Is Taoping Stock a Good Investment?
Taoping Investment Advice | TAOP |
- Examine Taoping'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 Taoping's leadership team and their track record. Good management can help Taoping navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Taoping's business and its evolving consumer preferences.
- Compare Taoping's performance and market position to its competitors. Analyze how Taoping is positioned in terms of product offerings, innovation, and market share.
- Check if Taoping pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Taoping'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 Taoping 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 Taoping is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Taoping Stock
Researching Taoping'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). The company has price-to-book ratio of 0.15. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taoping last dividend was issued on the 30th of July 2020. The entity had 1:10 split on the 1st of August 2023.
To determine if Taoping 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 Taoping's research are outlined below:
| Taoping generated a negative expected return over the last 90 days | |
| Taoping has high historical volatility and very poor performance | |
| Taoping has some characteristics of a very speculative penny stock | |
| Taoping has a very high chance of going through financial distress in the upcoming years | |
| Taoping currently holds 9 M in liabilities with Debt to Equity (D/E) ratio of 0.48, which is about average as compared to similar companies. Taoping has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Taoping's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 38.64 M. Net Loss for the year was (697.94 K) with profit before overhead, payroll, taxes, and interest of 9.04 M. | |
| Taoping currently holds about 753.72 K in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Taoping has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: TAOP Stock Experiences Volatility Amid Software Service Sector Gains |
Taoping 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 Taoping. 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 Taoping'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.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Taoping'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 Taoping's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-08-06 | 2009-06-30 | 1.84 | 2.04 | 0.2 | 10 | ||
2010-05-10 | 2010-03-31 | 1.23 | 1.44 | 0.21 | 17 | ||
2008-08-12 | 2008-06-30 | 1.76 | 2.04 | 0.28 | 15 | ||
2009-11-09 | 2009-09-30 | 2.22 | 2.52 | 0.3 | 13 | ||
2010-03-05 | 2009-12-31 | 1.89 | 2.28 | 0.39 | 20 | ||
2008-11-12 | 2008-09-30 | 1.88 | 2.28 | 0.4 | 21 | ||
2009-05-11 | 2009-03-31 | 1.56 | 1.08 | -0.48 | 30 | ||
2011-08-10 | 2011-06-30 | 2.04 | 1.32 | -0.72 | 35 |
Know Taoping's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Taoping is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Taoping backward and forwards among themselves. Taoping's institutional investor refers to the entity that pools money to purchase Taoping'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 | Ubs Group Ag | 2024-06-30 | 61.4 K | Jpmorgan Chase & Co | 2024-06-30 | 1.0 | Symmetry Peak Management Llc | 2024-06-30 | 55 K | Citadel Advisors Llc | 2024-06-30 | 33.8 K | Geode Capital Management, Llc | 2024-06-30 | 30.4 K | Hrt Financial Llc | 2024-06-30 | 21.7 K | Virtu Financial Llc | 2024-06-30 | 20.6 K | Goldman Sachs Group Inc | 2024-06-30 | 17.9 K | Two Sigma Securities, Llc | 2024-06-30 | 13.6 K | Commonwealth Equity Services Inc | 2024-06-30 | 12 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.5 K |
Taoping's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.31 M.Market Cap |
|
Taoping's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.05) | (0.06) |
Determining Taoping's profitability involves analyzing its financial statements and using various financial metrics to determine if Taoping is a good buy. For example, gross profit margin measures Taoping'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 Taoping's profitability and make more informed investment decisions.
Evaluate Taoping's management efficiency
Taoping has return on total asset (ROA) of 0.0271 % which means that it generated a profit of $0.0271 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1697 %, meaning that it created $0.1697 on every $100 dollars invested by stockholders. Taoping's management efficiency ratios could be used to measure how well Taoping manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to -0.02. At this time, Taoping's Total Current Liabilities is relatively stable compared to the past year. Change To Liabilities is expected to grow at the current pace this year, while Liabilities And Stockholders Equity is likely to drop slightly above 31.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.68 | 6.35 | |
| Tangible Book Value Per Share | 6.26 | 5.94 | |
| Enterprise Value Over EBITDA | 3.12 | 2.97 | |
| Price Book Value Ratio | 0.22 | 0.21 | |
| Enterprise Value Multiple | 3.12 | 2.97 | |
| Price Fair Value | 0.22 | 0.21 | |
| Enterprise Value | 12 M | 11.4 M |
The management team at Taoping has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 0.693 |
Basic technical analysis of Taoping Stock
As of the 22nd of November, Taoping has the Variance of 60.81, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,064). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taoping, as well as the relationship between them.Taoping's Outstanding Corporate Bonds
Taoping 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. Taoping 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 Taoping bonds can be classified according to their maturity, which is the date when Taoping 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 Taoping's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Taoping'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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.33) | |||
| Mean Deviation | 5.12 | |||
| Coefficient Of Variation | (2,064) | |||
| Standard Deviation | 7.8 | |||
| Variance | 60.81 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 43.55 | |||
| Value At Risk | (8.97) | |||
| Potential Upside | 12.5 | |||
| Skewness | 1.91 | |||
| Kurtosis | 5.44 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.33) | |||
| Mean Deviation | 5.12 | |||
| Coefficient Of Variation | (2,064) | |||
| Standard Deviation | 7.8 | |||
| Variance | 60.81 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 43.55 | |||
| Value At Risk | (8.97) | |||
| Potential Upside | 12.5 | |||
| Skewness | 1.91 | |||
| Kurtosis | 5.44 |
Consider Taoping's intraday indicators
Taoping 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 Taoping 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.
Taoping time-series forecasting models is one of many Taoping'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 Taoping'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.
Taoping Stock media impact
Far too much social signal, news, headlines, and media speculation about Taoping that are available to investors today. That information is available publicly through Taoping media outlets and privately through word of mouth or via Taoping internal channels. However, regardless of the origin, that massive amount of Taoping 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 Taoping 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 Taoping 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 Taoping's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Taoping alpha.
Taoping Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Taoping 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.
Taoping Corporate Management
| Liqiong Yan | Chief Officer | Profile | |
| Yifu Liu | Ex VP | Profile | |
| Huan Li | CMO Division | Profile | |
| Junping Sun | Chief Investment Officer | Profile |
Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to measure Taoping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.