Profound Medical Corp Stock Buy Hold or Sell Recommendation
| PRN Stock | CAD 10.59 0.02 0.19% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Profound Medical Corp is 'Hold'. The recommendation algorithm takes into account all of Profound Medical's available fundamental, technical, and predictive indicators you will find on this site.
Check out Profound Medical 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. In addition, we conduct extensive research on individual companies such as Profound and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Profound Medical Corp. 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.
Profound |
Execute Profound Medical Buy or Sell Advice
The Profound recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Profound Medical Corp. Macroaxis does not own or have any residual interests in Profound Medical Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Profound Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Profound Medical Trading Alerts and Improvement Suggestions
| Profound Medical generated a negative expected return over the last 90 days | |
| The company has C$7.94 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 7.2 M. Net Loss for the year was (28.57 M) with profit before overhead, payroll, taxes, and interest of 3.02 M. | |
| Profound Medical Corp has accumulated about 27.05 M in cash with (22.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. | |
| Latest headline from news.google.com: GAGNON SECURITIES LLC Acquires Shares in Profound Medical Corp - GuruFocus.com |
Profound Medical Returns Distribution Density
The distribution of Profound Medical's historical returns is an attempt to chart the uncertainty of Profound Medical's future price movements. The chart of the probability distribution of Profound Medical daily returns describes the distribution of returns around its average expected value. We use Profound Medical Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Profound Medical returns is essential to provide solid investment advice for Profound Medical.
| Mean Return | -0.23 | Value At Risk | -3.7 | Potential Upside | 3.47 | Standard Deviation | 2.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Profound Medical 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.
Profound Medical Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (8.8M) | 69.1M | (16.8M) | (20.6M) | (20.3M) | (19.3M) | |
| Free Cash Flow | (15.5M) | (20.9M) | (23.0M) | (25.8M) | (22.3M) | (23.4M) | |
| Depreciation | 1.5M | 1.5M | 1.9M | 1.6M | 1.1M | 1.1M | |
| Other Non Cash Items | 914.0K | 890K | 425K | 2.7M | 1.1M | 1.8M | |
| Capital Expenditures | 369.5K | 32K | 191.4K | 350K | 593K | 0.0 | |
| Net Income | (15.5M) | (21.6M) | (30.7M) | (28.7M) | (28.6M) | (30.0M) | |
| End Period Cash Flow | 14.7M | 83.9M | 67.2M | 46.5M | 26.2M | 32.6M | |
| Change To Inventory | (867.2K) | (2.1M) | (2.5M) | (1.9M) | 353K | 370.7K | |
| Investments | (250K) | (350K) | (593K) | (127K) | (146.1K) | (153.4K) | |
| Net Borrowings | (1.3M) | (9.6M) | (386K) | 6.9M | 6.2M | 6.5M | |
| Change To Netincome | 2.4M | 4.1M | 7.3M | 6.9M | 7.9M | 5.2M |
Profound Medical 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 Profound Medical 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 Profound Medical's 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 Profound 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 | -0.27 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | -0.13 |
Profound Medical Volatility Alert
Profound Medical Corp exhibits very low volatility with skewness of 1.51 and kurtosis of 5.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Profound Medical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Profound Medical's 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.Profound Medical Fundamentals Vs Peers
Comparing Profound Medical's 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 Profound Medical's direct or indirect competition across all of the common fundamentals between Profound Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Profound Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Profound Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Profound Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Profound Medical to competition |
| Fundamentals | Profound Medical | Peer Average |
| Return On Equity | -0.9 | -0.31 |
| Return On Asset | -0.45 | -0.14 |
| Operating Margin | (3.17) % | (5.51) % |
| Current Valuation | 232.05 M | 16.62 B |
| Shares Outstanding | 24.66 M | 571.82 M |
| Shares Owned By Insiders | 8.59 % | 10.09 % |
| Shares Owned By Institutions | 43.81 % | 39.21 % |
| Number Of Shares Shorted | 76.41 K | 4.71 M |
| Price To Book | 6.03 X | 9.51 X |
| Price To Sales | 29.07 X | 11.42 X |
| Revenue | 7.2 M | 9.43 B |
| Gross Profit | 3.02 M | 27.38 B |
| EBITDA | (25.97 M) | 3.9 B |
| Net Income | (28.57 M) | 570.98 M |
| Cash And Equivalents | 27.05 M | 2.7 B |
| Cash Per Share | 0.25 X | 5.01 X |
| Total Debt | 7.94 M | 5.32 B |
| Debt To Equity | 60.50 % | 48.70 % |
| Current Ratio | 4.65 X | 2.16 X |
| Book Value Per Share | 1.26 X | 1.93 K |
| Cash Flow From Operations | (22.3 M) | 971.22 M |
| Short Ratio | 10.90 X | 4.00 X |
| Earnings Per Share | (1.87) X | 3.12 X |
| Target Price | 25.03 | |
| Number Of Employees | 131 | 18.84 K |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 261.17 M | 19.03 B |
| Total Asset | 43.91 M | 29.47 B |
| Retained Earnings | (217.93 M) | 9.33 B |
| Working Capital | 35.53 M | 1.48 B |
| Net Asset | 43.91 M |
Profound Medical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Profound . 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 Profound Medical Buy or Sell Advice
When is the right time to buy or sell Profound Medical Corp? Buying financial instruments such as Profound 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 Profound Medical 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..