Is Assertio Therapeutics Stock a Good Investment?
Assertio Therapeutics Investment Advice | ASRT |
- Examine Assertio Therapeutics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Assertio Therapeutics' leadership team and their track record. Good management can help Assertio Therapeutics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Pharmaceuticals space and any emerging trends that could impact Assertio Therapeutics' business and its evolving consumer preferences.
- Compare Assertio Therapeutics' performance and market position to its competitors. Analyze how Assertio Therapeutics is positioned in terms of product offerings, innovation, and market share.
- Check if Assertio Therapeutics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Assertio Therapeutics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Assertio Therapeutics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Assertio Therapeutics is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Assertio Therapeutics Stock
Researching Assertio Therapeutics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 38.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Assertio Therapeutics has Price/Earnings To Growth (PEG) ratio of 1.26. The entity recorded a loss per share of 4.94. The firm had not issued any dividends in recent years. Assertio Therapeutics had 1:4 split on the 18th of May 2021.
To determine if Assertio Therapeutics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Assertio Therapeutics' research are outlined below:
| Assertio Therapeutics generated a negative expected return over the last 90 days | |
| Assertio Therapeutics has some characteristics of a very speculative penny stock | |
| Assertio Therapeutics has high historical volatility and very poor performance | |
| Assertio Therapeutics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 152.07 M. Net Loss for the year was (331.94 M) with profit before overhead, payroll, taxes, and interest of 138.29 M. | |
| Latest headline from thelincolnianonline.com: Assertio Holdings, Inc. Director Heather L. Mason Buys 75,000 Shares |
Assertio Therapeutics Quarterly Cash And Short Term Investments |
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Assertio Therapeutics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Assertio Therapeutics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Assertio Therapeutics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Assertio Therapeutics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Assertio Therapeutics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-11 | 2024-09-30 | -0.04 | -0.03 | 0.01 | 25 | ||
2024-08-07 | 2024-06-30 | -0.03 | -0.04 | -0.01 | 33 | ||
2022-11-08 | 2022-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2024-05-06 | 2024-03-31 | -0.03 | -0.05 | -0.02 | 66 | ||
2022-03-09 | 2021-12-31 | 0.12 | 0.1 | -0.02 | 16 | ||
2010-04-29 | 2010-03-31 | -0.32 | -0.28 | 0.04 | 12 | ||
2017-08-07 | 2017-06-30 | 0.38 | 0.32 | -0.06 | 15 | ||
2022-08-08 | 2022-06-30 | 0.08 | 0.16 | 0.08 | 100 |
Know Assertio Therapeutics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Assertio Therapeutics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Assertio Therapeutics backward and forwards among themselves. Assertio Therapeutics' institutional investor refers to the entity that pools money to purchase Assertio Therapeutics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Two Sigma Investments Llc | 2024-09-30 | 876 K | Amvescap Plc. | 2024-06-30 | 564.1 K | Bridgeway Capital Management, Llc | 2024-09-30 | 498.6 K | Susquehanna International Group, Llp | 2024-06-30 | 490.3 K | Empowered Funds, Llc | 2024-06-30 | 409.9 K | Jane Street Group Llc | 2024-06-30 | 406.6 K | Perritt Capital Management Inc. | 2024-09-30 | 390.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 351.7 K | State Street Corp | 2024-06-30 | 339.3 K | Nantahala Capital Management, Llc | 2024-09-30 | 8.9 M | Vanguard Group Inc | 2024-09-30 | 4.5 M |
Assertio Therapeutics' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 81.8 M.Market Cap |
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Assertio Therapeutics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.90) | (1.80) | |
| Return On Capital Employed | (1.26) | (1.20) | |
| Return On Assets | (1.16) | (1.10) | |
| Return On Equity | (2.41) | (2.29) |
Determining Assertio Therapeutics' profitability involves analyzing its financial statements and using various financial metrics to determine if Assertio Therapeutics is a good buy. For example, gross profit margin measures Assertio Therapeutics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Assertio Therapeutics' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Assertio Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Assertio Therapeutics. Check Assertio Therapeutics' Beneish M Score to see the likelihood of Assertio Therapeutics' management manipulating its earnings.
