Sono Tek Corp Stock Short Ratio
| SOTK Stock | USD 4.49 0.07 1.54% |
Sono Tek Corp fundamentals help investors to digest information that contributes to Sono Tek's financial success or failures. It also enables traders to predict the movement of Sono Stock. The fundamental analysis module provides a way to measure Sono Tek'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 Sono Tek stock.
Sono | Short Ratio |
Sono Tek Corp Company Short Ratio Analysis
Sono Tek'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 Sono Tek Short Ratio | 0.90 X |
Most of Sono Tek'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, Sono Tek Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sono Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Sono Tek is extremely important. It helps to project a fair market value of Sono Stock properly, considering its historical fundamentals such as Short Ratio. Since Sono Tek'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 Sono Tek'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 Sono Tek's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Sono Price To Sales Ratio
Price To Sales Ratio |
|
Based on the latest financial disclosure, Sono Tek Corp has a Short Ratio of 0.9 times. This is 81.44% lower than that of the Electronic Equipment, Instruments & Components sector and 79.12% lower than that of the Information Technology industry. The short ratio for all United States stocks is 77.5% higher than that of the company.
Sono Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sono Tek'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 Sono Tek could also be used in its relative valuation, which is a method of valuing Sono Tek by comparing valuation metrics of similar companies.Sono Tek is currently under evaluation in short ratio category among its peers.
Sono Tek 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, Sono Tek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sono Tek's managers, analysts, and investors.Environmental | Governance | Social |
Sono Tek Institutional Holders
Institutional Holdings refers to the ownership stake in Sono Tek that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sono Tek'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 Sono Tek's value.| Shares | Blackrock Inc | 2024-06-30 | 19.5 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 14.5 K | Peak Financial Advisors, Llc | 2024-09-30 | 14.5 K | Focused Wealth Strategies, Inc. | 2024-09-30 | 12.3 K | Susquehanna International Group, Llp | 2024-06-30 | 11.1 K | Tower Research Capital Llc | 2024-06-30 | 2.9 K | Royal Bank Of Canada | 2024-06-30 | 171 | Bank Of America Corp | 2024-06-30 | 95.0 | Fmr Inc | 2024-09-30 | 23.0 | Vanguard Group Inc | 2024-09-30 | 302.6 K | Geode Capital Management, Llc | 2024-06-30 | 112.5 K |
Sono Fundamentals
| Return On Equity | 0.0938 | ||||
| Return On Asset | 0.0346 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 60.13 M | ||||
| Shares Outstanding | 15.75 M | ||||
| Shares Owned By Insiders | 16.20 % | ||||
| Shares Owned By Institutions | 47.91 % | ||||
| Number Of Shares Shorted | 11.6 K | ||||
| Price To Earning | 69.44 X | ||||
| Price To Book | 4.21 X | ||||
| Price To Sales | 3.42 X | ||||
| Revenue | 19.7 M | ||||
| Gross Profit | 8.61 M | ||||
| EBITDA | 1.78 M | ||||
| Net Income | 1.44 M | ||||
| Cash And Equivalents | 10.66 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 6.85 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 3.64 X | ||||
| Book Value Per Share | 1.08 X | ||||
| Cash Flow From Operations | 1.16 M | ||||
| Short Ratio | 0.90 X | ||||
| Earnings Per Share | 0.09 X | ||||
| Target Price | 9.63 | ||||
| Number Of Employees | 82 | ||||
| Beta | -0.28 | ||||
| Market Capitalization | 70.72 M | ||||
| Total Asset | 23.13 M | ||||
| Retained Earnings | 6.35 M | ||||
| Working Capital | 12.12 M | ||||
| Current Asset | 4.96 M | ||||
| Current Liabilities | 728.95 K | ||||
| Net Asset | 23.13 M |
About Sono Tek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sono Tek Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sono Tek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sono Tek Corp 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Sono Tek Piotroski F Score and Sono Tek Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek 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 (0.33) | Earnings Share 0.09 | Revenue Per Share 1.311 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0346 |
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek'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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek'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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek'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.