Is LogicMark Stock a Good Investment?
LogicMark Investment Advice | LGMK |
- Examine LogicMark'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 LogicMark's leadership team and their track record. Good management can help LogicMark navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact LogicMark's business and its evolving consumer preferences.
- Compare LogicMark's performance and market position to its competitors. Analyze how LogicMark is positioned in terms of product offerings, innovation, and market share.
- Check if LogicMark pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about LogicMark'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 LogicMark 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 LogicMark is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine LogicMark Stock
Researching LogicMark'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 72.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.31. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. LogicMark recorded a loss per share of 206.75. The entity had not issued any dividends in recent years. The firm had 1:25 split on the 19th of November 2024.
To determine if LogicMark 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 LogicMark's research are outlined below:
| LogicMark generated a negative expected return over the last 90 days | |
| LogicMark has high historical volatility and very poor performance | |
| LogicMark may become a speculative penny stock | |
| LogicMarkhas 3,808,594 shares shorted by LogicMark investors is about 200% of outstending shares | |
| The company reported the previous year's revenue of 9.93 M. Net Loss for the year was (14.55 M) with profit before overhead, payroll, taxes, and interest of 7.23 M. | |
| LogicMark currently holds about 11.14 M in cash with (4.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| LogicMark has a poor financial position based on the latest SEC disclosures | |
| Roughly 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from benzinga.com: LogicMark Offers Safety Technology for Free To American Veterans Nationwide |
LogicMark Quarterly Accounts Payable |
|
LogicMark 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 LogicMark. 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 LogicMark'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 | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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 LogicMark'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 LogicMark's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-04-06 | 2021-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2020-11-13 | 2020-09-30 | 0.01 | -0.03 | -0.04 | 400 | ||
2024-08-13 | 2024-06-30 | -1.07 | -0.96 | 0.11 | 10 | ||
2020-03-30 | 2019-12-31 | 0.02 | 0.2 | 0.18 | 900 | ||
2018-11-14 | 2018-09-30 | -0.3 | -0.5 | -0.2 | 66 | ||
2017-08-08 | 2017-06-30 | -1.5 | -1.3 | 0.2 | 13 | ||
2024-11-12 | 2024-09-30 | -0.43 | -0.2 | 0.23 | 53 | ||
2017-03-30 | 2016-12-31 | -0.15 | -0.44 | -0.29 | 193 |
Know LogicMark's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as LogicMark is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LogicMark backward and forwards among themselves. LogicMark's institutional investor refers to the entity that pools money to purchase LogicMark'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 | Jones Financial Companies Lllp | 2024-06-30 | 2.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Harbor Investment Advisory, Llc | 2024-09-30 | 0.0 | Citadel Advisors Llc | 2024-09-30 | 0.0 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 0.0 | Susquehanna International Group, Llp | 2024-06-30 | 27.6 K | Vanguard Group Inc | 2024-09-30 | 18.9 K | Baader Bank Inc | 2024-09-30 | 18.7 K | Xtx Topco Ltd | 2024-09-30 | 11.2 K | Tower Research Capital Llc | 2024-06-30 | 5.3 K | Ubs Group Ag | 2024-06-30 | 3.2 K |
LogicMark's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.79 M.Market Cap |
|
LogicMark's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.74) | (1.83) | |
| Return On Capital Employed | (0.81) | (0.77) | |
| Return On Assets | (0.86) | (0.90) | |
| Return On Equity | (0.98) | (0.93) |
Determining LogicMark's profitability involves analyzing its financial statements and using various financial metrics to determine if LogicMark is a good buy. For example, gross profit margin measures LogicMark'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 LogicMark's profitability and make more informed investment decisions.
