Is Icad Stock a Good Investment?

Icad Investment Advice

ICAD

To provide specific investment advice or recommendations on icad inc stock, we recommend investors consider the following general factors when evaluating icad inc. This will help you to make an informed decision on whether to include Icad in one of your diversified portfolios:

Examine Icad'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 Icad's leadership team and their track record. Good management can help Icad navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Health Care Technology space and any emerging trends that could impact Icad's business and its evolving consumer preferences.
Compare Icad's performance and market position to its competitors. Analyze how Icad is positioned in terms of product offerings, innovation, and market share.
Check if Icad pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Icad'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 icad inc 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 icad inc is a good investment.

Sell

Buy

Strong Sell

We provide advice to complement the regular expert consensus on Icad. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure icad inc is not overpriced, please check out all Icad fundamentals, including its operating margin, shares owned by institutions, price to sales, as well as the relationship between the shares outstanding and price to earning . Please also validate icad inc price to earning to confirm your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Market Performance	Insignificant	Details
Volatility	Dangerous	Details
Hype Condition	Under hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Hyperactively responds to market trends	Details
Investor Sentiment	Interested	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Poor	Details
Financial Leverage	Inapplicable	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Icad Stock

Researching Icad'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 29.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.33. Some equities with similar Price to Book (P/B) outperform the market in the long run. icad inc recorded a loss per share of 0.27. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2012.

To determine if Icad 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 Icad's research are outlined below:

	icad inc had very high historical volatility over the last 90 days
	icad inc may become a speculative penny stock
	The company reported the previous year's revenue of 17.32 M. Net Loss for the year was (7.01 M) with profit before overhead, payroll, taxes, and interest of 20.11 M.
	icad inc currently holds about 27.18 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
	icad inc has a poor financial position based on the latest SEC disclosures
	Latest headline from globenewswire.com: iCADs ProFound AI Suite Uncovers Hidden Heart Disease Risk According to New Data Presented at American College of Cardiology Meeting

Icad Quarterly Liabilities And Stockholders Equity

41.42 Million

Icad 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 icad inc. 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 Icad'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.

	26th of March 2024 Upcoming Quarterly Report	View
	31st of December 2023 Next Fiscal Quarter End	View

Earnings surprises can significantly impact Icad'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 Icad's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2021-11-09	2021-09-30	-0.08	-0.09	-0.01	12
2021-02-24	2020-12-31	-0.07	-0.06	0.01	14
2018-11-13	2018-09-30	-0.07	-0.06	0.01	14
2014-10-28	2014-09-30	0.03	0.02	-0.01	33
2023-03-28	2022-12-31	-0.14	-0.12	0.02	14
2022-11-10	2022-09-30	-0.13	-0.15	-0.02	15
2022-05-11	2022-03-31	-0.12	-0.14	-0.02	16
2020-02-27	2019-12-31	-0.12	-0.1	0.02	16

Know Icad's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Icad is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading icad inc backward and forwards among themselves. Icad's institutional investor refers to the entity that pools money to purchase Icad's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Perritt Capital Management Inc.	2023-12-31	130.3 K
Dimensional Fund Advisors, Inc.	2023-12-31	97.9 K
Morgan Stanley - Brokerage Accounts	2023-12-31	84.8 K
Bridgeway Capital Management, Llc	2023-12-31	74.6 K
State Street Corporation	2023-12-31	72.1 K
Squarepoint Ops Llc	2023-12-31	60.9 K
Millennium Management Llc	2023-12-31	57.4 K
Susquehanna International Group, Llp	2023-12-31	52.8 K
Schonfeld Strategic Advisors Llc	2023-09-30	49.3 K
Portolan Capital Management, Llc	2023-12-31	1.2 M
Vanguard Group Inc	2023-12-31	1.1 M

Note, although Icad's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Icad's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 41.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Icad's market, we take the total number of its shares issued and multiply it by Icad'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

45.69 Million

Icad's profitablity analysis

Icad's profitability indicators refer to fundamental financial ratios that showcase Icad's ability to generate income relative to its revenue or operating costs. If, let's say, Icad is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Icad'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 Icad's profitability requires more research than a typical breakdown of Icad'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 Next Year
Return On Tangible Assets	(0.23)	(0.24)
Return On Capital Employed	(0.22)	(0.23)
Return On Assets	(0.18)	(0.19)
Return On Equity	(0.22)	(0.23)

The company has Profit Margin (PM) of (0.28) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.15.

Determining Icad's profitability involves analyzing its financial statements and using various financial metrics to determine if Icad is a good buy. For example, gross profit margin measures Icad'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 Icad's profitability and make more informed investment decisions.

The data published in Icad's official financial statements usually reflect Icad'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 icad inc. For example, before you start analyzing numbers published by Icad accountants, it's critical to develop an understanding of what Icad's liquidity, profitability, and earnings quality are in the context of the Health Care Technology space in which it operates.

Please note, the presentation of Icad'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, Icad's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Icad's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of icad inc. Please utilize our Beneish M Score to check the likelihood of Icad's management manipulating its earnings.

