Is Healthcare Triangle Stock a Good Investment?
Healthcare Triangle Investment Advice | HCTI |
- Examine Healthcare Triangle'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 Healthcare Triangle's leadership team and their track record. Good management can help Healthcare Triangle 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 Healthcare Triangle's business and its evolving consumer preferences.
- Compare Healthcare Triangle's performance and market position to its competitors. Analyze how Healthcare Triangle is positioned in terms of product offerings, innovation, and market share.
- Check if Healthcare Triangle pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Healthcare Triangle'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 Healthcare Triangle 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 Healthcare Triangle is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | 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 Healthcare Triangle Stock
Researching Healthcare Triangle'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 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Healthcare Triangle recorded a loss per share of 2.17. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 26th of May 2023.
To determine if Healthcare Triangle 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 Healthcare Triangle's research are outlined below:
| Healthcare Triangle is way too risky over 90 days horizon | |
| Healthcare Triangle has some characteristics of a very speculative penny stock | |
| Healthcare Triangle appears to be risky and price may revert if volatility continues | |
| Healthcare Triangle has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 33.2 M. Net Loss for the year was (12.34 M) with profit before overhead, payroll, taxes, and interest of 10.52 M. | |
| Healthcare Triangle currently holds about 1.36 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Health, science leaders meet to discuss triangle-area advancements - WRAL News |
Healthcare Triangle 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 Healthcare Triangle. 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 Healthcare Triangle'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.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Healthcare Triangle'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 Healthcare Triangle's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-10 | 2022-09-30 | -0.04 | -0.07 | -0.03 | 75 | ||
2023-05-09 | 2023-03-31 | -0.04 | -0.08 | -0.04 | 100 | ||
2022-08-08 | 2022-06-30 | -0.05 | -0.01 | 0.04 | 80 | ||
2023-03-28 | 2022-12-31 | -0.04 | -0.13 | -0.09 | 225 | ||
2023-08-10 | 2023-06-30 | -0.03 | -0.4224 | -0.3924 | 1308 |
Know Healthcare Triangle's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Healthcare Triangle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Healthcare Triangle backward and forwards among themselves. Healthcare Triangle's institutional investor refers to the entity that pools money to purchase Healthcare Triangle'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 | Two Sigma Securities, Llc | 2024-06-30 | 32.9 K | Two Sigma Investments Llc | 2024-09-30 | 23.8 K | Ubs Group Ag | 2024-06-30 | 13.1 K | Geode Capital Management, Llc | 2024-09-30 | 10.4 K | Tower Research Capital Llc | 2024-06-30 | 9.5 K | Bank Of America Corp | 2024-06-30 | 12.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Jpmorgan Chase & Co | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-09-30 | 0.0 |
Healthcare Triangle's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.04 M.Market Cap |
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Healthcare Triangle's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.03) | (1.93) | |
| Return On Capital Employed | (5.89) | (5.60) | |
| Return On Assets | (1.23) | (1.17) | |
| Return On Equity | (22.93) | (21.79) |
Determining Healthcare Triangle's profitability involves analyzing its financial statements and using various financial metrics to determine if Healthcare Triangle is a good buy. For example, gross profit margin measures Healthcare Triangle'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 Healthcare Triangle's profitability and make more informed investment decisions.
Evaluate Healthcare Triangle's management efficiency
Healthcare Triangle has return on total asset (ROA) of (0.545) % which means that it has lost $0.545 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.8756) %, meaning that it created substantial loss on money invested by shareholders. Healthcare Triangle's management efficiency ratios could be used to measure how well Healthcare Triangle manages its routine affairs as well as how well it operates its assets and liabilities. The Healthcare Triangle's current Return On Tangible Assets is estimated to increase to -1.93. The Healthcare Triangle's current Return On Capital Employed is estimated to increase to -5.6. As of now, Healthcare Triangle's Intangible Assets are increasing as compared to previous years. The Healthcare Triangle's current Non Current Assets Total is estimated to increase to about 7 M, while Total Assets are projected to decrease to under 9.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.13 | 0.12 | |
| Tangible Book Value Per Share | (0.81) | (0.77) | |
| Enterprise Value Over EBITDA | (3.58) | (3.41) | |
| Price Book Value Ratio | 21.62 | 26.09 | |
| Enterprise Value Multiple | (3.58) | (3.41) | |
| Price Fair Value | 21.62 | 26.09 | |
| Enterprise Value | 16.9 M | 16.1 M |
Understanding the operational decisions made by Healthcare Triangle management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.492 |
Basic technical analysis of Healthcare Stock
As of the 26th of November, Healthcare Triangle retains the market risk adjusted performance of (8.41), and Risk Adjusted Performance of 0.0856. Healthcare Triangle technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Healthcare Triangle'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 Healthcare Triangle insiders, such as employees or executives, is commonly permitted as long as it does not rely on Healthcare Triangle'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 Healthcare Triangle 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.
