Is Arena Group Stock a Good Investment?
Arena Group Investment Advice | AREN |
- Examine Arena Group's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Arena Group's leadership team and their track record. Good management can help Arena Group navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Arena Group's business and its evolving consumer preferences.
- Compare Arena Group's performance and market position to its competitors. Analyze how Arena Group is positioned in terms of product offerings, innovation, and market share.
- Check if Arena Group pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Arena Group's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Arena Group Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Arena Group Holdings is a good investment.
Sell | Buy |
Hold
Examine Arena Group Stock
Researching Arena Group's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 20.0% of the company shares are held by company insiders. The company recorded a loss per share of 2.92. Arena Group Holdings last dividend was issued on the 6th of August 2019. The entity had 1:22 split on the 9th of February 2022.
To determine if Arena Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Arena Group's research are outlined below:
| Arena Group Holdings generated a negative expected return over the last 90 days | |
| Arena Group Holdings has high historical volatility and very poor performance | |
| Arena Group Holdings may become a speculative penny stock | |
| Arena Group Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 115.37 M in liabilities with Debt to Equity (D/E) ratio of 0.5, which is about average as compared to similar companies. Arena Group Holdings has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Arena Group until it has trouble settling it off, either with new capital or with free cash flow. So, Arena Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arena Group Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arena to invest in growth at high rates of return. When we think about Arena Group's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 220.94 M. Net Loss for the year was (70.86 M) with profit before overhead, payroll, taxes, and interest of 88.01 M. | |
| Arena Group Holdings currently holds about 13.3 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Arena Group Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 56.0% of Arena Group shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Sports Illustrateds Parent Says Articles by Allegedly Fake Writers With AI-Generated Photos Came From Third-Party Provider - Yahoo News Canada |
Arena Group Quarterly Cost of Revenue |
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Arena Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Arena Group Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Arena Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Arena Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Arena Group's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-14 | 2023-06-30 | -0.8 | -0.89 | -0.09 | 11 | ||
2023-11-14 | 2023-09-30 | -0.38 | -0.48 | -0.1 | 26 | ||
2023-05-10 | 2023-03-31 | -1.19 | -1 | 0.19 | 15 | ||
2022-08-09 | 2022-06-30 | -0.89 | -1.22 | -0.33 | 37 | ||
2022-05-04 | 2022-03-31 | -0.83 | -1.2 | -0.37 | 44 | ||
2022-03-28 | 2021-12-31 | -0.03 | -1.57 | -1.54 | 5133 |
Arena Group's SEC filings
Before you invest in Arena Group, make sure you check Arena Group'srecent SEC filings. These artifacts are important regulatory documents required of all public companies to provide to potential investors. Arena Group prospectus issued under the guidelines of the SEC is a legal declaration of facts and statements to ensure that Arena Group investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Arena Group's specific information freely available to individual and institutional investors to make a timely investment decision.
| 14th of November 2023 Financial Statements and Exhibits. Results of Operations and Financial Condition | View | |
| 8th of November 2023 Other Events | View | |
| 7th of September 2023 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement | View | |
| 16th of August 2023 Unclassified Corporate Event | View |
Arena Group Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Arena target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Arena Group's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| Strong Buy |
Most Arena analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Arena stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Arena Group Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationArena Group Target Price Projection
Arena Group's current and average target prices are 1.94 and 7.50, respectively. The current price of Arena Group is the price at which Arena Group Holdings is currently trading. On the other hand, Arena Group's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Arena Group Market Quote on 30th of November 2023
Target Price
Analyst Consensus On Arena Group Target Price
Arena Group Analyst Ratings
Arena Group's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Arena Group stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Arena Group's financials, market performance, and future outlook by experienced professionals. Arena Group's historical ratings below, therefore, can serve as a valuable tool for investors.Arena Group's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Arena Group's market, we take the total number of its shares issued and multiply it by Arena Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Arena Group's profitablity analysis
Arena Group's profitability indicators refer to fundamental financial ratios that showcase Arena Group's ability to generate income relative to its revenue or operating costs. If, let's say, Arena Group is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Arena Group's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Arena Group's profitability requires more research than a typical breakdown of Arena Group's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for 2023 | ||
| Return on Average Assets | (0.39) | (0.42) | |
| Return on Average Equity | 1.83 | 2.45 | |
| Return on Invested Capital | (2.13) | (2.29) | |
| Return on Sales | (0.27) | (0.30) |
Determining Arena Group's profitability involves analyzing its financial statements and using various financial metrics to determine if Arena Group is a good buy. For example, gross profit margin measures Arena Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Arena Group's profitability and make more informed investment decisions.
The data published in Arena Group's official financial statements usually reflect Arena Group's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Arena Group Holdings. For example, before you start analyzing numbers published by Arena accountants, it's critical to develop an understanding of what Arena Group's liquidity, profitability, and earnings quality are in the context of the Entertainment space in which it operates.
