Graybug Stock Analysis

GRAY -  USA Stock  

USD 5.05  0.69  12.02%

The big decline in price over the last few months for Graybug Visionmay raise some interest from investors. The stock closed today at a share price of 5.05 on very low momentum in trading volume. The company directors and management failed to add value to investors and positioning the firm supply of money to exploit market volatility in May. However, diversifying your holdings with Graybug Vision or any 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 6.44. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Graybug Vision partners.
Please check Risk vs Return Analysis.

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The Graybug Vision stock analysis report makes it easy to digest most publicly released information about Graybug Vision and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Graybug stock analysis module also helps to analyze the Graybug Vision price relationship with some important fundamental indicators such as market cap and management efficiency.

Graybug Stock Analysis Notes

The company had not issued any dividends in recent years. Graybug Vision, Inc., a clinical stage biopharmaceutical company, develops medicines for the treatment of diseases of the retina and optic nerve. Graybug Vision, Inc. was founded in 2011 and is based in Redwood City, California. GRAY New operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 24 people. To learn more about Graybug Vision call the company at 650-487-2800 or check out http://www.graybug.com.

Graybug Vision 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. Graybug Vision's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Graybug Vision or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Graybug Vision generates negative expected return over the last 90 days
Graybug Vision has high historical volatility and very poor performance
Graybug Vision has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (43.41 M).
Graybug Vision currently holds about 17.54 M in cash with (37.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41.
Graybug Vision has a frail financial position based on the latest SEC disclosures
Latest headline from www.equities.com: Graybug Vision Inc falls -5.2530 percent for June 16 - Equities.com

Graybug Vision Upcoming and Recent Events

Earnings reports are used by Graybug Vision 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 Graybug Vision 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 Report11th of August 2021
Next Earnings Report11th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End3rd of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Graybug Largest EPS Surprises

Earnings surprises can significantly impact Graybug Vision'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
2021-05-12
2021-03-31-0.46-0.54-0.0817 
2021-03-04
2020-12-31-0.4-1.38-0.98245 
2020-11-12
2020-09-30-0.56-2.52-1.96350 
View All Earnings Estimates

Graybug Vision SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Graybug Vision prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Graybug Vision 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 Graybug Vision specific information freely available to individual and institutional investors to make a timely investment decision.
4th of June 2021
Submission of Matters to a Vote of Security Holders
View
12th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
15th of April 2021
Unclassified Corporate Event
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12th of April 2021
Unclassified Corporate Event
View
26th of March 2021
Unclassified Corporate Event
View
5th of March 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
16th of February 2021
Unclassified Corporate Event
View
12th of February 2021
Unclassified Corporate Event
View

Graybug Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Graybug Vision is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Graybug Vision backward and forwards among themselves. Graybug Vision's institutional investor refers to the entity that pools money to purchase Graybug Vision'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.
Security TypeSharesValue
Deerfield Management Company Lp Series CCommon Shares5.3 M29.3 M
Orbimed Advisors LlcCommon Shares4.2 M23.1 M
Morgan StanleyCommon Shares927.7 K5.1 M
Blackrock IncCommon Shares322.6 K1.8 M
Vanguard Group IncCommon Shares238.8 K1.3 M
Grosvenor Holdings LlcCommon Shares216.5 K1.2 M
Novo Holdings ACommon Shares209.7 K1.2 M
Note, although Graybug Vision'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.

Graybug Profitablity

Graybug Vision's profitability indicators refer to fundamental financial ratios that showcase Graybug Vision's ability to generate income relative to its revenue or operating costs. If, let's say, Graybug Vision is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Graybug Vision'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 Graybug Vision's profitability requires more research than a typical breakdown of Graybug Vision's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets(0.49) (0.52) 
Return on Average Equity 8.50  7.08 
Return on Invested Capital(0.74) (0.80) 

Management Efficiency

Return on Average Assets is likely to drop to -0.52 in 2021. Return on Average Equity is likely to drop to 7.08 in 2021. Graybug Vision Assets Non Current are fairly stable at the moment as compared to the past year. Graybug Vision reported Assets Non Current of 2.55 Million in 2020. Tangible Assets Book Value per Share is likely to rise to 17.31 in 2021, whereas Total Assets are likely to drop slightly above 84.5 M in 2021. Graybug Vision management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2021
Book Value per Share 14.32  15.45 
Enterprise Value over EBIT(17.10) (18.45) 
Enterprise Value over EBITDA(17.04) (18.38) 
Price to Book Value 5.78  5.75 
Tangible Assets Book Value per Share 15.38  17.31 
Enterprise Value462.5 M459.8 M
Tangible Asset Value101.8 M84.5 M

Technical Drivers

As of the 19th of June, Graybug Vision retains the market risk adjusted performance of (0.38), and Risk Adjusted Performance of (0.036985). Graybug Vision 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 Graybug Vision, which can be compared to its competitors. Please check out Graybug Vision coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Graybug Vision is priced fairly, providing market reflects its last-minute price of 5.05 per share. Given that Graybug Vision has jensen alpha of (0.52), we strongly advise you to confirm Graybug Vision's regular market performance to make sure the company can sustain itself at a future point.

Graybug Vision Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Mid-point over period is an average of Graybug Vision highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period overlap studies indicator.

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

Graybug Vision Technical and Predictive Indicators

Graybug Vision Forecast Models

Graybug Vision time-series forecasting models is one of many Graybug Vision'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 Graybug Vision'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 stock market movement and maximize returns from investment trading.

About Graybug Vision Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Graybug Vision stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Graybug 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 Graybug Vision. By using and applying Graybug Stock analysis, traders can create a robust methodology for identifying Graybug entry and exit points for their positions.
Graybug Vision, Inc., a clinical stage biopharmaceutical company, develops medicines for the treatment of diseases of the retina and optic nerve. Graybug Vision, Inc. was founded in 2011 and is based in Redwood City, California. GRAY New operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 24 people.

Current Graybug Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Graybug 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. Graybug 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
4.75Hold4Odds
Graybug Vision current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Graybug 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 Graybug stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Graybug Vision, talking to its executives and customers, or listening to Graybug conference calls.
Graybug Analyst Advice Details

Graybug Stock Analysis Indicators

Graybug Vision stock analysis indicators help investors evaluate how Graybug Vision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Graybug Vision shares will generate the highest return on investment. By understating and applying Graybug Vision stock analysis, traders can identify Graybug Vision position entry and exit signals to maximize returns.
Quick Ratio2.44
Fifty Two Week Low15.55
Float Shares4.83M
Fifty Two Week High20.74
Average Daily Volume Last 10 Day1.95M
Average Daily Volume In Three Month1.95M
Enterprise Value To Ebitda-9.29
Fifty Day Average16.50
Two Hundred Day Average16.50
Please check Risk vs Return Analysis. Note that the Graybug Vision information on this page should be used as a complementary analysis to other Graybug Vision'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Graybug Vision price analysis, check to measure Graybug Vision'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 Graybug Vision is operating at the current time. Most of Graybug Vision's value examination focuses on studying past and present price action to predict the probability of Graybug Vision's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Graybug Vision's price. Additionally, you may evaluate how the addition of Graybug Vision to your portfolios can decrease your overall portfolio volatility.
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The market value of Graybug Vision is measured differently than its book value, which is the value of Graybug that is recorded on the company's balance sheet. Investors also form their own opinion of Graybug Vision's value that differs from its market value or its book value, called intrinsic value, which is Graybug Vision'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 Graybug Vision's market value can be influenced by many factors that don't directly affect Graybug Vision underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graybug Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine Graybug Vision value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graybug Vision'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.