electroCore, Inc. (ECOR)

NASDAQ: ECOR · IEX Real-Time Price · USD
6.10
+0.23 (3.92%)
Mar 28, 2024, 10:16 AM EDT - Market open

Total Valuation

electroCore has a market cap or net worth of $36.98 million. The enterprise value is $27.02 million.

Market Cap 36.98M
Enterprise Value 27.02M

Important Dates

The last earnings date was Wednesday, March 13, 2024, after market close.

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

Share Statistics

electroCore has 6.00 million shares outstanding. The number of shares has increased by 16.62% in one year.

Shares Outstanding 6.00M
Shares Change (YoY) +16.62%
Shares Change (QoQ) +11.24%
Owned by Insiders (%) 27.30%
Owned by Institutions (%) 15.98%
Float 4.17M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.31
Forward PS 1.56
PB Ratio 4.97
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.69
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.76, with a Debt / Equity ratio of 0.08.

Current Ratio 1.76
Quick Ratio 1.39
Debt / Equity 0.08
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -201.50% and return on invested capital (ROIC) is -238.83%.

Return on Equity (ROE) -201.50%
Return on Assets (ROA) -109.60%
Return on Capital (ROIC) -238.83%
Revenue Per Employee $235,735
Profits Per Employee -$276,971
Employee Count 68
Asset Turnover 0.93
Inventory Turnover 0.81

Taxes

Income Tax -186,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +12.89% in the last 52 weeks. The beta is 0.92, so electroCore's price volatility has been similar to the market average.

Beta (1Y) 0.92
52-Week Price Change +12.89%
50-Day Moving Average 6.90
200-Day Moving Average 5.74
Relative Strength Index (RSI) 36.39
Average Volume (30 Days) 14,268

Short Selling Information

The latest short interest is 16,998, so 0.28% of the outstanding shares have been sold short.

Short Interest 16,998
Short Previous Month 16,008
Short % of Shares Out 0.28%
Short % of Float 0.41%
Short Ratio (days to cover) 1.70

Income Statement

In the last 12 months, electroCore had revenue of $16.03 million and -$18.83 million in losses. Loss per share was -$3.42.

Revenue 16.03M
Gross Profit 13.23M
Operating Income -19.27M
Pretax Income -19.02M
Net Income -18.83M
EBITDA -18.00M
EBIT -19.02M
Loss Per Share -$3.42
Full Income Statement

Balance Sheet

The company has $10.58 million in cash and $626,000 in debt, giving a net cash position of $9.96 million or $1.66 per share.

Cash & Cash Equivalents 10.58M
Total Debt 626,000
Net Cash 9.96M
Net Cash Per Share $1.66
Equity / Book Value 7.44M
Book Value Per Share 1.24
Working Capital 6.17M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$14.67 million and capital expenditures -$206,000, giving a free cash flow of -$14.87 million.

Operating Cash Flow -14.67M
Capital Expenditures -206,000
Free Cash Flow -14.87M
FCF Per Share -$2.70
Full Cash Flow Statement

Margins

Gross margin is 82.51%, with operating and profit margins of -120.21% and -117.49%.

Gross Margin 82.51%
Operating Margin -120.21%
Pretax Margin -118.65%
Profit Margin -117.49%
EBITDA Margin -112.26%
EBIT Margin -118.65%
FCF Margin -92.79%

Dividends & Yields

electroCore 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 -16.62%
Shareholder Yield -16.62%
Earnings Yield -50.94%
FCF Yield -40.23%

Analyst Forecast

The average price target for electroCore is $15.00, which is 145.90% higher than the current price. The consensus rating is "Strong Buy".

Price Target $15.00
Price Target Difference 145.90%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 35.14%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

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

Last Split Date Feb 15, 2023
Split Type Reverse
Split Ratio 1:15

Scores

electroCore has an Altman Z-Score of -14.24 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -14.24
Piotroski F-Score 4