ConforMIS Stock Analysis

CFMS
 Stock
  

USD 3.22  0.42  15.00%   

The big decline in price over the last few months for ConforMIS could raise concerns from retail investors as the firm is trading at a share price of 3.22 on 147,502 in volume. The company executives failed to add value to investors and position the firm supply of money to exploit market volatility in November. However, diversifying your holdings with ConforMIS or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 9.5. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the ConforMIS partners.
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The ConforMIS stock analysis report makes it easy to digest most publicly released information about ConforMIS and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. ConforMIS Stock analysis module also helps to analyze the ConforMIS price relationship with some important fundamental indicators such as market cap and management efficiency.

ConforMIS Stock Analysis Notes

About 45.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.3. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConforMIS has Price/Earnings To Growth (PEG) ratio of 0.21. The entity recorded a loss per share of 0.04. The firm had not issued any dividends in recent years. ConforMIS had 1:25 split on the 10th of November 2022. Conformis, Inc., a medical technology company, develops, manufactures, and sells patient-specific products and instrumentation. Conformis, Inc. was incorporated in 2004 and is headquartered in Billerica, Massachusetts. Conformis Inc operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 310 people. For more info on ConforMIS please contact Philipp Lang at 781 345 9001 or go to https://www.conformis.com.

ConforMIS Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ConforMIS's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ConforMIS or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ConforMIS generated a negative expected return over the last 90 days
ConforMIS has high historical volatility and very poor performance
The company reported the previous year's revenue of 99.86 M. Net Loss for the year was (2.41 M) with profit before overhead, payroll, taxes, and interest of 65.68 M.
ConforMIS currently holds about 72.64 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39.
ConforMIS has a frail financial position based on the latest SEC disclosures

ConforMIS Upcoming and Recent Events

Earnings reports are used by ConforMIS to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ConforMIS 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.
Upcoming Quarterly Report2nd of March 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

ConforMIS Largest EPS Surprises

Earnings surprises can significantly impact ConforMIS'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-03-02
2019-12-31-0.1-0.080.0220 
2019-10-30
2019-09-30-0.11-0.13-0.0218 
2019-02-06
2018-12-31-0.18-0.160.0211 
View All Earnings Estimates

ConforMIS SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. ConforMIS prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that ConforMIS 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 ConforMIS specific information freely available to individual and institutional investors to make a timely investment decision.
8th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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1st of July 2022
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
View
16th of May 2022
Other Events
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9th of May 2022
Other Events. Submission of Matters to a Vote of Security Holders
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4th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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7th of April 2022
Unclassified Corporate Event
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14th of March 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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11th of March 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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ConforMIS Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 19.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ConforMIS's market, we take the total number of its shares issued and multiply it by ConforMIS'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 these looking for more risk prefer small-cap and mid-cap equities.

ConforMIS Profitablity

ConforMIS's profitability indicators refer to fundamental financial ratios that showcase ConforMIS's ability to generate income relative to its revenue or operating costs. If, let's say, ConforMIS is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ConforMIS'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 ConforMIS's profitability requires more research than a typical breakdown of ConforMIS's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.04) %, 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 (0.88) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.01.
Last ReportedProjected for 2022
Return on Investment(3.82) (4.13) 
Return on Average Assets(2.23) (2.40) 
Return on Average Equity(4.31) (4.65) 
Return on Invested Capital 0.019  0.0205 
Return on Sales 0.012  0.0129 

Management Efficiency

The entity has return on total asset (ROA) of (0.2521) % which means that it has lost $0.2521 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.7134) %, meaning that it created substantial loss on money invested by shareholders. ConforMIS management efficiency ratios could be used to measure how well conformis manages its routine affairs as well as how well it operates its assets and liabilities. ConforMIS Return on Invested Capital is relatively stable at the moment as compared to the past year. ConforMIS reported last year Return on Invested Capital of 0.019. As of 12/01/2022, Return on Sales is likely to grow to 0.0129, while Return on Investment is likely to drop (4.13) . ConforMIS Assets Non Current are relatively stable at the moment as compared to the past year. ConforMIS reported last year Assets Non Current of 18.46 Million. As of 12/01/2022, Goodwill and Intangible Assets is likely to grow to about 128.6 K, while Current Assets are likely to drop slightly above 112.8 M.
Last ReportedProjected for 2022
Book Value per Share 0.60  0.62 
Enterprise Value over EBIT 63.00  67.97 
Enterprise Value over EBITDA 10.66  11.50 
Price to Book Value 1.41  2.20 
Tangible Assets Book Value per Share 0.87  0.90 
Enterprise Value73.4 M113.5 M
Tangible Asset Value145.3 M131.7 M

