Icad Stock Buy Hold or Sell Recommendation

ICAD
 Stock
  

USD 4.00  0.20  4.76%   

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Icad Inc is 'Strong Buy'. Macroaxis provides Icad buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Icad positions. The advice algorithm takes into account all of Icad's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Icad's buy-and-hold perspective. Please see Icad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Icad and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Icad Inc.

Execute Icad Buy or Sell Advice

The Icad recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Icad Inc. Macroaxis does not own or have any residual interests in Icad Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Icad's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IcadBuy Icad
Strong Buy

Volatility

Slightly riskyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Icad Inc has a Risk Adjusted Performance of (0.01682), Jensen Alpha of (0.15), Total Risk Alpha of (0.25) and Treynor Ratio of (0.10)
We provide advice to complement the regular expert consensus on Icad. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Icad Inc is not overpriced, please check out all Icad fundamentals, including its shares owned by institutions, price to sales, and the relationship between the shares outstanding and price to earning . Given that Icad Inc has a number of shares shorted of 1.1 M, we strongly advise you to confirm Icad Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Icad Trading Alerts and Improvement Suggestions

Icad Inc generated a negative expected return over the last 90 days
Icad Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 33.64 M. Net Loss for the year was (11.24 M) with profit before overhead, payroll, taxes, and interest of 24.56 M.
Icad Inc currently holds about 34.28 M in cash with (9.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Icad Inc has a poor financial position based on the latest SEC disclosures
Latest headline from www.marketscreener.com: Visionary Education Technology Purchase Agreement - Form 6-K - Marketscreener.com

Icad current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Icad 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. Icad 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 Mean Price13.83
Target Median Price13.00
Target High Price23.00
Recommendation Mean1.70
Number Of Analyst Opinions6
Target Low Price8.00
Average Consensus Strong Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Icad Returns Distribution Density

The distribution of Icad's historical returns is an attempt to chart the future uncertainty of Icad's future price movements. The chart of the probability distribution of Icad stock daily returns describes the distribution of returns around its average expected value. We use Icad Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Icad returns is essential to provide solid investment advice for Icad stock.
Mean Return-0.1Value At Risk-5.7
Potential Upside7.60Standard Deviation4.31
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Icad historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Icad Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(390 K)(301 K)(296 K)(461 K)(563 K)(607.45 K)
Depreciation Amortization and Accretion1.49 M708 K674 K577 K557 K571.66 K
Net Cash Flow or Change in Cash and Cash Equivalents802 K2.8 M3.13 M11.87 M7.1 M7.66 M
Issuance Repayment of Debt Securities5.85 M6.96 M(16 K)277 K(7.36 M)(7.56 M)
Net Cash Flow from Financing5.68 M6.98 M10.54 M19.33 M17.09 M18.44 M
Net Cash Flow from Investing2.46 M(316 K)(306 K)(474 K)(587 K)(633.34 K)
Net Cash Flow from Operations(7.34 M)(3.87 M)(7.11 M)(6.99 M)(9.41 M)(9.66 M)
Share Based Compensation3.66 M1.5 M1.17 M2.84 M2.78 M2.56 M

Icad Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Icad or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Icad stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Icad stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.15
β
Beta against DOW1.12
σ
Overall volatility
4.30
Ir
Information ratio -0.03

Icad Volatility Alert

Icad Inc exhibits very low volatility with skewness of -0.29 and kurtosis of 4.3. However, we advise investors to further study Icad Inc technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Icad's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Icad's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Icad Implied Volatility

Icad's implied volatility exposes the market's sentiment of Icad Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Icad's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Icad stock will not fluctuate a lot when Icad's options are near their expiration.

Icad Fundamentals Vs Peers

Comparing Icad's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Icad's direct or indirect competition across all of the common fundamentals between Icad and the related equities. This way, we can detect undervalued stocks with similar characteristics as Icad or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Icad's fundamental indicators could also be used in its relative valuation, which is a method of valuing Icad by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Icad to competition
FundamentalsIcadPeer Average
Return On Equity(29.19) %(0.31) %
Return On Asset(11.39) %(0.14) %
Profit Margin(33.43) %(1.27) %
Operating Margin(31.90) %(5.51) %
Current Valuation57.49 M16.62 B
Shares Outstanding25.11 M571.82 M
Shares Owned by Insiders7.50 %10.09 %
Shares Owned by Institutions47.06 %39.21 %
Number of Shares Shorted1.1 M4.71 M
Price to Earning(8.32) X28.72 X
Price to Book2.12 X9.51 X
Price to Sales3.14 X11.42 X
Revenue33.64 M9.43 B
Gross Profit24.56 M27.38 B
EBITDA(10.18 M)3.9 B
Net Income(11.24 M)570.98 M
Cash and Equivalents34.28 M2.7 B
Cash per Share1.36 X5.01 X
Total Debt1.16 M5.32 B
Debt to Equity0.024 %48.70 %
Current Ratio3.36 X2.16 X
Book Value Per Share1.99 X1.93 K
Cash Flow from Operations(9.41 M)971.22 M
Short Ratio5.03 X4.00 X
Earnings Per Share(0.37) X3.12 X
Price to Earnings To Growth(0.54) X4.89 X
Number of Employees13618.84 K
Beta1.21-0.15
Market Capitalization105.46 M19.03 B
Total Asset48.64 M29.47 B
Retained Earnings(242.03 M)9.33 B
Working Capital13.49 M1.48 B
Current Asset27.77 M9.34 B
   Acquisition by Michael Klein of 30000 shares of Icad subject to Rule 16b-3 [view details]

Icad Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Icad . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution5477.0
Daily Balance Of Power(1.05)
Rate Of Daily Change0.95
Day Median Price4.05
Day Typical Price4.03
Market Facilitation Index0.0
Price Action Indicator(0.15)

About Icad Buy or Sell Advice

When is the right time to buy or sell Icad Inc? Buying financial instruments such as Icad Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Icad investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables9.82 M10.03 M8.89 M7.7 M
Inventories2.61 M3.14 M4.17 M3.37 M

Use Investing Ideas to Build Portfolios

In addition to having Icad in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corona Opportunity Thematic Idea Now

Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 45 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corona Opportunity Theme or any other thematic opportunities.
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Please see Icad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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