Outset Medicalinc Stock Analysis

Outset Stock Analysis Notes

About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Outset MedicalInc has Price/Earnings To Growth (PEG) ratio of 0.06. The entity recorded a loss per share of 3.48. The firm had not issued any dividends in recent years. Outset Medical, Inc., a medical technology company, develops a hemodialysis system for dialysis. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California. Outset Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 444 people. To find out more about Outset MedicalInc contact Leslie Trigg at 669 231 8200 or learn more at https://www.outsetmedical.com.

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Outset MedicalInc Thematic Classifications

Outset Stock Institutional Investors

Note, although Outset MedicalInc'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.

Outset Market Capitalization

The company currently falls under 'Small-Cap' category with a market capitalization of 127.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Outset MedicalInc's market, we take the total number of its shares issued and multiply it by Outset MedicalInc'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.

Outset Profitablity

The company has Net Profit Margin (PM) of (1.33) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (1.22) %, which signifies that for every 100 dollars of sales, it has a net operating loss of $1.22.

Management Efficiency

Outset MedicalInc has Return on Asset (ROA) of (0.2973) % which means that for every 100 dollars spent on asset, it generated a loss of $0.2973. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.9369) %, which implies that it produced no returns to current stockholders. Outset MedicalInc's management efficiency ratios could be used to measure how well Outset MedicalInc manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to drop to -0.58. In addition to that, Return On Capital Employed is likely to drop to -0.69. At this time, Outset MedicalInc's Fixed Asset Turnover is very stable compared to the past year. As of the 24th of April 2024, Asset Turnover is likely to grow to 0.44, while Other Current Assets are likely to drop about 4.7 M.

Technical Drivers

As of the 24th of April, Outset MedicalInc holds the Variance of 37.95, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,556). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Outset MedicalInc, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for thirteen technical drivers for Outset MedicalInc, which can be compared to its competitors. Please check Outset MedicalInc risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Outset MedicalInc is priced some-what accurately, providing market reflects its current price of 2.55 per share. Please also confirm Outset MedicalInc jensen alpha, which is currently at (0.76) to check out the company can sustain itself at a future point.

Outset MedicalInc Price Movement Analysis

Outset MedicalInc Insider Trading Activities

Outset MedicalInc Predictive Daily Indicators

Outset MedicalInc Corporate Filings

Outset MedicalInc Forecast Models

Outset MedicalInc's time-series forecasting models are one of many Outset MedicalInc's stock analysis techniques aimed at predicting 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 Outset MedicalInc'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Outset MedicalInc 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 Outset 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 Outset MedicalInc. By using and applying Outset Stock analysis, traders can create a robust methodology for identifying Outset entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Outset 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. Outset 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.

Outset MedicalInc stock analysis indicators help investors evaluate how Outset MedicalInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Outset MedicalInc shares will generate the highest return on investment. By understating and applying Outset MedicalInc stock analysis, traders can identify Outset MedicalInc position entry and exit signals to maximize returns.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outset MedicalInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Outset Stock, please use our How to Invest in Outset MedicalInc guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

When running Outset MedicalInc's price analysis, check to measure Outset MedicalInc'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 Outset MedicalInc is operating at the current time. Most of Outset MedicalInc's value examination focuses on studying past and present price action to predict the probability of Outset MedicalInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outset MedicalInc's price. Additionally, you may evaluate how the addition of Outset MedicalInc to your portfolios can decrease your overall portfolio volatility.

Is Outset MedicalInc'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 Outset MedicalInc. If investors know Outset 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 Outset MedicalInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Outset MedicalInc is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset MedicalInc's value that differs from its market value or its book value, called intrinsic value, which is Outset MedicalInc'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 Outset MedicalInc's market value can be influenced by many factors that don't directly affect Outset MedicalInc'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 Outset MedicalInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset MedicalInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset MedicalInc'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.