Owlet Inc Stock Buy Hold or Sell Recommendation
| OWLT Stock | USD 3.91 0.50 14.66% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Owlet Inc is 'Strong Sell'. Macroaxis provides Owlet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Owlet positions. The advice algorithm takes into account all of Owlet's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Owlet's buy or sell advice are summarized below:
Real Value 6.63 | Target Price 15 | Hype Value 4.08 | Market Value 3.91 | Naive Value 3.5 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Owlet Inc given historical horizon and risk tolerance towards Owlet. When Macroaxis issues a 'buy' or 'sell' recommendation for Owlet Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Owlet |
Execute Owlet Buy or Sell Advice
The Owlet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Owlet Inc. Macroaxis does not own or have any residual interests in Owlet Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Owlet's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | 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 | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Owlet Trading Alerts and Improvement Suggestions
| Owlet Inc generated a negative expected return over the last 90 days | |
| Owlet Inc has high historical volatility and very poor performance | |
| Owlet Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 54.01 M. Net Loss for the year was (32.9 M) with profit before overhead, payroll, taxes, and interest of 23.3 M. | |
| Owlet Inc currently holds about 37.26 M in cash with (23.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33. |
Owlet Returns Distribution Density
The distribution of Owlet's historical returns is an attempt to chart the uncertainty of Owlet's future price movements. The chart of the probability distribution of Owlet daily returns describes the distribution of returns around its average expected value. We use Owlet Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Owlet returns is essential to provide solid investment advice for Owlet.
| Mean Return | -0.85 | Value At Risk | -9.11 | Potential Upside | 6.60 | Standard Deviation | 5.37 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Owlet 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.
Owlet Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Owlet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Owlet Inc backward and forwards among themselves. Owlet's institutional investor refers to the entity that pools money to purchase Owlet'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 | 17 K | Drive Wealth Management, Llc | 2023-12-31 | 15 K | Renaissance Technologies Corp | 2023-12-31 | 14.6 K | Jpmorgan Chase & Co | 2023-12-31 | 5 K | Emc Capital Management(tx) | 2023-12-31 | 2.5 K | Deutsche Bank Ag | 2023-12-31 | 1.1 K | Advisor Group Holdings, Inc. | 2023-12-31 | 1000 | Tower Research Capital Llc | 2023-12-31 | 745 | Ubs Group Ag | 2023-12-31 | 290 | Eclipse Ventures, Llc | 2023-12-31 | 2 M | Pelion, Inc. | 2023-12-31 | 325.5 K |
Owlet 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 Owlet 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 Owlet'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 Owlet 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 | -0.99 | |
β | Beta against NYSE Composite | 2.82 | |
σ | Overall volatility | 5.35 | |
Ir | Information ratio | -0.17 |
Owlet Volatility Alert
Owlet Inc exhibits very low volatility with skewness of 1.03 and kurtosis of 5.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Owlet'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 Owlet'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.Owlet Fundamentals Vs Peers
Comparing Owlet'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 Owlet's direct or indirect competition across all of the common fundamentals between Owlet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Owlet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Owlet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Owlet by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Owlet to competition |
| Fundamentals | Owlet | Peer Average |
| Return On Equity | -9.01 | -0.31 |
| Return On Asset | -0.35 | -0.14 |
| Profit Margin | (0.61) % | (1.27) % |
| Operating Margin | (0.15) % | (5.51) % |
| Current Valuation | 37.71 M | 16.62 B |
| Shares Outstanding | 8.96 M | 571.82 M |
| Shares Owned By Insiders | 11.26 % | 10.09 % |
| Shares Owned By Institutions | 44.52 % | 39.21 % |
| Number Of Shares Shorted | 299.66 K | 4.71 M |
| Price To Book | 12.22 X | 9.51 X |
| Price To Sales | 0.60 X | 11.42 X |
| Revenue | 54.01 M | 9.43 B |
| Gross Profit | 23.3 M | 27.38 B |
| EBITDA | (26.42 M) | 3.9 B |
| Net Income | (32.9 M) | 570.98 M |
| Cash And Equivalents | 37.26 M | 2.7 B |
| Cash Per Share | 0.33 X | 5.01 X |
| Total Debt | 15.22 M | 5.32 B |
| Debt To Equity | 0.81 % | 48.70 % |
| Current Ratio | 1.29 X | 2.16 X |
| Book Value Per Share | (4.27) X | 1.93 K |
| Cash Flow From Operations | (23.53 M) | 971.22 M |
| Short Ratio | 11.24 X | 4.00 X |
| Earnings Per Share | (4.53) X | 3.12 X |
| Price To Earnings To Growth | (0.10) X | 4.89 X |
| Target Price | 15.0 | |
| Number Of Employees | 76 | 18.84 K |
| Beta | 1.69 | -0.15 |
| Market Capitalization | 30.57 M | 19.03 B |
| Total Asset | 44.12 M | 29.47 B |
| Retained Earnings | (255.66 M) | 9.33 B |
| Working Capital | (5.15 M) | 1.48 B |
| Net Asset | 44.12 M |
Note: Disposition of 276 shares by Kathryn Scolnick of Owlet at 4.47 subject to Rule 16b-3 [view details]
Owlet Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Owlet . 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 Owlet Buy or Sell Advice
When is the right time to buy or sell Owlet Inc? Buying financial instruments such as Owlet 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) | Other Current Liabilities | 31.7M | 20M | 15.1M | 20.7M | Total Assets | 140M | 58.1M | 44.1M | 68.3M |
Use Investing Ideas to Build Portfolios
In addition to having Owlet 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?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Check out Owlet 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Owlet Stock analysis
When running Owlet's price analysis, check to measure Owlet'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 Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.
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Is Owlet'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 Owlet. If investors know Owlet 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 Owlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.53) | Revenue Per Share 6.526 | Quarterly Revenue Growth 0.757 | Return On Assets (0.35) | Return On Equity (9.01) |
The market value of Owlet Inc is measured differently than its book value, which is the value of Owlet that is recorded on the company's balance sheet. Investors also form their own opinion of Owlet's value that differs from its market value or its book value, called intrinsic value, which is Owlet'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 Owlet's market value can be influenced by many factors that don't directly affect Owlet'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 Owlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owlet'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.