Enveric Biosciences Stock Shares Outstanding
| ENVB Stock | USD 0.44 0.04 8.33% |
Enveric Biosciences fundamentals help investors to digest information that contributes to Enveric Biosciences' financial success or failures. It also enables traders to predict the movement of Enveric Stock. The fundamental analysis module provides a way to measure Enveric Biosciences' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enveric Biosciences stock.
As of October 17, 2024, Common Stock Shares Outstanding is expected to decline to 2,051. Enveric | Shares Outstanding |
Enveric Biosciences Company Shares Outstanding Analysis
Enveric Biosciences' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Enveric Biosciences Shares Outstanding | 8.92 M |
Most of Enveric Biosciences' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enveric Biosciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enveric Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Enveric Biosciences is extremely important. It helps to project a fair market value of Enveric Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Enveric Biosciences' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enveric Biosciences' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enveric Biosciences' interrelated accounts and indicators.
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Enveric Shares Outstanding Historical Pattern
Today, most investors in Enveric Biosciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enveric Biosciences' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enveric Biosciences shares outstanding as a starting point in their analysis.
Enveric Biosciences Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Enveric Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Enveric Biosciences has 8.92 M of shares currently outstending. This is 95.06% lower than that of the Biotechnology sector and 91.65% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 98.44% higher than that of the company.
Enveric Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enveric Biosciences' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enveric Biosciences could also be used in its relative valuation, which is a method of valuing Enveric Biosciences by comparing valuation metrics of similar companies.Enveric Biosciences is currently under evaluation in shares outstanding category among its peers.
Enveric Fundamentals
| Return On Equity | -2.06 | ||||
| Return On Asset | -0.8 | ||||
| Current Valuation | (3.3 M) | ||||
| Shares Outstanding | 8.92 M | ||||
| Shares Owned By Insiders | 7.72 % | ||||
| Shares Owned By Institutions | 5.60 % | ||||
| Number Of Shares Shorted | 198.97 K | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 0.08 X | ||||
| Gross Profit | 8.15 M | ||||
| EBITDA | (16.1 K) | ||||
| Net Income | (17.31 M) | ||||
| Cash And Equivalents | 18.01 M | ||||
| Cash Per Share | 11.44 X | ||||
| Total Debt | 2.34 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 8.33 X | ||||
| Book Value Per Share | 0.69 X | ||||
| Cash Flow From Operations | (14.09 M) | ||||
| Short Ratio | 1.86 X | ||||
| Earnings Per Share | (3.98) X | ||||
| Target Price | 8.32 | ||||
| Beta | 0.5 | ||||
| Market Capitalization | 4.3 M | ||||
| Total Asset | 6.12 M | ||||
| Retained Earnings | (96.5 M) | ||||
| Working Capital | 1.24 M | ||||
| Net Asset | 6.12 M |
About Enveric Biosciences Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enveric Biosciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enveric Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enveric Biosciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Enveric Biosciences Piotroski F Score and Enveric Biosciences Altman Z Score analysis. For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology space 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 Enveric Biosciences. If investors know Enveric 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 Enveric Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.98) | Revenue Per Share 37.678 | Quarterly Revenue Growth (0.07) | Return On Assets (0.81) | Return On Equity (2.06) |
The market value of Enveric Biosciences is measured differently than its book value, which is the value of Enveric that is recorded on the company's balance sheet. Investors also form their own opinion of Enveric Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Enveric Biosciences' 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 Enveric Biosciences' market value can be influenced by many factors that don't directly affect Enveric Biosciences' 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 Enveric Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enveric Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enveric Biosciences' 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.