Mathiesen Jeffrey S over a month ago Insider Trading | ||
Mathiesen Jeffrey S over six months ago Insider Trading | ||
Bhuiyan Mohammad Jainal over six months ago Disposition of 50000 shares by Bhuiyan Mohammad Jainal of Healthcare Triangle at 0.394 subject to Rule 16b-3 | ||
Lakshmanan Kannappan over six months ago Acquisition by Lakshmanan Kannappan of 200000 shares of Healthcare Triangle at 0.001 subject to Rule 16b-3 | ||
Rosa David A over six months ago Acquisition by Rosa David A of 10000 shares of Healthcare Triangle at 1.78 subject to Rule 16b-3 | ||
Lakshmanan Kannappan over a year ago Disposition of 200000 shares by Lakshmanan Kannappan of Healthcare Triangle subject to Rule 16b-3 | ||
Bhuiyan Mohammad Jainal over a year ago Healthcare Triangle exotic insider transaction detected | ||
Rosa David A over a year ago Acquisition by Rosa David A of tradable shares of Healthcare Triangle subject to Rule 16b-3 |
Healthcare Triangle's Outstanding Corporate Bonds
Healthcare Triangle 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. Healthcare Triangle 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 Healthcare bonds can be classified according to their maturity, which is the date when Healthcare Triangle 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 | |
| HEALTHCARE TRUST OF Corp BondUS42225UAH77 | View | |
| US42225UAG94 Corp BondUS42225UAG94 | View | |
| HR 3625 15 JAN 28 Corp BondUS42225UAK07 | View | |
| HR 205 15 MAR 31 Corp BondUS42225UAM62 | View | |
| HR 24 15 MAR 30 Corp BondUS42225UAL89 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| HEALTHCARE TR AMER Corp BondUS42225UAD63 | View |
Understand Healthcare Triangle's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Healthcare Triangle'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 | 0.0856 | |||
| Market Risk Adjusted Performance | (8.41) | |||
| Mean Deviation | 7.89 | |||
| Semi Deviation | 8.74 | |||
| Downside Deviation | 10.43 | |||
| Coefficient Of Variation | 1005.02 | |||
| Standard Deviation | 17.96 | |||
| Variance | 322.49 | |||
| Information Ratio | 0.0923 | |||
| Jensen Alpha | 1.8 | |||
| Total Risk Alpha | (1.01) | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | (8.42) | |||
| Maximum Drawdown | 131.09 | |||
| Value At Risk | (18.35) | |||
| Potential Upside | 10.34 | |||
| Downside Variance | 108.69 | |||
| Semi Variance | 76.41 | |||
| Expected Short fall | (10.75) | |||
| Skewness | 4.94 | |||
| Kurtosis | 34.02 |
| Risk Adjusted Performance | 0.0856 | |||
| Market Risk Adjusted Performance | (8.41) | |||
| Mean Deviation | 7.89 | |||
| Semi Deviation | 8.74 | |||
| Downside Deviation | 10.43 | |||
| Coefficient Of Variation | 1005.02 | |||
| Standard Deviation | 17.96 | |||
| Variance | 322.49 | |||
| Information Ratio | 0.0923 | |||
| Jensen Alpha | 1.8 | |||
| Total Risk Alpha | (1.01) | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | (8.42) | |||
| Maximum Drawdown | 131.09 | |||
| Value At Risk | (18.35) | |||
| Potential Upside | 10.34 | |||
| Downside Variance | 108.69 | |||
| Semi Variance | 76.41 | |||
| Expected Short fall | (10.75) | |||
| Skewness | 4.94 | |||
| Kurtosis | 34.02 |
Consider Healthcare Triangle's intraday indicators
Healthcare Triangle 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 Healthcare Triangle 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.
Healthcare Triangle time-series forecasting models is one of many Healthcare Triangle's 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 Healthcare Triangle's 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.
Healthcare Stock media impact
Far too much social signal, news, headlines, and media speculation about Healthcare Triangle that are available to investors today. That information is available publicly through Healthcare media outlets and privately through word of mouth or via Healthcare internal channels. However, regardless of the origin, that massive amount of Healthcare 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 Healthcare Triangle 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 Healthcare Triangle 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 Healthcare Triangle's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Healthcare Triangle alpha.
Healthcare Triangle Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Healthcare Triangle 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.
Healthcare Triangle Corporate Management
| Shibu Kizhakevilayil | Head Director | Profile | |
| Suresh Venkatachari | Pres Chairman | Profile | |
| Lakshmanan Kannappan | Head Director | Profile | |
| Kristi Lane | VP Management | Profile | |
| Sudish Mogli | Consultant | Profile | |
| Thyagarajan Ramachandran | Chief Officer | Profile | |
| Michael Campana | Vice Marketing | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Triangle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Triangle. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.17) | Revenue Per Share 4.813 | Quarterly Revenue Growth (0.65) | Return On Assets (0.55) | Return On Equity (2.88) |
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Healthcare Triangle's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.