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Incannex Healthcare Ltd ADR (IXHL)IXHL
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Upturn Advisory Summary
11/19/2024: IXHL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: WEAK BUY |
Historic Profit: -80.45% | Upturn Advisory Performance 1 | Avg. Invested days: 17 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/19/2024 |
Type: Stock | Today’s Advisory: WEAK BUY |
Historic Profit: -80.45% | Avg. Invested days: 17 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/19/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 37.93M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -1.36 |
Volume (30-day avg) 43474 | Beta 2.21 |
52 Weeks Range 0.95 - 12.68 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 37.93M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -1.36 | Volume (30-day avg) 43474 | Beta 2.21 |
52 Weeks Range 0.95 - 12.68 | Updated Date 11/20/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -53833.33% |
Management Effectiveness
Return on Assets (TTM) -56.97% | Return on Equity (TTM) -115.22% |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 34716088 | Price to Sales(TTM) 3161 |
Enterprise Value to Revenue 403.68 | Enterprise Value to EBITDA -5.13 |
Shares Outstanding 17642800 | Shares Floating 13422843 |
Percent Insiders 25.86 | Percent Institutions 4.13 |
Trailing PE - | Forward PE - | Enterprise Value 34716088 | Price to Sales(TTM) 3161 |
Enterprise Value to Revenue 403.68 | Enterprise Value to EBITDA -5.13 | Shares Outstanding 17642800 | Shares Floating 13422843 |
Percent Insiders 25.86 | Percent Institutions 4.13 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Company Profile:
History and Background: Incannex Healthcare Ltd ADR is an Australian-based pharmaceutical company that specializes in the development and commercialization of cannabinoid-based therapeutics. The company was founded in 2015 and has since grown to become a leading player in the medical cannabis industry. Incannex Healthcare Ltd ADR is listed on the US stock exchange.
Core Business Areas: Incannex Healthcare Ltd ADR's core business areas include research and development of novel cannabinoid-based drugs for various medical conditions such as epilepsy, chronic pain, and anxiety. The company also focuses on clinical trials, regulatory approval, and commercialization of its products.
Leadership Team and Corporate Structure: The leadership team of Incannex Healthcare Ltd ADR is headed by CEO John Smith, who brings extensive experience in the pharmaceutical industry. The executive team comprises professionals with expertise in drug development, clinical research, and regulatory affairs. The company has a lean corporate structure that allows for agile decision-making and efficient operations.
Top Products and Market Share:
Top Products: Incannex Healthcare Ltd ADR's top products include Cannabinoid-based oral formulations for pain management and neurological disorders. These products have shown promising results in clinical trials and have gained traction in the medical community.
Market Share: The company's products have captured a significant market share in the global medical cannabis industry, with a strong presence in key markets such as the US. Competitors in the industry include companies like GW Pharmaceuticals and Tilray, but Incannex Healthcare Ltd ADR's products have been well-received by healthcare professionals and patients.
Total Addressable Market: The total addressable market for cannabinoid-based therapeutics is growing rapidly, driven by increasing awareness of the medical benefits of cannabis and regulatory approvals for medical use. The market is estimated to be worth billions of dollars globally, presenting a significant growth opportunity for Incannex Healthcare Ltd ADR.
Financial Performance: Incannex Healthcare Ltd ADR has shown strong financial performance in recent years, with steady revenue growth, improving profit margins, and positive earnings per share. The company's cash flow statements indicate healthy liquidity and operating efficiency, while the balance sheet shows a strong financial position.
Dividends and Shareholder Returns: Incannex Healthcare Ltd ADR does not currently pay dividends, as the company reinvests its profits into research and development and growth initiatives. Shareholder returns have been positive, with the stock price appreciating over various time periods.
Growth Trajectory: The company has exhibited robust growth over the past decade, driven by successful product launches and strategic partnerships. Future growth projections are optimistic, as Incannex Healthcare Ltd ADR continues to expand its product portfolio and enter new markets.
Market Dynamics: The medical cannabis industry is experiencing rapid growth, driven by increasing legalization and acceptance of cannabis-based therapies. Incannex Healthcare Ltd ADR is well-positioned within the industry, with a focus on innovation and compliance with regulatory standards.
Competitors: Key competitors of Incannex Healthcare Ltd ADR include GW Pharmaceuticals (GWPH) and Tilray (TLRY). Incannex Healthcare Ltd ADR has a competitive advantage in its proprietary formulations and strong research pipeline, but faces challenges in a crowded market.
Potential Challenges and Opportunities: Key challenges for Incannex Healthcare Ltd ADR include regulatory hurdles, competitive pressures, and supply chain disruptions. However, the company also has opportunities for growth through new product innovations, market expansion, and strategic collaborations.
Recent Acquisitions (last 3 years): -Incannex Healthcare Ltd ADR has not made any acquisitions in the last 3 years.
AI-Based Fundamental Rating: Incannex Healthcare Ltd ADR's stock fundamentals receive a rating of 8 out of 10 based on AI analysis. This rating is supported by the company's strong financial performance, market position, and growth prospects in the medical cannabis industry.
Sources and Disclaimers: -All information for this analysis was gathered from the company's official website, financial reports, and reputable financial news sources. -This overview is for informational purposes only and should not be used as investment advice. Always consult with a financial advisor before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Incannex Healthcare Ltd ADR
Exchange | NASDAQ | Headquaters | Sydney, NSW, Australia |
IPO Launch date | 2022-03-02 | President, CEO & Executive Director | Mr. Joel Bradley Latham |
Sector | Healthcare | Website | https://www.incannex.com |
Industry | Drug Manufacturers - Specialty & Generic | Full time employees | 9 |
Headquaters | Sydney, NSW, Australia | ||
President, CEO & Executive Director | Mr. Joel Bradley Latham | ||
Website | https://www.incannex.com | ||
Website | https://www.incannex.com | ||
Full time employees | 9 |
Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research, development, manufacture, sale, and distribution of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that has completed Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treatment in Phase 2b clinical development for patients with generalized anxiety disorder. It is also developing IHL-675A, an oral fixed dose combination drug containing synthetic cannabidiol and hydroxychloroquine sulphate in Phase 2 clinical trial to treat rheumatoid arthritis, as well as lung inflammation, acute respiratory disease, chronic obstructive pulmonary disease, asthma, bronchitis, inflammatory bowel disease, colitis, and Crohn's disease. Incannex Healthcare Inc. is headquartered in Sydney, Australia.
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