Agenus Inc Stock Net Income
| AGEN Stock | USD 12.52 0.74 5.58% |
Agenus Inc fundamentals help investors to digest information that contributes to Agenus' financial success or failures. It also enables traders to predict the movement of Agenus Stock. The fundamental analysis module provides a way to measure Agenus' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Agenus stock.
Agenus |
Agenus Inc Company Net Income Analysis
Agenus' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Agenus Net Income | (245.76 M) |
Most of Agenus' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agenus Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Agenus Inc reported net income of (245.76 Million). This is 172.01% lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The net income for all United States stocks is 143.04% higher than that of the company.
Agenus Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agenus' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Agenus could also be used in its relative valuation, which is a method of valuing Agenus by comparing valuation metrics of similar companies.Agenus is currently under evaluation in net income category among related companies.
Agenus Fundamentals
| Return On Equity | -12.79 | ||||
| Return On Asset | -0.28 | ||||
| Profit Margin | (1.57) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 282.89 M | ||||
| Shares Outstanding | 20.95 M | ||||
| Shares Owned By Insiders | 1.25 % | ||||
| Shares Owned By Institutions | 60.41 % | ||||
| Number Of Shares Shorted | 2.59 M | ||||
| Price To Earning | 10.52 X | ||||
| Price To Book | 218.61 X | ||||
| Price To Sales | 1.09 X | ||||
| Revenue | 156.31 M | ||||
| Gross Profit | 82.61 M | ||||
| EBITDA | (146.52 M) | ||||
| Net Income | (245.76 M) | ||||
| Cash And Equivalents | 218.23 M | ||||
| Cash Per Share | 0.72 X | ||||
| Total Debt | 350.25 M | ||||
| Debt To Equity | 5.88 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | (8.13) X | ||||
| Cash Flow From Operations | (224.2 M) | ||||
| Short Ratio | 4.64 X | ||||
| Earnings Per Share | (13.80) X | ||||
| Target Price | 88.75 | ||||
| Number Of Employees | 389 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 253.87 M | ||||
| Total Asset | 313.91 M | ||||
| Retained Earnings | (1.96 B) | ||||
| Working Capital | (143.48 M) | ||||
| Current Asset | 63.4 M | ||||
| Current Liabilities | 9.97 M | ||||
| Net Asset | 313.91 M |
About Agenus Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agenus Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agenus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agenus Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Agenus
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agenus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agenus will appreciate offsetting losses from the drop in the long position's value.Moving together with Agenus Stock
| 0.72 | EVOK | Evoke Pharma | PairCorr |
| 0.63 | EWTX | Edgewise Therapeutics Financial Report 9th of May 2024 | PairCorr |
Moving against Agenus Stock
| 0.64 | DYAI | Dyadic International Financial Report 8th of May 2024 | PairCorr |
| 0.51 | HCWB | HCW Biologics | PairCorr |
| 0.46 | KRYS | Krystal Biotech Earnings Call This Week | PairCorr |
| 0.41 | IBIO | Ibio Inc | PairCorr |
The ability to find closely correlated positions to Agenus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agenus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agenus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agenus Inc to buy it.
The correlation of Agenus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agenus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agenus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agenus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Agenus Piotroski F Score and Agenus Altman Z Score analysis. Note that the Agenus Inc information on this page should be used as a complementary analysis to other Agenus' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Agenus Stock analysis
When running Agenus' price analysis, check to measure Agenus' 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 Agenus is operating at the current time. Most of Agenus' value examination focuses on studying past and present price action to predict the probability of Agenus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agenus' price. Additionally, you may evaluate how the addition of Agenus to your portfolios can decrease your overall portfolio volatility.
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Is Agenus' 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 Agenus. If investors know Agenus 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 Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' 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 Agenus' market value can be influenced by many factors that don't directly affect Agenus' 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 Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' 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.