Eargo Stock Quote Today


USD 1.23  0.10  7.52%   

Market Performance
5 of 100
Odds Of Distress
Over 66
Eargo is selling at 1.23 as of the 25th of September 2022; that is -7.52% down since the beginning of the trading day. The stock's lowest day price was 1.19. Eargo has more than 66 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Eargo Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2021 and ending today, the 25th of September 2022. Click here to learn more.
Eargo, Inc., a medical device company, engages in enhancing the quality of life of people with hearing loss in the United States. Eargo, Inc. was incorporated in 2010 and is headquartered in San Jose, California. Eargo operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 39.26 M outstanding shares of which 2.49 M shares are currently shorted by investors with about 1.84 days to cover. More on Eargo Inc

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Follow Valuation Odds of Bankruptcy
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Eargo Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eargo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eargo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Eargo Inc is way too risky over 90 days horizon
Eargo Inc may become a speculative penny stock
Eargo Inc appears to be risky and price may revert if volatility continues
Eargo Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 19.25 M. Reported Net Loss for the year was (174.78 M) with profit before taxes, overhead, and interest of 4.17 M.
Eargo Inc has about 89.23 M in cash with (109.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 62.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Eargo Announces Proxy Solicitation for 2022 Annual Meeting Launch of Proxy Solicitation Web Site - Yahoo Finance
ChairmanNorman Longworth
Average Analyst Recommendation
Analysts covering Eargo report their recommendations after researching Eargo's financial statements, talking to executives and customers, or listening in on Eargo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eargo Inc. The Eargo consensus assessment is calculated by taking the average forecast from all of the analysts covering Eargo.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Eargo's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Eargo Inc (EAR) is traded on NASDAQ Exchange in USA and employs 243 people. The company currently falls under 'Micro-Cap' category with total capitalization of 58.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eargo's market, we take the total number of its shares issued and multiply it by Eargo'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. Eargo Inc runs under Healthcare sector within Medical Devices industry. The entity has 39.26 M outstanding shares of which 2.49 M shares are currently shorted by investors with about 1.84 days to cover. Eargo Inc has about 89.23 M in cash with (109.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Eargo Probability Of Bankruptcy
Eargo holds a total of thirty-nine million two hundred sixty thousand outstanding shares. Over half of Eargo Inc outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Eargo. Please watch out for any change in the institutional holdings of Eargo Inc as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Eargo Ownership Details

Eargo Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Eargo jumping above the current price in 90 days from now is about 56.84%. The Eargo Inc probability density function shows the probability of Eargo stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.5407 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eargo will likely underperform. Moreover, the company has an alpha of 1.3564, implying that it can generate a 1.36 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1.23HorizonTargetOdds Above 1.23
43.09%90 days
Based on a normal probability distribution, the odds of Eargo to move above the current price in 90 days from now is about 56.84 (This Eargo Inc probability density function shows the probability of Eargo Stock to fall within a particular range of prices over 90 days) .

Eargo Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Eargo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eargo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eargo's value.
InstituionSecurity TypeTotal SharesValue
Nea Management Company LlcCommon Shares4.5 M3.4 M
Nan Fung Group Holdings LtdCommon Shares2.9 M2.2 M
Citadel Advisors LlcCall Options87.7 K66 K
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Eargo Inc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eargo market risk premium is the additional return an investor will receive from holding Eargo long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eargo. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eargo's alpha and beta are two of the key measurements used to evaluate Eargo's performance over the market, the standard measures of volatility play an important role as well.

Eargo Stock Against Markets

Picking the right benchmark for Eargo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eargo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eargo is critical whether you are bullish or bearish towards Eargo Inc at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eargo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eargo Corporate Directors

Eargo corporate directors refer to members of an Eargo board of directors. The board of directors generally takes responsibility for the Eargo's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eargo's board members must vote for the resolution. The Eargo board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robin Dean - DirectorProfile
Timothy Hanlon - DirectorProfile
Anthony MacIntosh - Non-Executive DirectorProfile
Simon Coxhell - DirectorProfile

Invested in Eargo Inc?

The danger of trading Eargo Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eargo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eargo. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eargo Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Eargo Inc information on this page should be used as a complementary analysis to other Eargo'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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