Is MDxHealth Stock a Good Investment?
MDxHealth Investment Advice | MDXH |
- Examine MDxHealth'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 MDxHealth's leadership team and their track record. Good management can help MDxHealth 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 MDxHealth's business and its evolving consumer preferences.
- Compare MDxHealth's performance and market position to its competitors. Analyze how MDxHealth is positioned in terms of product offerings, innovation, and market share.
- Check if MDxHealth pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MDxHealth'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 MDxHealth SA ADR 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 MDxHealth SA ADR is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine MDxHealth Stock
Researching MDxHealth'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 12.0% of the company outstanding shares are owned by corporate insiders. The book value of MDxHealth was now reported as 0.61. The company recorded a loss per share of 1.53. MDxHealth SA ADR had not issued any dividends in recent years. The entity had 1:10 split on the 14th of November 2023.
To determine if MDxHealth 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 MDxHealth's research are outlined below:
MDxHealth SA ADR generated a negative expected return over the last 90 days | |
MDxHealth SA ADR may become a speculative penny stock | |
MDxHealth SA ADR has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 70.19 M. Net Loss for the year was (43.1 M) with profit before overhead, payroll, taxes, and interest of 19.22 M. | |
MDxHealth SA ADR currently holds about 40.02 M in cash with (21.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Roughly 12.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from gurufocus.com: AWM Investment Companys Strategic Acquisition of MDxHealth SA Shares |
MDxHealth Quarterly Good Will |
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MDxHealth 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 MDxHealth SA ADR. 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 MDxHealth'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 | |
20th 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 MDxHealth'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 MDxHealth's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2023-08-23 | 2023-06-30 | -0.22 | -0.3 | -0.08 | 36 | ||
2023-05-15 | 2023-03-31 | -0.4132 | -0.5 | -0.0868 | 21 | ||
2022-08-26 | 2022-06-30 | -0.6 | -0.7 | -0.1 | 16 | ||
2024-11-06 | 2024-09-30 | -0.27 | -0.4 | -0.13 | 48 | ||
2024-08-21 | 2024-06-30 | -0.26 | -0.42 | -0.16 | 61 | ||
2023-11-08 | 2023-09-30 | -0.19 | -0.4 | -0.21 | 110 | ||
2024-03-06 | 2023-12-31 | -0.11 | -0.39 | -0.28 | 254 | ||
2022-03-02 | 2021-12-31 | -0.47 | -0.88 | -0.41 | 87 |
Know MDxHealth's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MDxHealth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MDxHealth SA ADR backward and forwards among themselves. MDxHealth's institutional investor refers to the entity that pools money to purchase MDxHealth'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 | Rhumbline Advisers | 2024-06-30 | 72.0 |
MDxHealth's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 84.64 M.Market Cap |
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MDxHealth's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.88) | (0.93) | |
Return On Capital Employed | (0.25) | (0.26) | |
Return On Assets | (0.33) | (0.35) | |
Return On Equity | (5.98) | (5.68) |
Determining MDxHealth's profitability involves analyzing its financial statements and using various financial metrics to determine if MDxHealth is a good buy. For example, gross profit margin measures MDxHealth'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 MDxHealth's profitability and make more informed investment decisions.
Evaluate MDxHealth's management efficiency
MDxHealth SA ADR has return on total asset (ROA) of (0.1102) % which means that it has lost $0.1102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.4082) %, meaning that it created substantial loss on money invested by shareholders. MDxHealth's management efficiency ratios could be used to measure how well MDxHealth manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.93. The current Return On Capital Employed is estimated to decrease to -0.26. As of now, MDxHealth's Intangible Assets are increasing as compared to previous years. The MDxHealth's current Intangibles To Total Assets is estimated to increase to 0.65, while Other Current Assets are projected to decrease to under 1.5 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.28 | 0.26 | |
Tangible Book Value Per Share | (2.82) | (2.68) | |
Enterprise Value Over EBITDA | (3.97) | (3.77) | |
Price Book Value Ratio | 14.16 | 14.87 | |
Enterprise Value Multiple | (3.97) | (3.77) | |
Price Fair Value | 14.16 | 14.87 | |
Enterprise Value | 121 M | 127 M |
The management strategies employed by MDxHealth's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Beta -394 K |
Basic technical analysis of MDxHealth Stock
As of the 22nd of November, MDxHealth secures the Risk Adjusted Performance of (0.17), mean deviation of 2.45, and Standard Deviation of 3.89. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MDxHealth SA ADR, as well as the relationship between them.MDxHealth'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 MDxHealth insiders, such as employees or executives, is commonly permitted as long as it does not rely on MDxHealth'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 MDxHealth 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.
