908 Devices Stock Buy Hold or Sell Recommendation
| MASS Stock | USD 2.98 0.08 2.76% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding 908 Devices is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell 908 Devices given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for 908 Devices, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 908 Devices 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 more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide. Note, we conduct extensive research on individual companies such as 908 and provide practical buy, sell, or hold advice based on investors' constraints. 908 Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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Execute 908 Devices Buy or Sell Advice
The 908 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 908 Devices. Macroaxis does not own or have any residual interests in 908 Devices or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 908 Devices' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
908 Devices Trading Alerts and Improvement Suggestions
| 908 Devices had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 50.23 M. Net Loss for the year was (36.4 M) with profit before overhead, payroll, taxes, and interest of 28.03 M. | |
| 908 Devices currently holds about 212.99 M in cash with (25.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 70.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 908 Devices Given Overweight Rating at Stephens - MarketBeat |
908 Devices Returns Distribution Density
The distribution of 908 Devices' historical returns is an attempt to chart the uncertainty of 908 Devices' future price movements. The chart of the probability distribution of 908 Devices daily returns describes the distribution of returns around its average expected value. We use 908 Devices price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 908 Devices returns is essential to provide solid investment advice for 908 Devices.
| Mean Return | 0.04 | Value At Risk | -8.01 | Potential Upside | 10.19 | Standard Deviation | 8.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 908 Devices 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.
908 Stock Institutional Investors
The 908 Devices' institutional investors refer to entities that pool money to purchase 908 Devices' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | State Street Corp | 2024-09-30 | 479 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 397 K | Renaissance Technologies Corp | 2024-09-30 | 322.4 K | Junked Platinum Investment Management Ltd | 2024-09-30 | 257.4 K | Sands Capital Ventures, Llc | 2024-09-30 | 237.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 220.5 K | Citadel Advisors Llc | 2024-09-30 | 217.1 K | Nuveen Asset Management, Llc | 2024-09-30 | 204.4 K | Northern Trust Corp | 2024-09-30 | 186.7 K | Ark Investment Management Llc | 2024-09-30 | 3.2 M | Blackrock Inc | 2024-09-30 | 1.9 M |
908 Devices Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 223K | (4.5M) | (5.5M) | (3.9M) | (3.5M) | (3.7M) | |
| Investments | (9K) | (737K) | (15.8M) | (31.6M) | (28.5M) | (27.1M) | |
| Change In Cash | 141.3M | 64.9M | (35.5M) | (67.4M) | (60.6M) | (57.6M) | |
| Free Cash Flow | 4.1M | (29.8M) | (23.0M) | (27.1M) | (24.4M) | (25.6M) | |
| Depreciation | 831K | 925K | 1.6M | 2.4M | 2.7M | 1.4M | |
| Other Non Cash Items | (687K) | 178K | 584K | 1.0M | 1.2M | 1.3M | |
| Capital Expenditures | 392K | 9K | 737K | 2.0M | 2.4M | 2.5M | |
| Net Income | (12.8M) | (22.2M) | (33.6M) | (36.4M) | (32.8M) | (34.4M) | |
| End Period Cash Flow | 159.2M | 224.1M | 188.6M | 121.2M | 139.4M | 131.7M | |
| Change To Netincome | 727K | 6.1M | 4.6M | 7.5M | 8.6M | 4.4M |
908 Devices 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 908 Devices or Health Care Equipment & Supplies 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 908 Devices' 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 908 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 | 0.04 | |
β | Beta against Dow Jones | 2.04 | |
σ | Overall volatility | 8.70 | |
Ir | Information ratio | 0 |
908 Devices Volatility Alert
908 Devices is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 908 Devices' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 908 Devices' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.908 Devices Fundamentals Vs Peers
Comparing 908 Devices' 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 908 Devices' direct or indirect competition across all of the common fundamentals between 908 Devices and the related equities. This way, we can detect undervalued stocks with similar characteristics as 908 Devices or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of 908 Devices' fundamental indicators could also be used in its relative valuation, which is a method of valuing 908 Devices by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 908 Devices to competition |
| Fundamentals | 908 Devices | Peer Average |
| Return On Equity | -0.4 | -0.31 |
| Return On Asset | -0.16 | -0.14 |
| Profit Margin | (1.09) % | (1.27) % |
| Operating Margin | (0.71) % | (5.51) % |
| Current Valuation | 36.48 M | 16.62 B |
| Shares Outstanding | 34.82 M | 571.82 M |
| Shares Owned By Insiders | 8.20 % | 10.09 % |
| Shares Owned By Institutions | 69.75 % | 39.21 % |
| Number Of Shares Shorted | 1.65 M | 4.71 M |
| Price To Book | 0.77 X | 9.51 X |
| Price To Sales | 1.83 X | 11.42 X |
| Revenue | 50.23 M | 9.43 B |
| Gross Profit | 28.03 M | 27.38 B |
| EBITDA | (34.02 M) | 3.9 B |
| Net Income | (36.4 M) | 570.98 M |
| Cash And Equivalents | 212.99 M | 2.7 B |
| Cash Per Share | 6.74 X | 5.01 X |
| Total Debt | 5.95 M | 5.32 B |
| Debt To Equity | 0.10 % | 48.70 % |
| Current Ratio | 15.46 X | 2.16 X |
| Book Value Per Share | 3.77 X | 1.93 K |
| Cash Flow From Operations | (25.06 M) | 971.22 M |
| Short Ratio | 4.42 X | 4.00 X |
| Earnings Per Share | (1.79) X | 3.12 X |
| Target Price | 5.33 | |
| Number Of Employees | 230 | 18.84 K |
| Beta | 0.98 | -0.15 |
| Market Capitalization | 100.99 M | 19.03 B |
| Total Asset | 202.98 M | 29.47 B |
| Retained Earnings | (170.6 M) | 9.33 B |
| Working Capital | 151.24 M | 1.48 B |
| Net Asset | 202.98 M |
Note: Disposition of 7777 shares by Hrusovsky E Kevin of 908 Devices subject to Rule 16b-3 [view details]
908 Devices Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 908 . 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.
| Accumulation Distribution | 150210.0 | |||
| Daily Balance Of Power | 0.2353 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 2.88 | |||
| Day Typical Price | 2.91 | |||
| Price Action Indicator | 0.14 | |||
| Period Momentum Indicator | 0.08 |
About 908 Devices Buy or Sell Advice
When is the right time to buy or sell 908 Devices? Buying financial instruments such as 908 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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Additional Tools for 908 Stock Analysis
When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.