Is Electrocore LLC Stock a Good Investment?
Electrocore LLC Investment Advice | ECOR |
- Examine Electrocore LLC's 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 Electrocore LLC's leadership team and their track record. Good management can help Electrocore LLC navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Electrocore LLC's business and its evolving consumer preferences.
- Compare Electrocore LLC's performance and market position to its competitors. Analyze how Electrocore LLC is positioned in terms of product offerings, innovation, and market share.
- Check if Electrocore LLC pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Electrocore LLC's 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 Electrocore LLC 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 Electrocore LLC is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Electrocore LLC Stock
Researching Electrocore LLC's 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 25.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.71. Electrocore LLC had not issued any dividends in recent years. The entity had 1:15 split on the 15th of February 2023.
To determine if Electrocore LLC 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 Electrocore LLC's research are outlined below:
| Electrocore LLC is way too risky over 90 days horizon | |
| Electrocore LLC appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 16.03 M. Net Loss for the year was (18.83 M) with profit before overhead, payroll, taxes, and interest of 7.21 M. | |
| Electrocore LLC currently holds about 26.33 M in cash with (14.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. | |
| Electrocore LLC has a frail financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: electroCores Truvaga Plus Wins Womans World Magazine 50 over |
Electrocore LLC 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 Electrocore LLC. 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 Electrocore LLC's 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 | |
| 1st 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 Electrocore LLC's 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 Electrocore LLC's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-07 | 2024-06-30 | -0.44 | -0.38 | 0.06 | 13 | ||
2024-05-08 | 2024-03-31 | -0.62 | -0.52 | 0.1 | 16 | ||
2022-11-03 | 2022-09-30 | -1.08 | -1.2 | -0.12 | 11 | ||
2022-08-04 | 2022-06-30 | -1.08 | -1.2 | -0.12 | 11 | ||
2022-05-05 | 2022-03-31 | -0.99 | -1.2 | -0.21 | 21 | ||
2023-05-03 | 2023-03-31 | -1 | -1.24 | -0.24 | 24 | ||
2021-11-04 | 2021-09-30 | -1.2 | -0.9 | 0.3 | 25 | ||
2021-03-11 | 2020-12-31 | -1.56 | -2.1 | -0.54 | 34 |
Know Electrocore LLC's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Electrocore LLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Electrocore LLC backward and forwards among themselves. Electrocore LLC's institutional investor refers to the entity that pools money to purchase Electrocore LLC's 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 | Tower Research Capital Llc | 2024-06-30 | 1.7 K | Ubs Group Ag | 2024-06-30 | 1.7 K | Kozak & Associates, Inc. | 2024-09-30 | 666 | Wells Fargo & Co | 2024-06-30 | 311 | Prestige Wealth Management Group Llc | 2024-06-30 | 270 | Advisor Group Holdings, Inc. | 2024-06-30 | 115 | Bank Of America Corp | 2024-06-30 | 50.0 | Tucker Asset Management Llc | 2024-06-30 | 13.0 | Jpmorgan Chase & Co | 2024-06-30 | 12.0 | Awm Investment Company Inc | 2024-06-30 | 541.7 K | International Assets Investment Management, Llc | 2024-09-30 | 535.1 K |
Electrocore LLC's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 66.14 M.Market Cap |
|
Electrocore LLC's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.17) | (1.23) | |
| Return On Capital Employed | (2.36) | (2.24) | |
| Return On Assets | (1.17) | (1.23) | |
| Return On Equity | (2.53) | (2.40) |
Determining Electrocore LLC's profitability involves analyzing its financial statements and using various financial metrics to determine if Electrocore LLC is a good buy. For example, gross profit margin measures Electrocore LLC's 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 Electrocore LLC's profitability and make more informed investment decisions.
