908 Devices Net Worth

908 Devices Net Worth Breakdown

  MASS
The net worth of 908 Devices is the difference between its total assets and liabilities. 908 Devices' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of 908 Devices' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. 908 Devices' net worth can be used as a measure of its financial health and stability which can help investors to decide if 908 Devices is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in 908 Devices stock.

908 Devices Net Worth Analysis

908 Devices' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including 908 Devices' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of 908 Devices' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform 908 Devices' net worth analysis. One common approach is to calculate 908 Devices' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares 908 Devices' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing 908 Devices' net worth. This approach calculates the present value of 908 Devices' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of 908 Devices' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate 908 Devices' net worth. This involves comparing 908 Devices' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into 908 Devices' net worth relative to its peers.

Enterprise Value

269.1 Million

To determine if 908 Devices 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 908 Devices' net worth research are outlined below:
908 Devices is way too risky over 90 days horizon
908 Devices appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 50.23 M. Net Loss for the year was (36.4 M) with profit before overhead, payroll, taxes, and interest of 28.03 M.
908 Devices currently holds about 212.99 M in cash with (25.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 65.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Catherine Woods Strategic Reduction in 908 Devices Inc An In-Depth Analysis

908 Devices Quarterly Good Will

10.14 Million

908 Devices 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 908 Devices. 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 908 Devices' 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.
5th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

908 Devices Target Price Consensus

908 target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. 908 Devices' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   5  Strong Buy
Most 908 analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand 908 stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of 908 Devices, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

908 Devices Target Price Projection

908 Devices' current and average target prices are 2.78 and 5.33, respectively. The current price of 908 Devices is the price at which 908 Devices is currently trading. On the other hand, 908 Devices' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

908 Devices Market Quote on 16th of February 2025

Low Price2.48Odds
High Price2.82Odds

2.78

Target Price

Analyst Consensus On 908 Devices Target Price

Low Estimate4.85Odds
High Estimate5.92Odds

5.3333

Historical Lowest Forecast  4.85 Target Price  5.33 Highest Forecast  5.92
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on 908 Devices and the information provided on this page.

Know 908 Devices' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as 908 Devices is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 908 Devices backward and forwards among themselves. 908 Devices' institutional investor refers to the entity that pools money to purchase 908 Devices' 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
Sumitomo Mitsui Trust Group Inc2024-12-31
467.4 K
Dimensional Fund Advisors, Inc.2024-09-30
397 K
Renaissance Technologies Corp2024-09-30
322.4 K
Junked Platinum Investment Management Ltd2024-09-30
257.4 K
Sands Capital Ventures, Llc2024-09-30
237.3 K
Citadel Advisors Llc2024-09-30
217.1 K
Nuveen Asset Management, Llc2024-09-30
204.4 K
Charles Schwab Investment Management Inc2024-12-31
201.8 K
Northern Trust Corp2024-09-30
186.7 K
Ark Investment Management Llc2024-12-31
2.8 M
Blackrock Inc2024-09-30
1.9 M
Note, although 908 Devices' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow 908 Devices' market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 96.81 M.

Market Cap

791.41 Million

Project 908 Devices' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.18)(0.19)
Return On Capital Employed(0.21)(0.22)
Return On Assets(0.16)(0.17)
Return On Equity(0.25)(0.24)
The company has Profit Margin (PM) of (1.09) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.71) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.71.
When accessing 908 Devices' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures 908 Devices' 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 908 Devices' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in 908 Devices' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 908 Devices. Check 908 Devices' Beneish M Score to see the likelihood of 908 Devices' management manipulating its earnings.

Evaluate 908 Devices' management efficiency

908 Devices has return on total asset (ROA) of (0.1556) % which means that it has lost $0.1556 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4) %, meaning that it created substantial loss on money invested by shareholders. 908 Devices' management efficiency ratios could be used to measure how well 908 Devices manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.19 in 2025. Return On Capital Employed is likely to drop to -0.22 in 2025. At this time, 908 Devices' Net Tangible Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 1.3 M in 2025, whereas Non Current Assets Total are likely to drop slightly above 16.8 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 4.62  2.52 
Tangible Book Value Per Share 4.11  2.37 
Enterprise Value Over EBITDA(6.52)(6.84)
Price Book Value Ratio 1.97  2.06 
Enterprise Value Multiple(6.52)(6.84)
Price Fair Value 1.97  2.06 
Enterprise Value283.3 M269.1 M
Leadership at 908 Devices emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Enterprise Value Revenue
0.5856
Revenue
55.2 M
Quarterly Revenue Growth
0.173
Revenue Per Share
1.648
Return On Equity
(0.40)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 908 Devices insiders, such as employees or executives, is commonly permitted as long as it does not rely on 908 Devices' 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 908 Devices 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.

