What To Expect From TELA Bio Inc Q3 2024 Earnings
TELA Stock | USD 3.03 0.09 3.06% |
About 55% of Tela Bio's investors are presently thinking to get in. The analysis of overall sentiment of trading Tela Bio stock suggests that some investors are interested at this time. The current market sentiment, together with Tela Bio's historical and current headlines, can help investors time the market. In addition, many technical investors use Tela Bio stock news signals to limit their universe of possible portfolio assets.
Tela |
TELA Bio Inc is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 18.85 million, and the earnings are expected to come in at -0.41 per share. The full year 2024s revenue is expected to be 74.4 million and the earnings are expected to be -1.48 per share.
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Tela Bio Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Tela Bio can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tela Bio Fundamental Analysis
We analyze Tela Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tela Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tela Bio 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.
Earnings Per Share
Earnings Per Share Comparative Analysis
Tela Bio is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Tela Bio Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tela Bio stock to make a market-neutral strategy. Peer analysis of Tela Bio could also be used in its relative valuation, which is a method of valuing Tela Bio by comparing valuation metrics with similar companies.
Peers
Tela Bio Related Equities
TMDX | TransMedics | 2.58 | ||||
CLPT | Clearpoint Neuro | 2.49 | ||||
SIBN | Si Bone | 2.45 | ||||
OFIX | Orthofix Medical | 1.58 | ||||
DCTH | Delcath Systems | 1.43 | ||||
FNA | Paragon 28 | 1.22 | ||||
AXGN | Axogen | 1.04 | ||||
VREX | Varex Imaging | 0.73 | ||||
TMCI | Treace Medical | 0.12 | ||||
RXST | Rxsight | 0.69 | ||||
SGHT | Sight Sciences | 0.75 | ||||
CVRX | CVRx | 1.48 | ||||
LUNG | Pulmonx Corp | 2.27 | ||||
KIDS | Orthopediatrics Corp | 2.63 | ||||
TCMD | Tactile Systems | 3.12 | ||||
NPCE | Neuropace | 4.32 |
Complementary Tools for Tela Stock analysis
When running Tela Bio's price analysis, check to measure Tela Bio'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 Tela Bio is operating at the current time. Most of Tela Bio's value examination focuses on studying past and present price action to predict the probability of Tela Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tela Bio's price. Additionally, you may evaluate how the addition of Tela Bio to your portfolios can decrease your overall portfolio volatility.
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