In the world of investing, timing is everything. IMAC Holdings, traded on NASDAQ under the ticker BACK, has caught the eye of many investors with its recent activity. Despite its current market value hovering around $1.13, the company's valuation real value stands at 9.47, suggesting significant undervaluation. Analysts have given it a strong buy consensus, with the lowest estimated target price at 31.4 and the highest reaching up to 38.3. However, potential investors should be cautious of the company's fiscal health, as it reported an EPS estimate for next year showing a loss of 3.48. While the stock has a possible upside price of 7.17, its daily balance of power at -0.17 indicates a bearish trend in the short term. Given these mixed signals, IMAC Holdings might be a speculative hold for your portfolio, promising high rewards but not without its share of risks. Investing in stocks often requires careful planning, but sometimes bold moves are equally crucial. Let's explore why this might be true for IMAC Holdings. Despite current challenges, we remain optimistic about a potential recovery. IMAC Holdings is trading at $1.13. Historically, its price responds modestly to hype, with an elasticity of 0.02, compared to an average of -0.15 for its competitors. The stock is expected to rise to $1.15 following the next press release. However, recent headline volatility has exceeded 100%, making social media predictions less reliable. The anticipated price increase is 1.77%, while the daily expected return is -0.49%. With a 90-day investment horizon, the next significant announcement is expected in about 7 days.
The successful prediction of IMAC Holdings
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as IMAC Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of IMAC Holdings based on IMAC Holdings hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to IMAC Holdings's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to IMAC Holdings's related companies.
Watch out for price decline
Please consider monitoring IMAC Holdings on a daily basis if you are holding a position in it. IMAC Holdings is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as IMAC Holdings stock to be traded above the $1 level to remain listed. If IMAC Holdings stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Use Technical Analysis to project IMAC expected Price
IMAC Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of IMAC Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IMAC Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...IMAC Holdings Gross Profit
IMAC Holdings Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing IMAC Holdings previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show IMAC Holdings Gross Profit growth over the last 10 years. Please check IMAC Holdings'
gross profit and other
fundamental indicators for more details.
Is IMAC Holdings valued adequately by the market?
The company reported the previous year's revenue of 5.2
M. Net Loss for the year was (6.48
M) with profit before overhead, payroll, taxes, and interest of 18.34
K.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 12.8M | 14.7M | 4.8M | 8.6M | Total Revenue | 14.4M | 16.2M | 5.2M | 9.8M |
Current Deferred Revenue Breakdown
IMAC Holdings Current Deferred Revenue yearly trend continues to be quite stable with very little volatility. Current Deferred Revenue may rise above about 299.3
K this year. Current Deferred Revenue usually refers to revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. At this time, IMAC Holdings' Current Deferred Revenue is quite stable compared to the past year.
| 2010 | 130,906 |
| 2018 | 454,380 |
| 2019 | 189,691 |
| 2020 | 295,071 |
| 2021 | 320,917 |
| 2022 | 241,666 |
| 2023 | 277,916 |
| 2024 | 299,316 |
In the world of investing, the adage "not all that glitters is gold" often rings true, and IMAC Holdings (NASDAQ: BACK) is a case in point. With a market capitalization of just $1.95 million and a return on equity of -3.32, the company presents a mixed bag for potential investors. Despite its low debt-to-equity ratio of 0.35%, the high probability of bankruptcy at 96% raises significant concerns. While the stock's current valuation stands at $7.14 million, the low institutional ownership of 4.30% suggests limited confidence from large investors. Given these factors, IMAC Holdings may be more of a speculative play than a strong hold for your portfolio.
Analysis of IMAC Holdings
IMAC Holdings' stock has a kurtosis of 2.15, meaning its price movements have slightly heavier tails than a normal distribution. This implies that while the stock is generally stable, there's a moderate chance of experiencing more extreme returns. Investors should be mindful of this potential for occasional volatility, which could offer both opportunities and risks. As of September 30th, IMAC Holdings has a Coefficient of Variation of -745.97, a market risk-adjusted performance of 1.68, and a Standard Deviation of 6.23.
By analyzing past data patterns, investors can attempt to predict the future direction of the stock's price.Given the current dip of 1 percent in IMAC Holdings' stock, potential investors might see this as a temporary setback rather than a long-term issue. With an analyst consensus rating of "Strong Buy" and a possible upside price of $7.17, there's a strong case for future growth. Moreover, the highest estimated target price of $38.3 indicates significant room for appreciation. While the stock's valuation hype value is at 1.15, the real value stands more robustly at 9.47, suggesting that the market may be undervaluing the company. Thus, for those willing to weather short-term fluctuations, IMAC Holdings could represent a promising investment opportunity..
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
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