Is Elutia Stock a Good Investment?
Elutia Investment Advice | ELUT |
- Examine Elutia's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Elutia's leadership team and their track record. Good management can help Elutia navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Elutia's business and its evolving consumer preferences.
- Compare Elutia's performance and market position to its competitors. Analyze how Elutia is positioned in terms of product offerings, innovation, and market share.
- Check if Elutia pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Elutia's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Elutia Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Elutia Inc is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Elutia Stock
Researching Elutia's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 72.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 2.35. Elutia Inc had not issued any dividends in recent years.
To determine if Elutia is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Elutia's research are outlined below:
| Elutia Inc is way too risky over 90 days horizon | |
| Elutia Inc appears to be risky and price may revert if volatility continues | |
| Elutia Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 24.75 M. Net Loss for the year was (37.66 M) with profit before overhead, payroll, taxes, and interest of 19.22 M. | |
| Elutia generates negative cash flow from operations | |
| Elutia Inc has a poor financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Are Medical Stocks Lagging ELUTIA INC This Year |
Elutia uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Elutia Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Elutia's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Elutia'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. Below are the table of largest EPS Surprises Elutia's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-03-01 | 2020-12-31 | -0.5025 | -0.57 | -0.0675 | 13 | ||
2023-05-10 | 2023-03-31 | -0.57 | -0.49 | 0.08 | 14 | ||
2024-03-07 | 2023-12-31 | -0.28 | -0.4 | -0.12 | 42 | ||
2022-08-11 | 2022-06-30 | -0.5575 | -0.69 | -0.1325 | 23 | ||
2022-03-03 | 2021-12-31 | -0.6825 | -0.82 | -0.1375 | 20 | ||
2021-11-09 | 2021-09-30 | -0.6225 | -0.81 | -0.1875 | 30 | ||
2023-03-22 | 2022-12-31 | -0.63 | -0.38 | 0.25 | 39 | ||
2021-08-09 | 2021-06-30 | -0.5325 | -0.23 | 0.3025 | 56 |
Elutia's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 122 M.Market Cap |
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Elutia's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.19) | (1.13) | |
| Return On Capital Employed | (78.07) | (74.17) | |
| Return On Assets | (0.87) | (0.91) | |
| Return On Equity | 0.98 | 0.68 |
Determining Elutia's profitability involves analyzing its financial statements and using various financial metrics to determine if Elutia is a good buy. For example, gross profit margin measures Elutia's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Elutia's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Elutia's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elutia Inc. Check Elutia's Beneish M Score to see the likelihood of Elutia's management manipulating its earnings.
Evaluate Elutia's management efficiency
Elutia Inc has return on total asset (ROA) of (0.2916) % which means that it has lost $0.2916 on every $100 spent on assets. This is way below average. Elutia's management efficiency ratios could be used to measure how well Elutia manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -1.13 in 2024. Return On Capital Employed is likely to gain to -74.17 in 2024. At this time, Elutia's Non Current Liabilities Other is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 52.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 34.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (2.13) | (2.23) | |
| Tangible Book Value Per Share | (2.77) | (2.91) | |
| Enterprise Value Over EBITDA | (1.38) | (1.44) | |
| Price Book Value Ratio | (1.02) | (1.07) | |
| Enterprise Value Multiple | (1.38) | (1.44) | |
| Price Fair Value | (1.02) | (1.07) | |
| Enterprise Value | 43.9 M | 41.7 M |
Elutia Inc benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Beta 0.76 |
Basic technical analysis of Elutia Stock
As of the 21st of December, Elutia shows the Mean Deviation of 3.68, downside deviation of 4.42, and Coefficient Of Variation of 1207.5. Elutia Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Elutia's 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 Elutia insiders, such as employees or executives, is commonly permitted as long as it does not rely on Elutia'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 Elutia 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.
Understand Elutia's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Elutia's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0744 | |||
| Market Risk Adjusted Performance | 0.5688 | |||
| Mean Deviation | 3.68 | |||
| Semi Deviation | 3.69 | |||
| Downside Deviation | 4.42 | |||
| Coefficient Of Variation | 1207.5 | |||
| Standard Deviation | 6.6 | |||
| Variance | 43.54 | |||
| Information Ratio | 0.0779 | |||
| Jensen Alpha | 0.5151 | |||
| Total Risk Alpha | 0.3517 | |||
| Sortino Ratio | 0.1165 | |||
| Treynor Ratio | 0.5588 | |||
| Maximum Drawdown | 29.12 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 9.45 | |||
| Downside Variance | 19.5 | |||
| Semi Variance | 13.6 | |||
| Expected Short fall | (4.72) | |||
| Skewness | 3.08 | |||
| Kurtosis | 14.84 |
| Risk Adjusted Performance | 0.0744 | |||
| Market Risk Adjusted Performance | 0.5688 | |||
| Mean Deviation | 3.68 | |||
| Semi Deviation | 3.69 | |||
| Downside Deviation | 4.42 | |||
| Coefficient Of Variation | 1207.5 | |||
| Standard Deviation | 6.6 | |||
| Variance | 43.54 | |||
| Information Ratio | 0.0779 | |||
| Jensen Alpha | 0.5151 | |||
| Total Risk Alpha | 0.3517 | |||
| Sortino Ratio | 0.1165 | |||
| Treynor Ratio | 0.5588 | |||
| Maximum Drawdown | 29.12 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 9.45 | |||
| Downside Variance | 19.5 | |||
| Semi Variance | 13.6 | |||
| Expected Short fall | (4.72) | |||
| Skewness | 3.08 | |||
| Kurtosis | 14.84 |
Consider Elutia's intraday indicators
Elutia 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 Elutia 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.
Elutia Corporate Filings
F4 | 11th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 15th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 13th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Elutia Stock media impact
Far too much social signal, news, headlines, and media speculation about Elutia that are available to investors today. That information is available publicly through Elutia media outlets and privately through word of mouth or via Elutia internal channels. However, regardless of the origin, that massive amount of Elutia data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Elutia news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Elutia relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Elutia's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Elutia alpha.
Elutia Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Elutia 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.
Elutia Corporate Management
| Erica Elchin | Vice Operations | Profile | |
| Matthew Ferguson | Chief Officer | Profile | |
| Michelle Williams | Chief Officer | Profile | |
| Jeffry Hamet | Treasurer Finance | Profile | |
| Sonali Fonseca | Head Businesses | Profile |
Additional Tools for Elutia Stock Analysis
When running Elutia's price analysis, check to measure Elutia'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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.