Io Biotech Stock Shares Outstanding
| IOBT Stock | USD 0.71 0.03 4.41% |
IO Biotech fundamentals help investors to digest information that contributes to IO Biotech's financial success or failures. It also enables traders to predict the movement of IOBT Stock. The fundamental analysis module provides a way to measure IO Biotech'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 IO Biotech stock.
Common Stock Shares Outstanding is likely to drop to about 34.9 M in 2024. IOBT | Shares Outstanding |
IO Biotech Company Shares Outstanding Analysis
IO Biotech's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current IO Biotech Shares Outstanding | 65.88 M |
Most of IO Biotech's fundamental indicators, such as Shares Outstanding, 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, IO Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
IOBT Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for IO Biotech is extremely important. It helps to project a fair market value of IOBT Stock properly, considering its historical fundamentals such as Shares Outstanding. Since IO Biotech'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 IO Biotech'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 IO Biotech's interrelated accounts and indicators.
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IOBT Shares Outstanding Historical Pattern
Today, most investors in IO Biotech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IO Biotech's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of IO Biotech shares outstanding as a starting point in their analysis.
IO Biotech Shares Outstanding |
| Timeline |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Based on the latest financial disclosure, IO Biotech has 65.88 M of shares currently outstending. This is 63.51% lower than that of the Biotechnology sector and 38.35% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 88.48% higher than that of the company.
IOBT Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IO Biotech's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IO Biotech could also be used in its relative valuation, which is a method of valuing IO Biotech by comparing valuation metrics of similar companies.IO Biotech is currently under evaluation in shares outstanding category among its peers.
IOBT Fundamentals
| Return On Equity | -0.88 | ||||
| Return On Asset | -0.51 | ||||
| Current Valuation | (33.24 M) | ||||
| Shares Outstanding | 65.88 M | ||||
| Shares Owned By Insiders | 0.23 % | ||||
| Shares Owned By Institutions | 76.79 % | ||||
| Number Of Shares Shorted | 200.92 K | ||||
| Price To Book | 0.62 X | ||||
| EBITDA | (91.23 M) | ||||
| Net Income | (86.08 M) | ||||
| Cash And Equivalents | 170.12 M | ||||
| Cash Per Share | 5.90 X | ||||
| Total Debt | 2.49 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 20.94 X | ||||
| Book Value Per Share | 2.02 X | ||||
| Cash Flow From Operations | (71.74 M) | ||||
| Short Ratio | 1.89 X | ||||
| Earnings Per Share | (1.29) X | ||||
| Target Price | 9.0 | ||||
| Number Of Employees | 74 | ||||
| Beta | 0.42 | ||||
| Market Capitalization | 44.93 M | ||||
| Total Asset | 150.72 M | ||||
| Retained Earnings | (263.82 M) | ||||
| Working Capital | 131.54 M | ||||
| Net Asset | 150.72 M |
About IO Biotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IO Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IO Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IO Biotech 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.
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Additional Tools for IOBT Stock Analysis
When running IO Biotech's price analysis, check to measure IO Biotech'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 IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.