Newegg Commerce Stock Short Ratio
| NEGG Stock | USD 0.58 0.01 2.63% |
Newegg Commerce fundamentals help investors to digest information that contributes to Newegg Commerce's financial success or failures. It also enables traders to predict the movement of Newegg Stock. The fundamental analysis module provides a way to measure Newegg Commerce'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 Newegg Commerce stock.
Newegg | Short Ratio |
Newegg Commerce Company Short Ratio Analysis
Newegg Commerce's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Newegg Commerce Short Ratio | 2.93 X |
Most of Newegg Commerce's fundamental indicators, such as Short Ratio, 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, Newegg Commerce is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Newegg Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Newegg Commerce is extremely important. It helps to project a fair market value of Newegg Stock properly, considering its historical fundamentals such as Short Ratio. Since Newegg Commerce'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 Newegg Commerce'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 Newegg Commerce's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Newegg Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Newegg Commerce has a Short Ratio of 2.93 times. This is 49.83% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 26.75% higher than that of the company.
Newegg Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newegg Commerce's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newegg Commerce could also be used in its relative valuation, which is a method of valuing Newegg Commerce by comparing valuation metrics of similar companies.Newegg Commerce is currently under evaluation in short ratio category among its peers.
Newegg Commerce Institutional Holders
Institutional Holdings refers to the ownership stake in Newegg Commerce that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Newegg Commerce'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 Newegg Commerce's value.| Shares | Quadrant Capital Group Llc | 2024-09-30 | 6.3 K | Barclays Plc | 2024-06-30 | 6.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 456 | Wells Fargo & Co | 2024-06-30 | 200 | Jpmorgan Chase & Co | 2024-06-30 | 76.0 | Goldman Sachs Group Inc | 2024-06-30 | 0.0 | Jane Street Group Llc | 2024-06-30 | 0.0 | Tower Research Capital Llc | 2024-06-30 | 0.0 | Simplex Trading, Llc | 2024-06-30 | 0.0 | Geode Capital Management, Llc | 2024-06-30 | 457.9 K | State Street Corp | 2024-06-30 | 154.5 K |
Newegg Fundamentals
| Return On Equity | -0.42 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 268.48 M | |||
| Shares Outstanding | 387.93 M | |||
| Shares Owned By Insiders | 93.84 % | |||
| Shares Owned By Institutions | 0.26 % | |||
| Number Of Shares Shorted | 1.1 M | |||
| Price To Earning | 9.01 X | |||
| Price To Book | 1.93 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 1.5 B | |||
| Gross Profit | 216.63 M | |||
| EBITDA | (45.69 M) | |||
| Net Income | (58.99 M) | |||
| Cash And Equivalents | 70.07 M | |||
| Cash Per Share | 0.19 X | |||
| Total Debt | 90.56 M | |||
| Debt To Equity | 0.67 % | |||
| Current Ratio | 1.30 X | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (3.84 M) | |||
| Short Ratio | 2.93 X | |||
| Earnings Per Share | (0.15) X | |||
| Target Price | 3.0 | |||
| Number Of Employees | 932 | |||
| Beta | 2.85 | |||
| Market Capitalization | 227.71 M | |||
| Total Asset | 514.24 M | |||
| Retained Earnings | (130.7 M) | |||
| Working Capital | 47.91 M | |||
| Net Asset | 514.24 M |
About Newegg Commerce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newegg Commerce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newegg Commerce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newegg Commerce 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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When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:Check out Newegg Commerce Piotroski F Score and Newegg Commerce Altman Z Score analysis. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce 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 (0.41) | Earnings Share (0.15) | Revenue Per Share 3.588 | Quarterly Revenue Growth (0.14) | Return On Assets (0.10) |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.