Is Allurion Technologies Stock a Good Investment?
Allurion Technologies Investment Advice | ALUR |
- Examine Allurion Technologies' 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 Allurion Technologies' leadership team and their track record. Good management can help Allurion Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Consumer Services space and any emerging trends that could impact Allurion Technologies' business and its evolving consumer preferences.
- Compare Allurion Technologies' performance and market position to its competitors. Analyze how Allurion Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Allurion Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Allurion Technologies' 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 Allurion Technologies 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 Allurion Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Allurion Technologies Stock
Researching Allurion Technologies' 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 24.0% of the company shares are held by company insiders. The company recorded a loss per share of 2.31. Allurion Technologies had not issued any dividends in recent years. The entity had 125:88 split on the 2nd of August 2023.
To determine if Allurion Technologies 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 Allurion Technologies' research are outlined below:
| Allurion Technologies generated a negative expected return over the last 90 days | |
| Allurion Technologies has high historical volatility and very poor performance | |
| Allurion Technologies may become a speculative penny stock | |
| Allurion Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 53.47 M. Net Loss for the year was (82.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Allurion Technologies generates negative cash flow from operations | |
| Allurion Technologies has a frail financial position based on the latest SEC disclosures | |
| About 24.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Allurion Technologies vs. The Competition Head-To-Head Contrast - Defense World |
Allurion Technologies 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 Allurion Technologies. 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 Allurion Technologies' 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.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Allurion Technologies' 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 Allurion Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-14 | 2024-03-31 | -0.3 | 0.11 | 0.41 | 136 |
Allurion Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 78.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allurion Technologies's market, we take the total number of its shares issued and multiply it by Allurion Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Allurion Technologies' profitablity analysis
Allurion Technologies' profitability indicators refer to fundamental financial ratios that showcase Allurion Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Allurion Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Allurion Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Allurion Technologies' profitability requires more research than a typical breakdown of Allurion Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.15) | (1.21) | |
| Return On Capital Employed | (12.42) | (11.80) | |
| Return On Assets | (1.15) | (1.21) | |
| Return On Equity | 1.17 | 1.23 |
Determining Allurion Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Allurion Technologies is a good buy. For example, gross profit margin measures Allurion Technologies' 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 Allurion Technologies' profitability and make more informed investment decisions.
The data published in Allurion Technologies' official financial statements usually reflect Allurion Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Allurion Technologies. For example, before you start analyzing numbers published by Allurion accountants, it's critical to develop an understanding of what Allurion Technologies' liquidity, profitability, and earnings quality are in the context of the Diversified Consumer Services space in which it operates.
Please note, the presentation of Allurion Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allurion Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Allurion Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Allurion Technologies. Please utilize our Beneish M Score to check the likelihood of Allurion Technologies' management manipulating its earnings.
Evaluate Allurion Technologies' management efficiency
Allurion Technologies has return on total asset (ROA) of (0.8031) % which means that it has lost $0.8031 on every $100 spent on assets. This is way below average. Allurion Technologies' management efficiency ratios could be used to measure how well Allurion Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/26/2024, Return On Equity is likely to grow to 1.23, while Return On Tangible Assets are likely to drop (1.21). At this time, Allurion Technologies' Non Currrent Assets Other are relatively stable compared to the past year. As of 05/26/2024, Other Current Assets is likely to grow to about 2.5 M, while Non Current Assets Total are likely to drop slightly above 4.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.98) | (2.08) | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (1.98) | (2.08) | |
| Enterprise Value Over EBITDA | (1.77) | (1.86) | |
| Price Book Value Ratio | (1.89) | (1.79) | |
| Enterprise Value Multiple | (1.77) | (1.86) | |
| Price Fair Value | (1.89) | (1.79) | |
| Enterprise Value | 136.9 M | 253.3 M |
The analysis of Allurion Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Allurion Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Allurion Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta (0.17) |
Basic technical analysis of Allurion Stock
As of the 26th of May, Allurion Technologies shows the Mean Deviation of 5.94, standard deviation of 11.59, and Risk Adjusted Performance of (0). Allurion Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Allurion Technologies, which can be compared to its peers. Please confirm Allurion Technologies standard deviation and value at risk to decide if Allurion Technologies is priced correctly, providing market reflects its regular price of 1.63 per share. Please also double-check Allurion Technologies jensen alpha, which is currently at (0.09) to validate the company can sustain itself at a future point.Allurion Technologies' 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 Allurion Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allurion Technologies' 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 Allurion Technologies 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.
