Cue Health Stock Analysis

HLTH
 Stock
  

USD 3.04  0.14  4.40%   

The current Cue Health price drop may raise some interest from stockholders. The stock closed today at a share price of 3.04 on 292,600 in trading volume. The company directors and management were unable to exploit market volatilities in August. However, diversifying your overall positions with Cue Health can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.93. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Cue Health partners.
Please check Risk vs Return Analysis.
  
The Cue Health stock analysis report makes it easy to digest most publicly released information about Cue Health and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cue Health Stock analysis module also helps to analyze the Cue Health price relationship with some important fundamental indicators such as market cap and management efficiency.

Cue Health Stock Analysis Notes

About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cue Health has Price/Earnings To Growth (PEG) ratio of 0.52. The entity recorded a loss per share of 0.51. The firm had not issued any dividends in recent years. Cue Health Inc., a healthcare technology company, designs and develops diagnostic platform for diagnostic tests for individuals, enterprises, healthcare providers and payors, and public health agencies. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California. Cue Health operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1585 people. To learn more about Cue Health call Harry Fleming at 858 412 8151 or check out https://www.cuehealth.com.

Cue Health Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cue Health's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cue Health or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cue Health generated a negative expected return over the last 90 days
Cue Health has high historical volatility and very poor performance
About 15.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Acquisition by Ghaim Joshua of 47980 shares of Cue Health subject to Rule 16b-3

Cue Health Upcoming and Recent Events

Earnings reports are used by Cue Health to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cue Health previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of February 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Cue Health SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cue Health prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cue Health investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cue Health specific information freely available to individual and institutional investors to make a timely investment decision.
10th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
22nd of July 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
12th of July 2022
Other Events
View
1st of July 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
11th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
29th of March 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
14th of February 2022
Unclassified Corporate Event
View
9th of February 2022
Unclassified Corporate Event
View

Cue Health Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cue Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cue Health backward and forwards among themselves. Cue Health's institutional investor refers to the entity that pools money to purchase Cue Health'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
Oakmont CorpCommon Shares9.8 M31.3 M
Decheng Capital Management Iii Cayman LlcCommon SharesM28.7 M
Johnson JohnsonCommon Shares5.5 M17.8 M
Blackrock IncCommon Shares5.3 M17.1 M
Koch Industries IncCommon Shares5.3 M16.9 M
Jabodon Pt CoCommon Shares4.6 M14.6 M
Temasek Holdings Private LtdCommon Shares3.1 M10 M
Citadel Advisors LlcCall Options579.6 K1.9 M
Note, although Cue Health'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.

Cue Health Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 465.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cue Health's market, we take the total number of its shares issued and multiply it by Cue Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cue Health Profitablity

Cue Health's profitability indicators refer to fundamental financial ratios that showcase Cue Health's ability to generate income relative to its revenue or operating costs. If, let's say, Cue Health is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cue Health's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cue Health's profitability requires more research than a typical breakdown of Cue Health's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 10.39 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 24.33 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.24.

Management Efficiency

The entity has return on total asset (ROA) of 16.24 % which means that it generated profit of $16.24 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 18.67 %, meaning that it created $18.67 on every $100 dollars invested by stockholders. Cue Health management efficiency ratios could be used to measure how well cue health manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 25th of September, Cue Health shows the risk adjusted performance of (0.08), and Mean Deviation of 3.92. Cue Health technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Cue Health, which can be compared to its rivals. Please confirm Cue Health variance, as well as the relationship between the value at risk and skewness to decide if Cue Health is priced correctly, providing market reflects its regular price of 3.04 per share. Given that Cue Health has jensen alpha of (0.32), we suggest you to validate Cue Health's prevailing market performance to make sure the company can sustain itself at a future point.

