Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Icad . 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 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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.2M3.4M461K438.0K
Total Assets62.2M51.7M41.4M43.2M

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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Cannabis Theme
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When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:
Check out 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 the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.
Earnings Share
(0.27)
Revenue Per Share
0.676
Quarterly Revenue Growth
0.023
Return On Assets
(0.10)
Return On Equity
(0.21)
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 if Icad is a good investment 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.