Velodyne Stock Buy Hold or Sell Recommendation

VLDR
 Stock
  

USD 1.02  0.04  4.08%   

Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Velodyne Lidar is 'Strong Sell'. Macroaxis provides Velodyne Lidar buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VLDR positions. The advice algorithm takes into account all of Velodyne Lidar's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Velodyne Lidar's buy-and-hold perspective. Also, please take a look at Velodyne Lidar 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 Velodyne and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Velodyne Lidar.

Execute Velodyne Lidar Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Velodyne LidarBuy Velodyne Lidar
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Velodyne Lidar has a Mean Deviation of 4.34, Standard Deviation of 5.6 and Variance of 31.34
We provide advice to complement the current expert consensus on Velodyne Lidar. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Velodyne Lidar is not overpriced, please validate all Velodyne Lidar fundamentals, including its short ratio, market capitalization, as well as the relationship between the total debt and gross profit . Given that Velodyne Lidar is a hitting penny stock territory we recommend to closely look at its number of shares shorted.

Velodyne Lidar Trading Alerts and Improvement Suggestions

Velodyne Lidar generated a negative expected return over the last 90 days
Velodyne Lidar has high historical volatility and very poor performance
Velodyne Lidar has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 48.29 M. Net Loss for the year was (185.6 M) with loss before overhead, payroll, taxes, and interest of (5.91 M).
Velodyne Lidar currently holds about 229.21 M in cash with (127.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 22.0% of the company outstanding shares are owned by insiders
Latest headline from MacroaxisInsider: Sale by Tewksbury Ted L Iii of 18563 shares of Velodyne Lidar

Velodyne Lidar current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Velodyne 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. Velodyne 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 Price3.74
Target Median Price1.70
Target High Price12.00
Recommendation Mean2.80
Number Of Analyst Opinions5
Target Low Price1.00
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.

Velodyne Lidar Returns Distribution Density

The distribution of Velodyne Lidar's historical returns is an attempt to chart the uncertainty of Velodyne Lidar's future price movements. The chart of the probability distribution of Velodyne Lidar stock daily returns describes the distribution of returns around its average expected value. We use Velodyne Lidar price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Velodyne Lidar returns is essential to provide solid investment advice for Velodyne Lidar.
Mean Return-0.18Value At Risk-8.77
Potential Upside8.99Standard Deviation5.60
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Velodyne Lidar 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.

Velodyne Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Velodyne Lidar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Velodyne Lidar backward and forwards among themselves. Velodyne Lidar's institutional investor refers to the entity that pools money to purchase Velodyne Lidar's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares138.5 K3.2 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares27.4 K26 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares29 K74 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares29 K134 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares29.5 K175 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares30.7 K327 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares18.3 K208 K
Yakira Capital Management IncWarrants128.9 K631 K
Note, although Velodyne Lidar's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Velodyne Lidar 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 Velodyne Lidar or Technology 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 Velodyne Lidar'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 Velodyne 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
-0.31
β
Beta against DOW1.98
σ
Overall volatility
5.52
Ir
Information ratio -0.04

Velodyne Lidar Volatility Alert

Velodyne Lidar exhibits very low volatility with skewness of 0.4 and kurtosis of 0.19. However, we advise investors to further study Velodyne Lidar technical indicators to ensure that all market info is available and is reliable. Velodyne Lidar is a potential penny stock. Although Velodyne Lidar may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Velodyne Lidar. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Velodyne instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Velodyne Lidar Fundamentals Vs Peers

Comparing Velodyne Lidar'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 Velodyne Lidar's direct or indirect competition across all of the common fundamentals between Velodyne Lidar and the related equities. This way, we can detect undervalued stocks with similar characteristics as Velodyne Lidar or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Velodyne Lidar's fundamental indicators could also be used in its relative valuation, which is a method of valuing Velodyne Lidar by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Velodyne Lidar to competition
FundamentalsVelodyne LidarPeer Average
Return On Equity(62.29) %(0.31) %
Return On Asset(31.48) %(0.14) %
Operating Margin(385.10) %(5.51) %
Current Valuation(7.97 M)16.62 B
Shares Outstanding196.45 M571.82 M
Shares Owned by Insiders22.15 %10.09 %
Shares Owned by Institutions31.17 %39.21 %
Number of Shares Shorted9.4 M4.71 M
Price to Book0.58 X9.51 X
Price to Sales3.93 X11.42 X
Revenue48.29 M9.43 B
Gross Profit(5.91 M)27.38 B
EBITDA(177.74 M)3.9 B
Net Income(185.6 M)570.98 M
Cash and Equivalents229.21 M2.7 B
Cash per Share1.04 X5.01 X
Total Debt17.54 M5.32 B
Debt to Equity0.08 %48.70 %
Current Ratio5.78 X2.16 X
Book Value Per Share1.67 X1.93 K
Cash Flow from Operations(127.19 M)971.22 M
Short Ratio2.70 X4.00 X
Earnings Per Share(1.52) X3.12 X
Price to Earnings To Growth0.02 X4.89 X
Number of Employees40718.84 K
Beta1.22-0.15
Market Capitalization190 M19.03 B
Z Score6.08.72
   Sale by Tewksbury Ted L Iii of 18563 shares of Velodyne Lidar [view details]

About Velodyne Lidar Buy or Sell Advice

When is the right time to buy or sell Velodyne Lidar? Buying financial instruments such as Velodyne Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the 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. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Velodyne Lidar 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.

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Silver
Silver Theme
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 40 constituents at this time.
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 Silver Theme or any other thematic opportunities.
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Also, please take a look at Velodyne Lidar 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 Velodyne Lidar information on this page should be used as a complementary analysis to other Velodyne Lidar'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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Is Velodyne Lidar'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 Velodyne Lidar. If investors know Velodyne 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 Velodyne Lidar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
242.3 M
Quarterly Revenue Growth YOY
(0.26) 
Return On Assets
(0.32) 
Return On Equity
(0.64) 
The market value of Velodyne Lidar is measured differently than its book value, which is the value of Velodyne that is recorded on the company's balance sheet. Investors also form their own opinion of Velodyne Lidar's value that differs from its market value or its book value, called intrinsic value, which is Velodyne Lidar'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 Velodyne Lidar's market value can be influenced by many factors that don't directly affect Velodyne Lidar'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 Velodyne Lidar's value and its price as these two are different measures arrived at by different means. Investors typically determine Velodyne Lidar value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velodyne Lidar'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.