Avinger, Inc. (AVGR)

NASDAQ: AVGR · IEX Real-Time Price · USD
3.422
-0.028 (-0.81%)
Feb 26, 2024, 10:59 AM EST - Market open

Total Valuation

Avinger has a market cap or net worth of $4.38 million. The enterprise value is $9.45 million.

Market Cap 4.38M
Enterprise Value 9.45M

Important Dates

The next estimated earnings date is Wednesday, March 13, 2024, after market close.

Earnings Date Mar 13, 2024
Ex-Dividend Date n/a

Share Statistics

Avinger has 1.28 million shares outstanding. The number of shares has increased by 54.08% in one year.

Shares Outstanding 1.28M
Shares Change (YoY) +54.08%
Shares Change (QoQ) +14.54%
Owned by Insiders (%) 3.37%
Owned by Institutions (%) 8.39%
Float 1.17M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.57
Forward PS 0.40
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.22
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.85

Current Ratio 0.85
Quick Ratio 0.52
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -9.46

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -93.70%
Return on Capital (ROIC) -127.35%
Revenue Per Employee $109,113
Profits Per Employee -$262,070
Employee Count 71
Asset Turnover 0.39
Inventory Turnover 1.02

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -79.82% in the last 52 weeks. The beta is 1.33, so Avinger's price volatility has been higher than the market average.

Beta (1Y) 1.33
52-Week Price Change -79.82%
50-Day Moving Average 2.94
200-Day Moving Average 6.26
Relative Strength Index (RSI) 52.86
Average Volume (30 Days) 28,642

Short Selling Information

The latest short interest is 2,323, so 0.18% of the outstanding shares have been sold short.

Short Interest 2,323
Short Previous Month 6,628
Short % of Shares Out 0.18%
Short % of Float 0.20%
Short Ratio (days to cover) 0.15

Income Statement

In the last 12 months, Avinger had revenue of $7.75 million and -$18.61 million in losses. Loss per share was -$31.12.

Revenue 7.75M
Gross Profit 2.31M
Operating Income -15.84M
Pretax Income -17.48M
Net Income -18.61M
EBITDA -15.53M
EBIT -15.81M
Loss Per Share -$31.12
Full Income Statement

Balance Sheet

The company has $8.73 million in cash and $13.79 million in debt, giving a net cash position of -$5.07 million or -$3.96 per share.

Cash & Cash Equivalents 8.73M
Total Debt 13.79M
Net Cash -5.07M
Net Cash Per Share -$3.96
Equity / Book Value -1.35M
Book Value Per Share -1.06
Working Capital -2.68M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$13.76 million and capital expenditures -$28,000, giving a free cash flow of -$13.79 million.

Operating Cash Flow -13.76M
Capital Expenditures -28,000
Free Cash Flow -13.79M
FCF Per Share -$19.75
Full Cash Flow Statement

Margins

Gross margin is 29.84%, with operating and profit margins of -204.49% and -240.18%.

Gross Margin 29.84%
Operating Margin -204.49%
Pretax Margin -225.61%
Profit Margin -240.18%
EBITDA Margin -200.46%
EBIT Margin -204.04%
FCF Margin -177.98%

Dividends & Yields

Avinger does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -54.08%
Shareholder Yield -54.08%
Earnings Yield -425.07%
FCF Yield -314.98%

Analyst Forecast

The average price target for Avinger is $5.00, which is 46.11% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.00
Price Target Difference 46.11%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 22.65%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on September 13, 2023. It was a reverse split with a ratio of 1:15.

Last Split Date Sep 13, 2023
Split Type Reverse
Split Ratio 1:15

Scores

Avinger has an Altman Z-Score of -35.15 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -35.15
Piotroski F-Score 2