Zedge Inc Stock Target Price

ZDGE Stock  USD 2.53  0.14  5.86%   
Zedge Inc fundamentals help investors to digest information that contributes to Zedge's financial success or failures. It also enables traders to predict the movement of Zedge Stock. The fundamental analysis module provides a way to measure Zedge's 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 Zedge stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Zedge Target Price Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zedge's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zedge could also be used in its relative valuation, which is a method of valuing Zedge by comparing valuation metrics of similar companies.
Zedge is currently under evaluation in target price category among related companies.

Zedge Fundamentals

About Zedge Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zedge Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zedge 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.

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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 Zedge Inc is a strong investment it is important to analyze Zedge'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 Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:
Check out Zedge Piotroski F Score and Zedge Altman Z Score analysis.
Note that the Zedge Inc information on this page should be used as a complementary analysis to other Zedge's 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Zedge Stock analysis

When running Zedge's price analysis, check to measure Zedge'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 Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
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Is Zedge'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 Zedge. If investors know Zedge 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 Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
(1.19)
Revenue Per Share
2.015
Quarterly Revenue Growth
0.113
Return On Assets
0.0123
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.