908 Devices Stock Net Income
| MASS Stock | USD 5.67 0.11 1.98% |
908 Devices fundamentals help investors to digest information that contributes to 908 Devices' financial success or failures. It also enables traders to predict the movement of 908 Stock. The fundamental analysis module provides a way to measure 908 Devices' 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 908 Devices stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -38.8 M | -36.8 M | |
| Net Loss | -30.2 M | -28.7 M | |
| Net Loss | -36.4 M | -34.6 M | |
| Net Loss | (1.13) | (1.19) | |
| Net Income Per E B T | 0.99 | 0.74 |
908 | Net Income |
908 Devices Company Net Income Analysis
908 Devices' 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.
Current 908 Devices Net Income | (36.4 M) |
Most of 908 Devices' 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, 908 Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
908 Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for 908 Devices is extremely important. It helps to project a fair market value of 908 Stock properly, considering its historical fundamentals such as Net Income. Since 908 Devices' 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 908 Devices' 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 908 Devices' 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 |
908 Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, 908 Devices reported net income of (36.4 Million). This is 110.67% lower than that of the Health Care Equipment & Supplies sector and 115.29% lower than that of the Health Care industry. The net income for all United States stocks is 106.37% higher than that of the company.
908 Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 908 Devices' 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 908 Devices could also be used in its relative valuation, which is a method of valuing 908 Devices by comparing valuation metrics of similar companies.908 Devices is currently under evaluation in net income category among related companies.
908 Devices Institutional Holders
Institutional Holdings refers to the ownership stake in 908 Devices that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of 908 Devices' 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 908 Devices' value.| Shares | Tao Capital Management Lp | 2023-12-31 | 569 K | Sumitomo Mitsui Trust Holdings Inc | 2024-03-31 | 562.3 K | Geode Capital Management, Llc | 2023-12-31 | 518.6 K | State Street Corporation | 2023-12-31 | 407.3 K | Sands Capital Ventures, Llc | 2023-12-31 | 237.3 K | Northern Trust Corp | 2023-12-31 | 180.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 180.7 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 111 K | Nuveen Asset Management, Llc | 2023-12-31 | 101.6 K | Ark Investment Management Llc | 2024-03-31 | 4 M | Granahan Investment Management Inc.. | 2023-12-31 | 2 M |
908 Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.72) % | ||||
| Operating Margin | (0.70) % | ||||
| Current Valuation | 46.86 M | ||||
| Shares Outstanding | 32.91 M | ||||
| Shares Owned By Insiders | 7.65 % | ||||
| Shares Owned By Institutions | 85.38 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Book | 1.21 X | ||||
| Price To Sales | 3.98 X | ||||
| Revenue | 50.23 M | ||||
| Gross Profit | 26.02 M | ||||
| EBITDA | (40.02 M) | ||||
| Net Income | (36.4 M) | ||||
| Cash And Equivalents | 212.99 M | ||||
| Cash Per Share | 6.74 X | ||||
| Total Debt | 5.95 M | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 15.46 X | ||||
| Book Value Per Share | 5.09 X | ||||
| Cash Flow From Operations | (25.06 M) | ||||
| Short Ratio | 7.11 X | ||||
| Earnings Per Share | (1.13) X | ||||
| Target Price | 15.33 | ||||
| Number Of Employees | 230 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 186.6 M | ||||
| Total Asset | 202.98 M | ||||
| Retained Earnings | (170.6 M) | ||||
| Working Capital | 151.24 M | ||||
| Net Asset | 202.98 M |
About 908 Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 908 Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 908 Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 908 Devices 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 908 Devices in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 908 Devices' short interest history, or implied volatility extrapolated from 908 Devices options trading.
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Try AI Portfolio ArchitectCheck out 908 Devices Piotroski F Score and 908 Devices Altman Z Score analysis. For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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Is 908 Devices' industry 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 908 Devices. If investors know 908 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 908 Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 1.558 | Quarterly Revenue Growth 0.233 | Return On Assets (0.12) | Return On Equity (0.20) |
The market value of 908 Devices is measured differently than its book value, which is the value of 908 that is recorded on the company's balance sheet. Investors also form their own opinion of 908 Devices' value that differs from its market value or its book value, called intrinsic value, which is 908 Devices' 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 908 Devices' market value can be influenced by many factors that don't directly affect 908 Devices' 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 908 Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if 908 Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 908 Devices' 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.