Eterna Therapeutics Stock Buy Hold or Sell Recommendation
| ERNA Stock | USD 0.52 0.01 1.89% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Eterna Therapeutics is 'Strong Hold'. Macroaxis provides Eterna Therapeutics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ERNA positions.
Check out Eterna Therapeutics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide. In addition, we conduct extensive research on individual companies such as Eterna and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Eterna Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Eterna |
Execute Eterna Therapeutics Buy or Sell Advice
The Eterna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eterna Therapeutics. Macroaxis does not own or have any residual interests in Eterna Therapeutics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eterna Therapeutics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Eterna Therapeutics Trading Alerts and Improvement Suggestions
| Eterna Therapeutics generated a negative expected return over the last 90 days | |
| Eterna Therapeutics has high historical volatility and very poor performance | |
| Eterna Therapeutics has some characteristics of a very speculative penny stock | |
| Eterna Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 68 K. Net Loss for the year was (21.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eterna Therapeutics currently holds about 19.41 M in cash with (20.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Eterna Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: ERNA Stock Hits 52-Week Low at 0.52 Amid Market Challenges - Investing.com |
Eterna Therapeutics Returns Distribution Density
The distribution of Eterna Therapeutics' historical returns is an attempt to chart the uncertainty of Eterna Therapeutics' future price movements. The chart of the probability distribution of Eterna Therapeutics daily returns describes the distribution of returns around its average expected value. We use Eterna Therapeutics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eterna Therapeutics returns is essential to provide solid investment advice for Eterna Therapeutics.
| Mean Return | -1.71 | Value At Risk | -12.96 | Potential Upside | 7.84 | Standard Deviation | 6.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eterna Therapeutics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eterna Stock Institutional Investors
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 100.0 | Activest Wealth Management | 2024-06-30 | 50.0 | Bank Of America Corp | 2024-06-30 | 29.0 | Royal Bank Of Canada | 2024-06-30 | 22.0 | Group One Trading, Lp | 2024-06-30 | 19.0 | Citigroup Inc | 2024-09-30 | 15.0 | Jpmorgan Chase & Co | 2024-06-30 | 14.0 | Aspire Private Capital, Llc | 2024-09-30 | 10.0 | Qube Research & Technologies | 2024-06-30 | 4.0 | Cypress Point Wealth Management, Llc | 2024-09-30 | 94.4 K | Naviter Wealth, Llc | 2024-09-30 | 78.8 K |
Eterna Therapeutics Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 673K | (3.5M) | 15.4M | (1.4M) | (3.9M) | (4.1M) | |
| Capital Expenditures | 1.1M | 39K | 154K | 297K | 19K | 18.1K | |
| End Period Cash Flow | 3.3M | 1.6M | 17.0M | 15.5M | 7.6M | 8.0M | |
| Free Cash Flow | 1.7M | (8.1M) | (23.6M) | (21.3M) | (20.4M) | (21.4M) | |
| Depreciation | 3.2M | 98K | 459K | 497K | 1.1M | 1.1M | |
| Other Non Cash Items | 7.2M | 19.2M | 86.1M | (3.5M) | 1.0M | 961.4K | |
| Net Income | (2.0M) | (7.3M) | (122.3M) | (24.6M) | (21.7M) | (22.8M) | |
| Change To Netincome | 195.0K | 91K | 100.9M | (604K) | (694.6K) | (659.9K) |
Eterna Therapeutics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eterna Therapeutics or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eterna Therapeutics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eterna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.9 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 6.42 | |
Ir | Information ratio | -0.29 |
Eterna Therapeutics Volatility Alert
Eterna Therapeutics is displaying above-average volatility over the selected time horizon. Eterna Therapeutics is a potential penny stock. Although Eterna Therapeutics may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Eterna Therapeutics. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Eterna instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Eterna Therapeutics Fundamentals Vs Peers
Comparing Eterna Therapeutics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eterna Therapeutics' direct or indirect competition across all of the common fundamentals between Eterna Therapeutics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eterna Therapeutics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eterna Therapeutics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Eterna Therapeutics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eterna Therapeutics to competition |
| Fundamentals | Eterna Therapeutics | Peer Average |
| Return On Equity | -11.54 | -0.31 |
| Return On Asset | -0.29 | -0.14 |
| Operating Margin | (104.91) % | (5.51) % |
| Current Valuation | 56 M | 16.62 B |
| Shares Outstanding | 51.37 M | 571.82 M |
| Shares Owned By Institutions | 10.99 % | 39.21 % |
| Number Of Shares Shorted | 44.46 K | 4.71 M |
| Price To Book | 2.10 X | 9.51 X |
| Price To Sales | 164.91 X | 11.42 X |
| Revenue | 68 K | 9.43 B |
| EBITDA | (19.93 M) | 3.9 B |
| Net Income | (21.67 M) | 570.98 M |
| Cash And Equivalents | 19.41 M | 2.7 B |
| Cash Per Share | 6.60 X | 5.01 X |
| Total Debt | 41.84 M | 5.32 B |
| Debt To Equity | 0.19 % | 48.70 % |
| Current Ratio | 3.08 X | 2.16 X |
| Book Value Per Share | 0.41 X | 1.93 K |
| Cash Flow From Operations | (20.41 M) | 971.22 M |
| Short Ratio | 1.07 X | 4.00 X |
| Earnings Per Share | (8.31) X | 3.12 X |
| Price To Earnings To Growth | (0.03) X | 4.89 X |
| Target Price | 3.0 | |
| Number Of Employees | 8 | 18.84 K |
| Beta | 7.77 | -0.15 |
| Market Capitalization | 26.71 M | 19.03 B |
| Total Asset | 49.13 M | 29.47 B |
| Retained Earnings | (186.98 M) | 9.33 B |
| Working Capital | 3.03 M | 1.48 B |
| Net Asset | 49.13 M |
Note: Disposition of 3125976 shares by Cherington Charles of Eterna Therapeutics at 1.43 subject to Rule 16b-3 [view details]
Eterna Therapeutics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eterna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eterna Therapeutics Buy or Sell Advice
When is the right time to buy or sell Eterna Therapeutics? Buying financial instruments such as Eterna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Eterna Therapeutics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Biotechnology space 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 Eterna Therapeutics. If investors know Eterna 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 Eterna Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.31) | Revenue Per Share 0.03 | Return On Assets (0.29) | Return On Equity (11.54) |
The market value of Eterna Therapeutics is measured differently than its book value, which is the value of Eterna that is recorded on the company's balance sheet. Investors also form their own opinion of Eterna Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Eterna Therapeutics' 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 Eterna Therapeutics' market value can be influenced by many factors that don't directly affect Eterna Therapeutics' 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 Eterna Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eterna Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eterna Therapeutics' 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.