Allurion Technologies, Stock Net Income
| ALUR Stock | 1.39 0.01 0.72% |
Fundamental analysis of Allurion Technologies, allows traders to better anticipate movements in Allurion Technologies,'s stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -26.1 M | -27.5 M | |
| Net Loss | -26.1 M | -27.5 M | |
| Net Loss | (11.64) | (12.22) | |
| Net Income Per E B T | 1.03 | 0.81 |
Allurion | Net Income | Build AI portfolio with Allurion Stock |
Allurion Technologies, Company Net Income Analysis
Allurion Technologies,'s Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Allurion Technologies, Net Income | (26.15 M) |
Most of Allurion Technologies,'s fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allurion Technologies, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allurion Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Allurion Technologies, is extremely important. It helps to project a fair market value of Allurion Stock properly, considering its historical fundamentals such as Net Income. Since Allurion Technologies,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Allurion Technologies,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Allurion Technologies,'s interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Allurion Technologies, reported net income of (26.15 Million). This is 107.66% lower than that of the Diversified Consumer Services sector and 110.98% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 104.58% higher than that of the company.
Allurion Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allurion Technologies,'s direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allurion Technologies, could also be used in its relative valuation, which is a method of valuing Allurion Technologies, by comparing valuation metrics of similar companies.Allurion Technologies, is currently under evaluation in net income category among its peers.
Allurion Fundamentals
| Return On Asset | -0.65 | ||||
| Profit Margin | (2.98) % | ||||
| Operating Margin | (3.62) % | ||||
| Current Valuation | 44.17 M | ||||
| Shares Outstanding | 12.26 M | ||||
| Shares Owned By Insiders | 8.44 % | ||||
| Shares Owned By Institutions | 70.48 % | ||||
| Number Of Shares Shorted | 549.49 K | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 32.11 M | ||||
| Gross Profit | 10.5 M | ||||
| EBITDA | (22.17 M) | ||||
| Net Income | (26.15 M) | ||||
| Total Debt | 37.92 M | ||||
| Book Value Per Share | (10.68) X | ||||
| Cash Flow From Operations | (42.3 M) | ||||
| Short Ratio | 1.26 X | ||||
| Earnings Per Share | (16.20) X | ||||
| Target Price | 5.25 | ||||
| Number Of Employees | 134 | ||||
| Beta | -0.49 | ||||
| Market Capitalization | 16.91 M | ||||
| Total Asset | 32.81 M | ||||
| Retained Earnings | (222.21 M) | ||||
| Working Capital | 8.29 M | ||||
| Net Asset | 32.81 M |
About Allurion Technologies, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allurion Technologies,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allurion Technologies, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allurion Technologies, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Allurion Technologies,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allurion Technologies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allurion Technologies, will appreciate offsetting losses from the drop in the long position's value.Moving together with Allurion Stock
Moving against Allurion Stock
The ability to find closely correlated positions to Allurion Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allurion Technologies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allurion Technologies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allurion Technologies, to buy it.
The correlation of Allurion Technologies, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allurion Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allurion Technologies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allurion Technologies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Allurion Stock Analysis
When running Allurion Technologies,'s price analysis, check to measure Allurion Technologies,'s 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 Allurion Technologies, is operating at the current time. Most of Allurion Technologies,'s value examination focuses on studying past and present price action to predict the probability of Allurion Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allurion Technologies,'s price. Additionally, you may evaluate how the addition of Allurion Technologies, to your portfolios can decrease your overall portfolio volatility.