Is Icad Stock a Good Investment?

Icad Investment Advice

ICAD

To provide specific investment advice or recommendations on icad inc stock, we recommend investors consider the following general factors when evaluating icad inc. This will help you to make an informed decision on whether to include Icad in one of your diversified portfolios:

Examine Icad'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 Icad's leadership team and their track record. Good management can help Icad navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Health Care Technology space and any emerging trends that could impact Icad's business and its evolving consumer preferences.
Compare Icad's performance and market position to its competitors. Analyze how Icad is positioned in terms of product offerings, innovation, and market share.
Check if Icad pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Icad'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 icad inc 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 icad inc is a good investment.

Sell

Buy

Strong Sell

We provide advice to complement the regular expert consensus on Icad. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure icad inc is not overpriced, please check out all Icad fundamentals, including its operating margin, shares owned by institutions, price to sales, as well as the relationship between the shares outstanding and price to earning . Please also validate icad inc price to earning to confirm your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Market Performance	Weak	Details
Volatility	Dangerous	Details
Hype Condition	Under hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Actively responds to the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Poor	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Icad Stock

Researching Icad'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 27.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. icad inc recorded a loss per share of 0.2. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2012.

To determine if Icad 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 Icad's research are outlined below:

	icad inc had very high historical volatility over the last 90 days
	icad inc may become a speculative penny stock
	The company reported the previous year's revenue of 17.32 M. Net Loss for the year was (4.85 M) with profit before overhead, payroll, taxes, and interest of 20.11 M.
	icad inc currently holds about 27.18 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
	icad inc has a poor financial position based on the latest SEC disclosures
	Latest headline from thelincolnianonline.com: iCAD, Inc. Sees Significant Growth in Short Interest

Icad Quarterly Liabilities And Stockholders Equity

37.11 Million

Icad 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 icad inc. 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 Icad'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 Icad'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 Icad's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2024-11-11	2024-09-30	-0.08	-0.07	0.01	12
2024-08-13	2024-06-30	-0.07	-0.06	0.01	14
2024-05-15	2024-03-31	-0.06	-0.05	0.01	16
2021-11-09	2021-09-30	-0.08	-0.09	-0.01	12
2021-02-24	2020-12-31	-0.07	-0.06	0.01	14
2018-11-13	2018-09-30	-0.07	-0.06	0.01	14
2014-10-28	2014-09-30	0.03	0.02	-0.01	33
2023-03-28	2022-12-31	-0.14	-0.12	0.02	14

Know Icad's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Icad is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading icad inc backward and forwards among themselves. Icad's institutional investor refers to the entity that pools money to purchase Icad'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
Essex, Llc	2024-09-30	138 K
Morgan Stanley - Brokerage Accounts	2024-06-30	102.4 K
Bridgeway Capital Management, Llc	2024-06-30	74.6 K
Salem Investment Counselors Inc	2024-06-30	73.9 K
State Street Corp	2024-06-30	72.1 K
Susquehanna International Group, Llp	2024-06-30	71.1 K
Wells Fargo & Co	2024-06-30	59.7 K
Citadel Advisors Llc	2024-06-30	56.6 K
Northern Trust Corp	2024-09-30	54.5 K
Vanguard Group Inc	2024-09-30	1.1 M
Arnhold & S. Bleichroeder Advisers, Llc	2024-09-30	675.2 K

Note, although Icad's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Icad's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.72 M.

Market Cap

45.69 Million

Icad's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	(0.15)	(0.15)
Return On Capital Employed	(0.22)	(0.23)
Return On Assets	(0.12)	(0.12)
Return On Equity	(0.15)	(0.15)

The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.39) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.39.

Determining Icad's profitability involves analyzing its financial statements and using various financial metrics to determine if Icad is a good buy. For example, gross profit margin measures Icad'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 Icad's profitability and make more informed investment decisions.

Please note, the presentation of Icad's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Icad's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Icad's management manipulating its earnings.

Evaluate Icad's management efficiency

icad inc has return on total asset (ROA) of (0.0767) % which means that it has lost $0.0767 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1486) %, meaning that it created substantial loss on money invested by shareholders. Icad's management efficiency ratios could be used to measure how well Icad manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.15. In addition to that, Return On Capital Employed is expected to decline to -0.23. At present, Icad's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 891.5 K, whereas Intangible Assets are forecasted to decline to about 140.6 K.

	Last Reported	Projected for Next Year
Book Value Per Share	1.30	1.24
Tangible Book Value Per Share	0.97	1.83
Enterprise Value Over EBITDA	(3.67)	(3.86)
Price Book Value Ratio	1.36	1.29
Enterprise Value Multiple	(3.67)	(3.86)
Price Fair Value	1.36	1.29
Enterprise Value	56.4 M	44.9 M

Evaluating the management effectiveness of Icad allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Icad Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.

