Outset Medicalinc Stock Buy Hold or Sell Recommendation
| OM Stock | USD 2.25 0.09 4.17% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Outset MedicalInc is 'Cautious Hold'. Macroaxis provides Outset MedicalInc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OM positions. The advice algorithm takes into account all of Outset MedicalInc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Outset MedicalInc's buy or sell advice are summarized below:
Real Value 4.21 | Target Price 10.2 | Hype Value 2.28 | Market Value 2.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Outset MedicalInc given historical horizon and risk tolerance towards Outset MedicalInc. When Macroaxis issues a 'buy' or 'sell' recommendation for Outset MedicalInc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Outset |
Execute Outset MedicalInc Buy or Sell Advice
The Outset recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Outset MedicalInc. Macroaxis does not own or have any residual interests in Outset MedicalInc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Outset MedicalInc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Outset MedicalInc Trading Alerts and Improvement Suggestions
| Outset MedicalInc generated a negative expected return over the last 90 days | |
| Outset MedicalInc has high historical volatility and very poor performance | |
| Outset MedicalInc has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 130.38 M. Annual Net Loss to common stockholders was (172.8 M) with gross profit of 17.83 M. | |
| Outset MedicalInc reports about 227.52 M in cash with (131.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Outset Medical Inks Multi-Year Deal to Boost Home Dialysis |
Outset MedicalInc Returns Distribution Density
The distribution of Outset MedicalInc's historical returns is an attempt to chart the uncertainty of Outset MedicalInc's future price movements. The chart of the probability distribution of Outset MedicalInc daily returns describes the distribution of returns around its average expected value. We use Outset MedicalInc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Outset MedicalInc returns is essential to provide solid investment advice for Outset MedicalInc.
| Mean Return | -0.73 | Value At Risk | -9.83 | Potential Upside | 8.54 | Standard Deviation | 6.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Outset MedicalInc 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.
Outset Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Outset MedicalInc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Outset MedicalInc backward and forwards among themselves. Outset MedicalInc's institutional investor refers to the entity that pools money to purchase Outset MedicalInc'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 | State Street Corporation | 2023-12-31 | 1 M | Assenagon Asset Management Sa | 2023-12-31 | 1 M | Cam Group Holding A/s | 2023-12-31 | 1000 K | Bank Of New York Mellon Corp | 2023-12-31 | 826.2 K | Millennium Management Llc | 2023-12-31 | 809.6 K | Massachusetts Financial Services Company | 2023-12-31 | 707.6 K | Fiera Capital Corporation | 2023-12-31 | 549 K | Gsa Capital Partners Llp | 2023-12-31 | 514.3 K | Goldman Sachs Group Inc | 2023-12-31 | 475.6 K | Fmr Inc | 2023-12-31 | 7.1 M | Jpmorgan Chase & Co | 2023-12-31 | 5 M |
Outset MedicalInc Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5.0M) | (16.3M) | (22.0M) | (14.7M) | 1.6M | 1.7M | |
| Investments | 77.6M | 3.9M | (142.5M) | (66.3M) | 7.9M | 8.2M | |
| Change In Cash | 4.3M | 290.6M | (112.6M) | (139.1M) | (4.7M) | (4.5M) | |
| Free Cash Flow | (73.6M) | (108.1M) | (133.4M) | (154.1M) | (134.8M) | (141.6M) | |
| Depreciation | 1.9M | 3.2M | 5.2M | 5.2M | 5.8M | 4.1M | |
| Other Non Cash Items | 893K | 1.2M | 1.6M | 6.0M | 3.4M | 2.7M | |
| Capital Expenditures | 3.3M | 9.1M | 3.1M | 8.3M | 3.4M | 5.3M | |
| Net Income | (68.3M) | (121.5M) | (131.9M) | (163.0M) | (172.8M) | (181.4M) | |
| End Period Cash Flow | 37.7M | 328.3M | 215.7M | 76.5M | 71.8M | 140.0M | |
| Change To Netincome | (1.9M) | 25.2M | 1.7M | 31.6M | 36.3M | 38.1M |
Outset MedicalInc 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 Outset MedicalInc or Health Care Equipment & Supplies 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 Outset MedicalInc'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 Outset 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 | -0.98 | |
β | Beta against NYSE Composite | 4.08 | |
σ | Overall volatility | 6.17 | |
Ir | Information ratio | -0.13 |
