Sight Sciences Stock Buy Hold or Sell Recommendation
| SGHT Stock | USD 3.98 0.03 0.75% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sight Sciences is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sight Sciences given historical horizon and risk tolerance towards Sight Sciences. When Macroaxis issues a 'buy' or 'sell' recommendation for Sight Sciences, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sight Sciences 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 Sight Stock please use our How to Invest in Sight Sciences guide. Note, we conduct extensive research on individual companies such as Sight and provide practical buy, sell, or hold advice based on investors' constraints. Sight Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Sight |
Execute Sight Sciences Buy or Sell Advice
The Sight recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sight Sciences. Macroaxis does not own or have any residual interests in Sight Sciences or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sight Sciences' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sight Sciences Trading Alerts and Improvement Suggestions
| Sight Sciences generated a negative expected return over the last 90 days | |
| Sight Sciences has high historical volatility and very poor performance | |
| Sight Sciences has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 81.06 M. Net Loss for the year was (55.55 M) with profit before overhead, payroll, taxes, and interest of 58.97 M. | |
| Sight Sciences currently holds about 220.1 M in cash with (47.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sight Sciences has a frail financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 551802 shares by Encrantz Staffan of Sight Sciences at 3.73 subject to Rule 16b-3 |
Sight Sciences Returns Distribution Density
The distribution of Sight Sciences' historical returns is an attempt to chart the uncertainty of Sight Sciences' future price movements. The chart of the probability distribution of Sight Sciences daily returns describes the distribution of returns around its average expected value. We use Sight Sciences price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sight Sciences returns is essential to provide solid investment advice for Sight Sciences.
| Mean Return | -0.6 | Value At Risk | -7.84 | Potential Upside | 6.96 | Standard Deviation | 4.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sight Sciences 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.
Sight Stock Institutional Investors
The Sight Sciences' institutional investors refer to entities that pool money to purchase Sight Sciences' 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 | Northern Trust Corp | 2024-09-30 | 325.8 K | D. E. Shaw & Co Lp | 2024-09-30 | 321.6 K | Millennium Management Llc | 2024-06-30 | 296.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 257 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 207.9 K | Panagora Asset Management Inc | 2024-09-30 | 194.8 K | National Asset Management Inc | 2024-06-30 | 185.1 K | Millrace Asset Group, Inc | 2024-09-30 | 138.8 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 136 K | Bank Of America Corp | 2024-06-30 | 3.1 M | Ubs Group Ag | 2024-06-30 | 2.9 M |
Sight Sciences Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.8M) | (1.7M) | (1.3M) | (3.3M) | (2.2M) | (2.3M) | |
| Investments | (672K) | (953K) | (813K) | (970K) | (656K) | (688.8K) | |
| Change In Cash | 17.0M | 40.3M | 199.2M | (75.7M) | (46.9M) | (44.5M) | |
| Free Cash Flow | (25.7M) | (33.1M) | (53.4M) | (76.9M) | (48.0M) | (50.4M) | |
| Depreciation | 295K | 554K | 632K | 710K | 614K | 525.8K | |
| Other Non Cash Items | 662K | (1.1M) | 1.3M | 2.3M | 2.3M | 2.4M | |
| Capital Expenditures | 672K | 953K | 813K | 970K | 791K | 874.3K | |
| Net Income | (25.9M) | (34.7M) | (63.0M) | (86.2M) | (55.5M) | (58.3M) | |
| End Period Cash Flow | 21.2M | 61.5M | 260.7M | 185M | 138.1M | 123.0M | |
| Change To Netincome | 393K | 607K | 13.4M | 14.1M | 16.2M | 17.0M |
Sight Sciences 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 Sight Sciences 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 Sight Sciences' 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 Sight 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 | -1.03 | |
β | Beta against Dow Jones | 3.44 | |
σ | Overall volatility | 4.04 | |
Ir | Information ratio | -0.18 |
Sight Sciences Volatility Alert
Sight Sciences exhibits very low volatility with skewness of -0.02 and kurtosis of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sight Sciences' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sight Sciences' 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.Sight Sciences Fundamentals Vs Peers
Comparing Sight Sciences' 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 Sight Sciences' direct or indirect competition across all of the common fundamentals between Sight Sciences and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sight Sciences or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sight Sciences' fundamental indicators could also be used in its relative valuation, which is a method of valuing Sight Sciences by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sight Sciences to competition |
| Fundamentals | Sight Sciences | Peer Average |
| Return On Equity | -0.45 | -0.31 |
| Return On Asset | -0.19 | -0.14 |
| Profit Margin | (0.63) % | (1.27) % |
| Operating Margin | (0.56) % | (5.51) % |
| Current Valuation | 118.82 M | 16.62 B |
| Shares Outstanding | 50.4 M | 571.82 M |
| Shares Owned By Insiders | 20.40 % | 10.09 % |
| Shares Owned By Institutions | 51.00 % | 39.21 % |
| Number Of Shares Shorted | 1.12 M | 4.71 M |
| Price To Book | 2.13 X | 9.51 X |
| Price To Sales | 2.54 X | 11.42 X |
| Revenue | 81.06 M | 9.43 B |
| Gross Profit | 58.97 M | 27.38 B |
| EBITDA | (49.41 M) | 3.9 B |
| Net Income | (55.55 M) | 570.98 M |
| Cash And Equivalents | 220.1 M | 2.7 B |
| Cash Per Share | 4.60 X | 5.01 X |
| Total Debt | 35.41 M | 5.32 B |
| Debt To Equity | 0.18 % | 48.70 % |
| Current Ratio | 16.73 X | 2.16 X |
| Book Value Per Share | 1.88 X | 1.93 K |
| Cash Flow From Operations | (47.18 M) | 971.22 M |
| Short Ratio | 7.27 X | 4.00 X |
| Earnings Per Share | (1.01) X | 3.12 X |
| Target Price | 5.66 | |
| Number Of Employees | 214 | 18.84 K |
| Beta | 2.73 | -0.15 |
| Market Capitalization | 202.1 M | 19.03 B |
| Total Asset | 166.65 M | 29.47 B |
| Retained Earnings | (294.79 M) | 9.33 B |
| Working Capital | 150.62 M | 1.48 B |
| Net Asset | 166.65 M |
Note: Disposition of 2891 shares by Jesse Selnick of Sight Sciences at 12.379 subject to Rule 16b-3 [view details]
Sight Sciences Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sight . 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 Sight Sciences Buy or Sell Advice
When is the right time to buy or sell Sight Sciences? Buying financial instruments such as Sight 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.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Sight Sciences in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Automobiles and Trucks Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Sight Stock Analysis
When running Sight Sciences' price analysis, check to measure Sight Sciences' 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 Sight Sciences is operating at the current time. Most of Sight Sciences' value examination focuses on studying past and present price action to predict the probability of Sight Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sight Sciences' price. Additionally, you may evaluate how the addition of Sight Sciences to your portfolios can decrease your overall portfolio volatility.