Is TechPrecision Common Stock a Good Investment?
TechPrecision Common Investment Advice | TPCS |
- Examine TechPrecision Common'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 TechPrecision Common's leadership team and their track record. Good management can help TechPrecision Common navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact TechPrecision Common's business and its evolving consumer preferences.
- Compare TechPrecision Common's performance and market position to its competitors. Analyze how TechPrecision Common is positioned in terms of product offerings, innovation, and market share.
- Check if TechPrecision Common pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TechPrecision Common'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 TechPrecision Common 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 TechPrecision Common is a good investment.
Sell | Buy |
Sell
Market Performance | Modest | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine TechPrecision Common Stock
Researching TechPrecision Common'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 16.0% of the company shares are owned by institutional investors. The book value of TechPrecision Common was at this time reported as 1.47. The company has Price/Earnings (P/E) ratio of 580.0. TechPrecision Common recorded a loss per share of 0.34. The entity had not issued any dividends in recent years. The firm had 1:4 split on the 24th of February 2023.
To determine if TechPrecision Common 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 TechPrecision Common's research are outlined below:
| TechPrecision Common is way too risky over 90 days horizon | |
| TechPrecision Common appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 31.43 M. Net Loss for the year was (979.01 K) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| TechPrecision Common has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Disposition of 15000 shares by Andrew Levy of TechPrecision Common subject to Rule 16b-3 |
TechPrecision Common Quarterly Liabilities And Stockholders Equity |
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TechPrecision Common 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 TechPrecision Common. 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 TechPrecision Common'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.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
TechPrecision Common's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 42.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TechPrecision Common's market, we take the total number of its shares issued and multiply it by TechPrecision Common'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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TechPrecision Common's profitablity analysis
TechPrecision Common's profitability indicators refer to fundamental financial ratios that showcase TechPrecision Common's ability to generate income relative to its revenue or operating costs. If, let's say, TechPrecision Common is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, TechPrecision Common'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 TechPrecision Common's profitability requires more research than a typical breakdown of TechPrecision Common'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 | (0.03) | (0.03) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.08) | (0.08) |
Determining TechPrecision Common's profitability involves analyzing its financial statements and using various financial metrics to determine if TechPrecision Common is a good buy. For example, gross profit margin measures TechPrecision Common'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 TechPrecision Common's profitability and make more informed investment decisions.
The data published in TechPrecision Common's official financial statements usually reflect TechPrecision Common'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 TechPrecision Common. For example, before you start analyzing numbers published by TechPrecision accountants, it's critical to develop an understanding of what TechPrecision Common's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of TechPrecision Common'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, TechPrecision Common's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in TechPrecision Common's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TechPrecision Common. Please utilize our Beneish M Score to check the likelihood of TechPrecision Common's management manipulating its earnings.
Evaluate TechPrecision Common's management efficiency
TechPrecision Common has return on total asset (ROA) of (0.0479) % which means that it has lost $0.0479 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2057) %, meaning that it created substantial loss on money invested by shareholders. TechPrecision Common's management efficiency ratios could be used to measure how well TechPrecision Common manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.03 in 2024. Return On Capital Employed is likely to gain to -0.04 in 2024. At this time, TechPrecision Common's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 26.1 M in 2024, whereas Total Current Assets are likely to drop slightly above 8.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.95 | 1.66 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 1.95 | 1.66 | |
| Enterprise Value Over EBITDA | 56.25 | 59.06 | |
| Price Book Value Ratio | 4.79 | 4.55 | |
| Enterprise Value Multiple | 56.25 | 59.06 | |
| Price Fair Value | 4.79 | 4.55 | |
| Enterprise Value | 64.9 M | 68.1 M |
The analysis of TechPrecision Common'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 TechPrecision Common'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 TechPrecision Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.484 |
Basic technical analysis of TechPrecision Stock
As of the 30th of April, TechPrecision Common has the Risk Adjusted Performance of 0.0585, semi deviation of 3.75, and Coefficient Of Variation of 1299.81. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TechPrecision Common, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for TechPrecision Common, which can be compared to its competition. Please validate TechPrecision Common information ratio, as well as the relationship between the potential upside and kurtosis to decide if TechPrecision Common is priced more or less accurately, providing market reflects its prevalent price of 4.8 per share. Given that TechPrecision Common has jensen alpha of 0.5931, we advise you to double-check TechPrecision Common's current market performance to make sure the company can sustain itself at a future point.TechPrecision Common'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 TechPrecision Common insiders, such as employees or executives, is commonly permitted as long as it does not rely on TechPrecision Common'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 TechPrecision Common 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.
