Azenta Inc Stock Beta

AZTA Stock  USD 44.75  0.03  0.07%   
Azenta Inc fundamentals help investors to digest information that contributes to Azenta's financial success or failures. It also enables traders to predict the movement of Azenta Stock. The fundamental analysis module provides a way to measure Azenta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Azenta stock.
Short Long Term Debt TotalTotal Assets
  
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Azenta Inc Company Beta Analysis

Azenta's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Azenta Beta

    
  1.47  
Most of Azenta's fundamental indicators, such as Beta, 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, Azenta Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Azenta Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Azenta is extremely important. It helps to project a fair market value of Azenta Stock properly, considering its historical fundamentals such as Beta. Since Azenta'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 Azenta'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 Azenta's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Azenta Inc has a Beta of 1.473. This is 71.28% higher than that of the Life Sciences Tools & Services sector and 67.39% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Azenta Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Azenta's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Azenta could also be used in its relative valuation, which is a method of valuing Azenta by comparing valuation metrics of similar companies.
1.470.591.461.34100%
Azenta is currently under evaluation in beta category among its peers.

Azenta ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Azenta's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Azenta's managers, analysts, and investors.
50.0%
Environmental
76.4%
Governance
Social

Azenta Institutional Holders

Institutional Holdings refers to the ownership stake in Azenta that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Azenta's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Azenta's value.
Shares
Schroder Investment Management Group2024-09-30
957.8 K
Geode Capital Management, Llc2024-09-30
888.7 K
Morgan Stanley - Brokerage Accounts2024-09-30
863.6 K
Palisade Capital Management Llc2024-12-31
810.9 K
Fisher Asset Management, Llc2024-12-31
771.8 K
Royce & Associates, Lp2024-12-31
758.1 K
Bank Of America Corp2024-09-30
747.8 K
Stephens Inv Mgmt Group Llc2024-12-31
695.6 K
Teacher Retirement System Of Texas2024-12-31
668.6 K
Politan Capital Management Lp2024-12-31
4.6 M
Vanguard Group Inc2024-12-31
4.5 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Azenta will likely underperform.

Azenta Fundamentals

Return On Equity-0.08
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Return On Asset-0.0165
Profit Margin(0.24) %
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-400%-200%0%200%
Operating Margin(0.07) %
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Current Valuation1.64 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-311,000%2,000%3,000%4,000%5,000%6,000%
Shares Outstanding45.7 M
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Shares Owned By Insiders1.70 %
Shares Owned By Institutions98.30 %
Number Of Shares Shorted4.11 M
Price To Earning38.92 X
Price To Book1.19 X
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Price To Sales3.09 X
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Revenue656.32 M
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Gross Profit274.25 M
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EBITDA21.8 M
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Net Income(164.17 M)
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Cash And Equivalents2.18 B
Cash Per Share29.32 X
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Total Debt58.79 M
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Debt To Equity0.01 %
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Current Ratio13.21 X
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Book Value Per Share37.62 X
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Cash Flow From Operations50.29 M
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Short Ratio10.25 X
Earnings Per Share(3.17) X
Price To Earnings To Growth8.94 X
Target Price60.4
Number Of Employees3 K
Beta1.47
Market Capitalization2.04 B
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Total Asset2.1 B
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Retained Earnings1.48 B
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Working Capital627.97 M
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Current Asset160 K
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-315,000%10,000%15,000%20,000%25,000%
Current Liabilities45 K
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-311,000%2,000%3,000%4,000%5,000%6,000%7,000%
Five Year Return0.89 %
Net Asset2.1 B

About Azenta Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Azenta Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azenta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azenta Inc 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Azenta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Azenta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Azenta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azenta Inc Stock:
Check out Azenta Piotroski F Score and Azenta Altman Z Score analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Life Sciences Tools & Services 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 Azenta. If investors know Azenta 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 Azenta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
87.778
Earnings Share
(3.17)
Revenue Per Share
13.136
Quarterly Revenue Growth
0.041
Return On Assets
(0.02)
The market value of Azenta Inc is measured differently than its book value, which is the value of Azenta that is recorded on the company's balance sheet. Investors also form their own opinion of Azenta's value that differs from its market value or its book value, called intrinsic value, which is Azenta's 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 Azenta's market value can be influenced by many factors that don't directly affect Azenta's 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 Azenta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azenta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azenta's 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.