Icad Stock Analysis

ICAD
 Stock
  

USD 1.69  0.05  2.87%   

The big decline in price over the last few months for Icadmay raise some interest from shareholders. The stock closed today at a share price of 1.69 on 119,727 in trading volume. The company directors and management failed to add value to investors and position the firm supply of money to exploit market volatility in November. However, diversifying your holdings with Icad Inc 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 5.63. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Icad Inc partners.
Please see Risk vs Return Analysis.
  
The Icad stock analysis report makes it easy to digest most publicly released information about Icad and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Icad Stock analysis module also helps to analyze the Icad price relationship with some important fundamental indicators such as market cap and management efficiency.

Icad Stock Analysis Notes

About 49.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.23. Some equities with similar Price to Book (P/B) outperform the market in the long run. Icad Inc recorded a loss per share of 0.52. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2012. iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire. Icad operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 136 people. To learn more about Icad Inc call Kenneth Ferry at 603 882 5200 or check out https://www.icadmed.com.

Icad Inc 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. Icad's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Icad Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Icad Inc generated a negative expected return over the last 90 days
Icad Inc has high historical volatility and very poor performance
Icad Inc may become a speculative penny stock
The company reported the previous year's revenue of 33.64 M. Net Loss for the year was (11.24 M) with profit before overhead, payroll, taxes, and interest of 24.56 M.
Icad Inc currently holds about 27.18 M in cash with (9.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Icad Inc has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: In computer vision its the best on the worst that counts - Fortune

Icad Inc Upcoming and Recent Events

Earnings reports are used by Icad 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 Icad 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 Report23rd of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Icad Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-11-09
2021-09-30-0.08-0.09-0.0112 
2021-02-24
2020-12-31-0.07-0.060.0114 
2018-11-13
2018-09-30-0.07-0.060.0114 
View All Earnings Estimates

Icad SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Icad prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Icad 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 Icad Inc specific information freely available to individual and institutional investors to make a timely investment decision.
10th of August 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
View
8th of July 2022
Unclassified Corporate Event
View
6th of July 2022
Unclassified Corporate Event
View
22nd of June 2022
Submission of Matters to a Vote of Security Holders
View
31st of May 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
25th of May 2022
Entry into a Material Definitive Agreement
View
11th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
21st of April 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Results of Operations and Financial Condition
View

Icad Stock 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.
Security TypeSharesValue
Zebra Capital Management LlcCommon Shares33.2 K438 K
Zebra Capital Management LlcCommon Shares35.4 K312 K
Worth Venture Partners LlcCommon Shares444.5 K933 K
Worth Venture Partners LlcCommon Shares380.9 K1.6 M
Worth Venture Partners LlcCommon Shares14.4 K92 K
Wolverine Trading LlcCommon Shares20.6 K170 K
Wolverine Trading LlcPut Options14.6 K120 K
Wolverine Trading LlcCall Options11.7 K96 K
Wolverine Trading LlcCommon Shares13.1 K58 K
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 Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 46.31 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 these looking for more risk prefer small-cap and mid-cap equities.

Icad Profitablity

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.
The company has Profit Margin (PM) of (0.5) %, 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 (0.5) %, which suggests for every $100 dollars of sales, it generated a net operating loss of 0.0.
Last ReportedProjected for 2022
Return on Investment(25.55) (27.57) 
Return on Average Assets(19.10) (20.60) 
Return on Average Equity(29.19) (31.50) 
Return on Invested Capital(1.37) (1.48) 
Return on Sales(0.33) (0.36) 

Management Efficiency

The entity has return on total asset (ROA) of (0.1522) % which means that it has lost $0.1522 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.3362) %, meaning that it created substantial loss on money invested by shareholders. Icad management efficiency ratios could be used to measure how well icad inc manages its routine affairs as well as how well it operates its assets and liabilities. As of December 6, 2022, Return on Investment is expected to decline to -27.57. In addition to that, Return on Average Assets is expected to decline to -20.6. Icad Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 50.31 Million. The current year Assets Non Current is expected to grow to about 16.4 M, whereas Asset Turnover is forecasted to decline to 0.55.
Last ReportedProjected for 2022
Book Value per Share 1.88  1.78 
Enterprise Value over EBIT(13.00) (13.34) 
Enterprise Value over EBITDA(13.87) (14.96) 
Price to Book Value 3.89  5.83 
Tangible Assets Book Value per Share 2.15  1.93 
Enterprise Value146.3 M137.3 M
Tangible Asset Value53.1 M45.7 M

Technical Drivers

As of the 6th of December, Icad retains the market risk adjusted performance of (0.52), and Risk Adjusted Performance of (0.17). 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 1.69 per share. Please also validate Icad Inc total risk alpha, which is currently at (0.92) to confirm the company can sustain itself at a future point.

Icad Inc Price Movement Analysis

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Icad Inc 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.

Icad Predictive Daily 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.

Icad Forecast Models

Icad time-series forecasting models is one of many Icad'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 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.

About Icad Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Icad 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 Icad 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 Icad. By using and applying Icad Stock analysis, traders can create a robust methodology for identifying Icad entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(31.90) (34.42) 
EBITDA Margin(32.08) (34.61) 
Gross Margin 72.07  79.98 
Profit Margin(33.43) (36.07) 

Current Icad Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Icad 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. Icad 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
20.75Strong Buy4Odds
Icad Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Icad 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 Icad stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Icad Inc, talking to its executives and customers, or listening to Icad conference calls.
Icad Analyst Advice Details

Icad Stock Analysis Indicators

Icad Inc stock analysis indicators help investors evaluate how Icad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Icad shares will generate the highest return on investment. By understating and applying Icad stock analysis, traders can identify Icad position entry and exit signals to maximize returns.
Begin Period Cash Flow27186000.00
Logo U R LimglogosUSICAD.png
Common Stock Shares Outstanding22140000.00
Total Stockholder Equity46517000.00
DescriptioniCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. It operates through two segments, Cancer Detection and Cancer Therapy. The company offers PowerLook platform, which hosts the AI algorithm solutions
Total Cashflows From Investing Activities-587000.00
Tax Provision1000.00
Property Plant And Equipment Net1941000.00
Retained Earnings-253180000.00
Cash And Short Term Investments34282000.00
Retained Earnings Total Equity-253180000.00
Cash34282000.00
CodeICAD
Accounts Payable2779000.00
Net Debt-33393000.00
50 Day M A1.9534
Total Current Liabilities14962000.00
Currency CodeUSD
Other Operating Expenses44370000.00
Non Current Assets Total11885000.00
Common Stock Total Equity253000.00
Non Currrent Assets Other899000.00
Please see Risk vs Return Analysis. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Icad Inc price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
46.3 M
Quarterly Revenue Growth YOY
(0.32) 
Return On Assets
(0.15) 
Return On Equity
(0.34) 
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine Icad value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.