Planet Image International Stock Today

YIBO Stock   3.26  0.34  9.44%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Planet Image is selling at 3.26 as of the 26th of November 2024; that is 9.44 percent down since the beginning of the trading day. The stock's open price was 3.6. Planet Image has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Planet Image International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
25th of January 2024
Category
Technology
Classification
Industrials
Planet Image is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 27.57 M outstanding shares of which 34.84 K shares are at this time shorted by private and institutional investors with about 0.09 trading days to cover. More on Planet Image International

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Planet Stock Highlights

CEO DirectorShaofang Weng
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Industrials, NASDAQ Composite, Industrials, Commercial Services & Supplies, Computer Hardware, Technology, Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06960.0597
Fairly Up
Very volatile
Asset Turnover0.931.1532
Significantly Down
Slightly volatile
Gross Profit Margin0.270.3926
Way Down
Slightly volatile
Total Current Liabilities64.1 M82.4 M
Significantly Down
Slightly volatile
Non Current Liabilities Total13.1 M14.8 M
Fairly Down
Slightly volatile
Total Assets130.1 M130.3 M
Slightly Down
Slightly volatile
Total Current Assets115 M118.6 M
Sufficiently Down
Slightly volatile
Total Cash From Operating Activities10.5 M17.9 M
Way Down
Slightly volatile
Planet Image 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 Planet Image's financial leverage. It provides some insight into what part of Planet Image's total assets is financed by creditors.
Liquidity
Planet Image International currently holds 41.44 M in liabilities. Note, when we think about Planet Image's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

9.11 Million
Planet Image International (YIBO) is traded on NASDAQ Exchange in USA. It is located in No. 756 Guangfu Road, Xinyu, China and employs 1,248 people. Planet Image is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 139.82 M. Planet Image Interna conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 27.57 M outstanding shares of which 34.84 K shares are at this time shorted by private and institutional investors with about 0.09 trading days to cover. Planet Image generates positive cash flow from operations, but has no cash available
Check Planet Image Probability Of Bankruptcy
Ownership Allocation
Planet Image owns a total of 27.57 Million outstanding shares. Planet Image holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 93.55 pct. of Planet Image Interna outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Planet Ownership Details

Planet Image Historical Income Statement

At this time, Planet Image's Total Operating Expenses is very stable compared to the past year. As of the 26th of November 2024, Reconciled Depreciation is likely to grow to about 2.7 M, while Net Interest Income is likely to drop (567 K). View More Fundamentals

Planet Stock Against Markets

Already Invested in Planet Image International?

The danger of trading Planet Image International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Planet Image is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Planet Image. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Planet Image Interna is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Planet Image Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Planet Image's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Planet Image International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Planet Image International Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Planet Image International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Is Commercial Services & 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 Planet Image. If investors know Planet 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 Planet Image listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
0.15
Revenue Per Share
3.568
Quarterly Revenue Growth
0.078
Return On Assets
0.0639
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image'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 Planet Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image'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.