Cue Health Price Movement Analysis

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 Mid-point over period is an average of Cue Health highest and lowest values attained during the given period.
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Cue Health Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cue Health insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cue Health's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cue Health insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ghaim Joshua 2 days ago via Macroaxis 
Acquisition by Ghaim Joshua of 47980 shares of Cue Health subject to Rule 16b-3
Sever Clint over a week ago via Macroaxis 
Exercise or conversion by Sever Clint of 26664 shares of Cue Health subject to Rule 16b-3
Sever Clint over two weeks ago via Macroaxis 
Payment of 10633 shares by Sever Clint of Cue Health subject to Rule 16b-3
Sever Clint over a month ago via Macroaxis 
Exercise or conversion by Sever Clint of 26664 shares of Cue Health subject to Rule 16b-3
Sever Clint over two months ago via Macroaxis 
Exercise or conversion by Sever Clint of 26664 shares of Cue Health subject to Rule 16b-3
Sever Clint over two months ago via Macroaxis 
Payment of 24748 shares by Sever Clint of Cue Health subject to Rule 16b-3
Sever Clint over three months ago via Macroaxis 
Payment of 10633 shares by Sever Clint of Cue Health subject to Rule 16b-3
Sever Clint over three months ago via Macroaxis 
Payment of 99772 shares by Sever Clint of Cue Health subject to Rule 16b-3
Gallagher John E over three months ago via Macroaxis 
Payment of 12511 shares by Gallagher John E of Cue Health subject to Rule 16b-3
Sever Clint over six months ago via Macroaxis 
Payment of 34754 shares by Sever Clint of Cue Health subject to Rule 16b-3
Palsis Erica over six months ago via Macroaxis 
Payment of 38912 shares by Palsis Erica of Cue Health subject to Rule 16b-3
Gallagher John E over six months ago via Macroaxis 
Payment of 17452 shares by Gallagher John E of Cue Health subject to Rule 16b-3

Cue Health Predictive Daily Indicators

Cue Health intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cue Health stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cue Health Forecast Models

Cue Health time-series forecasting models is one of many Cue Health's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cue Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cue Health Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cue Health prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cue Health shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Cue Health. By using and applying Cue Health Stock analysis, traders can create a robust methodology for identifying Cue Health entry and exit points for their positions.
Cue Health Inc., a healthcare technology company, designs and develops diagnostic platform for diagnostic tests for individuals, enterprises, healthcare providers and payors, and public health agencies. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California. Cue Health operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1585 people.

Current Cue Health Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cue Health 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. Cue Health 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 PriceAdvice# of Analysts
15.0Buy3Odds
Cue Health current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cue Health analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cue Health stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cue Health, talking to its executives and customers, or listening to Cue Health conference calls.
Cue Health Analyst Advice Details

Cue Health Stock Analysis Indicators

Cue Health stock analysis indicators help investors evaluate how Cue Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cue Health shares will generate the highest return on investment. By understating and applying Cue Health stock analysis, traders can identify Cue Health position entry and exit signals to maximize returns.
Quick Ratio2.62
Fifty Two Week Low2.7500
Revenue Growth178.20%
Shares Short Prior Month2.19M
Average Daily Volume Last 10 Day877.82k
Average Daily Volume In Three Month758.9k
Earnings Growth-77.40%
Shares Percent Shares Out3.27%
Earnings Quarterly Growth-78.50%
Gross Margins45.78%
Short Percent Of Float4.47%
Forward Price Earnings-2.34
Float Shares98.27M
Fifty Two Week High22.5500
Enterprise Value To Ebitda0.62
Fifty Day Average3.6494
Two Hundred Day Average6.6556
Enterprise Value To Revenue0.18
Please check Risk vs Return Analysis. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Cue Health price analysis, check to measure Cue Health'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 Cue Health is operating at the current time. Most of Cue Health's value examination focuses on studying past and present price action to predict the probability of Cue Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cue Health's price. Additionally, you may evaluate how the addition of Cue Health to your portfolios can decrease your overall portfolio volatility.
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Is Cue Health'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 Cue Health. If investors know Cue Health 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 Cue Health 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 Cue Health is measured differently than its book value, which is the value of Cue Health that is recorded on the company's balance sheet. Investors also form their own opinion of Cue Health's value that differs from its market value or its book value, called intrinsic value, which is Cue Health'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 Cue Health's market value can be influenced by many factors that don't directly affect Cue Health'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 Cue Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Cue Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cue Health'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.