Accuray Incorporated Stock Net Income

ARAY Stock  USD 2.15  0.08  3.59%   
Accuray Incorporated fundamentals help investors to digest information that contributes to Accuray Incorporated's financial success or failures. It also enables traders to predict the movement of Accuray Stock. The fundamental analysis module provides a way to measure Accuray Incorporated's 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 Accuray Incorporated stock.
Last ReportedProjected for Next Year
Net Loss-15.5 M-16.3 M
Net Loss-10.7 M-11.2 M
Net Loss-15.5 M-16.3 M
Net Loss(0.16)(0.17)
Net Income Per E B T 1.32  0.92 
Net Loss is likely to drop to about (16.3 M) in 2024. Net Loss is likely to drop to about (11.2 M) in 2024.
  
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Accuray Incorporated Company Net Income Analysis

Accuray Incorporated's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Accuray Incorporated Net Income

    
  (15.54 M)  
Most of Accuray Incorporated's fundamental indicators, such as Net Income, 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, Accuray Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Accuray Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Accuray Incorporated is extremely important. It helps to project a fair market value of Accuray Stock properly, considering its historical fundamentals such as Net Income. Since Accuray Incorporated's 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 Accuray Incorporated's 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 Accuray Incorporated's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Accuray Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(4.01 Million)

Accuray Incorporated reported Accumulated Other Comprehensive Income of (4.22 Million) in 2023
Based on the recorded statements, Accuray Incorporated reported net income of (15.54 Million). This is 104.55% lower than that of the Health Care Equipment & Supplies sector and 106.53% lower than that of the Health Care industry. The net income for all United States stocks is 102.72% higher than that of the company.

Accuray Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Accuray Incorporated's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Accuray Incorporated could also be used in its relative valuation, which is a method of valuing Accuray Incorporated by comparing valuation metrics of similar companies.
Accuray Incorporated is currently under evaluation in net income category among its peers.

Accuray Incorporated ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Accuray Incorporated's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Accuray Incorporated's managers, analysts, and investors.
Environmental
Governance
Social

Accuray Incorporated Institutional Holders

Institutional Holdings refers to the ownership stake in Accuray Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Accuray Incorporated's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Accuray Incorporated's value.
Shares
Dafna Capital Management Llc2024-09-30
1.2 M
Kovack Advisors Inc2024-09-30
M
Kent Lake Capital Llc2024-06-30
1000 K
Dimensional Fund Advisors, Inc.2024-09-30
887.5 K
North Star Investment Management Corp2024-09-30
871.7 K
Northern Trust Corp2024-09-30
802.3 K
Archon Capital Management Llc2024-09-30
796.9 K
Kennedy Capital Management Inc2024-09-30
764.9 K
Acuitas Investments, Llc2024-09-30
708.6 K
Blackrock Inc2024-06-30
8.2 M
Neuberger Berman Group Llc2024-09-30
5.6 M

Accuray Fundamentals

About Accuray Incorporated Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Accuray Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accuray Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accuray Incorporated 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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Additional Tools for Accuray Stock Analysis

When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.