Evaluate Icad's management efficiency

icad inc has return on total asset (ROA) of (0.1032) % which means that it has lost $0.1032 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2052) %, meaning that it created substantial loss on money invested by shareholders. Icad's management efficiency ratios could be used to measure how well Icad manages its routine affairs as well as how well it operates its assets and liabilities. As of April 25, 2024, Return On Tangible Assets is expected to decline to -0.24. In addition to that, Return On Capital Employed is expected to decline to -0.23. At present, Icad's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 11.18, whereas Other Current Assets are forecasted to decline to about 681 K.

	Last Reported	Projected for Next Year
Book Value Per Share	1.30	1.24
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	0.97	1.65
Enterprise Value Over EBITDA	(3.31)	(3.15)
Price Book Value Ratio	1.36	1.29
Enterprise Value Multiple	(3.31)	(3.15)
Price Fair Value	1.36	1.29
Enterprise Value	56.4 M	44.9 M

The analysis of Icad'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 Icad'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 Icad Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Beta

1.347

Basic technical analysis of Icad Stock

As of the 25th of April, Icad retains the Risk Adjusted Performance of 0.0283, downside deviation of 5.23, and Market Risk Adjusted Performance of 0.0926. Icad technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for icad inc, which can be compared to its competitors. Please check out icad inc variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Icad is priced fairly, providing market reflects its last-minute price of 1.56 per share. Please also validate icad inc total risk alpha, which is currently at (0.62) to confirm the company can sustain itself at a future point.

Icad'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 Icad insiders, such as employees or executives, is commonly permitted as long as it does not rely on Icad'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 Icad 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.

		Sassine Andy over three weeks ago Acquisition by Sassine Andy of 25259 shares of Icad at 1.52 subject to Rule 16b-3
		Susan Wood over a month ago Acquisition by Susan Wood of 3879 shares of Icad subject to Rule 16b-3
		Hricak Hedvig over two months ago Insider Trading
		Susan Wood over three months ago Acquisition by Susan Wood of 30000 shares of Icad subject to Rule 16b-3
		Susan Wood over six months ago Acquisition by Susan Wood of 13137 shares of Icad subject to Rule 16b-3

Understand Icad's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Icad'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	0.0283
	Market Risk Adjusted Performance	0.0926
	Mean Deviation	3.75
	Semi Deviation	4.69
	Downside Deviation	5.23
	Coefficient Of Variation	3219.7
	Standard Deviation	5.79
	Variance	33.5
	Information Ratio	0.0146
	Jensen Alpha	(0.01)
	Total Risk Alpha	(0.62)
	Sortino Ratio	0.0161
	Treynor Ratio	0.0826
	Maximum Drawdown	35.6
	Value At Risk	(6.88)
	Potential Upside	10.64
	Downside Variance	27.38
	Semi Variance	22.02
	Expected Short fall	(4.59)
	Skewness	0.968
	Kurtosis	3.92

	Risk Adjusted Performance	0.0283
	Market Risk Adjusted Performance	0.0926
	Mean Deviation	3.75
	Semi Deviation	4.69
	Downside Deviation	5.23
	Coefficient Of Variation	3219.7
	Standard Deviation	5.79
	Variance	33.5
	Information Ratio	0.0146
	Jensen Alpha	(0.01)
	Total Risk Alpha	(0.62)
	Sortino Ratio	0.0161
	Treynor Ratio	0.0826
	Maximum Drawdown	35.6
	Value At Risk	(6.88)
	Potential Upside	10.64
	Downside Variance	27.38
	Semi Variance	22.02
	Expected Short fall	(4.59)
	Skewness	0.968
	Kurtosis	3.92

Consider Icad's intraday indicators

Icad intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Icad stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0994
	Daily Balance Of Power	0.25
	Rate Of Daily Change	1.03
	Day Median Price	1.53
	Day Typical Price	1.54
	Market Facilitation Index	0.16
	Price Action Indicator	0.05
	Period Momentum Indicator	0.04
	Relative Strength Index	34.23

Icad time-series forecasting models is one of many Icad's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Icad's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Icad Stock media impact

Far too much social signal, news, headlines, and media speculation about Icad that are available to investors today. That information is available publicly through Icad media outlets and privately through word of mouth or via Icad internal channels. However, regardless of the origin, that massive amount of Icad 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 Icad 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 Icad 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 Icad's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Icad alpha.

Icad Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Icad 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 Icad 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.

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Icad Corporate Directors

Icad corporate directors refer to members of an Icad board of directors. The board of directors generally takes responsibility for the Icad's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Icad's board members must vote for the resolution. The Icad board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Andrew Sassine	Director	Profile
Susan Wood	Director	Profile
Robert Goodman	Director	Profile
Elliot Sussman	Independent Director	Profile

How to buy Icad Stock?

Examine Icad'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 Icad's leadership team and their track record. Good management can help Icad navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Health Care Technology space and any emerging trends that could impact Icad's business and its evolving consumer preferences.
Compare Icad's performance and market position to its competitors. Analyze how Icad is positioned in terms of product offerings, innovation, and market share.
Check if Icad pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Icad's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in icad inc?

The danger of trading icad inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Icad is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Icad. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile icad inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports: