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Accuray Incorporated (ARAY)
NASDAQ:ARAY
Accuray (ARAY) Stock Price & Analysis
703 Followers
ARAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.17 - $4.30
Previous Close$2.19
Volume335.13K
Average Volume (3M)460.38K
Market Cap
$217.68M
Enterprise Value$346.65M
Total Cash (Recent Filing)$72.76M
Total Debt (Recent Filing)$202.22M
Price to Earnings (P/E)-14.6
Beta1.53
Next Earnings
May 01, 2024EPS Estimate
-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding99,168,765
10 Day Avg. Volume477,513
30 Day Avg. Volume460,379
Standard Deviation0.16
R-Squared0.23
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-21.61
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)-10.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.78
Enterprise Value/Gross Profit1.13
Enterprise Value/Ebitda74.42
Forecast
1Y Price Target
$9.67Price Target Upside340.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Accuray News
PremiumStock Analysis & Ideas
These 2 ‘Strong Buy’ Penny Stocks Could Surge Over 200%, Say Analysts
PremiumCompany Announcements
Accuray Incorporated Analysts and Investors Presentation Update
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAccuray's quarterly book-to-bill ratio significantly surpassing the target suggests efficient business operations and a promising outlook for revenue sustainability.
Market ExpansionThe potential of the China Tomo C product and Helix in the ex-China value segment highlights Accuray's strategic expansion into key international markets, underpinning future growth prospects.
Product DemandAccuray's robust gross orders, driven by high demand for Tomo C in China, indicate a strong market presence and growing customer interest in their innovative products.
Bears Say
Currency ImpactThe softer Japanese Yen has led to more significant foreign exchange challenges, impacting profitability for companies with exposure to the currency.
Earnings RevisionRevisions in the F24 guidance following the F1Q'24 earnings call indicate potential concerns over future financial performance, possibly leading to a reassessment of the stock's valuation.
Regulatory ApprovalDelays in obtaining TPS clearance could disrupt operational timelines and affect revenue projections for businesses awaiting these regulatory decisions.
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Ownership Overview
28.57% Insiders
18.68% Mutual Funds
10.37% Other Institutional Investors
42.37% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARAY FAQ
What was Accuray Incorporated’s price range in the past 12 months?
Accuray Incorporated lowest stock price was $2.17 and its highest was $4.30 in the past 12 months.
What is Accuray Incorporated’s market cap?
Currently, no data Available
When is Accuray Incorporated’s upcoming earnings report date?
Accuray Incorporated’s upcoming earnings report date is May 01, 2024 which is in 12 days.
How were Accuray Incorporated’s earnings last quarter?
Accuray Incorporated released its earnings results on Jan 31, 2024. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of -$0.051 by -$0.049.
Is Accuray Incorporated overvalued?
According to Wall Street analysts Accuray Incorporated’s price is currently Undervalued.
Does Accuray Incorporated pay dividends?
Accuray Incorporated does not currently pay dividends.
What is Accuray Incorporated’s EPS estimate?
Accuray Incorporated’s EPS estimate is -$0.01.
How many shares outstanding does Accuray Incorporated have?
Accuray Incorporated has 99,168,760 shares outstanding.
What happened to Accuray Incorporated’s price movement after its last earnings report?
Accuray Incorporated reported an EPS of -$0.1 in its last earnings report, missing expectations of -$0.051. Following the earnings report the stock price went down -1.158%.
Which hedge fund is a major shareholder of Accuray Incorporated?
Among the largest hedge funds holding Accuray Incorporated’s share is Royce & Associates LLC. It holds Accuray Incorporated’s shares valued at 9M.
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Accuray Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$9.67 (340.55% Upside)
$9.67 (340.55% Upside)
Blogger Sentiment
Bullish
ARAY Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 259.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $31.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.51%
12-Months-Change
Fundamentals
Return on Equity
-29.27%
Trailing 12-Months
Asset Growth
1.62%
Trailing 12-Months
Company Description
Accuray Incorporated
Accuray, Inc. is a radiation oncology company. It engages in the development, manufacture and sale of treatment solutions that includes cyberKnife and tomo therapy systems, designed to deliver radiosurgery, stereotactic body radiation therapy, intensity modulated radiation therapy, image-guided radiation therapy and adaptive radiation therapy. The company was founded by John R. Adler in 1990 and is headquartered in Sunnyvale, CA.
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ARAY Company Deck
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ARAY Earnings Call
Q2 2024
0:00 / 0:00
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ARAY Stock 12 Months Forecast
Average Price Target
$9.67
▲(340.55% Upside)
Technical Analysis
Best Analysts Covering ARAY
1 Year
1 Year Success Rate
11/22 ratings generated profit
1 Year Average Return
+7.52%
reiterated a buy rating 3 months ago
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