Based on the key indicators related to OraSure Technologies' liquidity, profitability, solvency, and operating efficiency, OraSure Technologies is performing exceptionally good at this time. It has a great probability to report excellent financial results in January. At this time, OraSure Technologies' Non Current Assets Total are relatively stable compared to the past year. As of 12/29/2024, Non Currrent Assets Other is likely to grow to about 2 M, though Net Debt is likely to grow to (263.1 M). Key indicators impacting OraSure Technologies' financial strength include:
The essential information of the day-to-day investment outlook for OraSure Technologies includes many different criteria found on its balance sheet. An individual investor should monitor OraSure Technologies' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in OraSure Technologies.
OraSure Technologies competes with Akoya Biosciences, AtriCure, ICU Medical, Haemonetics, and Merit Medical. OraSure Technologies, Inc., together with its subsidiaries, develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the United States, Europe, and internationally. OraSure Technologies, Inc. was incorporated in 2000 and is headquartered in Bethlehem, Pennsylvania. Orasure Tech operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 785 people.
OraSure Technologies Key Income Statement Accounts
The reason investors look at the income statement is to determine what OraSure Technologies' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining OraSure Technologies's current stock value. Our valuation model uses many indicators to compare OraSure Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OraSure Technologies competition to find correlations between indicators driving OraSure Technologies's intrinsic value. More Info.
OraSure Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for OraSure Technologies is roughly 3.86 . At this time, OraSure Technologies' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value OraSure Technologies 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.
OraSure Technologies Systematic Risk
OraSure Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OraSure Technologies 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on OraSure Technologies correlated with the market. If Beta is less than 0 OraSure Technologies generally moves in the opposite direction as compared to the market. If OraSure Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OraSure Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OraSure Technologies is generally in the same direction as the market. If Beta > 1 OraSure Technologies moves generally in the same direction as, but more than the movement of the benchmark.
OraSure Technologies Thematic Clasifications
OraSure Technologies is part of Trump Equities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Companies that have responded positively to Trump presidency. Stocks that have significantly increased in valuation since Trump was elected president of the United States
This theme covers Companies that have responded positively to Trump presidency. Stocks that have significantly increased in valuation since Trump was elected president of the United States. Get More Thematic Ideas
Today, most investors in OraSure Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various OraSure Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of OraSure Technologies growth as a starting point in their analysis.
OraSure Technologies December 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OraSure Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OraSure Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of OraSure Technologies based on widely used predictive technical indicators. In general, we focus on analyzing OraSure Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OraSure Technologies's daily price indicators and compare them against related drivers.
When running OraSure Technologies' price analysis, check to measure OraSure Technologies' 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 OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.