Ion Geophysical Story

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IO -- USA Stock  

USD 1.55  0.01  0.64%

Ion Geophysical Invested Capital Average is quite stable at the moment as compared to the past year. The company's current value of Invested Capital Average is estimated at 223.31 Million. Market Capitalization is expected to rise to about 126.5 M this year, although the value of Net Income Per Employee will most likely fall to (100.2 K). If you have been following Ion Geophysical you may be considering picking up. Let's check if persistent technical and fundamental indicators will continue to push the price to rise for Ion Geophysical's institutional investors. Will institutional investors continue to hold, or should we expect a sell-off?
Published over two weeks ago
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Should you pay attention to changing Ion Geophysical (NYSE:IO) fundamentals?
Ion Geophysical is UNDERVALUED at 2.57 per share with modest projections ahead. We consider Ion Geophysical very risky. Ion Geophysical holds Efficiency (Sharpe) Ratio of 0.0218, which attests that the entity had 0.0218% of return per unit of risk over the last month. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Ion Geophysical, which you can use to evaluate future volatility of the firm. Please check out Ion Geophysical risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 19.0 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Ion Geophysical income statement, its balance sheet, and the statement of cash flows. Potential Ion Geophysical investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ion Geophysical investors may use each financial statement separately, they are all related. The changes in Ion Geophysical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ion Geophysical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of Ion Geophysical fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Ion Geophysical performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Ion Geophysical shares is the value that is considered the true value of the share. If the intrinsic value Ion Geophysical is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Ion Geophysical. Please read more on our fundamental analysis page.

Are Ion Geophysical Earnings Expected to grow?

The future earnings power of Ion Geophysical involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Ion Geophysical factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Ion Geophysical stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Ion Geophysical expected earnings.

How Ion Geophysical utilizes its cash?

To perform a cash flow analysis of Ion Geophysical, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ion Geophysical is receiving and how much cash it distributes out in a given period. The Ion Geophysical cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Ion Geophysical Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 49.17 Million

Ion Geophysical Gross Profit

Ion Geophysical Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Ion Geophysical previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Ion Geophysical Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Acquisition by John Seitz of 2500 shares of Ion Geophysical subject to Rule 16b-3

Legal trades by Ion Geophysical insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Ion Geophysical insider trading alert for grant of common stock by John Seitz, the corporate stakeholder, on 17th of September 2020. This event was filed by Ion Geophysical Corp with SEC on 2019-03-05. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is driving Ion Geophysical Investor Appetite?

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Ion Geophysical is not uncomon. There are few distinct groups of Ion Geophysical stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Ion Geophysical is distributed among investors.

Ownership Allocation

Ion Geophysical has a total of fifteen million ten thousand outstanding shares. Ion Geophysical secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors
23.37%
Insiders
28.35%
Institutions
48.28%
Retail Investors23.37
Insiders28.35
Institutions48.28

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Ion Geophysical has an asset utilization ratio of 40.24 percent. This suggests that the company is making $0.4 for each dollar of assets. An increasing asset utilization means that Ion Geophysical is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
95.1 M
Assets Non Current
192.1 M
Goodwill
121.7 M
Current Assets95.06 Million22.65
Assets Non Current192.08 Million45.76
Goodwill121.66 Million28.98
Tax Assets10.95 Million2.61

Over 3 percent rise for Ion Geophysical. What does it mean for institutional investors?

The coefficient of variation is down to -1381.32 as of today. Ion Geophysical is displaying above-average volatility over the selected time horizon. Investors should scrutinize Ion Geophysical independently to ensure intended market timing strategies are aligned with expectations about Ion Geophysical volatility.

Our Final Takeaway

Whereas many other companies under the oil & gas equipment & services industry are still a bit expensive, Ion Geophysical may offer a potential longer-term growth to institutional investors. While some institutional investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ion Geophysical.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Ion Geophysical. Please refer to our Terms of Use for any information regarding our disclosure principles.

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