Is Narrowstep Stock a Good Investment?

Narrowstep Investment Advice

  NRWS
To provide specific investment advice or recommendations on Narrowstep stock, we recommend investors consider the following general factors when evaluating Narrowstep. This will help you to make an informed decision on whether to include Narrowstep in one of your diversified portfolios:
  • Examine Narrowstep's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Narrowstep's leadership team and their track record. Good management can help Narrowstep navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Broadcasting space and any emerging trends that could impact Narrowstep's business and its evolving consumer preferences.
  • Compare Narrowstep's performance and market position to its competitors. Analyze how Narrowstep is positioned in terms of product offerings, innovation, and market share.
  • Check if Narrowstep pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Narrowstep's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Narrowstep stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Narrowstep is a good investment.
Not Rated

Examine Narrowstep Stock

Researching Narrowstep's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book ratio of 0.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Narrowstep recorded a loss per share of 0.01. The entity had not issued any dividends in recent years.
To determine if Narrowstep is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Narrowstep's research are outlined below:
Narrowstep generated a negative expected return over the last 90 days
Narrowstep has some characteristics of a very speculative penny stock
Narrowstep has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 5.85 M. Net Loss for the year was (14.64 M) with loss before overhead, payroll, taxes, and interest of (286.11 K).
Narrowstep currently holds about 667.7 K in cash with (9.65 M) of positive cash flow from operations.
Narrowstep has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Hedge fund leverage reaches five-year high, buying bank stocks, Goldman Sachs says - MSN

Narrowstep's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 109.53 K.

Market Cap

10.6 Million

Narrowstep's profitablity analysis

Last ReportedProjected for Next Year
Return On Tangible Assets(1.69)(1.78)
Return On Capital Employed 2.38  3.52 
Return On Assets(1.99)(2.09)
Return On Equity(2.56)(2.68)
The company has Profit Margin (PM) of (2.43) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.09.
Determining Narrowstep's profitability involves analyzing its financial statements and using various financial metrics to determine if Narrowstep is a good buy. For example, gross profit margin measures Narrowstep's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Narrowstep's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Narrowstep's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Narrowstep. Check Narrowstep's Beneish M Score to see the likelihood of Narrowstep's management manipulating its earnings.

Evaluate Narrowstep's management efficiency

Narrowstep has return on total asset (ROA) of (0.6501) % which means that it has lost $0.6501 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5025) %, meaning that it created substantial loss on money invested by shareholders. Narrowstep's management efficiency ratios could be used to measure how well Narrowstep manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 3.52 in 2025, whereas Return On Tangible Assets are likely to drop (1.78) in 2025. At this time, Narrowstep's Net Tangible Assets are comparatively stable compared to the past year. Other Assets is likely to gain to about 340.3 K in 2025, whereas Total Current Assets are likely to drop slightly above 3.7 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 0.08  0.09 
Tangible Book Value Per Share 0.06  0.04 
Enterprise Value Over EBITDA(0.40)(0.42)
Price Book Value Ratio 1.69  1.61 
Enterprise Value Multiple(0.40)(0.42)
Price Fair Value 1.69  1.61 
Enterprise Value6.7 M6.4 M
Effective management at Narrowstep has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Beta
36.323

Basic technical analysis of Narrowstep Stock

In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Narrowstep, as well as the relationship between them.

Narrowstep Stock media impact

There is far too much social signal, news, headlines, and media speculation about Narrowstep that are available to investors today. This information is accessible both publicly - through Narrowstep's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Narrowstep-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Narrowstep news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Narrowstep relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Narrowstep's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Narrowstep alpha.

Additional Tools for Narrowstep Stock Analysis

When running Narrowstep's price analysis, check to measure Narrowstep's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Narrowstep is operating at the current time. Most of Narrowstep's value examination focuses on studying past and present price action to predict the probability of Narrowstep's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Narrowstep's price. Additionally, you may evaluate how the addition of Narrowstep to your portfolios can decrease your overall portfolio volatility.