Reshape Lifesciences Stock Analysis

ReShape Stock Analysis Notes

The company has price-to-book ratio of 0.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ReShape Lifesciences recorded a loss per share of 1.91. The entity last dividend was issued on the 25th of July 2019. The firm had 1:50 split on the 23rd of December 2022. ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. ReShape Lifesciences Inc. was incorporated in 2002 and is headquartered in San Clemente, California. Reshape Lifesciences operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 47 people. To find out more about ReShape Lifesciences contact Barton Bandy at 949 429 6680 or learn more at https://www.reshapelifesciences.com.

ReShape Lifesciences Investment Alerts

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ReShape Largest EPS Surprises

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ReShape Stock Institutional Investors

Note, although ReShape Lifesciences' 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.

ReShape Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ReShape Lifesciences's market, we take the total number of its shares issued and multiply it by ReShape Lifesciences'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.

ReShape Profitablity

The company has Profit Margin (PM) of (1.31) %, 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 (0.96) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.96.

Management Efficiency

ReShape Lifesciences has return on total asset (ROA) of (0.8392) % which means that it has lost $0.8392 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.2059) %, meaning that it created substantial loss on money invested by shareholders. ReShape Lifesciences' management efficiency ratios could be used to measure how well ReShape Lifesciences manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.11 in 2024. Return On Capital Employed is likely to drop to -2.21 in 2024. At this time, ReShape Lifesciences' Total Current Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 4 M in 2024, whereas Other Assets are likely to drop slightly above 111.4 K in 2024.

Technical Drivers

As of the 24th of April, ReShape Lifesciences holds the Risk Adjusted Performance of (0.05), coefficient of variation of (1,145), and Market Risk Adjusted Performance of (0.43). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ReShape Lifesciences, 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 were able to break down and interpolate thirteen technical drivers for ReShape Lifesciences, which can be compared to its competitors. Please check ReShape Lifesciences risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if ReShape Lifesciences is priced some-what accurately, providing market reflects its current price of 0.17 per share. As ReShape Lifesciences appears to be a penny stock we also advise to check out its jensen alpha numbers.

ReShape Lifesciences Price Movement Analysis

ReShape Lifesciences Insider Trading Activities

ReShape Lifesciences Predictive Daily Indicators

ReShape Lifesciences Forecast Models

ReShape Lifesciences' time-series forecasting models are one of many ReShape Lifesciences' 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 ReShape Lifesciences' 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 ReShape Lifesciences 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 ReShape 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 ReShape Lifesciences. By using and applying ReShape Stock analysis, traders can create a robust methodology for identifying ReShape 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. ReShape 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. ReShape 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.

ReShape Lifesciences stock analysis indicators help investors evaluate how ReShape Lifesciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ReShape Lifesciences shares will generate the highest return on investment. By understating and applying ReShape Lifesciences stock analysis, traders can identify ReShape Lifesciences 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 ReShape Lifesciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy ReShape Stock please use our How to Invest in ReShape Lifesciences guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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

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