Locafy Stock Today
| LCFY Stock | USD 3.54 0.03 0.84% |
Performance0 of 100
| Odds Of DistressOver 84
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Locafy is trading at 3.54 as of the 29th of April 2024; that is -0.84 percent decrease since the beginning of the trading day. The stock's open price was 3.57. Locafy has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Locafy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 25th of March 2022 | Category Communication Services |
Locafy Limited operates as a software-as-a-service company that specializes in local search engine marketing in Australia, Europe, the United States, and internationally. Locafy Limited was incorporated in 2009 and is headquartered in Subiaco, Australia. The company has 1.28 M outstanding shares of which 3.78 K shares are now shorted by private and institutional investors with about 0.61 trading days to cover. More on Locafy
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Locafy Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Locafy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Locafy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Founder | Gavin Burnett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Movies & Entertainment, Internet Content & Information, Communication Services, NASDAQ Composite, Communication Services, Entertainment, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Locafy's financial statements, Locafy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Locafy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Locafy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Locafy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Locafy's financial leverage. It provides some insight into what part of Locafy's total assets is financed by creditors.
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Locafy (LCFY) is traded on NASDAQ Exchange in USA. It is located in 246 Churchill Avenue, Subiaco, WA, Australia, 6008 and employs 34 people. Locafy is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Locafy's market, we take the total number of its shares issued and multiply it by Locafy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Locafy conducts business under Entertainment sector and is part of Communication Services industry. The entity has 1.28 M outstanding shares of which 3.78 K shares are now shorted by private and institutional investors with about 0.61 trading days to cover.
Locafy currently holds about 762.74 K in cash with (2.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Locafy Probability Of Bankruptcy
Ownership AllocationLocafy holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months.
Check Locafy Ownership Details
Locafy Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Locafy jumping above the current price in 90 days from now is more than 94.0%. The Locafy probability density function shows the probability of Locafy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4158. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Locafy will likely underperform. Additionally, locafy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Locafy to move above the current price in 90 days from now is more than 94.0 (This Locafy probability density function shows the probability of Locafy Stock to fall within a particular range of prices over 90 days) .
Locafy Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Locafy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Locafy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Locafy's value.| Instituion | Recorded On | Shares | |
| Clear Street Llc | 2023-12-31 | 100.0 | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 0.0 | |
| Tower Research Capital Llc | 2023-12-31 | 0.0 | |
| Ubs Group Ag | 2023-09-30 | 0.0 |
Locafy Historical Income Statement
Locafy Income Statement is one of the three primary financial statements used for reporting Locafy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Locafy revenue and expense. Locafy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Depreciation And Amortization is likely to rise to about 1.6 M in 2024, whereas Net Interest Income is likely to drop (99.6 K) in 2024. View More FundamentalsLocafy Stock Against Markets
Picking the right benchmark for Locafy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Locafy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Locafy is critical whether you are bullish or bearish towards Locafy at a given time. Please also check how Locafy's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Locafy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Locafy Corporate Management
Elected by the shareholders, the Locafy's board of directors comprises two types of representatives: Locafy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Locafy. The board's role is to monitor Locafy's management team and ensure that shareholders' interests are well served. Locafy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Locafy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sara Harris | Head Culture | Profile | |
| Chris McDonald | Chief Officer | Profile | |
| Umair Ehsan | Head Development | Profile | |
| Xander Santos | Chief Architect | Profile | |
| Chris Kealley | Head Product | Profile | |
| Nathan Ruff | Chief Officer | Profile | |
| Jimmy Kelley | Global Technologies | Profile |
How to buy Locafy Stock?
Before investing in Locafy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Locafy. To buy Locafy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Locafy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Locafy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Locafy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Locafy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Locafy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.
Already Invested in Locafy?
The danger of trading Locafy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Locafy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Locafy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Locafy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Locafy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Locafy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Locafy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Locafy Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locafy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.Note that the Locafy information on this page should be used as a complementary analysis to other Locafy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Locafy Stock analysis
When running Locafy's price analysis, check to measure Locafy'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 Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.
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Is Locafy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Locafy. If investors know Locafy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Locafy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.07) | Revenue Per Share 3.888 | Quarterly Revenue Growth (0.32) | Return On Assets (0.15) | Return On Equity (0.50) |
The market value of Locafy is measured differently than its book value, which is the value of Locafy that is recorded on the company's balance sheet. Investors also form their own opinion of Locafy's value that differs from its market value or its book value, called intrinsic value, which is Locafy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Locafy's market value can be influenced by many factors that don't directly affect Locafy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Locafy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Locafy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Locafy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.