As has been the case with most of the growth-oriented stocks this year, NNDM has fallen significantly. Due to expectations of rising interest rates and inflation, investors have rotated away from growth into value stocks and got caught in the broader pullback.
Who owns nndm stock?
Wood's Ark Funds now own 21,195,074 NNDM shares. She points out that the key 10 year US Treasury Bond interest rate has declined from around 1.8% six months ago to 1.40% today. The interest rate on the 10 year T Bond is the combined judgment of highly sophisticated investors and institutional managers world wide.
Why is nndm stock pulling back?
The expectations of rising interest rates and inflation as well as concerns about its soaring valuations have led to a pullback in NNDM stock. After soaring by more than 900 percent in 2020, NNDM stock has shown a negative price momentum YTD.
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Is nndm’s valuation too high?
Currently, NNDM is trading at EV-to-NTM revenue of 133x, which is expensive. A high valuation can be hinged on the company’s growth potential. However, the base for that potential lies in the company management’s execution historically.
Will NNDM stock go up?
During the day the stock fluctuated 5.80% from a day low at $2.76 to a day high of $2.92. The price has fallen in 5 of the last 10 days and is down by -4.83% for this period....Predicted Opening Price for Nano Dimension Ltd of Tuesday, June 14, 2022.Fair opening price June 14, 2022Current price$2.81$2.76 (Undervalued)
Is NNDM stock a good buy?
According to Wallet Investor, it currently suggests NNDM is a stock worth investing in. This particular website updates itself often, keeping up with the current trends going on in the New York Stock Exchange. The long-term projections suggest 2025 and 2027 share promising return values for the investment.
Is NNDM undervalued?
NNDM fair value NNDM ($2.76) is significantly undervalued... subscribe to Premium to read more.
Does Ark still hold NNDM?
Institutional investors purchased a net $5.7 million shares of NNDM during the quarter ended March 2019, and now own 22.31% of the total float, a percentage that is typical for companies in the Textiles industry....Nano Dimension Ltd (NASDAQ:NNDM)Mutual fund holders9.86%Individual stakeholders--1 more row
Is Pltr a buy?
With growing revenues, robust FCF, and impending net income profitability, PLTR proves to be an excellent buy at current valuations.
Does Cathie Wood own nano dimension?
Wood has accomplished this by picking market-leading companies that put an emphasis on innovation in their respective industries. Holdings such as Nano Dimension (NNDM 3.10%), Teladoc Health (TDOC 3.33%), and Twitter (TWTR 1.99%) have the potential to boost those returns further.
What's going on with nano dimensions?
Summary. I expect Nano Dimension's revenue to increase 10-fold between 2020 and 2022. Nano Dimension operates in markets expected to experience an exceptional CAGR between now and 2026. NNDM plans to use this capital to expand its R&D activities and acquire companies of strategic importance.
What does nano dimension do?
Nano Dimension is the pioneer and provider of Additively Manufactured Electronics (AME) technology – an alternative in-house method of fabricating printed circuit boards (PCBs) and other electronic devices.
How much of NNDM does Cathy Woods own?
Cathie Wood Nano Dimension Ltd - ADR The investor owns 8.49% of the outstanding Nano Dimension Ltd - ADR stock. Cathie Wood started to build up the position in Nano Dimension Ltd - ADR in Q4 2019 and continued to invest until Q4 2021. Since then they sold 965 Thousand shares.
Who is holding NNDM?
Largest shareholders include ARK Investment Management LLC, ARKW - ARK Next Generation Internet ETF, ARKQ - ARK Autonomous Technology & Robotics ETF, BlackRock Inc., Morgan Stanley, State Street Corp, Clearline Capital LP, PRNT - The 3D Printing ETF, Man Group plc, and Susquehanna International Group, Llp.
When is Nano Dimension's next earnings date?
Nano Dimension is scheduled to release its next quarterly earnings announcement on Tuesday, May 31st 2022. View our earnings forecast for Nano Dim...
How can I listen to Nano Dimension's earnings call?
Nano Dimension will be holding an earnings conference call on Tuesday, May 31st at 9:00 AM Eastern. Interested parties can register for or listen t...
How were Nano Dimension's earnings last quarter?
Nano Dimension Ltd. (NASDAQ:NNDM) announced its quarterly earnings data on Thursday, March, 31st. The technology company reported ($0.62) earnings...