908 Devices Corporate Filings

14th of February 2025
Other Reports
ViewVerify
F4
4th of February 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
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
12th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
908 Devices time-series forecasting models is one of many 908 Devices' 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 908 Devices' 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.

908 Devices Earnings Estimation Breakdown

The calculation of 908 Devices' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of 908 Devices is estimated to be -0.3825 with the future projection ranging from a low of -0.4675 to a high of -0.34. Please be aware that this consensus of annual earnings estimates for 908 Devices is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.84
-0.47
Lowest
Expected EPS
-0.3825
-0.34
Highest

908 Devices Earnings Projection Consensus

Suppose the current estimates of 908 Devices' value are higher than the current market price of the 908 Devices stock. In this case, investors may conclude that 908 Devices is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and 908 Devices' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
579.49%
-0.845
-0.3825
-1.79

908 Devices Earnings History

Earnings estimate consensus by 908 Devices analysts from Wall Street is used by the market to judge 908 Devices' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only 908 Devices' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

908 Devices Quarterly Gross Profit

8.33 Million

Retained Earnings is likely to drop to about (161.2 M) in 2025. Retained Earnings Total Equity is likely to drop to about (126.8 M) in 2025 Common Stock Shares Outstanding is likely to drop to about 30.1 M in 2025. Net Loss is likely to gain to about (28.7 M) in 2025.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 908 Devices' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.142.7611.00
Details
Intrinsic
Valuation
LowRealHigh
0.163.2711.51
Details
5 Analysts
Consensus
LowTargetHigh
4.855.335.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.47-0.38-0.34
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of 908 assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards 908 Devices. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving 908 Devices' stock price in the short term.

908 Devices Earnings per Share Projection vs Actual

Actual Earning per Share of 908 Devices refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering 908 Devices predict the company's earnings will be in the future. The higher the earnings per share of 908 Devices, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

908 Devices Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as 908 Devices, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of 908 Devices should always be considered in relation to other companies to make a more educated investment decision.

908 Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact 908 Devices' 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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-12
2024-09-30-0.28-0.845-0.565201 
2024-08-06
2024-06-30-0.33-0.310.02
2024-04-30
2024-03-31-0.36-0.330.03
2024-03-05
2023-12-31-0.26-0.230.0311 
2023-11-07
2023-09-30-0.3-0.220.0826 
2023-08-08
2023-06-30-0.35-0.290.0617 
2023-05-09
2023-03-31-0.35-0.39-0.0411 
2023-03-07
2022-12-31-0.26-0.31-0.0519 
2022-11-14
2022-09-30-0.22-0.20.02
2022-08-09
2022-06-30-0.27-0.260.01
2022-05-10
2022-03-31-0.31-0.30.01
2022-03-07
2021-12-31-0.18-0.120.0633 
2021-11-04
2021-09-30-0.15-0.19-0.0426 
2021-08-04
2021-06-30-0.21-0.27-0.0628 
2021-05-13
2021-03-31-0.22-0.220.0
2021-03-30
2020-12-31-0.16-1.48-1.32825 
2020-12-18
2020-09-300-0.03-0.03
2020-09-30
2020-06-300-0.2142-0.2142
2020-06-30
2020-03-3100.25780.2578
2020-03-31
2019-12-310-0.0569-0.0569
2019-09-30
2019-06-300-0.5925-0.5925
2019-06-30
2019-03-310-0.5122-0.5122
2019-03-31
2018-12-310-0.502-0.502

908 Devices Corporate Management

Kevin KnoppCEO, CoFounderProfile
Joseph IVCFO TreasurerProfile
Steve AraizaCoFounderProfile
Scott MillerCofounder EngineeringProfile
JD EsqChief SecretaryProfile

Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.