OncoCyte Corporation (OCX)
NASDAQ: OCX · Real-Time Price · USD
2.710
+0.020 (0.74%)
At close: Nov 22, 2024, 4:00 PM
2.640
-0.070 (-2.58%)
After-hours: Nov 22, 2024, 5:30 PM EST

OncoCyte Statistics

Total Valuation

OncoCyte has a market cap or net worth of $45.62 million. The enterprise value is $46.25 million.

Market Cap 45.62M
Enterprise Value 46.25M

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

OncoCyte has 16.84 million shares outstanding. The number of shares has increased by 52.77% in one year.

Current Share Class 16.84M
Shares Outstanding 16.84M
Shares Change (YoY) +52.77%
Shares Change (QoQ) +6.56%
Owned by Insiders (%) 6.81%
Owned by Institutions (%) 7.24%
Float 6.84M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 41.22
Forward PS 21.59
PB Ratio 3.73
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 65.23
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.53, with a Debt / Equity ratio of 0.41.

Current Ratio 0.53
Quick Ratio 0.39
Debt / Equity 0.41
Debt / EBITDA 0.01
Debt / FCF n/a
Interest Coverage -341.52

Financial Efficiency

Return on equity (ROE) is -165.32% and return on invested capital (ROIC) is -48.27%.

Return on Equity (ROE) -165.32%
Return on Assets (ROA) -18.84%
Return on Capital (ROIC) -48.27%
Revenue Per Employee $15,413
Profits Per Employee -$948,043
Employee Count 46
Asset Turnover 0.01
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -32.08% in the last 52 weeks. The beta is 1.00, so OncoCyte's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change -32.08%
50-Day Moving Average 2.97
200-Day Moving Average 2.95
Relative Strength Index (RSI) 41.80
Average Volume (20 Days) 64,472

Short Selling Information

The latest short interest is 194,186, so 1.15% of the outstanding shares have been sold short.

Short Interest 194,186
Short Previous Month 189,327
Short % of Shares Out 1.15%
Short % of Float 2.84%
Short Ratio (days to cover) 6.91

Income Statement

In the last 12 months, OncoCyte had revenue of $709,000 and -$43.61 million in losses. Loss per share was -$4.04.

Revenue 709,000
Gross Profit 116,000
Operating Income -22.88M
Pretax Income -36.35M
Net Income -43.61M
EBITDA -21.56M
EBIT -22.88M
Loss Per Share -$4.04
Full Income Statement

Balance Sheet

The company has $3.36 million in cash and $3.99 million in debt, giving a net cash position of -$628,000 or -$0.04 per share.

Cash & Cash Equivalents 3.36M
Total Debt 3.99M
Net Cash -628,000
Net Cash Per Share -$0.04
Equity (Book Value) 9.71M
Book Value Per Share 0.73
Working Capital -4.30M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$19.78 million and capital expenditures -$566,000, giving a free cash flow of -$21.86 million.

Operating Cash Flow -19.78M
Capital Expenditures -566,000
Free Cash Flow -21.86M
FCF Per Share -$1.30
Full Cash Flow Statement

Margins

Gross Margin 16.36%
Operating Margin -3,227.36%
Pretax Margin -6,085.19%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin -1,651.42%

Dividends & Yields

OncoCyte 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 -52.77%
Shareholder Yield -52.77%
Earnings Yield -95.59%
FCF Yield -47.91%

Analyst Forecast

The average price target for OncoCyte is $4.42, which is 63.10% higher than the current price. The consensus rating is "Buy".

Price Target $4.42
Price Target Difference 63.10%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 25, 2023. It was a reverse split with a ratio of 0.05:1.

Last Split Date Jul 25, 2023
Split Type Reverse
Split Ratio 0.05:1

Scores

OncoCyte has an Altman Z-Score of -7.15 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -7.15
Piotroski F-Score 1