Andrew Levy over a week ago Disposition of 15000 shares by Andrew Levy of TechPrecision Common subject to Rule 16b-3 | ||
Andrew Levy over a month ago Disposition of 1800 shares by Andrew Levy of TechPrecision Common at 8.05 subject to Rule 16b-3 | ||
Alexander Shen over a month ago Acquisition by Alexander Shen of 10000 shares of TechPrecision Common subject to Rule 16b-3 | ||
Walter Schenker over six months ago Acquisition by Walter Schenker of 6250 shares of TechPrecision Common subject to Rule 16b-3 | ||
Thomas Sammons over six months ago Exercise or conversion by Thomas Sammons of 125000 shares of TechPrecision Common subject to Rule 16b-3 |
Understand TechPrecision Common's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TechPrecision Common'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 | 0.0585 | |||
| Market Risk Adjusted Performance | 1.63 | |||
| Mean Deviation | 4.32 | |||
| Semi Deviation | 3.75 | |||
| Downside Deviation | 4.3 | |||
| Coefficient Of Variation | 1299.81 | |||
| Standard Deviation | 8.08 | |||
| Variance | 65.31 | |||
| Information Ratio | 0.0696 | |||
| Jensen Alpha | 0.5931 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1309 | |||
| Treynor Ratio | 1.62 | |||
| Maximum Drawdown | 58.98 | |||
| Value At Risk | (7.11) | |||
| Potential Upside | 8.9 | |||
| Downside Variance | 18.45 | |||
| Semi Variance | 14.05 | |||
| Expected Short fall | (6.28) | |||
| Skewness | 4.39 | |||
| Kurtosis | 27.77 |
| Risk Adjusted Performance | 0.0585 | |||
| Market Risk Adjusted Performance | 1.63 | |||
| Mean Deviation | 4.32 | |||
| Semi Deviation | 3.75 | |||
| Downside Deviation | 4.3 | |||
| Coefficient Of Variation | 1299.81 | |||
| Standard Deviation | 8.08 | |||
| Variance | 65.31 | |||
| Information Ratio | 0.0696 | |||
| Jensen Alpha | 0.5931 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1309 | |||
| Treynor Ratio | 1.62 | |||
| Maximum Drawdown | 58.98 | |||
| Value At Risk | (7.11) | |||
| Potential Upside | 8.9 | |||
| Downside Variance | 18.45 | |||
| Semi Variance | 14.05 | |||
| Expected Short fall | (6.28) | |||
| Skewness | 4.39 | |||
| Kurtosis | 27.77 |
Consider TechPrecision Common's intraday indicators
TechPrecision Common 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 TechPrecision Common 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.
TechPrecision Common Corporate Filings
8K | 9th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 1st of March 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 15th of February 2024 Other Reports | ViewVerify | |
F4 | 8th of November 2023 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
TechPrecision Stock media impact
Far too much social signal, news, headlines, and media speculation about TechPrecision Common that are available to investors today. That information is available publicly through TechPrecision media outlets and privately through word of mouth or via TechPrecision internal channels. However, regardless of the origin, that massive amount of TechPrecision 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 TechPrecision Common 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 TechPrecision Common 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 TechPrecision Common's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TechPrecision Common alpha.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TechPrecision Common 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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TechPrecision Common Corporate Directors
TechPrecision Common corporate directors refer to members of a TechPrecision Common board of directors. The board of directors generally takes responsibility for the TechPrecision Common'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 TechPrecision Common's board members must vote for the resolution. The TechPrecision Common board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Philip Dur | Independent Director | Profile | |
| Andrew Levy | Independent Director | Profile | |
| Michael Holly | Independent Director | Profile | |
| Robert Isaman | Independent Director | Profile |
How to buy TechPrecision Stock?
To provide specific investment advice or recommendations on TechPrecision Common stock, we recommend investors consider the following general factors when evaluating TechPrecision Common. This will help you to make an informed decision on whether to include TechPrecision Common in one of your diversified portfolios:- Examine TechPrecision Common'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 TechPrecision Common's leadership team and their track record. Good management can help TechPrecision Common navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact TechPrecision Common's business and its evolving consumer preferences.
- Compare TechPrecision Common's performance and market position to its competitors. Analyze how TechPrecision Common is positioned in terms of product offerings, innovation, and market share.
- Check if TechPrecision Common pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TechPrecision Common'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 TechPrecision Common 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 TechPrecision Common is a good investment.
Already Invested in TechPrecision Common?
The danger of trading TechPrecision Common 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 TechPrecision Common 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 TechPrecision Common. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TechPrecision Common 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 TechPrecision Common is a strong investment it is important to analyze TechPrecision Common'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 TechPrecision Common's future performance. For an informed investment choice regarding TechPrecision Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common'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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for TechPrecision Stock analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
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Is TechPrecision Common'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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 3.515 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) | Return On Equity (0.21) |
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price, as these two are different measures arrived at by various means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.