Neuropace Stock Today

NPCE Stock  USD 9.00  0.19  2.07%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 85

 
High
 
Low
Very High
Neuropace is trading at 9.00 as of the 22nd of November 2024, a 2.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.76. Neuropace has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Neuropace 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
22nd of April 2021
Category
Healthcare
Classification
Health Care
NeuroPace, Inc. operates as a medical device company in the United States. The company was incorporated in 1997 and is headquartered in Mountain View, California. Neuropace operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 29.85 M outstanding shares of which 437.93 K shares are now shorted by private and institutional investors with about 6.35 trading days to cover. More on Neuropace

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Neuropace Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOJoel Becker
Thematic IdeaMedical Equipment (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.850.6077
Significantly Up
Slightly volatile
Gross Profit Margin0.580.7356
Significantly Down
Slightly volatile
Net Debt51.3 M54.3 M
Notably Down
Slightly volatile
Total Current Liabilities19.4 M16.2 M
Fairly Up
Slightly volatile
Non Current Liabilities Total73.5 M70.8 M
Sufficiently Up
Very volatile
Total Assets95.1 M107.7 M
Fairly Down
Slightly volatile
Total Current Assets87.6 M92.7 M
Notably Down
Slightly volatile
Debt Levels
Neuropace 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 Neuropace's financial leverage. It provides some insight into what part of Neuropace's total assets is financed by creditors.
Liquidity
Neuropace currently holds 72.39 M in liabilities with Debt to Equity (D/E) ratio of 1.08, which is about average as compared to similar companies. Neuropace has a current ratio of 9.66, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Neuropace's use of debt, we should always consider it together with its cash and equity.

Investments

24.18 Million
Neuropace (NPCE) is traded on NASDAQ Exchange in USA. It is located in 455 North Bernardo Avenue, Mountain View, CA, United States, 94043 and employs 184 people. Neuropace is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 274.3 M. Neuropace conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 29.85 M outstanding shares of which 437.93 K shares are now shorted by private and institutional investors with about 6.35 trading days to cover. Neuropace currently holds about 92.41 M in cash with (19.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.72.
Check Neuropace Probability Of Bankruptcy
Ownership Allocation
Neuropace maintains a total of 29.85 Million outstanding shares. The majority of Neuropace outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Neuropace to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Neuropace. Please pay attention to any change in the institutional holdings of Neuropace as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, 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 Neuropace Ownership Details

Neuropace Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
159.8 K
State Street Corp2024-06-30
142.6 K
Renaissance Technologies Corp2024-09-30
87 K
Man Group Plc2024-06-30
38.5 K
Citadel Advisors Llc2024-06-30
37.1 K
Charles Schwab Investment Management Inc2024-09-30
36.5 K
Bank Of New York Mellon Corp2024-06-30
34.1 K
Bridgeway Capital Management, Llc2024-06-30
33.2 K
Two Sigma Investments Llc2024-06-30
33.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
4.9 M
Orbimed Advisors, Llc2024-06-30
3.4 M
View Neuropace Diagnostics

Neuropace Historical Income Statement

At present, Neuropace's Research Development is projected to increase significantly based on the last few years of reporting. View More Fundamentals

Neuropace Stock Against Markets

Neuropace Corporate Management

When determining whether Neuropace is a strong investment it is important to analyze Neuropace'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 Neuropace's future performance. For an informed investment choice regarding Neuropace Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neuropace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Neuropace Stock refer to our How to Trade Neuropace Stock guide.
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Is Health Care Equipment & Supplies 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 Neuropace. If investors know Neuropace 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 Neuropace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
2.697
Quarterly Revenue Growth
0.282
Return On Assets
(0.15)
Return On Equity
(2.15)
The market value of Neuropace is measured differently than its book value, which is the value of Neuropace that is recorded on the company's balance sheet. Investors also form their own opinion of Neuropace's value that differs from its market value or its book value, called intrinsic value, which is Neuropace'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 Neuropace's market value can be influenced by many factors that don't directly affect Neuropace'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 Neuropace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuropace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuropace'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.