Wrap Technologies Stock Shares Outstanding
| WRAP Stock | USD 1.49 0.02 1.32% |
Wrap Technologies fundamentals help investors to digest information that contributes to Wrap Technologies' financial success or failures. It also enables traders to predict the movement of Wrap Stock. The fundamental analysis module provides a way to measure Wrap Technologies' 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 Wrap Technologies stock.
As of 05/12/2024, Common Stock Shares Outstanding is likely to drop to about 30.9 M. Wrap | Shares Outstanding |
Wrap Technologies Company Shares Outstanding Analysis
Wrap Technologies' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Wrap Technologies Shares Outstanding | 44.21 M |
Most of Wrap Technologies' fundamental indicators, such as Shares Outstanding, 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, Wrap Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wrap Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Wrap Technologies is extremely important. It helps to project a fair market value of Wrap Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Wrap Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wrap Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wrap Technologies' interrelated accounts and indicators.
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Wrap Shares Outstanding Historical Pattern
Today, most investors in Wrap Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wrap Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Wrap Technologies shares outstanding as a starting point in their analysis.
Wrap Technologies Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Wrap Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Wrap Technologies has 44.21 M of shares currently outstending. This is 76.72% lower than that of the Electronic Equipment, Instruments & Components sector and 75.18% lower than that of the Information Technology industry. The shares outstanding for all United States stocks is 92.27% higher than that of the company.
Wrap Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wrap Technologies' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wrap Technologies could also be used in its relative valuation, which is a method of valuing Wrap Technologies by comparing valuation metrics of similar companies.Wrap Technologies is currently under evaluation in shares outstanding category among related companies.
Wrap Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Wrap Technologies from analyzing Wrap Technologies' financial statements. These drivers represent accounts that assess Wrap Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wrap Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 183.1M | 163.5M | 154.4M | 69.6M | 80.0M | 141.9M | |
| Enterprise Value | 166.4M | 147.2M | 149.5M | 64.6M | 74.2M | 129.7M |
Wrap Fundamentals
| Return On Equity | -0.61 | ||||
| Return On Asset | -0.31 | ||||
| Profit Margin | (1.68) % | ||||
| Operating Margin | (0.76) % | ||||
| Current Valuation | 53.2 M | ||||
| Shares Outstanding | 44.21 M | ||||
| Shares Owned By Insiders | 36.79 % | ||||
| Shares Owned By Institutions | 9.23 % | ||||
| Number Of Shares Shorted | 5.57 M | ||||
| Price To Earning | (6.00) X | ||||
| Price To Book | 4.01 X | ||||
| Price To Sales | 8.09 X | ||||
| Revenue | 9.13 M | ||||
| Gross Profit | 3.73 M | ||||
| EBITDA | (14.89 M) | ||||
| Net Income | (15.35 M) | ||||
| Cash And Equivalents | 28.5 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 301 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 12.76 X | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | (16.48 M) | ||||
| Short Ratio | 20.97 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Target Price | 2.5 | ||||
| Number Of Employees | 69 | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 65.88 M | ||||
| Total Asset | 30.57 M | ||||
| Retained Earnings | (67.38 M) | ||||
| Working Capital | 23.7 M | ||||
| Current Asset | 74 K | ||||
| Current Liabilities | 43 K | ||||
| Net Asset | 30.57 M |
About Wrap Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wrap Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wrap Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wrap Technologies 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wrap Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wrap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wrap Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Wrap Technologies Stock:Check out Wrap Technologies Piotroski F Score and Wrap Technologies Altman Z Score analysis. To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.Note that the Wrap Technologies information on this page should be used as a complementary analysis to other Wrap Technologies' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Wrap Stock analysis
When running Wrap Technologies' price analysis, check to measure Wrap Technologies' 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 Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Wrap Technologies' 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 Wrap Technologies. If investors know Wrap 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 Wrap Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.218 | Quarterly Revenue Growth 1.135 | Return On Assets (0.31) | Return On Equity (0.61) |
The market value of Wrap Technologies is measured differently than its book value, which is the value of Wrap that is recorded on the company's balance sheet. Investors also form their own opinion of Wrap Technologies' value that differs from its market value or its book value, called intrinsic value, which is Wrap Technologies' 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 Wrap Technologies' market value can be influenced by many factors that don't directly affect Wrap Technologies' 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 Wrap Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wrap Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wrap Technologies' 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.