USANA Health Sciences Second Quarter 2024 Earnings Misses Expectations

USNA Stock  USD 38.53  0.63  1.61%   
About 55% of USANA Health's investor base is interested to short. The analysis of overall sentiment of trading USANA Health Sciences stock suggests that many investors are impartial at this time. The current market sentiment, together with USANA Health's historical and current headlines, can help investors time the market. In addition, many technical investors use USANA Health Sciences stock news signals to limit their universe of possible portfolio assets.
  
USANA Health Sciences Second Quarter 2024 Results Key Financial Results Revenue US212.9m down 11 percent from...

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USANA Health Sciences Current Investor Sentiment

Panic Vs Confidence

45

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use USANA Health's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward USANA Health Sciences.

USANA Health Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards USANA Health 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.

USANA Health Sciences Historical Investor Sentiment

Investor biases related to USANA Health's public news can be used to forecast risks associated with an investment in USANA. The trend in average sentiment can be used to explain how an investor holding USANA can time the market purely based on public headlines and social activities around USANA Health Sciences. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
USANA Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for USANA Health and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average USANA Health news discussions. The higher the estimate score, the more favorable the investor's outlook on USANA Health.

USANA Health Fundamental Analysis

We analyze USANA Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of USANA Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of USANA Health 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.

Beta

Beta Comparative Analysis

USANA Health is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

USANA Health Sciences 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 USANA Health stock to make a market-neutral strategy. Peer analysis of USANA Health could also be used in its relative valuation, which is a method of valuing USANA Health by comparing valuation metrics with similar companies.

Peers

USANA Health Related Equities

JBSSJohn B   1.90   
0%
92.0%
SENEBSeneca Foods   1.71   
0%
83.0%
BRBRBellring Brands   1.68   
0%
81.0%
SENEASeneca Foods   1.55   
0%
75.0%
JJSFJ J   1.35   
0%
65.0%
POSTPost Holdings   0.95   
0%
46.0%
LANCLancaster Colony   0.11   
5.0%
0%
SMPLSimply Good   0.33   
16.0%
0%
THSTreehouse Foods   0.95   
46.0%
0%
CENTACentral Garden   1.00   
48.0%
0%
BRIDBridgford Foods   2.05   
100.0%
0%

Complementary Tools for USANA Stock analysis

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