Icad Stock Target Price and Analyst Consensus

ICAD
 Stock
  

USD 3.95  0.05  1.25%   

The current analyst and expert consensus on Icad is Strong Buy, with 0 strong sell and 4 strong buy opinions. The current projected Icad target price consensus is 20.75 with 4 analyst opinions. The most common way Icad Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Icad executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Icad. We encourage you to use your own analysis of Icad Inc to validate this buy or sell advice. Icad buy-or-sell recommendation module provides average expert sentiment on the projected Icad Inc target price to derive its highest and lowest estimates based on projected price volatility of 4.425. Please see Macroaxis Advice on Icad to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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As of July 2, 2022, Gross Profit is expected to decline to about 22.3 M. In addition to that, Profit Margin is expected to decline to -0.36. Icad Total Debt is projected to decrease significantly based on the last few years of reporting. The past year's Total Debt was at 1.16 Million. The current year Debt Current is expected to grow to about 1.4 M, whereas Receivables is forecasted to decline to about 7.7 M.

Icad Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Icad target price is determined by taking all analyst projections and averaging them out. 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 target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions4
Lowered Outlook0
Raized Outlook0
Strong Buy
Most Icad 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 Icad stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Icad Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Icad Target Price Projection

Icad's current and average target prices are 3.95 and 20.75, respectively. The current price of Icad is the price at which Icad Inc is currently trading. On the other hand, Icad's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Icad Market Quote on 2nd of July 2022

Low Price3.9Odds
High Price4.07Odds

3.95

Target Price

Analyst Consensus On Icad Target Price

Low Estimate16.0Odds
High Estimate25.0Odds
Number of Analysts4
Standard Deviation4.425

20.75

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Icad Inc and the information provided on this page.

Icad Analyst Ratings

Icad's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Icad stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Icad's financials, market performance, and future outlook by experienced professionals. Icad's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Icad Target Price Projections

Icad's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Icad Inc and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Icad depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Icad Inc including analysis of its current option contracts.
Icad's latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 1.73 with a put-to-call open interest ratio of 0.01 over 6 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-07-15. The current put volume is at 2, with calls trading at the volume of 97. This yields a 0.02 put-to-call volume ratio. The Icad option chain provides detailed quote and price information for the current Icad Inc option contracts. It shows all of Icad's listed puts, calls, expiration dates, strike prices, and other pricing information.
Icad's stock options are financial instruments that give investors the right to buy or sell shares of Icad Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Icad stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Icad's stock price goes up or down, the stock options follow.
Please see Macroaxis Advice on Icad to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Icad Current Options Market Mood

Icad's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Icad Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Icad's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Icad's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Icad's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Icad Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Icad is a key component of Icad valuation and have some predictive power on the future returns of a Icad.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Icad's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Icad in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.203.959.09
Details
Intrinsic
Valuation
LowReal ValueHigh
2.998.1313.27
Details
Naive
Forecast
LowNext ValueHigh
0.083.798.93
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-0.4-0.4-0.4
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icad. Your research has to be compared to or analyzed against Icad's peers to derive any actionable benefits. When done correctly, Icad's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Icad Inc.

Additional Icad Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Icad is a key component of Icad valuation and have some predictive power on the future returns of a Icad.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Icad's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Icad in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.203.959.09
Details
Intrinsic
Valuation
LowReal ValueHigh
2.998.1313.27
Details
Naive
Forecast
LowNext ValueHigh
0.083.798.93
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-0.4-0.4-0.4
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icad. Your research has to be compared to or analyzed against Icad's peers to derive any actionable benefits. When done correctly, Icad's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Icad Inc.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Please see Macroaxis Advice on Icad to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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The data published in Icad's official financial statements usually reflect Icad'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 Icad Inc. For example, before you start analyzing numbers published by Icad accountants, it's critical to develop an understanding of what Icad's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Icad'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, Icad's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Icad's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Icad Inc. Please utilize our Beneish M Score to check the likelihood of Icad's management to manipulate its earnings.