Envveno Medical Corp Stock Analysis
NVNO Stock | USD 3.41 0.11 3.33% |
enVVeno Medical Corp is undervalued with Real Value of 7.75 and Target Price of 20.4. The main objective of EnVVeno Medical stock analysis is to determine its intrinsic value, which is an estimate of what enVVeno Medical Corp is worth, separate from its market price. There are two main types of EnVVeno Medical's stock analysis: fundamental analysis and technical analysis.
The EnVVeno Medical stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. EnVVeno Medical is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. EnVVeno Stock trading window is adjusted to America/New York timezone.
EnVVeno |
EnVVeno Stock Analysis Notes
About 30.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.26. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. enVVeno Medical Corp recorded a loss per share of 1.29. The entity last dividend was issued on the 30th of November 2020. The firm had 1:25 split on the 30th of November 2020. enVVeno Medical Corporation, a medical device company, focuses on the development of various bioprosthetic tissue-based solutions to enhance the standard of care in the treatment of venous diseases. The company was formerly known as Hancock Jaffe Laboratories, Inc. and changed its name to enVVeno Medical Corporation in October 2021. enVVeno Medical Corporation was incorporated in 1999 and is based in Irvine, California. Envveno Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 24 people. To find out more about enVVeno Medical Corp contact Robert Berman at 949 261 2900 or learn more at https://www.envveno.com.enVVeno Medical Corp Investment Alerts
enVVeno Medical Corp generated a negative expected return over the last 90 days | |
enVVeno Medical Corp has high historical volatility and very poor performance | |
Net Loss for the year was (23.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
enVVeno Medical Corp currently holds about 37.48 M in cash with (18.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.96, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
enVVeno Medical Corp has a frail financial position based on the latest SEC disclosures | |
Latest headline from finance.yahoo.com: enVVeno Medical to Present Definitive One Year Data from the VenoValve U.S. Pivotal Trial Today at the 51st Annual VEITH Symposium |
enVVeno Medical Corp Upcoming and Recent Events
Earnings reports are used by EnVVeno Medical 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..
25th of January 2024 Upcoming Quarterly Report | View | |
6th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
25th of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
EnVVeno Largest EPS Surprises
Earnings surprises can significantly impact EnVVeno Medical's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2019-08-05 | 2019-06-30 | -0.11 | -0.13 | -0.02 | 18 | ||
2024-07-31 | 2024-06-30 | -0.36 | -0.31 | 0.05 | 13 | ||
2021-08-11 | 2021-06-30 | -0.34 | -0.28 | 0.06 | 17 |
EnVVeno Medical Environmental, Social, and Governance (ESG) Scores
EnVVeno Medical's ESG score is a quantitative measure that evaluates EnVVeno Medical's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of EnVVeno Medical's operations that may have significant financial implications and affect EnVVeno Medical's stock price as well as guide investors towards more socially responsible investments.
EnVVeno Medical Thematic Classifications
In addition to having EnVVeno Medical stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Health ManagementHealthcare providers, hospitals |
EnVVeno Stock Institutional Investors
Shares | Blackrock Inc | 2024-06-30 | 39.5 K | Westside Investment Management, Inc. | 2024-06-30 | 38.8 K | Northern Trust Corp | 2024-09-30 | 33.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 33.2 K | Fermata Advisors, Llc | 2024-09-30 | 30.2 K | State Street Corp | 2024-06-30 | 26.5 K | Laird Norton Tyee Trust Co | 2024-09-30 | 25 K | Ubs Group Ag | 2024-06-30 | 16.8 K | Arthur M. Cohen & Associates Llc | 2024-09-30 | 14 K | Perceptive Advisors Llc | 2024-09-30 | 694.3 K | Kingdon Capital Management Llc | 2024-06-30 | 653.9 K |
EnVVeno Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 59.8 M.EnVVeno Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.48) | (0.51) | |
Return On Capital Employed | (0.53) | (0.51) | |
Return On Assets | (0.48) | (0.51) | |
Return On Equity | (0.51) | (0.53) |
Management Efficiency
enVVeno Medical Corp has return on total asset (ROA) of (0.3728) % which means that it has lost $0.3728 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5877) %, meaning that it created substantial loss on money invested by shareholders. EnVVeno Medical's management efficiency ratios could be used to measure how well EnVVeno Medical manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.51. In addition to that, Return On Capital Employed is likely to grow to -0.51. At this time, EnVVeno Medical's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 1.8 M, while Non Currrent Assets Other are likely to drop about 26.5 K.Last Reported | Projected for Next Year | ||
