Praxis Precision Medicines Stock Net Income

PRAX Stock  USD 76.20  2.18  2.95%   
Praxis Precision Medicines fundamentals help investors to digest information that contributes to Praxis Precision's financial success or failures. It also enables traders to predict the movement of Praxis Stock. The fundamental analysis module provides a way to measure Praxis Precision'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 Praxis Precision stock.
Last ReportedProjected for Next Year
Net Loss-123.8 M-130 M
Net Loss-192.6 M-183 M
Net Loss-110.9 M-116.5 M
Net Loss(16.82)(17.67)
Net Income Per E B T 1.14  1.10 
Net Loss is likely to drop to about (130 M) in 2025. Net Loss is likely to rise to about (183 M) in 2025.
  
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Praxis Precision Medicines Company Net Income Analysis

Praxis Precision'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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Praxis Precision Net Income

    
  (123.28 M)  
Most of Praxis Precision'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, Praxis Precision Medicines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Praxis Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Praxis Precision is extremely important. It helps to project a fair market value of Praxis Stock properly, considering its historical fundamentals such as Net Income. Since Praxis Precision'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 Praxis Precision'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 Praxis Precision's interrelated accounts and indicators.
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

Praxis Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(163,485)

At this time, Praxis Precision's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Praxis Precision Medicines reported net income of (123.28 Million). This is 136.12% lower than that of the Biotechnology sector and 276.0% lower than that of the Health Care industry. The net income for all United States stocks is 121.59% higher than that of the company.

Praxis Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Praxis Precision'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 Praxis Precision could also be used in its relative valuation, which is a method of valuing Praxis Precision by comparing valuation metrics of similar companies.
Praxis Precision is currently under evaluation in net income category among its peers.

Praxis Precision 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, Praxis Precision's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Praxis Precision's managers, analysts, and investors.
Environmental
Governance
Social

Praxis Precision Institutional Holders

Institutional Holdings refers to the ownership stake in Praxis Precision that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Praxis Precision'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 Praxis Precision's value.
Shares
Verition Fund Managegment, Llc2024-09-30
559.2 K
Hhg Plc2024-09-30
523.6 K
Franklin Resources Inc2024-09-30
445.2 K
Geode Capital Management, Llc2024-09-30
398.8 K
Kingdon Capital Management Llc2024-09-30
368 K
Velan Capital Investment Management Lp2024-09-30
350.7 K
5am Venture Management, Llc2024-09-30
340 K
Baker Bros Advisors Lp2024-09-30
323.1 K
Nuveen Asset Management, Llc2024-09-30
304.8 K
Blackrock Inc2024-09-30
1.3 M
Perceptive Advisors Llc2024-09-30
1.2 M

Praxis Fundamentals

About Praxis Precision Fundamental Analysis

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

When running Praxis Precision's price analysis, check to measure Praxis Precision'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 Praxis Precision is operating at the current time. Most of Praxis Precision's value examination focuses on studying past and present price action to predict the probability of Praxis Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praxis Precision's price. Additionally, you may evaluate how the addition of Praxis Precision to your portfolios can decrease your overall portfolio volatility.