Please note, the presentation of Arena Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Arena Group's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Arena Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Arena Group Holdings. Please utilize our Beneish M Score to check the likelihood of Arena Group's management manipulating its earnings.
Evaluate Arena Group's management efficiency
Arena Group Holdings has return on total asset (ROA) of (0.1512) % which means that it has lost $0.1512 on every $100 spent on assets. This is way below average. Arena Group's management efficiency ratios could be used to measure how well Arena Group manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2023, Return on Average Equity is likely to grow to 2.45, while Return on Average Assets are likely to drop (0.42). At this time, Arena Group's Total Assets are very stable as compared to the past year. As of the 30th of November 2023, Current Assets is likely to grow to about 84.9 M, while Assets Non Current are likely to drop about 118 M.| Last Reported | Projected for 2023 | ||
| Book Value per Share | (2.96) | (3.19) | |
| Enterprise Value over EBIT | (4.00) | (4.32) | |
| Enterprise Value over EBITDA | (8.10) | (8.32) | |
| Price to Book Value | (3.71) | (3.81) | |
| Tangible Assets Book Value per Share | 5.39 | 5.53 | |
| Enterprise Value | 270.5 M | 291.8 M | |
| Tangible Asset Value | 95.1 M | 102.6 M |
The analysis of Arena Group's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Arena Group's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Arena Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0314 | Forward Dividend Yield 0.0314 | Beta 0.193 |
Basic technical analysis of Arena Stock
As of the 30th of November, Arena Group shows the risk adjusted performance of (0.09), and Mean Deviation of 4.5. Arena Group Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Arena Group Holdings, which can be compared to its rivals. Please confirm Arena Group Holdings market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Arena Group Holdings is priced correctly, providing market reflects its regular price of 1.94 per share. Please also double-check Arena Group Holdings jensen alpha, which is currently at (0.92) to validate the company can sustain itself at a future point.Arena Group's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Arena Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Arena Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Arena Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Smith over three weeks ago Acquisition by Douglas Smith of 10000 shares of Arena Group subject to Rule 16b-3 | ||
Douglas Smith over six months ago Payment of 9858 shares by Douglas Smith of Arena Group subject to Rule 16b-3 | ||
Avi Zimak over six months ago Payment of 9412 shares by Avi Zimak of Arena Group subject to Rule 16b-3 |
Understand Arena Group's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Arena Group's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (6.64) | |||
| Mean Deviation | 4.5 | |||
| Coefficient Of Variation | (741.83) | |||
| Standard Deviation | 6.78 | |||
| Variance | 45.92 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (6.65) | |||
| Maximum Drawdown | 43.26 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 11.86 | |||
| Skewness | (0.41) | |||
| Kurtosis | 3.62 |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (6.64) | |||
| Mean Deviation | 4.5 | |||
| Coefficient Of Variation | (741.83) | |||
| Standard Deviation | 6.78 | |||
| Variance | 45.92 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (6.65) | |||
| Maximum Drawdown | 43.26 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 11.86 | |||
| Skewness | (0.41) | |||
| Kurtosis | 3.62 |
Arena Stock media impact
Far too much social signal, news, headlines, and media speculation about Arena Group that are available to investors today. That information is available publicly through Arena media outlets and privately through word of mouth or via Arena internal channels. However, regardless of the origin, that massive amount of Arena data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Arena Group news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Arena Group relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Arena Group's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Arena Group alpha.
Arena Group Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Arena Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Arena Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Arena Group
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 Arena Group 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 Arena Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Arena Stock
| + | 0.67 | OB | Outbrain | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.8 | TC | TuanChe ADR | PairCorr | ||
| + | 0.76 | ROI | RiskOn International | Symbol Change | PairCorr |
Moving against Arena Stock
| - | 0.84 | TME | Tencent Music Entert | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.55 | MAX | MediaAlpha | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.47 | YELP | Yelp Inc | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.82 | ROVR | Rover Group | Trending | PairCorr |
The ability to find closely correlated positions to Arena Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena Group 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 Arena Group - 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 Arena Group Holdings to buy it.
The correlation of Arena Group is a statistical measure of how it moves in relation to other equities. 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 Arena Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Group Holdings 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 Arena Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in banks. Note that the Arena Group Holdings information on this page should be used as a complementary analysis to other Arena Group'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Arena Stock analysis
When running Arena Group's price analysis, check to measure Arena Group'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 Arena Group is operating at the current time. Most of Arena Group's value examination focuses on studying past and present price action to predict the probability of Arena Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arena Group's price. Additionally, you may evaluate how the addition of Arena Group to your portfolios can decrease your overall portfolio volatility.
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Is Arena Group'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 Arena Group. If investors know Arena 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 Arena Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.92) | Revenue Per Share 11.313 | Quarterly Revenue Growth 0.107 | Return On Assets (0.15) |
The market value of Arena Group Holdings is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group'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 Arena Group's market value can be influenced by many factors that don't directly affect Arena Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Arena Group's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group'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.