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908 Devices (MASS)
NASDAQ:MASS
908 Devices (MASS) Stock Price & Analysis
282 Followers
MASS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.85 - $12.51
Previous Close$5.67
Volume254.03K
Average Volume (3M)172.22K
Market Cap
$187.02M
Enterprise Value$47.28M
Total Cash (Recent Filing)$145.68M
Total Debt (Recent Filing)$5.95M
Price to Earnings (P/E)-5.3
Beta2.17
Next Earnings
Aug 06, 2024EPS Estimate
-$0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.07
Shares Outstanding32,909,929
10 Day Avg. Volume224,923
30 Day Avg. Volume172,215
Standard Deviation0.20
R-Squared0.06
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)1.27
Price to Sales (P/S)3.71
Price to Cash Flow (P/CF)-24.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit0.94
Enterprise Value/Ebitda-1.39
Forecast
1Y Price Target
$16.00Price Target Upside183.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
908 Devices News
PremiumCompany Announcements
908 Devices Expands Portfolio with RedWave Acquisition
PremiumCompany Announcements
908 Devices Inc. Is Worried About This – Should You Be Worried Too?
Bulls Say, Bears Say
Bulls Say
Financial StabilityMASS ended the quarter with a robust financial position, boasting $145.7M in cash reserves and a clean slate with no debt, highlighting strong fiscal management and operational efficiency.
Product Line ExpansionThe strategic acquisition of RedWave by MASS not only diversifies its product line with the addition of FTIR forensics products but is also expected to bolster growth without significantly increasing operational costs.
Revenue GrowthMASS's Handheld product segment demonstrates impressive revenue growth, with a 57% increase signaling strong market demand and the potential for sustained sales momentum.
Bears Say
Earnings MissMASS's 4Q23 gross margin of 50.7% was lower than expectations.
Revenue GuidanceMASS's 2024 revenue guidance is slightly below analyst estimates.
Sector ChallengesBiopharma sector continues to pressure Desktop revenue, indicating a segment of business facing challenges.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MASS FAQ
What was 908 Devices’s price range in the past 12 months?
908 Devices lowest stock price was $4.85 and its highest was $12.51 in the past 12 months.
What is 908 Devices’s market cap?
Currently, no data Available
When is 908 Devices’s upcoming earnings report date?
908 Devices’s upcoming earnings report date is Aug 06, 2024 which is in 93 days.
How were 908 Devices’s earnings last quarter?
908 Devices released its earnings results on Apr 30, 2024. The company reported -$0.33 earnings per share for the quarter, beating the consensus estimate of -$0.362 by $0.032.
Is 908 Devices overvalued?
According to Wall Street analysts 908 Devices’s price is currently Undervalued.
Does 908 Devices pay dividends?
908 Devices does not currently pay dividends.
What is 908 Devices’s EPS estimate?
908 Devices’s EPS estimate is -$0.33.
How many shares outstanding does 908 Devices have?
908 Devices has 32,983,276 shares outstanding.
What happened to 908 Devices’s price movement after its last earnings report?
908 Devices reported an EPS of -$0.33 in its last earnings report, beating expectations of -$0.362. Following the earnings report the stock price went down -1.042%.
Which hedge fund is a major shareholder of 908 Devices?
Among the largest hedge funds holding 908 Devices’s share is ARK Investment Management LLC. It holds 908 Devices’s shares valued at 49M.
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908 Devices Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.00 (183.19% Upside)
$16.00 (183.19% Upside)
Blogger Sentiment
Bearish
MASS Sentiment 67%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 584.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $392.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.81%
12-Months-Change
Fundamentals
Return on Equity
-20.61%
Trailing 12-Months
Asset Growth
-13.10%
Trailing 12-Months
Company Description
908 Devices
908 Devices Inc manufactures medical devices. It has developed an innovative suite of purpose-built handheld and desktop mass spectrometry, or Mass Spec, devices for the point-of-need. Mass Spec devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the most critical problems in life sciences research, bioprocessing, industrial biotech, forensics and adjacent markets.
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MASS Company Deck
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MASS Earnings Call
Q1 2024
0:00 / 0:00
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MASS Stock 12 Months Forecast
Average Price Target
$16.00
▲(183.19% Upside)
Technical Analysis
Best Analysts Covering MASS
1 Year
1 Year Success Rate
2/21 ratings generated profit
1 Year Average Return
-36.01%
reiterated a buy rating 6 days ago
Copying Puneet Souda's trades and holding each position for 1 Year would result in 9.52% of your transactions generating a profit, with an average return of -36.01% per trade.
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