Desktop Stock Financials

DM
 Stock
  

USD 1.94  0.04  2.02%   

We urge to utilize analysis of Desktop Metal fundamentals to see if markets are presently mispricing the company. We have collected data for thirty-six available fundamental indicators for Desktop Metal, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Desktop Metal financials, including its current ratio, beta, and the relationship between the cash and equivalents and earnings per share . Please also check Desktop Metal number of shares shorted to verify the company can sustain itself down the road. Use Desktop Metal to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Desktop Metal to be traded at $1.8624 in 90 days.
  
With this module, you can analyze Desktop financials for your investing period. You should be able to track the changes in Desktop Metal individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Desktop Most Recent Estimates

EPS Estimate Next Quarter
(0.06) 
Diluted Eps
(0.90) 
EPS Estimate Current Year
(0.41) 
EPS Estimate Next Year
(0.23) 
EPS Estimate Current Quarter
(0.08) 
Earnings Share
(0.90) 
Understanding current and past Desktop Metal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Desktop Metal's financial statements are interrelated, with each one affecting the others. For example, an increase in Desktop Metal's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 12
Desktop Metal has less than 12 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Desktop Metal stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Desktop Metal's official financial statements usually reflect Desktop Metal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Desktop Metal. For example, before you start analyzing numbers published by Desktop accountants, it's critical to develop an understanding of what Desktop Metal's liquidity, profitability, and earnings quality are in the context of the Computer Hardware space in which it operates.
Please note, the presentation of Desktop Metal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Desktop Metal's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Desktop Metal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Desktop Metal. Please utilize our Beneish M Score to check the likelihood of Desktop Metal's management to manipulate its earnings.

Desktop Metal Company Summary

Desktop Metal competes with Apple, Microsoft, Johnson Johnson, and Anheuser-Busch InBev. Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company was founded in 2015 and is headquartered in Burlington, Massachusetts. Desktop Metal operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 1370 people.
Specialization
Technology, Computer Hardware
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS25058X1054
Business Address63 3rd Avenue,
BenchmarkNYSE Composite
Websitewww.desktopmetal.com
Phone978 224 1244
CurrencyUSD - US Dollar
You should never invest in Desktop Metal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Desktop Stock, because this is throwing your money away. Analyzing the key information contained in Desktop Metal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Desktop Metal Key Financial Ratios

Generally speaking, Desktop Metal's financial ratios allow both analysts and investors to convert raw data from Desktop Metal's financial statements into concise, actionable information that can be used to evaluate the performance of Desktop Metal over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Desktop Metal reports annually and quarterly.

Desktop Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Desktop Metal's current stock value. Our valuation model uses many indicators to compare Desktop Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desktop Metal competition to find correlations between indicators driving Desktop Metal's intrinsic value. More Info.
Desktop Metal is rated # 2 in shares owned by insiders category among related companies. It is rated # 5 in market capitalization category among related companies creating about  58,987,095  of Market Capitalization per Shares Owned by Insiders. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Desktop Metal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desktop Metal's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Desktop Metal's earnings, one of the primary drivers of an investment's value.

Desktop Metal Systematic Risk

Desktop Metal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Desktop Metal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Desktop Metal correlated with the market. If Beta is less than 0 Desktop Metal generally moves in the opposite direction as compared to the market. If Desktop Metal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desktop Metal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desktop Metal is generally in the same direction as the market. If Beta > 1 Desktop Metal moves generally in the same direction as, but more than the movement of the benchmark.
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About Desktop Metal Financials

What exactly are Desktop Metal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Desktop Metal's income statement, its balance sheet, and the statement of cash flows. Potential Desktop Metal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Desktop Metal investors may use each financial statement separately, they are all related. The changes in Desktop Metal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Desktop Metal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Desktop Metal is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Desktop has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Desktop Metal December 2, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Desktop Metal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Desktop Metal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desktop Metal based on widely used predictive technical indicators. In general, we focus on analyzing Desktop Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Desktop Metal's daily price indicators and compare them against related drivers.
Information Ratio(0.14)
Maximum Drawdown22.04
Value At Risk(8.37)
Potential Upside7.86
Continue to Investing Opportunities. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Desktop Metal price analysis, check to measure Desktop Metal'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 Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal's industry 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
628.8 M
Quarterly Revenue Growth YOY
0.85
Return On Assets
(0.13) 
Return On Equity
(0.59) 
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine Desktop Metal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.