Evaluate LogicMark's management efficiency
LogicMark has return on total asset (ROA) of (0.2316) % which means that it has lost $0.2316 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7972) %, meaning that it created substantial loss on money invested by shareholders. LogicMark's management efficiency ratios could be used to measure how well LogicMark manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -1.83. Return On Capital Employed is expected to rise to -0.77 this year. At this time, LogicMark's Liabilities And Stockholders Equity is quite stable compared to the past year. Change To Liabilities is expected to grow at the current pace this year, although the value of Total Current Liabilities will most likely fall to about 2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.92 | 9.42 | |
| Tangible Book Value Per Share | 4.63 | 4.86 | |
| Enterprise Value Over EBITDA | (4.45) | (4.23) | |
| Price Book Value Ratio | 2.40 | 2.53 | |
| Enterprise Value Multiple | (4.45) | (4.23) | |
| Price Fair Value | 2.40 | 2.53 | |
| Enterprise Value | 26.6 M | 23.7 M |
LogicMark has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Beta 1.253 |
Basic technical analysis of LogicMark Stock
As of the 25th of November, LogicMark secures the Mean Deviation of 8.97, standard deviation of 11.91, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LogicMark, as well as the relationship between them.LogicMark'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 LogicMark insiders, such as employees or executives, is commonly permitted as long as it does not rely on LogicMark'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 LogicMark 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.
LogicMark's Outstanding Corporate Bonds
LogicMark 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. LogicMark 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 LogicMark bonds can be classified according to their maturity, which is the date when LogicMark 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 | |
| OCPMR 5125 23 JUN 51 Corp BondUS67091TAE55 | View | |
| OCPMR 45 22 OCT 25 Corp BondUS67091TAC99 | View | |
| OCPMR 375 23 JUN 31 Corp BondUS67091TAD72 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand LogicMark's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing LogicMark'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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.2101 | |||
| Mean Deviation | 8.97 | |||
| Coefficient Of Variation | (2,404) | |||
| Standard Deviation | 11.91 | |||
| Variance | 141.81 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (2.38) | |||
| Treynor Ratio | 0.2001 | |||
| Maximum Drawdown | 71.81 | |||
| Value At Risk | (17.11) | |||
| Potential Upside | 19.35 | |||
| Skewness | (0.02) | |||
| Kurtosis | 1.08 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2101 | |||
| Mean Deviation | 8.97 | |||
| Coefficient Of Variation | (2,404) | |||
| Standard Deviation | 11.91 | |||
| Variance | 141.81 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (2.38) | |||
| Treynor Ratio | 0.2001 | |||
| Maximum Drawdown | 71.81 | |||
| Value At Risk | (17.11) | |||
| Potential Upside | 19.35 | |||
| Skewness | (0.02) | |||
| Kurtosis | 1.08 |
Consider LogicMark's intraday indicators
LogicMark 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 LogicMark 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 | 20669.24 | |||
| Daily Balance Of Power | (1.06) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1.95 | |||
| Day Typical Price | 1.93 | |||
| Price Action Indicator | (0.16) | |||
| Period Momentum Indicator | (0.17) | |||
| Relative Strength Index | 52.62 |
LogicMark Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 12th of November 2024 Other Reports | ViewVerify | |
F3 | 30th of October 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F3 | 18th of October 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
LogicMark Stock media impact
Far too much social signal, news, headlines, and media speculation about LogicMark that are available to investors today. That information is available publicly through LogicMark media outlets and privately through word of mouth or via LogicMark internal channels. However, regardless of the origin, that massive amount of LogicMark 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 LogicMark 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 LogicMark 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 LogicMark's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive LogicMark alpha.
LogicMark Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards LogicMark 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.
LogicMark Corporate Management
| Garett Hunter | Senior Marketing | Profile | |
| ChiaLin Simmons | CEO and President | Profile | |
| Mark Archer | Chief Officer | Profile | |
| Kenneth Hoskins | Vice Operations | Profile | |
| Brady Farrell | VP Sales | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Electronic Equipment, Instruments & Components 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 LogicMark. If investors know LogicMark 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 LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (206.75) | Revenue Per Share 5.212 | Quarterly Revenue Growth 0.004 | Return On Assets (0.23) | Return On Equity (0.80) |
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark'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 LogicMark's market value can be influenced by many factors that don't directly affect LogicMark'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 LogicMark's value and its price, as these two are different measures arrived at by various means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark'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.