Evaluate Assertio Therapeutics' management efficiency
Assertio Therapeutics has return on total asset (ROA) of (0.0144) % which means that it has lost $0.0144 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4236) %, meaning that it created substantial loss on money invested by shareholders. Assertio Therapeutics' management efficiency ratios could be used to measure how well Assertio Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -1.8 in 2024. Return On Capital Employed is likely to gain to -1.2 in 2024. Liabilities And Stockholders Equity is likely to gain to about 336.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 72.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.94 | 1.85 | |
| Tangible Book Value Per Share | 0.38 | 0.39 | |
| Enterprise Value Over EBITDA | (0.20) | (0.19) | |
| Price Book Value Ratio | 0.55 | 0.52 | |
| Enterprise Value Multiple | (0.20) | (0.19) | |
| Price Fair Value | 0.55 | 0.52 | |
| Enterprise Value | 1.5 B | 1.6 B |
The strategic initiatives led by Assertio Therapeutics' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.835 |
Basic technical analysis of Assertio Stock
As of the 26th of November, Assertio Therapeutics shows the Risk Adjusted Performance of (0.03), mean deviation of 3.29, and Standard Deviation of 4.6. Assertio Therapeutics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Assertio Therapeutics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Assertio Therapeutics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Assertio Therapeutics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Assertio Therapeutics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Assertio Therapeutics' Outstanding Corporate Bonds
Assertio Therapeutics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Assertio Therapeutics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Assertio bonds can be classified according to their maturity, which is the date when Assertio Therapeutics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| ASSOCIATED BANC P Corp BondUS045487AB12 | View |
Understand Assertio Therapeutics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Assertio Therapeutics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 3.29 | |||
| Coefficient Of Variation | (1,807) | |||
| Standard Deviation | 4.6 | |||
| Variance | 21.13 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 26.65 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 7.45 | |||
| Skewness | 0.3132 | |||
| Kurtosis | 3.03 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 3.29 | |||
| Coefficient Of Variation | (1,807) | |||
| Standard Deviation | 4.6 | |||
| Variance | 21.13 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 26.65 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 7.45 | |||
| Skewness | 0.3132 | |||
| Kurtosis | 3.03 |
Consider Assertio Therapeutics' intraday indicators
Assertio Therapeutics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Assertio Therapeutics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Assertio Therapeutics time-series forecasting models is one of many Assertio Therapeutics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Assertio Therapeutics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Assertio Stock media impact
Far too much social signal, news, headlines, and media speculation about Assertio Therapeutics that are available to investors today. That information is available publicly through Assertio media outlets and privately through word of mouth or via Assertio internal channels. However, regardless of the origin, that massive amount of Assertio data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Assertio Therapeutics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Assertio Therapeutics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Assertio Therapeutics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Assertio Therapeutics alpha.
Assertio Therapeutics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Assertio Therapeutics 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.
Assertio Therapeutics Corporate Management
| Jack Hoblitzell | VP Operations | Profile | |
| MD MBA | Senior Medical | Profile | |
| Ajay Patel | VP Officer | Profile | |
| Sam Schlessinger | Senior Counsel | Profile | |
| Molly Dir | Senior Administration | Profile | |
| Bill Iskos | Senior Operations | Profile |
Already Invested in Assertio Therapeutics?
The danger of trading Assertio Therapeutics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Assertio Therapeutics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Assertio Therapeutics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Assertio Therapeutics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Assertio Stock Analysis
When running Assertio Therapeutics' price analysis, check to measure Assertio Therapeutics' 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 Assertio Therapeutics is operating at the current time. Most of Assertio Therapeutics' value examination focuses on studying past and present price action to predict the probability of Assertio Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assertio Therapeutics' price. Additionally, you may evaluate how the addition of Assertio Therapeutics to your portfolios can decrease your overall portfolio volatility.