Beta

1.475

Basic technical analysis of Icad Stock

As of the 22nd of November, Icad retains the Market Risk Adjusted Performance of 0.0501, risk adjusted performance of 0.0198, and Downside Deviation of 5.32. Icad 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. Please check out icad inc variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Icad is priced fairly, providing market reflects its last-minute price of 1.54 per share. Please also validate icad inc total risk alpha, which is currently at (0.59) to confirm the company can sustain itself at a future point.

Icad'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 Icad insiders, such as employees or executives, is commonly permitted as long as it does not rely on Icad'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 Icad 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.

		Wood Susan Alyson over three months ago Acquisition by Wood Susan Alyson of 13137 shares of Icad at 2.7 subject to Rule 16b-3
		Sassine Andy over three months ago Disposition of 10000 shares by Sassine Andy of Icad at 5.26 subject to Rule 16b-3
		Jonathan Go over three months ago Acquisition by Jonathan Go of 30000 shares of Icad at 3.15 subject to Rule 16b-3
		Sassine Andy over six months ago Acquisition by Sassine Andy of 25259 shares of Icad at 1.52 subject to Rule 16b-3
		Susan Wood over six months ago Acquisition by Susan Wood of 3879 shares of Icad subject to Rule 16b-3
		Hricak Hedvig over six months ago Insider Trading
		Susan Wood over six months ago Acquisition by Susan Wood of 30000 shares of Icad subject to Rule 16b-3
		Susan Wood over a year ago Acquisition by Susan Wood of 13137 shares of Icad subject to Rule 16b-3

Icad's Outstanding Corporate Bonds

Icad 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. icad inc 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 Icad bonds can be classified according to their maturity, which is the date when icad inc 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.

	Dana 575 percent Corp Bond US235822AB96	View
	Volcan Compania Minera Corp Bond USP98047AC08	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	MPLX LP 4875 Corp Bond US55336VAG59	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	International Game Technology Corp Bond US460599AD57	View
	BNP Paribas FRN Corp Bond USF1R15XK367	View
	Morgan Stanley 3971 Corp Bond US61744YAL20	View

View All Icad Corporate Bonds

Understand Icad's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Icad'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	0.0198
	Market Risk Adjusted Performance	0.0501
	Mean Deviation	3.85
	Semi Deviation	4.97
	Downside Deviation	5.32
	Coefficient Of Variation	6803.27
	Standard Deviation	5.9
	Variance	34.78
	Information Ratio	(0)
	Jensen Alpha	(0.09)
	Total Risk Alpha	(0.59)
	Sortino Ratio	(0)
	Treynor Ratio	0.0401
	Maximum Drawdown	46.15
	Value At Risk	(5.96)
	Potential Upside	9.35
	Downside Variance	28.33
	Semi Variance	24.7
	Expected Short fall	(5.17)
	Skewness	0.2159
	Kurtosis	6.07

	Risk Adjusted Performance	0.0198
	Market Risk Adjusted Performance	0.0501
	Mean Deviation	3.85
	Semi Deviation	4.97
	Downside Deviation	5.32
	Coefficient Of Variation	6803.27
	Standard Deviation	5.9
	Variance	34.78
	Information Ratio	(0)
	Jensen Alpha	(0.09)
	Total Risk Alpha	(0.59)
	Sortino Ratio	(0)
	Treynor Ratio	0.0401
	Maximum Drawdown	46.15
	Value At Risk	(5.96)
	Potential Upside	9.35
	Downside Variance	28.33
	Semi Variance	24.7
	Expected Short fall	(5.17)
	Skewness	0.2159
	Kurtosis	6.07

Consider Icad's intraday indicators

Icad 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 Icad 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	15364.25
	Daily Balance Of Power	(0.09)
	Rate Of Daily Change	0.99
	Day Median Price	1.55
	Day Typical Price	1.54
	Price Action Indicator	(0.01)
	Period Momentum Indicator	(0.01)
	Relative Strength Index	45.51

Icad time-series forecasting models is one of many Icad'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 Icad'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.

Icad Stock media impact

Far too much social signal, news, headlines, and media speculation about Icad that are available to investors today. That information is available publicly through Icad media outlets and privately through word of mouth or via Icad internal channels. However, regardless of the origin, that massive amount of Icad 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 Icad 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 Icad 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 Icad's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Icad alpha.

Icad Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Icad 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.

Icad Corporate Management

Jonathan Go	Sr. VP of RandD	Profile
Eric Lonnqvist	Chief Officer	Profile
Annette Heroux	Vice Administration	Profile
Stephen Sarno	Interim Officer	Profile
Michelle Strong	Chief Officer	Profile
Brian Testa	Chief Officer	Profile

When determining whether icad inc is a strong investment it is important to analyze Icad's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports: