Digirad Buy Hold or Sell Recommendation

DRAD -- USA Stock  

USD 4.84  0.17  3.39%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Digirad Corporation is 'Hold'. Macroaxis provides Digirad buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Digirad positions. The advice algorithm takes into account all of Digirad available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Digirad buy-and-hold prospective. Additionally see Digirad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell DigiradBuy Digirad
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
For the selected time horizon Digirad Corporation has a risk adjusted performance of (0.10), jensen alpha of (0.51), total risk alpha of (0.59), sortino ratio of 0.0 and treynor ratio of (0.38)
We provide buy or sell advice to complement the prevailing expert consensus on Digirad. Our dynamic recommendation engine makes use of multi - dimensional algorithm to analyze the company potential to grow using all technical and fundamental data available at the time. To make sure Digirad is not overpriced, please confirm all Digirad fundamentals including its Shares Outstanding, Price to Sales, Cash per Share, as well as the relationship between Number of Shares Shorted and EBITDA . Given that Digirad has Price to Earning of 16.42X, we urge you verify Digirad Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Digirad Trading Alerts and Improvement Suggestions

Digirad generates negative expected return over the last 30 days
Digirad has high historical volatility and very poor performance
Digirad has high likelihood to experience some financial distress in the next 2 years
Digirad has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 101.34M. Net Loss for the year was (5.23M) with profit before overhead, payroll, taxes, and interest of 18.27M.
Latest headline from MacroaxisInsider: Acquisition by Michael Cunnion of 12500 shares of Digirad subject to Rule 16b-3

Digirad current analysts recommendations

Target Median Price5.00
Target Mean Price5.00
Target High Price5.00
Number Of Analyst Opinions1
Target Low Price5.00

Digirad Returns Distribution Density

Mean Return0.46Value At Risk5.78
Potential Upside4.38Standard Deviation3.66
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Cannell Capital LlcCommon Shares223.1 K1.5 M
Dimensional Fund Advisors LpCommon Shares104.1 K720 K
Weber Alan WCommon Shares100 K691 K
Renaissance Technologies LlcCommon Shares93.5 K646 K
Vanguard Group IncCommon Shares82.4 K569 K
Ancora Advisors LlcCommon Shares81 K560 K
Bridgeway Capital Management IncCommon Shares44.1 K305 K

Digirad Greeks

α
Alpha over DOW
=0.51
β
Beta against DOW=1.22
σ
Overall volatility
=3.69
Ir
Information ratio =0.14

Digirad Volatility Alert

Digirad Corporation exhibits very low volatility with skewness of 0.61 and kurtosis of 5.35. However, we advise investors to further study Digirad Corporation technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Digirad to competition

Digirad Fundamental Vs Peers

FundamentalsDigiradPeer Average
Return On Equity(19.80)% (0.31)%
Return On Asset(3.74)% (0.14)%
Profit Margin(5.81)% (1.27)%
Operating Margin(3.42)% (5.51)%
Current Valuation30.04M16.62B
Shares Outstanding2.04M571.82M
Shares Owned by Insiders7.22% 10.09%
Shares Owned by Institutions40.06% 39.21%
Number of Shares Shorted29.86K4.71M
Price to Earning16.42X28.72X
Price to Book0.40X9.51X
Price to Sales0.09X11.42X
Revenue101.34M9.43B
Gross Profit18.27M27.38B
EBITDA4.34M3.9B
Net Income(5.23M)570.98M
Cash and Equivalents881K2.7B
Cash per Share0.43X5.01X
Total Debt21.91M5.32B
Debt to Equity94.30% 48.70%
Current Ratio1.42X2.16X
Book Value Per Share11.36X1.93K
Cash Flow from Operations2.39M971.22M
Short Ratio4.44X4.00X
Earnings Per Share(2.90)X3.12X
Price to Earnings To Growth(1.31)X4.89X
Number of Employees45218.84K
Beta2.46-0.15
Market Capitalization9.31M19.03B
Total Asset64.11M29.47B
Retained Earnings(80.8M)9.33B
Working Capital23.04M1.48B
Current Asset31.75M9.34B
   Acquisition by Michael Cunnion of 12500 shares of Digirad subject to Rule 16b-3 [view details]
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