Electrocore LLC's Earnings Breakdown by Geography
Evaluate Electrocore LLC's management efficiency
Electrocore LLC has return on total asset (ROA) of (0.4918) % which means that it has lost $0.4918 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5349) %, meaning that it created substantial loss on money invested by shareholders. Electrocore LLC's management efficiency ratios could be used to measure how well Electrocore LLC manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to -1.23. In addition to that, Return On Capital Employed is likely to grow to -2.24. At this time, Electrocore LLC's Asset Turnover is relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.35 | 1.28 | |
| Tangible Book Value Per Share | 1.35 | 1.28 | |
| Enterprise Value Over EBITDA | (1.30) | (1.37) | |
| Price Book Value Ratio | 4.41 | 4.63 | |
| Enterprise Value Multiple | (1.30) | (1.37) | |
| Price Fair Value | 4.41 | 4.63 | |
| Enterprise Value | 1.4 M | 1.4 M |
The management team at Electrocore LLC has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 0.562 |
Basic technical analysis of Electrocore Stock
As of the 22nd of November, Electrocore LLC shows the Downside Deviation of 4.87, coefficient of variation of 565.18, and Mean Deviation of 3.42. Electrocore LLC technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Electrocore LLC variance, as well as the relationship between the value at risk and skewness to decide if Electrocore LLC is priced favorably, providing market reflects its regular price of 9.92 per share. Given that Electrocore LLC has jensen alpha of 0.9399, we urge you to verify Electrocore LLC's prevailing market performance to make sure the company can sustain itself at a future point.Electrocore LLC's 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 Electrocore LLC insiders, such as employees or executives, is commonly permitted as long as it does not rely on Electrocore LLC's 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 Electrocore LLC 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.
Electrocore LLC's Outstanding Corporate Bonds
Electrocore LLC 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. Electrocore LLC 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 Electrocore bonds can be classified according to their maturity, which is the date when Electrocore LLC 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.
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Understand Electrocore LLC's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Electrocore LLC's 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 | 0.1418 | |||
| Market Risk Adjusted Performance | (0.95) | |||
| Mean Deviation | 3.42 | |||
| Semi Deviation | 4.33 | |||
| Downside Deviation | 4.87 | |||
| Coefficient Of Variation | 565.18 | |||
| Standard Deviation | 4.93 | |||
| Variance | 24.35 | |||
| Information Ratio | 0.1576 | |||
| Jensen Alpha | 0.9399 | |||
| Total Risk Alpha | 0.3036 | |||
| Sortino Ratio | 0.1596 | |||
| Treynor Ratio | (0.96) | |||
| Maximum Drawdown | 31.25 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 8.2 | |||
| Downside Variance | 23.73 | |||
| Semi Variance | 18.79 | |||
| Expected Short fall | (4.27) | |||
| Skewness | (0.83) | |||
| Kurtosis | 4.12 |
| Risk Adjusted Performance | 0.1418 | |||
| Market Risk Adjusted Performance | (0.95) | |||
| Mean Deviation | 3.42 | |||
| Semi Deviation | 4.33 | |||
| Downside Deviation | 4.87 | |||
| Coefficient Of Variation | 565.18 | |||
| Standard Deviation | 4.93 | |||
| Variance | 24.35 | |||
| Information Ratio | 0.1576 | |||
| Jensen Alpha | 0.9399 | |||
| Total Risk Alpha | 0.3036 | |||
| Sortino Ratio | 0.1596 | |||
| Treynor Ratio | (0.96) | |||
| Maximum Drawdown | 31.25 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 8.2 | |||
| Downside Variance | 23.73 | |||
| Semi Variance | 18.79 | |||
| Expected Short fall | (4.27) | |||
| Skewness | (0.83) | |||
| Kurtosis | 4.12 |
Consider Electrocore LLC's intraday indicators
Electrocore LLC 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 Electrocore LLC 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.
| Accumulation Distribution | 4021.25 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.1 | |||
| Day Typical Price | 10.04 | |||
| Price Action Indicator | (0.19) | |||
| Period Momentum Indicator | (0.02) |
Electrocore LLC Corporate Filings
| 15th of November 2024 Other Reports | ViewVerify | |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 4th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 5th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Electrocore Stock media impact
Far too much social signal, news, headlines, and media speculation about Electrocore LLC that are available to investors today. That information is available publicly through Electrocore media outlets and privately through word of mouth or via Electrocore internal channels. However, regardless of the origin, that massive amount of Electrocore 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 Electrocore LLC 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 Electrocore LLC 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 Electrocore LLC's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Electrocore LLC alpha.
Electrocore LLC Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Electrocore LLC 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.
Electrocore LLC Corporate Management
| Joshua Lev | Chief Officer | Profile | |
| Jackie Dorsky | VP Marketing | Profile | |
| Manuel Marques | Senior Operations | Profile | |
| Carrie Kochek | Senior Resources | Profile | |
| Donald Melnikoff | Regulatory Engineering | Profile | |
| Michael Mansfield | Vice Marketing | Profile |
Additional Tools for Electrocore Stock Analysis
When running Electrocore LLC's price analysis, check to measure Electrocore LLC'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 Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.