Outset MedicalInc Volatility Alert
Outset MedicalInc is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Outset MedicalInc'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 Outset MedicalInc'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.Outset MedicalInc Fundamentals Vs Peers
Comparing Outset MedicalInc'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 Outset MedicalInc's direct or indirect competition across all of the common fundamentals between Outset MedicalInc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Outset MedicalInc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Outset MedicalInc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Outset MedicalInc by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Outset MedicalInc to competition |
| Fundamentals | Outset MedicalInc | Peer Average |
| Return On Equity | -0.94 | -0.31 |
| Return On Asset | -0.3 | -0.14 |
| Profit Margin | (1.33) % | (1.27) % |
| Operating Margin | (1.22) % | (5.51) % |
| Current Valuation | 41.96 M | 16.62 B |
| Shares Outstanding | 51.7 M | 571.82 M |
| Shares Owned By Insiders | 3.96 % | 10.09 % |
| Shares Owned By Institutions | 96.04 % | 39.21 % |
| Number Of Shares Shorted | 8.36 M | 4.71 M |
| Price To Book | 0.84 X | 9.51 X |
| Price To Sales | 0.79 X | 11.42 X |
| Revenue | 130.38 M | 9.43 B |
| Gross Profit | 17.83 M | 27.38 B |
| EBITDA | (153.79 M) | 3.9 B |
| Net Income | (172.8 M) | 570.98 M |
| Cash And Equivalents | 227.52 M | 2.7 B |
| Cash Per Share | 4.71 X | 5.01 X |
| Total Debt | 136.19 M | 5.32 B |
| Debt To Equity | 0.13 % | 48.70 % |
| Current Ratio | 6.24 X | 2.16 X |
| Book Value Per Share | 2.44 X | 1.93 K |
| Cash Flow From Operations | (131.37 M) | 971.22 M |
| Short Ratio | 7.11 X | 4.00 X |
| Earnings Per Share | (3.48) X | 3.12 X |
| Price To Earnings To Growth | 0.06 X | 4.89 X |
| Target Price | 5.79 | |
| Number Of Employees | 480 | 18.84 K |
| Beta | 1.98 | -0.15 |
| Market Capitalization | 111.68 M | 19.03 B |
| Total Asset | 313.8 M | 29.47 B |
| Retained Earnings | (961.75 M) | 9.33 B |
| Working Capital | 235.9 M | 1.48 B |
| Net Asset | 313.8 M |
Note: Disposition of 1415 shares by John Brottem of Outset MedicalInc at 9.48 subject to Rule 16b-3 [view details]
Outset MedicalInc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Outset . 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 Outset MedicalInc Buy or Sell Advice
When is the right time to buy or sell Outset MedicalInc? Buying financial instruments such as Outset 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 Total | 37.8M | 103.2M | 136.2M | 68.5M | Total Assets | 463.5M | 400.1M | 313.8M | 333.8M |
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Check out Outset MedicalInc 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. To learn how to invest in Outset Stock, please use our How to Invest in Outset MedicalInc guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Outset MedicalInc's price analysis, check to measure Outset MedicalInc'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 Outset MedicalInc is operating at the current time. Most of Outset MedicalInc's value examination focuses on studying past and present price action to predict the probability of Outset MedicalInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outset MedicalInc's price. Additionally, you may evaluate how the addition of Outset MedicalInc to your portfolios can decrease your overall portfolio volatility.
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Is Outset MedicalInc'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 Outset MedicalInc. If investors know Outset 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 Outset MedicalInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.48) | Revenue Per Share 2.629 | Quarterly Revenue Growth (0.05) | Return On Assets (0.30) | Return On Equity (0.94) |
The market value of Outset MedicalInc is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset MedicalInc's value that differs from its market value or its book value, called intrinsic value, which is Outset MedicalInc'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 Outset MedicalInc's market value can be influenced by many factors that don't directly affect Outset MedicalInc'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 Outset MedicalInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset MedicalInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset MedicalInc'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.