Allurion Technologies Stock Today
| ALUR Stock | 1.92 0.07 3.78% |
Performance0 of 100
| Odds Of DistressOver 76
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Allurion Technologies is selling at 1.92 as of the 29th of April 2024; that is 3.78 percent up since the beginning of the trading day. The stock's lowest day price was 1.86. Allurion Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Allurion Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 2nd of August 2023 | Category Healthcare | Classification Consumer Discretionary |
Allurion Technologies is entity of United States. It is traded as Stock on NYSE exchange. The company has 47.47 M outstanding shares of which 440.07 K shares are presently shorted by private and institutional investors with about 14.26 trading days to cover. More on Allurion Technologies
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Allurion Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Allurion Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allurion Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, CoFounder | Shantanu MD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Consumer Services, Consumer Services, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Diversified Consumer Services, Medical Devices, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Allurion Technologies report their recommendations after researching Allurion Technologies' financial statements, talking to executives and customers, or listening in on Allurion Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Allurion Technologies. The Allurion consensus assessment is calculated by taking the average forecast from all of the analysts covering Allurion Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Allurion Technologies' liquidity, profitability, solvency, and operating efficiency, Allurion Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Allurion Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Allurion Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Allurion Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Allurion Technologies' financial leverage. It provides some insight into what part of Allurion Technologies' total assets is financed by creditors.
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Allurion Technologies (ALUR) is traded on New York Stock Exchange in USA. It is located in 11 Huron Drive, Natick, MA, United States, 01760 and employs 501 people. Allurion Technologies is listed under Diversified Consumer Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 153.33 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. Allurion Technologies conducts business under Diversified Consumer Services sector and is part of Consumer Discretionary industry. The entity has 47.47 M outstanding shares of which 440.07 K shares are presently shorted by private and institutional investors with about 14.26 trading days to cover.
Allurion Technologies generates negative cash flow from operations
Check Allurion Technologies Probability Of Bankruptcy
Ownership AllocationAllurion Technologies holds a total of 47.47 Million outstanding shares. Allurion Technologies retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Allurion Ownership Details
Allurion Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Allurion Technologies jumping above the current price in 90 days from now is about 90.42%. The Allurion Technologies probability density function shows the probability of Allurion Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Allurion Technologies has a beta of -4.8486. This suggests as returns on its benchmark rise, returns on holding Allurion Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Allurion Technologies is expected to outperform its benchmark. Additionally, allurion Technologies has an alpha of 0.1049, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Allurion Technologies to move above the current price in 90 days from now is about 90.42 (This Allurion Technologies probability density function shows the probability of Allurion Stock to fall within a particular range of prices over 90 days) .
Allurion Technologies Historical Income Statement
Allurion Technologies Income Statement is one of the three primary financial statements used for reporting Allurion's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allurion Technologies revenue and expense. Allurion Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of 04/29/2024, Other Operating Expenses is likely to drop to about 76.6 M. In addition to that, Operating Income is likely to grow to about (74.2 M) View More FundamentalsAllurion Stock Against Markets
Picking the right benchmark for Allurion Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Allurion Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Allurion Technologies is critical whether you are bullish or bearish towards Allurion Technologies at a given time. Please also check how Allurion Technologies' historical prices are related to one of the top price index indicators.
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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?
Before investing in Allurion Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Allurion Technologies. To buy Allurion Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Allurion Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Allurion Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Allurion Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Allurion Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Allurion Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Allurion Stock please use our How to Invest in Allurion Technologies guide.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Allurion Stock analysis
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 (1.61) | Revenue Per Share 4.553 | Quarterly Revenue Growth 0.133 |
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.
Please note, there is a significant difference between Allurion Technologies' value and its price as these two are different measures arrived at by different 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.