On24 Inc Stock Buy Hold or Sell Recommendation
| ONTF Stock | USD 5.48 0.07 1.26% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ON24 Inc is 'Cautious Hold'. Macroaxis provides ON24 buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ON24 positions.
Check out ON24 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, we conduct extensive research on individual companies such as ON24 and provide practical buy, sell, or hold advice based on investors' constraints. ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
ON24 |
Execute ON24 Buy or Sell Advice
The ON24 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ON24 Inc. Macroaxis does not own or have any residual interests in ON24 Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ON24's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ON24 Trading Alerts and Improvement Suggestions
| ON24 Inc generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 163.71 M. Net Loss for the year was (51.79 M) with profit before overhead, payroll, taxes, and interest of 138.48 M. | |
| ON24 Inc currently holds about 344.87 M in cash with (12.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| ON24 Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 73.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: AI Adoption by Sales and Marketing Helps Drive Revenue Success Finds New ON24 Report |
ON24 Returns Distribution Density
The distribution of ON24's historical returns is an attempt to chart the uncertainty of ON24's future price movements. The chart of the probability distribution of ON24 daily returns describes the distribution of returns around its average expected value. We use ON24 Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ON24 returns is essential to provide solid investment advice for ON24.
| Mean Return | -0.22 | Value At Risk | -3.43 | Potential Upside | 3.16 | Standard Deviation | 1.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ON24 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.
ON24 Stock Institutional Investors
| Shares | Jacobs Levy Equity Management, Inc. | 2024-03-31 | 587.3 K | Acadian Asset Management Llc | 2024-03-31 | 469.5 K | Circumference Group Llc | 2024-03-31 | 387.2 K | Horrell Capital Management, Inc. | 2024-03-31 | 387.2 K | Charles Schwab Investment Management Inc | 2024-03-31 | 285.3 K | Oak Hill Investment Management, L.p. | 2024-03-31 | 283.3 K | Northern Trust Corp | 2024-03-31 | 274 K | Palogic Value Management Lp | 2024-03-31 | 264.3 K | Los Angeles Capital Management Llc | 2024-03-31 | 244 K | Lynrock Lake Lp | 2024-03-31 | 7.3 M | Indaba Capital Management, Llc | 2024-03-31 | 4.2 M |
ON24 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (3M) | 2M | (215.6M) | (82.8M) | 108.9M | 114.3M | |
| Change In Cash | 12.0M | 39.4M | 106.7M | (137.9M) | 26.2M | 27.5M | |
| Net Borrowings | 2.2M | (1.1M) | (24.9M) | (2.1M) | (1.9M) | (2.0M) | |
| Free Cash Flow | (12.5M) | 36.5M | 1.6M | (24.2M) | (14.4M) | (13.7M) | |
| Depreciation | 2.3M | 3.0M | 4.6M | 5.4M | 20.9M | 22.0M | |
| Other Non Cash Items | 6.9M | 11.2M | 15.8M | 18.5M | (1.4M) | (1.3M) | |
| Capital Expenditures | 1.2M | 1.0M | 3.6M | 3.7M | 2.2M | 2.8M | |
| Net Income | (17.5M) | 20.8M | (24.3M) | (58.2M) | (51.8M) | (49.2M) | |
| End Period Cash Flow | 18.9M | 58.3M | 165.0M | 27.2M | 53.2M | 60.4M | |
| Change To Netincome | 2.6M | 6.0M | 29.1M | 37.5M | 43.1M | 45.2M |
ON24 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 ON24 or Software 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 ON24'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 ON24 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 | -0.23 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 1.94 | |
Ir | Information ratio | -0.11 |
ON24 Volatility Alert
ON24 Inc exhibits very low volatility with skewness of 0.01 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ON24'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 ON24'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.ON24 Fundamentals Vs Peers
Comparing ON24'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 ON24's direct or indirect competition across all of the common fundamentals between ON24 and the related equities. This way, we can detect undervalued stocks with similar characteristics as ON24 or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ON24's fundamental indicators could also be used in its relative valuation, which is a method of valuing ON24 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ON24 to competition |
| Fundamentals | ON24 | Peer Average |
| Return On Equity | -0.19 | -0.31 |
| Return On Asset | -0.0904 | -0.14 |
| Profit Margin | (0.28) % | (1.27) % |
| Operating Margin | (0.30) % | (5.51) % |
| Current Valuation | 46.84 M | 16.62 B |
| Shares Outstanding | 41.87 M | 571.82 M |
| Shares Owned By Insiders | 10.87 % | 10.09 % |
| Shares Owned By Institutions | 72.80 % | 39.21 % |
| Number Of Shares Shorted | 462.22 K | 4.71 M |
| Price To Book | 1.53 X | 9.51 X |
| Price To Sales | 1.68 X | 11.42 X |
| Revenue | 163.71 M | 9.43 B |
| Gross Profit | 138.48 M | 27.38 B |
| EBITDA | (33.19 M) | 3.9 B |
| Net Income | (51.79 M) | 570.98 M |
| Cash And Equivalents | 344.87 M | 2.7 B |
| Cash Per Share | 7.26 X | 5.01 X |
| Total Debt | 5.39 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 3.46 X | 2.16 X |
| Book Value Per Share | 4.17 X | 1.93 K |
| Cash Flow From Operations | (12.2 M) | 971.22 M |
| Short Ratio | 3.17 X | 4.00 X |
| Earnings Per Share | (1.05) X | 3.12 X |
| Target Price | 8.5 | |
| Number Of Employees | 462 | 18.84 K |
| Beta | 0.47 | -0.15 |
| Market Capitalization | 238 M | 19.03 B |
| Total Asset | 280.3 M | 29.47 B |
| Retained Earnings | (305.51 M) | 9.33 B |
| Working Capital | 157.7 M | 1.48 B |
| Net Asset | 280.3 M |
Note: Disposition of 9375 shares by Steven Vattuone of ON24 at 5.8052 subject to Rule 16b-3 [view details]
ON24 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ON24 . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 5.48 | |||
| Day Typical Price | 5.48 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) |
About ON24 Buy or Sell Advice
When is the right time to buy or sell ON24 Inc? Buying financial instruments such as ON24 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 | 4.0M | 9.3M | 5.4M | 5.1M | Total Assets | 480.5M | 425.5M | 280.3M | 265.1M |
Use Investing Ideas to Build Portfolios
In addition to having ON24 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.Did You Try This Idea?
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Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 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 Transportation Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ON24 Stock
When determining whether ON24 Inc is a strong investment it is important to analyze ON24'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 ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:Check out ON24 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. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Application Software space 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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Revenue Per Share 3.671 | Quarterly Revenue Growth (0.12) | Return On Assets (0.09) | Return On Equity (0.19) |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.