Newegg Commerce Stock Target Price
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 | Target Price |
Newegg Target Price 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 Target Price 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 target price category among its peers.
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.