Prenetics Global Stock Analysis

PRE Stock  USD 5.25  0.16  2.96%   
Prenetics Global is overvalued with Real Value of 4.38 and Target Price of 9.0. The main objective of Prenetics Global stock analysis is to determine its intrinsic value, which is an estimate of what Prenetics Global is worth, separate from its market price. There are two main types of Prenetics Global's stock analysis: fundamental analysis and technical analysis.
The Prenetics Global 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 Prenetics Global's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prenetics Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.

Prenetics Stock Analysis Notes

About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prenetics Global has Price/Earnings (P/E) ratio of 144.87. The entity recorded a loss per share of 3.73. The firm last dividend was issued on the February 17, 2016. Prenetics Global had 1:15 split on the 14th of November 2023. Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong. Prenetics Global is traded on NASDAQ Exchange in the United States. To find out more about Prenetics Global contact the company at 852 2210 9588 or learn more at https://www.prenetics.com.

Prenetics Global Quarterly Total Revenue

7.78 Million

Prenetics Global 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. Prenetics Global's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Prenetics Global or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Prenetics Global had very high historical volatility over the last 90 days
The company reported the last year's revenue of 21.74 M. Reported Net Loss for the year was (64.78 M) with profit before taxes, overhead, and interest of 11.88 M.
Prenetics Global has about 176.27 M in cash with (13.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Roughly 21.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Trend Tracker for - Stock Traders Daily

Prenetics Global Upcoming and Recent Events

12th of March 2024
Upcoming Quarterly Report
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3rd of June 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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12th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Prenetics Largest EPS Surprises

Earnings surprises can significantly impact Prenetics Global'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
2023-06-05
2023-03-31-0.06-0.07-0.0116 
2023-09-15
2023-06-30-0.05-0.1-0.05100 
2022-11-10
2022-09-30-0.13-0.21-0.0861 
View All Earnings Estimates

Prenetics Global Environmental, Social, and Governance (ESG) Scores

Prenetics Global's ESG score is a quantitative measure that evaluates Prenetics Global's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Prenetics Global's operations that may have significant financial implications and affect Prenetics Global's stock price as well as guide investors towards more socially responsible investments.

Prenetics Global Thematic Classifications

In addition to having Prenetics Global stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Measuring and Control Equipment Idea
Measuring and Control Equipment
USA Equities from Measuring and Control Equipment industry as classified by Fama & French

Prenetics 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
Prudential Corp Plc2024-09-30
428 K
Aspex Management (hk) Ltd2024-09-30
346.1 K
Nomura Holdings Inc2024-09-30
323 K
Ubs Group Ag2024-09-30
12.5 K
Morgan Stanley - Brokerage Accounts2024-09-30
2.4 K
Aspire Private Capital, Llc2024-09-30
114
Bank Of America Corp2024-09-30
111
Wolverine Asset Management Llc2024-09-30
1.0
Yu Fan2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Note, although Prenetics Global'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.

Prenetics Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 66.1 M.

Prenetics Profitablity

The company has Net Profit Margin of (2.2) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (1.79) %, which entails that for every $100 of revenue, it lost $1.79.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.27)(0.28)
Return On Capital Employed(0.22)(0.21)
Return On Assets(0.22)(0.23)
Return On Equity(0.27)(0.29)

Management Efficiency

Prenetics Global has Return on Asset of (0.1031) % which means that on every $100 spent on assets, it lost $0.1031. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2167) %, meaning that it generated no profit with money invested by stockholders. Prenetics Global's management efficiency ratios could be used to measure how well Prenetics Global manages its routine affairs as well as how well it operates its assets and liabilities. As of January 31, 2025, Return On Tangible Assets is expected to decline to -0.28. The current year's Return On Capital Employed is expected to grow to -0.21. At present, Prenetics Global's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 9.7 M, whereas Other Assets are projected to grow to (7.1 M).
Last ReportedProjected for Next Year
Book Value Per Share 16.82  17.66 
Tangible Book Value Per Share 13.41  14.08 
Enterprise Value Over EBITDA(0.43)(0.46)
Price Book Value Ratio 0.37  0.35 
Enterprise Value Multiple(0.43)(0.46)
Price Fair Value 0.37  0.35 
Enterprise Value26.6 M25.3 M
The strategic initiatives led by Prenetics Global's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin
(1.79)
Profit Margin
(2.20)
Beta
(0.21)
Return On Assets
(0.10)
Return On Equity
(0.22)

Technical Drivers

As of the 31st of January, Prenetics Global holds the Coefficient Of Variation of 1434.09, risk adjusted performance of 0.0663, and Semi Deviation of 2.92. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prenetics Global, as well as the relationship between them. Please check Prenetics Global information ratio, as well as the relationship between the potential upside and kurtosis to decide if Prenetics Global is priced some-what accurately, providing market reflects its current price of 5.25 per share. Given that Prenetics Global has jensen alpha of 0.2835, we recommend you to check out Prenetics Global's recent market performance to make sure the company can sustain itself at a future point.

Prenetics Global Price Movement Analysis

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Prenetics Global 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 Prenetics Global. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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

Prenetics Global Outstanding Bonds

Prenetics Global 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. Prenetics Global 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 Prenetics bonds can be classified according to their maturity, which is the date when Prenetics Global 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.

Prenetics Global Predictive Daily Indicators

Prenetics Global 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 Prenetics Global 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.

Prenetics Global Corporate Filings

6K
13th of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
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6K
27th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
7th of November 2024
Other Reports
ViewVerify
6K
15th of October 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
7th of October 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
27th of September 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
16th of September 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Prenetics Global Forecast Models

Prenetics Global's time-series forecasting models are one of many Prenetics Global'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 Prenetics Global'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 Prenetics Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Prenetics Global 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 Prenetics 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 Prenetics Global. By using and applying Prenetics Stock analysis, traders can create a robust methodology for identifying Prenetics entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(3.00)(2.85)
Operating Profit Margin(2.75)(2.61)
Net Loss(3.32)(3.15)
Gross Profit Margin 0.37  0.31 

Current Prenetics Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Prenetics 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. Prenetics 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
9.0Strong Buy1Odds
Prenetics Global current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Prenetics 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 Prenetics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Prenetics Global, talking to its executives and customers, or listening to Prenetics conference calls.
Prenetics Analyst Advice Details

Prenetics Stock Analysis Indicators

Prenetics Global stock analysis indicators help investors evaluate how Prenetics Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Prenetics Global shares will generate the highest return on investment. By understating and applying Prenetics Global stock analysis, traders can identify Prenetics Global position entry and exit signals to maximize returns.
Begin Period Cash Flow146.7 M
Common Stock Shares Outstanding11.2 M
Total Stockholder Equity206.4 M
Tax Provision10.2 M
Property Plant And Equipment Net5.8 M
Cash And Short Term Investments72.7 M
Cash45.7 M
Accounts Payable1.7 M
Net Debt-43.3 M
50 Day M A5.2898
Total Current Liabilities39.5 M
Other Operating Expenses73.6 M
Non Current Assets Total160.5 M
Non Currrent Assets Other4.3 M
Stock Based Compensation10.6 M

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