Chardon Benoit over two months ago Exercise or conversion by Chardon Benoit of 18741 shares of Allurion Technologies subject to Rule 16b-3 | ||
Brendan Gibbons over three months ago Acquisition by Brendan Gibbons of 226244 shares of Allurion Technologies subject to Rule 16b-3 | ||
Chardon Benoit over three months ago Exercise or conversion by Chardon Benoit of 97799 shares of Allurion Technologies subject to Rule 16b-3 | ||
Davin Michael R over six months ago Acquisition by Davin Michael R of 45235 shares of Allurion Technologies subject to Rule 16b-3 | ||
Chardon Benoit over six months ago Allurion Technologies, exotic insider transaction detected |
Understand Allurion Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Allurion Technologies' 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) | |||
| Market Risk Adjusted Performance | 0.0668 | |||
| Mean Deviation | 5.94 | |||
| Coefficient Of Variation | (4,185) | |||
| Standard Deviation | 11.59 | |||
| Variance | 134.26 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | 0.0568 | |||
| Maximum Drawdown | 99.14 | |||
| Value At Risk | (9.19) | |||
| Potential Upside | 11.31 | |||
| Skewness | 4.82 | |||
| Kurtosis | 32.48 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.0668 | |||
| Mean Deviation | 5.94 | |||
| Coefficient Of Variation | (4,185) | |||
| Standard Deviation | 11.59 | |||
| Variance | 134.26 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | 0.0568 | |||
| Maximum Drawdown | 99.14 | |||
| Value At Risk | (9.19) | |||
| Potential Upside | 11.31 | |||
| Skewness | 4.82 | |||
| Kurtosis | 32.48 |
Consider Allurion Technologies' intraday indicators
Allurion Technologies 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 Allurion Technologies 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.
Allurion Technologies time-series forecasting models is one of many Allurion Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allurion Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Allurion Stock media impact
Far too much social signal, news, headlines, and media speculation about Allurion Technologies that are available to investors today. That information is available publicly through Allurion media outlets and privately through word of mouth or via Allurion internal channels. However, regardless of the origin, that massive amount of Allurion 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 Allurion Technologies 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 Allurion Technologies 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 Allurion Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Allurion Technologies alpha.
Allurion Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Allurion Technologies 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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Allurion Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Allurion Technologies Corporate Management
Elected by the shareholders, the Allurion Technologies' board of directors comprises two types of representatives: Allurion Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allurion. The board's role is to monitor Allurion Technologies' management team and ensure that shareholders' interests are well served. Allurion Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allurion Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeff Feldgoise | Senior Product | Profile | |
| Joyce Johnson | Senior QA | Profile | |
| Brendan Gibbons | Chief Secretary | Profile | |
| Emily Pullen | Vice People | Profile |
How to buy Allurion Stock?
To provide specific investment advice or recommendations on Allurion Technologies stock, we recommend investors consider the following general factors when evaluating Allurion Technologies. This will help you to make an informed decision on whether to include Allurion Technologies in one of your diversified portfolios:- Examine Allurion Technologies' 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 Allurion Technologies' leadership team and their track record. Good management can help Allurion Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Consumer Services space and any emerging trends that could impact Allurion Technologies' business and its evolving consumer preferences.
- Compare Allurion Technologies' performance and market position to its competitors. Analyze how Allurion Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Allurion Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Allurion Technologies' 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 Allurion Technologies 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 Allurion Technologies is a good investment.
Already Invested in Allurion Technologies?
The danger of trading Allurion Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allurion Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allurion Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allurion Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Allurion Technologies is a strong investment it is important to analyze Allurion Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allurion Technologies' future performance. For an informed investment choice regarding Allurion Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allurion Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allurion Stock, please use our How to Invest in Allurion Technologies guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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When running Allurion Technologies' price analysis, check to measure Allurion Technologies' 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 Allurion Technologies is operating at the current time. Most of Allurion Technologies' value examination focuses on studying past and present price action to predict the probability of Allurion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allurion Technologies' price. Additionally, you may evaluate how the addition of Allurion Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Allurion Technologies' 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 Allurion Technologies. If investors know Allurion 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 Allurion Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.31) | Revenue Per Share 1.503 | Quarterly Revenue Growth (0.57) | Return On Assets (0.80) |
The market value of Allurion Technologies is measured differently than its book value, which is the value of Allurion that is recorded on the company's balance sheet. Investors also form their own opinion of Allurion Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allurion Technologies' 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 Allurion Technologies' market value can be influenced by many factors that don't directly affect Allurion Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Allurion Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Allurion Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allurion Technologies' 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.