Is Zedge Stock a Good Investment?
Zedge Investment Advice | ZDGE |
- Examine Zedge'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 Zedge's leadership team and their track record. Good management can help Zedge navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Interactive Media & Services space and any emerging trends that could impact Zedge's business and its evolving consumer preferences.
- Compare Zedge's performance and market position to its competitors. Analyze how Zedge is positioned in terms of product offerings, innovation, and market share.
- Check if Zedge pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Zedge'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 Zedge 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 Zedge Inc is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Zedge Stock
Researching Zedge'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 16.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.25. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Zedge Inc recorded a loss per share of 0.67. The entity had not issued any dividends in recent years.
To determine if Zedge 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 Zedge's research are outlined below:
| Zedge Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 30.09 M. Net Loss for the year was (9.17 M) with profit before overhead, payroll, taxes, and interest of 28.23 M. | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Jonas Howard S of 8884 shares of Zedge subject to Rule 16b-3 |
Zedge Quarterly Cost Of Revenue |
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Zedge 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 Zedge 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 Zedge'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.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Zedge'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 Zedge's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-29 | 2024-07-31 | 0.04 | 0.02 | -0.02 | 50 | ||
2022-06-13 | 2022-04-30 | 0.07 | 0.05 | -0.02 | 28 | ||
2021-12-13 | 2021-10-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2024-06-11 | 2024-04-30 | -0.02 | 0.03 | 0.05 | 250 | ||
2024-12-11 | 2024-10-31 | 0.03 | -0.0241 | -0.0541 | 180 | ||
2022-12-13 | 2022-10-31 | -0.1 | -0.02 | 0.08 | 80 | ||
2022-10-26 | 2022-07-31 | -0.04 | -0.12 | -0.08 | 200 | ||
2020-10-22 | 2020-07-31 | -0.04 | 0.04 | 0.08 | 200 |
Zedge's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.48 M.Market Cap |
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Zedge's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.34) | (0.32) | |
| Return On Capital Employed | (0.42) | (0.40) | |
| Return On Assets | (0.28) | (0.26) | |
| Return On Equity | (0.34) | (0.32) |
Determining Zedge's profitability involves analyzing its financial statements and using various financial metrics to determine if Zedge is a good buy. For example, gross profit margin measures Zedge'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 Zedge's profitability and make more informed investment decisions.
Please note, the presentation of Zedge'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, Zedge's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zedge's management manipulating its earnings.
Evaluate Zedge's management efficiency
The current year's Return On Tangible Assets is expected to grow to -0.32. The current year's Return On Capital Employed is expected to grow to -0.4. At present, Zedge's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 6.6 M, whereas Net Tangible Assets are forecasted to decline to about 10.2 M. Zedge's management efficiency ratios could be used to measure how well Zedge manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.97 | 1.23 | |
| Tangible Book Value Per Share | 1.51 | 0.78 | |
| Enterprise Value Over EBITDA | 10.78 | 11.32 | |
| Price Book Value Ratio | 1.90 | 3.55 | |
| Enterprise Value Multiple | 10.78 | 11.32 | |
| Price Fair Value | 1.90 | 3.55 | |
| Enterprise Value | 12.2 M | 11.6 M |
At Zedge Inc, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 1.286 |
Basic technical analysis of Zedge Stock
As of the 30th of January, Zedge maintains the Mean Deviation of 4.13, downside deviation of 5.7, and Market Risk Adjusted Performance of (0.02). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zedge Inc, as well as the relationship between them. Please check out Zedge Inc information ratio, as well as the relationship between the value at risk and expected short fall to decide if Zedge Inc is priced fairly, providing market reflects its latest price of 2.67 per share. Please also validate Zedge Inc total risk alpha, which is currently at (0.58) to confirm the company can sustain itself at a future point.Zedge'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 Zedge insiders, such as employees or executives, is commonly permitted as long as it does not rely on Zedge'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 Zedge 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.
Zedge's Outstanding Corporate Bonds
Zedge 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. Zedge 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 Zedge bonds can be classified according to their maturity, which is the date when Zedge 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.
Understand Zedge's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Zedge'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 | 0.0114 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 4.13 | |||
| Semi Deviation | 5.61 | |||
| Downside Deviation | 5.7 | |||
| Coefficient Of Variation | 31207.67 | |||
| Standard Deviation | 6.66 | |||
| Variance | 44.38 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 49.03 | |||
| Value At Risk | (9.65) | |||
| Potential Upside | 10.2 | |||
| Downside Variance | 32.47 | |||
| Semi Variance | 31.52 | |||
| Expected Short fall | (4.57) | |||
| Skewness | 1.61 | |||
| Kurtosis | 9.53 |
| Risk Adjusted Performance | 0.0114 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 4.13 | |||
| Semi Deviation | 5.61 | |||
| Downside Deviation | 5.7 | |||
| Coefficient Of Variation | 31207.67 | |||
| Standard Deviation | 6.66 | |||
| Variance | 44.38 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 49.03 | |||
| Value At Risk | (9.65) | |||
| Potential Upside | 10.2 | |||
| Downside Variance | 32.47 | |||
| Semi Variance | 31.52 | |||
| Expected Short fall | (4.57) | |||
| Skewness | 1.61 | |||
| Kurtosis | 9.53 |
Consider Zedge's intraday indicators
Zedge 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 Zedge 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.
Zedge Corporate Filings
F4 | 23rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of November 2024 Other Reports | ViewVerify | |
10Q | 11th of June 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Zedge Stock media impact
Far too much social signal, news, headlines, and media speculation about Zedge that are available to investors today. That information is available publicly through Zedge media outlets and privately through word of mouth or via Zedge internal channels. However, regardless of the origin, that massive amount of Zedge 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 Zedge 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 Zedge 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 Zedge's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Zedge alpha.
Zedge Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Zedge 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.
Zedge Corporate Management
| Joyce Esq | Corporate Secretary | Profile | |
| Yi Tsai | CFO Treasurer | Profile | |
| Michael Jonas | Executive Board | Profile | |
| Tim Quirk | VP Marketplace | Profile |
Already Invested in Zedge Inc?
The danger of trading Zedge Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Zedge is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Zedge. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zedge Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Zedge Inc is a strong investment it is important to analyze Zedge'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 Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge 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 price. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Interactive Media & Services 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 Zedge. If investors know Zedge 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 Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (0.67) | Revenue Per Share | Quarterly Revenue Growth 0.143 | Return On Assets |
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.