Icad Inc Stock Today

ICAD Stock  USD 1.54  0.01  0.65%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Icad is trading at 1.54 as of the 22nd of November 2024, a 0.65 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.49. Icad has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for icad inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
3rd of December 1986
Category
Healthcare
Classification
Health Care
iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire. The company has 26.35 M outstanding shares of which 249.09 K shares are currently shorted by private and institutional investors with about 1.51 trading days to cover. More on icad inc

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Icad Stock Highlights

CEO PresidentDana Brown
Business ConcentrationHealth Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, SBF 120, SBF 120 Gross, CAC All Shares, Health Care, Health Care Technology, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.760.4181
Way Up
Pretty Stable
Total Current Liabilities9.3 M6.7 M
Significantly Up
Very volatile
Non Current Liabilities Total1.2 M1.3 M
Notably Down
Slightly volatile
Total Assets43.2 M41.4 M
Sufficiently Up
Very volatile
Total Current Assets19.9 M29.7 M
Way Down
Slightly volatile
Debt Levels
Icad can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Icad's financial leverage. It provides some insight into what part of Icad's total assets is financed by creditors.
Liquidity
icad inc currently holds 461 K in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. icad inc has a current ratio of 3.13, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Icad's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(5.92 Million)
icad inc (ICAD) is traded on NASDAQ Exchange in USA. It is located in 98 Spit Brook Road, Nashua, NH, United States, 03062 and employs 67 people. Icad is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.72 M. icad inc conducts business under Health Care Technology sector and is part of Health Care industry. The entity has 26.35 M outstanding shares of which 249.09 K shares are currently shorted by private and institutional investors with about 1.51 trading days to cover. icad inc currently holds about 27.18 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Icad Probability Of Bankruptcy
Ownership Allocation
icad inc has a total of 26.35 Million outstanding shares. Icad retains 5.63 (percent) of its outstanding shares held by insiders and 27.15 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Icad Ownership Details

Icad Stock Institutional Holders

InstituionRecorded OnShares
Essex, Llc2024-09-30
138 K
Morgan Stanley - Brokerage Accounts2024-06-30
102.4 K
Bridgeway Capital Management, Llc2024-06-30
74.6 K
Salem Investment Counselors Inc2024-06-30
73.9 K
State Street Corp2024-06-30
72.1 K
Susquehanna International Group, Llp2024-06-30
71.1 K
Wells Fargo & Co2024-06-30
59.7 K
Citadel Advisors Llc2024-06-30
56.6 K
Northern Trust Corp2024-09-30
54.5 K
Vanguard Group Inc2024-09-30
1.1 M
Arnhold & S. Bleichroeder Advisers, Llc2024-09-30
675.2 K
View Icad Diagnostics

Icad Historical Income Statement

At present, Icad's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 28.2 M, whereas Interest Expense is forecasted to decline to about 15.2 K. View More Fundamentals

Icad Stock Against Markets

Icad Corporate Management

Jonathan GoSr. VP of RandDProfile
Eric LonnqvistChief OfficerProfile
Annette HerouxVice AdministrationProfile
Stephen SarnoInterim OfficerProfile
Michelle StrongChief OfficerProfile
Brian TestaChief OfficerProfile
When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad 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 nation.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Technology 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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.718
Quarterly Revenue Growth
0.206
Return On Assets
(0.08)
Return On Equity
(0.15)
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.