908 Devices Net Worth
908 Devices Net Worth Breakdown | MASS |
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 |
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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 |
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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 Valuation908 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
Target Price
Analyst Consensus On 908 Devices Target Price
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 Inc | 2024-12-31 | 467.4 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 397 K | Renaissance Technologies Corp | 2024-09-30 | 322.4 K | Junked Platinum Investment Management Ltd | 2024-09-30 | 257.4 K | Sands Capital Ventures, Llc | 2024-09-30 | 237.3 K | Citadel Advisors Llc | 2024-09-30 | 217.1 K | Nuveen Asset Management, Llc | 2024-09-30 | 204.4 K | Charles Schwab Investment Management Inc | 2024-12-31 | 201.8 K | Northern Trust Corp | 2024-09-30 | 186.7 K | Ark Investment Management Llc | 2024-12-31 | 2.8 M | Blackrock Inc | 2024-09-30 | 1.9 M |
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 |
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Project 908 Devices' profitablity
Last Reported | Projected 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) |
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 Reported | Projected 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 Value | 283.3 M | 269.1 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 | Quarterly Revenue Growth 0.173 | Revenue Per Share | Return On Equity |
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 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
-0.47 Lowest | Expected EPS | -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 Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
5 | 79.49% | -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 |
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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.
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 | |||
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2024-11-12 | 2024-09-30 | -0.28 | -0.845 | -0.565 | 201 | ||
2024-08-06 | 2024-06-30 | -0.33 | -0.31 | 0.02 | 6 | ||
2024-04-30 | 2024-03-31 | -0.36 | -0.33 | 0.03 | 8 | ||
2024-03-05 | 2023-12-31 | -0.26 | -0.23 | 0.03 | 11 | ||
2023-11-07 | 2023-09-30 | -0.3 | -0.22 | 0.08 | 26 | ||
2023-08-08 | 2023-06-30 | -0.35 | -0.29 | 0.06 | 17 | ||
2023-05-09 | 2023-03-31 | -0.35 | -0.39 | -0.04 | 11 | ||
2023-03-07 | 2022-12-31 | -0.26 | -0.31 | -0.05 | 19 | ||
2022-11-14 | 2022-09-30 | -0.22 | -0.2 | 0.02 | 9 | ||
2022-08-09 | 2022-06-30 | -0.27 | -0.26 | 0.01 | 3 | ||
2022-05-10 | 2022-03-31 | -0.31 | -0.3 | 0.01 | 3 | ||
2022-03-07 | 2021-12-31 | -0.18 | -0.12 | 0.06 | 33 | ||
2021-11-04 | 2021-09-30 | -0.15 | -0.19 | -0.04 | 26 | ||
2021-08-04 | 2021-06-30 | -0.21 | -0.27 | -0.06 | 28 | ||
2021-05-13 | 2021-03-31 | -0.22 | -0.22 | 0.0 | 0 | ||
2021-03-30 | 2020-12-31 | -0.16 | -1.48 | -1.32 | 825 | ||
2020-12-18 | 2020-09-30 | 0 | -0.03 | -0.03 | 0 | ||
2020-09-30 | 2020-06-30 | 0 | -0.2142 | -0.2142 | 0 | ||
2020-06-30 | 2020-03-31 | 0 | 0.2578 | 0.2578 | 0 | ||
2020-03-31 | 2019-12-31 | 0 | -0.0569 | -0.0569 | 0 | ||
2019-09-30 | 2019-06-30 | 0 | -0.5925 | -0.5925 | 0 | ||
2019-06-30 | 2019-03-31 | 0 | -0.5122 | -0.5122 | 0 | ||
2019-03-31 | 2018-12-31 | 0 | -0.502 | -0.502 | 0 |
908 Devices Corporate Management
Kevin Knopp | CEO, CoFounder | Profile | |
Joseph IV | CFO Treasurer | Profile | |
Steve Araiza | CoFounder | Profile | |
Scott Miller | Cofounder Engineering | Profile | |
JD Esq | Chief Secretary | Profile |
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.