Field Stock Today

FTRP
 Stock
  

USD 0.85  0.02  2.41%   

Market Performance
0 of 100
Odds Of Distress
Over 57
Field Trip is selling at 0.85 as of the 29th of June 2022; that is 2.41 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.8. Field Trip has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Field Trip Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of July 2020 and ending today, the 29th of June 2022. Click here to learn more.
Fiscal Year End
March
IPO Date
29th of July 2021
Category
Healthcare
ISIN
CA31656R1029
Field Trip Health Ltd. engages in the development and delivery of psychedelic therapies in North America. Field Trip Health Ltd. was founded in 2008 and is headquartered in Toronto, Canada. Field Trip operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. The company has 57.79 M outstanding shares of which 322.14 K shares are currently shorted by private and institutional investors with about 3.33 trading days to cover. More on Field Trip Health

Moving together with Field Trip

0.9LFSTLifestance Health Downward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
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Field Trip 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Field Trip's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Field Trip or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Field Trip Health generated a negative expected return over the last 90 days
Field Trip Health has high historical volatility and very poor performance
Field Trip Health has some characteristics of a very speculative penny stock
Field Trip Health has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 3.66 M. Net Loss for the year was (48.47 M) with loss before overhead, payroll, taxes, and interest of (583.43 K).
Field Trip Health currently holds about 74.47 M in cash with (41.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Field Trip Health has a frail financial position based on the latest SEC disclosures
Roughly 23.0% of the company shares are held by company insiders
Latest headline from theprovince.com: Field Trip Health Ltd. Announces Voting Results From Special Shareholder Meeting - The Province
Fama & French Classification
Average Analyst Recommendation
Analysts covering Field Trip report their recommendations after researching Field Trip's financial statements, talking to executives and customers, or listening in on Field Trip's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Field Trip Health. The Field consensus assessment is calculated by taking the average forecast from all of the analysts covering Field Trip.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Field Trip Health based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Field Trip Health financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares51.3 M51.6 M
Slightly Down
Decreasing
Slightly volatile
Total Assets116.8 M145.4 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities12.1 M14.8 M
Significantly Down
Increasing
Slightly volatile
Current Assets106.8 M133.5 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities6.1 M7.4 M
Significantly Down
Increasing
Slightly volatile
Total Debt7.2 M8.6 M
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.01250.0126
Slightly Down
Decreasing
Slightly volatile
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 Field Trip's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Field Trip's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Field Trip's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Field Trip's financial leverage. It provides some insight into what part of Field Trip's total assets is financed by creditors.
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Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Field Trip's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Field Trip deploys its capital and how much of that capital is borrowed.
Liquidity
Field Trip cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 24.77 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Field Trip Health has a current ratio of 9.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Field Trip until it has trouble settling it off, either with new capital or with free cash flow. So, Field Trip's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Field Trip Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Field to invest in growth at high rates of return. When we think about Field Trip's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(15.16 Million)Share
Field Trip Health (FTRP) is traded on NASDAQ Exchange in USA. It is located in 30 Duncan Street and employs 104 people. Field Trip is listed under Healthcare category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 48.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Field Trip's market, we take the total number of its shares issued and multiply it by Field Trip'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. Field Trip Health conducts business under Healthcare sector and is part of Medical Care Facilities industry. The entity has 57.79 M outstanding shares of which 322.14 K shares are currently shorted by private and institutional investors with about 3.33 trading days to cover. Field Trip Health currently holds about 74.47 M in cash with (41.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Field Trip Probability Of Bankruptcy
Ownership
Field Trip Health retains a total of 57.79 Million outstanding shares. Field Trip Health retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Field Ownership Details

Field Stock Price Odds Analysis

What are Field Trip's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Field Trip jumping above the current price in 90 days from now is about 76.42%. The Field Trip Health probability density function shows the probability of Field Trip stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4784. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Field Trip will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Field Trip Health is significantly underperforming DOW.
  Odds Below 0.85HorizonTargetOdds Above 0.85
23.51%90 days
 0.85 
76.42%
Based on a normal probability distribution, the odds of Field Trip to move above the current price in 90 days from now is about 76.42 (This Field Trip Health probability density function shows the probability of Field Stock to fall within a particular range of prices over 90 days) .

Field Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Field Trip that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Field Trip'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 Field Trip's value.
InstituionSecurity TypeTotal SharesValue
Avidity Partners Management LpCommon SharesMM
Oasis Management Co LtdCommon Shares2.3 M3.1 M
View Field Trip Diagnostics

Field Trip Historical Income Statement

Field Trip Health Income Statement is one of the three primary financial statements used for reporting Field's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Field Trip Health revenue and expense. Field Trip Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Field Stock Against Markets

Picking the right benchmark for Field Trip 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 Field Trip 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 Field Trip is critical whether you are bullish or bearish towards Field Trip Health at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Field Trip without increasing your portfolio risk or giving up 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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Investing Field Trip Health

You need to understand the risk of investing before taking a position in Field Trip. The danger of trading Field Trip Health 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 Field Trip 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 Field Trip. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Field Trip Health 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.
Please check Investing Opportunities. Note that the Field Trip Health information on this page should be used as a complementary analysis to other Field Trip'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Field Stock analysis

When running Field Trip Health price analysis, check to measure Field Trip'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 Field Trip is operating at the current time. Most of Field Trip's value examination focuses on studying past and present price action to predict the probability of Field Trip's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Field Trip's price. Additionally, you may evaluate how the addition of Field Trip to your portfolios can decrease your overall portfolio volatility.
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Is Field Trip'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 Field Trip. If investors know Field 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 Field Trip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
49.4 M
Quarterly Revenue Growth YOY
3.3
Return On Assets
-0.46
Return On Equity
-1.07
The market value of Field Trip Health is measured differently than its book value, which is the value of Field that is recorded on the company's balance sheet. Investors also form their own opinion of Field Trip's value that differs from its market value or its book value, called intrinsic value, which is Field Trip'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 Field Trip's market value can be influenced by many factors that don't directly affect Field Trip'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 Field Trip's value and its price as these two are different measures arrived at by different means. Investors typically determine Field Trip value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Field Trip'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.