Cepton Inc Q3 2024 Earnings Revenue at 0.5M, GAAP EPS Loss of , Misses Estimates
| CPTN Stock | USD 3.19 0.02 0.62% |
About 67% of Cepton's investor base is looking to short. The analysis of overall sentiment of trading Cepton Inc stock suggests that many investors are alarmed at this time. Cepton's investing sentiment overview a quick insight into current market opportunities from investing in Cepton Inc. Many technical investors use Cepton Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cepton |
Revenue Reported at 0.5 million for Q3 2024, significantly below the analyst estimate of 2.90 million and a decrease from 3.8 million in the same quarter l
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Cepton Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Cepton can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cepton Fundamental Analysis
We analyze Cepton's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cepton using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cepton 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.
Working Capital
Working Capital Comparative Analysis
Cepton is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Cepton Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cepton stock to make a market-neutral strategy. Peer analysis of Cepton could also be used in its relative valuation, which is a method of valuing Cepton by comparing valuation metrics with similar companies.
Peers
Cepton Related Equities
| FCUV | Focus Universal | 13.04 | ||||
| GNSS | Genasys | 2.76 | ||||
| MLAB | Mesa Laboratories | 2.51 | ||||
| FTV | Fortive Corp | 1.65 | ||||
| ESE | ESCO Technologies | 1.39 | ||||
| SOTK | Sono Tek | 0.24 | ||||
| NOVT | Novanta | 0.21 | ||||
| ITRI | Itron | 0.08 | ||||
| VPG | Vishay Precision | 1.12 | ||||
| KNW | Know Labs | 6.67 |
Check out Cepton Hype Analysis, Cepton Correlation and Cepton Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Electronic Equipment, Instruments & Components 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 Cepton. If investors know Cepton 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 Cepton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.63) | Revenue Per Share 1.121 | Quarterly Revenue Growth (0.86) | Return On Assets (0.27) | Return On Equity (0.45) |
The market value of Cepton Inc is measured differently than its book value, which is the value of Cepton that is recorded on the company's balance sheet. Investors also form their own opinion of Cepton's value that differs from its market value or its book value, called intrinsic value, which is Cepton'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 Cepton's market value can be influenced by many factors that don't directly affect Cepton'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 Cepton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cepton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cepton'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.