When did Nano Dimension's stock split? How did Nano Dimension's stock split work?
Shares of Nano Dimension reverse split on Monday, June 29th 2020. The 1-50 reverse split was announced on Tuesday, June 16th 2020. The number of sh...
What guidance has Nano Dimension issued on next quarter's earnings?
Nano Dimension updated its first quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of for the pe...
Who are Nano Dimension's key executives?
Nano Dimension's management team includes the following people: Mr. Yoav Stern , CEO & Chairman (Age 67, Pay $696k) Mr. Zivi R. Nedivi , Pres...
Who are some of Nano Dimension's key competitors?
Some companies that are related to Nano Dimension include Sanmina (SANM) , Plexus (PLXS) , TTM Technologies (TTMI) , Celestica (CLS) , CTS (CT...
What other stocks do shareholders of Nano Dimension own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Nano Dimension investors own include Sorrento Therapeutics...
What is Nano Dimension's stock symbol?
Nano Dimension trades on the NASDAQ under the ticker symbol "NNDM."
Who is Nano Dimension?
3D-Printed Electronics provider Nano Dimension Ltd (NASDAQ: NNDM) collaborated with defense and security electronics and sensor solutions provider Hensoldt AG (OTC: HAGHY) in a $6 million joint venture entity named J.A.M.E.S. GmbH (Jetted Additively Manufactures Electronics Sources or J.A.M.E.S.). The JV aims to develop the most advanced technology in 3D printing. Hensoldt unit Hensoldt Ventures will lead the joint venture. Taufkirchen, Germany-based J.A.M.E.S., will combine the strengths of bot
Is Nano Dimension overvalued?
However, with any stock, investors need to assess the fundamentals on their own. In so doing, it appears to be difficult to make the case that Nano Dimension is anything but extremely overvalued at these levels. The stock’s dropped 65% from its peak, but it still looks overvalued.
NNDM Stock: Downside Debatable
When I last wrote about Nano Dimension back in July, I made the case why the company’s large cash position minimized its downside potential. It may generate little to no revenue today.
The Timeline May Not Match Your Investing Time Horizon
As InvestorPlace’s Joseph Nograles discussed Aug. 27, accompanying the company’s Q2 results were remarks from Stern that let investors know that revenue growth was not the main focus just yet.
The Verdict: Hold Off Buying for Now
With the uncertainty around its future R&D spending plans, downside risk is debatable when it comes to Nano Dimension. So is upside, given the company is more focused on the long haul at the expense of growing its sales.
How much is the 3D printing market worth in 2027?
According to Fortune Business Insight, the 3D printed market is expected to reach $54.96 billion by 2027 from $10.41 billion in 2019. This implies a CAGR of 23.5 percent during the forecast period. The expansion is driven by adoption by various industry verticals. The prospects for the 3D printing market are certainly huge ...
Is Deep Cube related to NNDM?
Kerrisdale Capital recommended shorting NNDM on its acquisition of Deep Cube. They think that the deal is silly since the businesses aren't related and DeepCube was founded by two NNDM’s board members. The deal has generated a lot of negative publicity for the company.
Calculating the Cash Per Share for NNDM Stock
For example, on May 10, NNMD indicated on page 2 of an F-3 filing with the SEC that it had 256,489,283 ADSs (American Depository Shares) outstanding. It also said that the ADSs represent ordinary shares on a 1 for 1 basis. This implies that at Wednesday’s closing price of $5.65 per share, NNMD’s market value is $1,449 million (i.e., $1.45 billion).
American vs. Israeli Disclosures
So, you can see why it is so important that Nano Dimension starts to provide exact share counts. In fact, Nano Dimension did not even provide a “diluted” earnings per share number. This is normally required of any American company.
What the Business Is Worth
So, based on 272.04 million shares outstanding, its $1.397 billion cash balance works out to $5.135 in cash per share. That is 90.88% of the $5.65 price at which NNDM stock trades. The difference must be what the market thinks the underlying 3d printing businesses and technology is worth.
What to Do With NNDM Stock
Most investors should just wait for NNDM stock to fall well below (at least 20% below) its cash per share of $5.135. That will give the defensive investor a margin of safety, given the issues with the company’s disclosures, its long-term business value, and its cash burn.