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How to Buy Icad Stock

Icad Inc

iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. It operates through two segments, Cancer Detection and Cancer Therapy.

Icad stock last closed at $1.77, up 9.94% from the previous day, and has increased 2.91% in one year. It has overperformed other stocks in the Medical Devices industry by 0.24 percentage points. Icad stock is currently +68.57% from its 52-week low of $1.05, and -55.42% from its 52-week high of $3.97.

As of Dec 1, 2023, there are 26.35M ICAD shares outstanding. The market cap of ICAD is $46.64M. In the past 24 hours, 219,003 ICAD shares were traded.

How to Buy Icad Stock

Not sure how to invest in Icad stock? Here's how.
  1. Choose where to buy Icad stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Icad stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Analyze Icad stock: The Icad ticker symbol is ICAD. Is Icad stock a good investment? Should you buy shares of ICAD? How do ICAD's underlying business fundamentals look? Do top analysts think Icad is a good buy? Why has ICAD's stock price moved recently? (Hint: Our stock market research website can help you understand if ICAD is a good stock to buy).
  5. Place your ICAD trade: Decide if you will purchase ICAD shares at the current market price or use a limit order to buy ICAD stock at a specific price.
  6. Get key alerts regarding your ICAD investment: Create a watchlist to keep tabs on your investment in Icad shares.

Step 1: Choose where to buy Icad stock

You need a brokerage account in order to access the NASDAQ market and buy ICAD shares.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal information so you can buy ICAD stock today.

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Step 3: Deposit money your investment account

Now that you've opened your account on the stocks app, you need to deposit funds:

Check out the walkthrough below for more details transferring money into your new investment account.

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Step 4: Analyze Icad stock

Once you have identified the best place to buy Icad stock, it's critical to research their stock before you invest, so you actually understand the risk as well as the opportunity.

Icad quick stats

ICAD Price
$1.77
1w %
32.09%
1y %
2.91%
5y %
-57.86%
P/E
-4.54x
P/B
1.5x
P/S
2.04x
PEG
N/A
Revenue
$22.21M
Earnings
-$10.00M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$46.64M
Next Earnings
N/A
Next Dividend
N/A

Icad Due Diligence Checks

WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ICAD's stock page.

Is ICAD stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ICAD's intrinsic value.

Using relative valuations measures:

  • ICAD could be undervalued based on its P/B ratio of 1.5x, relative to Medical Devices industry P/B ratio of 3.58x

You can access additional valuation research on ICAD's stock here.

A quick look at ICAD Financials

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ICAD balance sheet.
  • There are more short-term assets than long-term liabilities on the ICAD balance sheet.
  • ICAD has $19.05M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.49M.
  • Total ICAD debt is lower than 5 years ago, relative to shareholder equity.
  • ICAD has cash burn of 7487000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Financial Indicators:

  • ICAD has a relatively high debt to equity ratio of 0.48.
  • ICAD profit margin has gone up by 0.09 percentage points in the past year, but the company is still unprofitable.

Do analysts think it's a good time to buy ICAD stock

Out of 1 sell side analysts who track ICAD, the consensus analyst rating on ICAD is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Icad stock forecast page.

ICAD Technical Indicators

SMA10
1.44
SMA20
1.42
SMA50
1.63
SMA100
2.05
SMA200
1.82
MACD
0
MACD Signal
-0.06
MACD Histogram
0.06
RSI
66.01
Stochastic %K
82.8
Stochastic %D
72.87
StochRSI %K
98.2
StochRSI %D
98.2

How are ICAD Revenues/Earnings doing?

Last year, ICAD revenue was $22.21M. In the past five year, ICAD's revenue has increased by -3.52% per year. This was slower than the Medical Devices industry average of 12.59%.

You can analyze ICAD's earnings and revenue performance here.

Who is buying/selling ICAD?

In the past 12 months, insiders at ICAD have bought more shares than they have sold.

Dana R. Brown, President and Chief Executive Officer of ICAD, was the latest ICAD insider to buy. They bought $52,000.00 worth of ICAD shares on Mar 31, 2023.

Dig into more about who owns ICAD stock here.

Does ICAD stock generate passive income?

No, Icad doesn't provide an income stream by paying out dividends.

What others are saying about ICAD

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your ICAD trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open button and eToro will place your order.

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Step 6: Get key alerts regarding your ICAD investment

Now that you own some shares in ICAD, you'll want to keep up with your new company.

Add ICAD to a watchlist to see the latest developments about your ICAD stock.

ICAD Feed

How to Buy Stock in Icad

To reiterate, here are the 6 steps you need to take to buy Icad stock right now:

  1. Choose where to buy Icad stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Icad stock
  5. Place your ICAD trade
  6. Get key alerts regarding your ICAD investment

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Icad, create a watchlist today.

NASDAQ: ICAD
$1.77+0.16 (+9.94%)
Updated Dec 1, 2023
Open eToro Account
NASDAQ: ICAD
$1.77+0.16 (+9.94%)
Updated Dec 1, 2023
Open eToro Account

FAQ

How much does it cost to buy one Icad share?

As of Dec 1, 2023, it costs $1.77 to buy one share of Icad stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.89, you can buy 0.5 shares of ICAD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Icad stock?

According to 1 Wall Street analysts who monitor Icad, their consensus recommendation is to buy Icad stock.

What is the best way to buy Icad stock?

One way to place an order for Icad stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.