Inotiv Financials
| NOTV Stock | USD 4.28 0.18 4.04% |
Inotiv |
Please note, the imprecision that can be found in Inotiv's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Inotiv Inc. Check Inotiv's Beneish M Score to see the likelihood of Inotiv's management manipulating its earnings.
Inotiv Stock Summary
Inotiv competes with Fonar, Burning Rock, Sera Prognostics, Exagen, and Sotera Health. Inotiv, Inc. provides drug discovery and development services to the pharmaceutical, chemical, and medical device industries and sells analytical instruments to the pharmaceutical development and contract research industries. Inotiv, Inc. was founded in 1974 and is headquartered in West Lafayette, Indiana. Inotiv operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 541 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US45783Q1004 |
| CUSIP | 45783Q100 09058M103 |
| Location | Indiana; U.S.A |
| Business Address | 2701 Kent Avenue, |
| Sector | Life Sciences Tools & Services |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.inotivco.com |
| Phone | 765 463 4527 |
| Currency | USD - US Dollar |
Inotiv Key Financial Ratios
| Return On Equity | -0.43 | ||||
| Return On Asset | -0.0292 | ||||
| Target Price | 6.67 | ||||
| Beta | 3.37 |
Inotiv Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Inotiv's current stock value. Our valuation model uses many indicators to compare Inotiv value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Inotiv competition to find correlations between indicators driving Inotiv's intrinsic value. More Info.Inotiv Inc is regarded fourth in return on equity category among its peers. It is regarded third in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Inotiv by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Inotiv Inc Systematic Risk
Inotiv's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Inotiv volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Inotiv Inc correlated with the market. If Beta is less than 0 Inotiv generally moves in the opposite direction as compared to the market. If Inotiv Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Inotiv Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Inotiv is generally in the same direction as the market. If Beta > 1 Inotiv moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Inotiv is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Inotiv has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Inotiv's financials are consistent with your investment objective using the following steps:- Review Inotiv's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Inotiv's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Inotiv's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Inotiv's stock is overvalued or undervalued.
Inotiv February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Inotiv help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Inotiv Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Inotiv Inc based on widely used predictive technical indicators. In general, we focus on analyzing Inotiv Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Inotiv's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.49 | |||
| Information Ratio | 0.1953 | |||
| Maximum Drawdown | 56.05 | |||
| Value At Risk | (10.47) | |||
| Potential Upside | 20.05 |
Additional Tools for Inotiv Stock Analysis
When running Inotiv's price analysis, check to measure Inotiv'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 Inotiv is operating at the current time. Most of Inotiv's value examination focuses on studying past and present price action to predict the probability of Inotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inotiv's price. Additionally, you may evaluate how the addition of Inotiv to your portfolios can decrease your overall portfolio volatility.