Clearside Biomedical Stock Analysis

CLSD Stock  USD 1.08  0.06  5.88%   
Clearside Biomedical is undervalued with Real Value of 2.2 and Target Price of 5.67. The main objective of Clearside Biomedical stock analysis is to determine its intrinsic value, which is an estimate of what Clearside Biomedical is worth, separate from its market price. There are two main types of Clearside Biomedical's stock analysis: fundamental analysis and technical analysis.
The Clearside Biomedical stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Clearside Biomedical's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearside Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Clearside Stock refer to our How to Trade Clearside Stock guide.

Clearside Stock Analysis Notes

About 23.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 130.0. Clearside Biomedical recorded a loss per share of 0.45. The entity had not issued any dividends in recent years. Clearside Biomedical, Inc., a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. Clearside Biomedical, Inc. was incorporated in 2011 and is headquartered in Alpharetta, Georgia. Clearside Biomedi operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 34 people. For more info on Clearside Biomedical please contact JD PharmD at 678 270 3631 or go to https://clearsidebio.com.

Clearside Biomedical Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Clearside Biomedical's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Clearside Biomedical or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Clearside Biomedical had very high historical volatility over the last 90 days
Clearside Biomedical has some characteristics of a very speculative penny stock
Clearside Biomedical has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 8.23 M. Net Loss for the year was (32.48 M) with profit before overhead, payroll, taxes, and interest of 1.12 M.
Clearside Biomedical currently holds about 29.03 M in cash with (18.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48.
Clearside Biomedical has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Clearside Biomedical, Inc. Receives Average Recommendation of Buy from Brokerages - MarketBeat

Clearside Biomedical Upcoming and Recent Events

14th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Clearside Largest EPS Surprises

Earnings surprises can significantly impact Clearside Biomedical'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-03-12
2023-12-31-0.09-0.080.0111 
2024-11-12
2024-09-30-0.12-0.10.0216 
2021-08-10
2021-06-30-0.13-0.110.0215 
View All Earnings Estimates

Clearside Stock Institutional Investors

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
Northern Trust Corp2024-09-30
133.5 K
Bridgeway Capital Management, Llc2024-06-30
130 K
Rosalind Advisors, Inc.2024-09-30
127.2 K
Pnc Financial Services Group Inc2024-09-30
107.9 K
Brown Wealth Management, Llc2024-09-30
100 K
Citadel Advisors Llc2024-06-30
96.6 K
Northeast Financial Consultants, Inc2024-06-30
93 K
Captrust Financial Advisors2024-06-30
87 K
Marshall Wace Asset Management Ltd2024-06-30
62.1 K
Vanguard Group Inc2024-09-30
2.8 M
Armistice Capital, Llc2024-06-30
2.1 M
Note, although Clearside Biomedical's 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.

Clearside Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 81.91 M.

Clearside Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.95)(1.00)
Return On Capital Employed(0.91)(0.96)
Return On Assets(0.95)(1.00)
Return On Equity 2.04  2.14 

Management Efficiency

Clearside Biomedical has return on total asset (ROA) of (0.4405) % which means that it has lost $0.4405 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (13.1002) %, meaning that it created substantial loss on money invested by shareholders. Clearside Biomedical's management efficiency ratios could be used to measure how well Clearside Biomedical manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 2.14, whereas Return On Tangible Assets are forecasted to decline to (1.00). At present, Clearside Biomedical's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 35.9 M, whereas Other Current Assets are forecasted to decline to about 670.7 K.
Last ReportedProjected for Next Year
Book Value Per Share(0.26)(0.24)
Tangible Book Value Per Share(0.26)(0.24)
Enterprise Value Over EBITDA(3.75)(3.93)
Price Book Value Ratio(4.54)(4.32)
Enterprise Value Multiple(3.75)(3.93)
Price Fair Value(4.54)(4.32)
Enterprise Value86.4 M61.2 M
Leadership at Clearside Biomedical emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Operating Margin
(84.33)
Beta
2.332
Return On Assets
(0.44)
Return On Equity
(13.10)

Technical Drivers

As of the 24th of November, Clearside Biomedical shows the mean deviation of 3.78, and Risk Adjusted Performance of 0.0428. Clearside Biomedical technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Clearside Biomedical potential upside, skewness, as well as the relationship between the jensen alpha and coefficient of variation to decide if Clearside Biomedical is priced correctly, providing market reflects its regular price of 1.08 per share. Given that Clearside Biomedical is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Clearside Biomedical Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Clearside Biomedical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Clearside Biomedical. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Clearside Biomedical 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 Clearside Biomedical insiders, such as employees or executives, is commonly permitted as long as it does not rely on Clearside Biomedical'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 Clearside Biomedical 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.

Clearside Biomedical Outstanding Bonds

Clearside Biomedical 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. Clearside Biomedical 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 Clearside bonds can be classified according to their maturity, which is the date when Clearside Biomedical 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.

Clearside Biomedical Predictive Daily Indicators

Clearside Biomedical 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 Clearside Biomedical 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.

Clearside Biomedical Forecast Models

Clearside Biomedical's time-series forecasting models are one of many Clearside Biomedical's stock analysis techniques aimed at predicting 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 Clearside Biomedical'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.

About Clearside Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Clearside Biomedical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Clearside shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Clearside Biomedical. By using and applying Clearside Stock analysis, traders can create a robust methodology for identifying Clearside entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(3.95)(4.15)
Operating Profit Margin(3.02)(3.17)
Net Loss(3.95)(4.15)
Gross Profit Margin 0.96  1.02 

Current Clearside Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Clearside analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Clearside analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.67Strong Buy7Odds
Clearside Biomedical current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Clearside analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Clearside stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Clearside Biomedical, talking to its executives and customers, or listening to Clearside conference calls.
Clearside Analyst Advice Details

Clearside Stock Analysis Indicators

Clearside Biomedical stock analysis indicators help investors evaluate how Clearside Biomedical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Clearside Biomedical shares will generate the highest return on investment. By understating and applying Clearside Biomedical stock analysis, traders can identify Clearside Biomedical position entry and exit signals to maximize returns.
Begin Period Cash Flow48.4 M
Common Stock Shares Outstanding61.8 M
Total Stockholder Equity-15.9 M
Property Plant And Equipment Net3.9 M
Cash And Short Term Investments28.9 M
Cash28.9 M
Accounts Payable2.2 M
Net Debt14.1 M
50 Day M A1.1762
Total Current Liabilities6.8 M
Other Operating Expenses33.1 M
Non Current Assets Total3.9 M
Non Currrent Assets Other30 K
Stock Based Compensation4.2 M

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