Book Value Per Share | 3.76 | 3.94 | |
Tangible Book Value Per Share | 3.76 | 3.94 | |
Enterprise Value Over EBITDA | (2.44) | (2.56) | |
Price Book Value Ratio | 1.37 | 1.44 | |
Enterprise Value Multiple | (2.44) | (2.56) | |
Price Fair Value | 1.37 | 1.44 | |
Enterprise Value | 61 M | 64.1 M |
Leadership effectiveness at enVVeno Medical Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.218 | Return On Assets (0.37) | Return On Equity (0.59) |
Technical Drivers
As of the 25th of November, EnVVeno Medical shows the coefficient of variation of (798.32), and Risk Adjusted Performance of (0.09). In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of EnVVeno Medical, as well as the relationship between them.enVVeno Medical Corp Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. EnVVeno Medical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for enVVeno Medical Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
enVVeno Medical Corp 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 EnVVeno Medical insiders, such as employees or executives, is commonly permitted as long as it does not rely on EnVVeno Medical'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 EnVVeno Medical 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.
EnVVeno Medical Outstanding Bonds
EnVVeno Medical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. enVVeno Medical Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most EnVVeno bonds can be classified according to their maturity, which is the date when enVVeno Medical Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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EnVVeno Medical Predictive Daily Indicators
EnVVeno Medical 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 EnVVeno Medical 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.
EnVVeno Medical Corporate Filings
19th of November 2024 Other Reports | ViewVerify | |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
30th of September 2024 Other Reports | ViewVerify | |
FWP | 27th of September 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
26th of September 2024 Other Reports | ViewVerify | |
10Q | 31st of July 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
10th of May 2024 Other Reports | ViewVerify |
EnVVeno Medical Forecast Models
EnVVeno Medical's time-series forecasting models are one of many EnVVeno Medical's stock analysis techniques aimed at predicting 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 EnVVeno Medical'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 EnVVeno Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how EnVVeno Medical 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 EnVVeno 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 EnVVeno Medical. By using and applying EnVVeno Stock analysis, traders can create a robust methodology for identifying EnVVeno entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (280.68) | (266.64) | |
Operating Profit Margin | (282.51) | (268.39) | |
Net Loss | (280.68) | (266.64) | |
Gross Profit Margin | 0.01 | 0.01 |
Current EnVVeno Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. EnVVeno 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. EnVVeno 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 Price | Advice | # of Analysts | |
20.4 | Strong Buy | 1 | Odds |
Most EnVVeno 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 EnVVeno stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of enVVeno Medical Corp, talking to its executives and customers, or listening to EnVVeno conference calls.
EnVVeno Stock Analysis Indicators
enVVeno Medical Corp stock analysis indicators help investors evaluate how EnVVeno Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading EnVVeno Medical shares will generate the highest return on investment. By understating and applying EnVVeno Medical stock analysis, traders can identify EnVVeno Medical position entry and exit signals to maximize returns.
Begin Period Cash Flow | 4.6 M | |
Common Stock Shares Outstanding | 12.3 M | |
Total Stockholder Equity | 46.2 M | |
Property Plant And Equipment Net | 1.7 M | |
Cash And Short Term Investments | 46.4 M | |
Cash | 3.6 M | |
Accounts Payable | 427 K | |
Net Debt | -2.2 M | |
50 Day M A | 3.6121 | |
Total Current Liabilities | 1.4 M | |
Other Operating Expenses | 25.2 M | |
Non Current Assets Total | 1.7 M | |
Non Currrent Assets Other | 31 K | |
Stock Based Compensation | 5.2 M |
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Is Health Care Equipment & Supplies 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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.29) | Return On Assets (0.37) | Return On Equity (0.59) |
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.