Mvm Partners Llc over a year ago Purchase by Mvm Partners Llc of 1000000 shares of MDxHealth |
MDxHealth's Outstanding Corporate Bonds
MDxHealth 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. MDxHealth SA ADR 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 MDxHealth bonds can be classified according to their maturity, which is the date when MDxHealth SA ADR 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 MDxHealth's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MDxHealth'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 | (0.17) | |||
Market Risk Adjusted Performance | (1.32) | |||
Mean Deviation | 2.45 | |||
Coefficient Of Variation | (433.53) | |||
Standard Deviation | 3.89 | |||
Variance | 15.11 | |||
Information Ratio | (0.26) | |||
Jensen Alpha | (0.97) | |||
Total Risk Alpha | (1.41) | |||
Treynor Ratio | (1.33) | |||
Maximum Drawdown | 27.04 | |||
Value At Risk | (6.29) | |||
Potential Upside | 3.5 | |||
Skewness | (2.58) | |||
Kurtosis | 11.53 |
Risk Adjusted Performance | (0.17) | |||
Market Risk Adjusted Performance | (1.32) | |||
Mean Deviation | 2.45 | |||
Coefficient Of Variation | (433.53) | |||
Standard Deviation | 3.89 | |||
Variance | 15.11 | |||
Information Ratio | (0.26) | |||
Jensen Alpha | (0.97) | |||
Total Risk Alpha | (1.41) | |||
Treynor Ratio | (1.33) | |||
Maximum Drawdown | 27.04 | |||
Value At Risk | (6.29) | |||
Potential Upside | 3.5 | |||
Skewness | (2.58) | |||
Kurtosis | 11.53 |
Consider MDxHealth's intraday indicators
MDxHealth 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 MDxHealth 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 | 22376.4 | |||
Daily Balance Of Power | 0.85 | |||
Rate Of Daily Change | 1.1 | |||
Day Median Price | 1.79 | |||
Day Typical Price | 1.82 | |||
Price Action Indicator | 0.17 | |||
Period Momentum Indicator | 0.17 |
MDxHealth Stock media impact
Far too much social signal, news, headlines, and media speculation about MDxHealth that are available to investors today. That information is available publicly through MDxHealth media outlets and privately through word of mouth or via MDxHealth internal channels. However, regardless of the origin, that massive amount of MDxHealth 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 MDxHealth 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 MDxHealth 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 MDxHealth's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MDxHealth alpha.
MDxHealth Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MDxHealth 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.
MDxHealth Corporate Management
Wim Criekinge | Chief Officer | Profile | |
Joseph Sollee | Executive Counsel | Profile | |
Ron CPA | Chief Officer | Profile | |
John Bellano | Chief Officer | Profile | |
Jason Poole | Chief Officer | Profile | |
Miriam Reyes | Executive Operations | Profile | |
Paul Marr | Ex America | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDxHealth SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. 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 MDxHealth. If investors know MDxHealth 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 MDxHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 3.099 | Quarterly Revenue Growth 0.205 | Return On Assets (0.11) | Return On Equity (2.41) |
The market value of MDxHealth SA ADR is measured differently than its book value, which is the value of MDxHealth that is recorded on the company's balance sheet. Investors also form their own opinion of MDxHealth's value that differs from its market value or its book value, called intrinsic value, which is MDxHealth'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 MDxHealth's market value can be influenced by many factors that don't directly affect MDxHealth'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 MDxHealth's value and its price, as these two are different measures arrived at by various means. Investors typically determine if MDxHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDxHealth'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.