Is Kineta Stock a Good Investment?
Kineta Investment Advice | KA |
- Examine Kineta'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 Kineta's leadership team and their track record. Good management can help Kineta navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Kineta's business and its evolving consumer preferences.
- Compare Kineta's performance and market position to its competitors. Analyze how Kineta is positioned in terms of product offerings, innovation, and market share.
- Check if Kineta pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Kineta'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 Kineta 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 Kineta Inc is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Kineta Stock
Researching Kineta'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 35.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.64. Kineta Inc had not issued any dividends in recent years. The entity had 1:7 split on the 19th of December 2022.
To determine if Kineta 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 Kineta's research are outlined below:
| Kineta Inc generated a negative expected return over the last 90 days | |
| Kineta Inc has high historical volatility and very poor performance | |
| Kineta Inc has some characteristics of a very speculative penny stock | |
| Kineta Inc has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (14.1 M) with gross profit of 9.09 M. | |
| Kineta generates negative cash flow from operations | |
| Kineta Inc has a frail financial position based on the latest SEC disclosures | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: ARMISTICE CAPITAL, LLC Acquires New Stake in Kineta Inc - GuruFocus.com |
Kineta Quarterly Liabilities And Stockholders Equity |
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Kineta 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 Kineta 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 Kineta'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.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th 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 Kineta'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 Kineta's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-21 | 2023-12-31 | -0.26 | -0.19 | 0.07 | 26 | ||
2023-11-03 | 2023-09-30 | -0.55 | -0.46 | 0.09 | 16 | ||
2023-08-11 | 2023-06-30 | -0.62 | -0.08 | 0.54 | 87 | ||
2024-05-15 | 2024-03-31 | -0.21 | -0.8947 | -0.6847 | 326 | ||
2022-11-14 | 2022-09-30 | -1.08 | -2.17 | -1.09 | 100 | ||
2021-11-15 | 2021-09-30 | -7.91 | -6.79 | 1.12 | 14 | ||
2021-08-12 | 2021-06-30 | -5.88 | -7.21 | -1.33 | 22 | ||
2022-08-04 | 2022-06-30 | -0.99 | -3.15 | -2.16 | 218 |
Kineta's market capitalization trends
The company currently falls under 'Nano-Cap' category with a market capitalization of 7.05 M.Market Cap |
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Kineta's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.19) | (2.30) | |
| Return On Capital Employed | (4.90) | (4.65) | |
| Return On Assets | (1.37) | (1.44) | |
| Return On Equity | (4.88) | (5.12) |
Determining Kineta's profitability involves analyzing its financial statements and using various financial metrics to determine if Kineta is a good buy. For example, gross profit margin measures Kineta'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 Kineta's profitability and make more informed investment decisions.
Please note, the presentation of Kineta'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, Kineta's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kineta's management manipulating its earnings.
Basic technical analysis of Kineta Stock
As of the 25th of November, Kineta secures the Mean Deviation of 5.1, risk adjusted performance of (0.01), and Standard Deviation of 8.1. Kineta Inc technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.Kineta'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 Kineta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Kineta'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 Kineta 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.
Understand Kineta's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Kineta'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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 5.1 | |||
| Coefficient Of Variation | (3,394) | |||
| Standard Deviation | 8.1 | |||
| Variance | 65.58 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 41.46 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.45 | |||
| Skewness | 0.0113 | |||
| Kurtosis | 4.74 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 5.1 | |||
| Coefficient Of Variation | (3,394) | |||
| Standard Deviation | 8.1 | |||
| Variance | 65.58 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 41.46 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.45 | |||
| Skewness | 0.0113 | |||
| Kurtosis | 4.74 |
Consider Kineta's intraday indicators
Kineta 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 Kineta 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.
Kineta time-series forecasting models is one of many Kineta'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 Kineta'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.
Kineta Stock media impact
Far too much social signal, news, headlines, and media speculation about Kineta that are available to investors today. That information is available publicly through Kineta media outlets and privately through word of mouth or via Kineta internal channels. However, regardless of the origin, that massive amount of Kineta 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 Kineta 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 Kineta 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 Kineta's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Kineta alpha.
Kineta Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Kineta 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.
Kineta Corporate Management
| Gary Gentges | Executive Development | Profile | |
| Jacques Bouchy | Executive Development | Profile | |
| JD Esq | General Secretary | Profile | |
| Thierry Guillaudeux | Chief Officer | Profile | |
| Keith Baker | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kineta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Biotechnology 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 Kineta. If investors know Kineta 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 Kineta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.64) | Quarterly Revenue Growth (1.00) | Return On Assets (1.14) | Return On Equity (3.69) |
The market value of Kineta Inc is measured differently than its book value, which is the value of Kineta that is recorded on the company's balance sheet. Investors also form their own opinion of Kineta's value that differs from its market value or its book value, called intrinsic value, which is Kineta'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 Kineta's market value can be influenced by many factors that don't directly affect Kineta'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 Kineta's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Kineta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kineta'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.