Technical Drivers

As of the 1st of December, ConforMIS shows the mean deviation of 6.49, and Risk Adjusted Performance of (0.13). ConforMIS 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 have collected data for nineteen technical drivers for ConforMIS, which can be compared to its rivals. Please confirm ConforMIS coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if ConforMIS is priced correctly, providing market reflects its regular price of 3.22 per share. Given that ConforMIS has jensen alpha of (0.85), we suggest you to validate ConforMIS's prevailing market performance to make sure the company can sustain itself at a future point.

ConforMIS Price Movement Analysis

The output start index for this execution was eighteen with a total number of output elements of fourty-three. ConforMIS Triple Exponential Moving Average indicator shows smoothing effect of ConforMIS price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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ConforMIS 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 ConforMIS insiders, such as employees or executives, is commonly permitted as long as it does not rely on ConforMIS'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 ConforMIS 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.

ConforMIS Predictive Daily Indicators

ConforMIS 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 ConforMIS 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.

ConforMIS Forecast Models

ConforMIS time-series forecasting models is one of many ConforMIS's stock analysis techniquest 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 ConforMIS'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.

About ConforMIS Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ConforMIS prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ConforMIS shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as ConforMIS. By using and applying ConforMIS Stock analysis, traders can create a robust methodology for identifying ConforMIS entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(3.01) (3.25) 
EBITDA Margin 5.38  5.81 
Gross Margin 65.77  52.43 
Profit Margin(2.42) (2.61) 

Current ConforMIS Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ConforMIS analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ConforMIS analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
2.0Strong Buy2Odds
ConforMIS current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ConforMIS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ConforMIS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ConforMIS, talking to its executives and customers, or listening to ConforMIS conference calls.
ConforMIS Analyst Advice Details

ConforMIS Stock Analysis Indicators

ConforMIS stock analysis indicators help investors evaluate how ConforMIS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ConforMIS shares will generate the highest return on investment. By understating and applying ConforMIS stock analysis, traders can identify ConforMIS position entry and exit signals to maximize returns.
Begin Period Cash Flow29135000.00
Logo U R LimglogosUSCFMS.png
Common Stock Shares Outstanding6668530.44
Total Stockholder Equity100552000.00
DescriptionConformis, Inc., a medical technology company, develops, manufactures, and sells patient-specific products and instrumentation. The company offers personalized knee replacement products, including iUni, iDuo, a custom-made partial knee replacement option for either unicompa
Total Cashflows From Investing Activities-2300000.00
Tax Provision91000.00
Property Plant And Equipment Net17804000.00
Retained Earnings-530851000.00
Cash And Short Term Investments100556000.00
Retained Earnings Total Equity-530851000.00
Cash100556000.00
CodeCFMS
Accounts Payable6557000.00
Net Debt-70070000.00
50 Day M A3.419
Total Current Liabilities17963000.00
Currency CodeUSD
Other Operating Expenses102868000.00
Non Current Assets Total18458000.00
Common Stock Total Equity2000.00
Non Currrent Assets Other654000.00
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When running ConforMIS price analysis, check to measure ConforMIS'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 ConforMIS is operating at the current time. Most of ConforMIS's value examination focuses on studying past and present price action to predict the probability of ConforMIS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ConforMIS's price. Additionally, you may evaluate how the addition of ConforMIS to your portfolios can decrease your overall portfolio volatility.
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Is ConforMIS'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 ConforMIS. If investors know ConforMIS 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 ConforMIS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
19.1 M
Quarterly Revenue Growth YOY
(0.033) 
Return On Assets
(0.25) 
Return On Equity
(0.71) 
The market value of ConforMIS is measured differently than its book value, which is the value of ConforMIS that is recorded on the company's balance sheet. Investors also form their own opinion of ConforMIS's value that differs from its market value or its book value, called intrinsic value, which is ConforMIS'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 ConforMIS's market value can be influenced by many factors that don't directly affect ConforMIS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConforMIS's value and its price as these two are different measures arrived at by different means. Investors typically determine ConforMIS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConforMIS'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.