OTCPK:ECTE

Stock Analysis Report

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Executive Summary

Echo Therapeutics, Inc. engages in the development of transdermal skin permeation and diagnostic medical devices for wearable-health consumer and diabetes outpatient markets. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Echo Therapeutics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ECTE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ECTE

1.5%

US Medical Equipment

1.8%

US Market


1 Year Return

2.5%

ECTE

16.2%

US Medical Equipment

14.2%

US Market

Return vs Industry: ECTE underperformed the US Medical Equipment industry which returned 16.2% over the past year.

Return vs Market: ECTE underperformed the US Market which returned 14.2% over the past year.


Shareholder returns

ECTEIndustryMarket
7 Day0%1.5%1.8%
30 Day5.1%1.2%0.04%
90 Day0.5%12.3%9.8%
1 Year2.5%2.5%17.2%16.2%16.7%14.2%
3 Year-74.7%-74.7%75.0%70.4%41.6%32.2%
5 Year-99.4%-99.4%144.8%126.4%90.9%69.5%

Price Volatility Vs. Market

How volatile is Echo Therapeutics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Echo Therapeutics undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Echo Therapeutics is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Echo Therapeutics has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Echo Therapeutics's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Echo Therapeutics regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

How is Echo Therapeutics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.1%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Echo Therapeutics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Echo Therapeutics performed over the past 5 years?

15.4%

Historical Healthcare annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if ECTE has high quality earnings.

Growing Profit Margin: Insufficient data to determine if ECTE's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ECTE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ECTE's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if ECTE's earnings growth over the past year exceeded the Medical Equipment industry average.


Return on Equity

High ROE: ECTE has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Echo Therapeutics's financial position?


In this section we usually analyse Echo Therapeutics's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Echo Therapeutics has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of ECTE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Echo Therapeutics's financial data was last updated here.
  • Explore more healthy companies in the Healthcare industry.

Dividend

What is Echo Therapeutics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ECTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ECTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ECTE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ECTE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ECTE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.1yrs

Average board tenure


CEO

Alan Schoenbart (61 yo)

3.5yrs

Tenure

US$260,000

Compensation

Mr. Alan W. Schoenbart, CPA, has been Chief Executive Officer of Echo Therapeutics, Inc. since March 21, 2017 and its Chief Financial Officer since December 29, 2014. Mr. Schoenbart serves as Secretary of ...


CEO Compensation Analysis

Compensation vs Market: Alan's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD594.44K).

Compensation vs Earnings: Insufficient data to compare Alan's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Alan Schoenbart
Chief Executive Officer3.5yrsUS$260.00kno data
Richard Shemin
Member of Clinical Advisory Board15.08yrsno datano data
Stanley Nasraway
Member of Clinical Advisory Board15.08yrsno datano data
Alan Lisbon
Member of Clinical Advisory Board15.08yrsno datano data
Mitchell Levy
Member of Clinical Advisory Board15.08yrsno datano data
Bruce Bistrian
Member of Clinical Advisory Board15.08yrsno datano data
Peter Burke
Member of Clinical Advisory Board15.08yrsno datano data
Anthony Furnary
Member of Medical Advisory Board12.33yrsno datano data

15.1yrs

Average Tenure

Experienced Board: ECTE's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Echo Therapeutics, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Echo Therapeutics, Inc.
  • Ticker: ECTE
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: US$136.297k
  • Shares outstanding: 13.30m
  • Website: https://www.echotx.com

Number of Employees


Location

  • Echo Therapeutics, Inc.
  • 99 Wood Avenue South
  • Suite 302
  • Iselin
  • New Jersey
  • 8830
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ECTEOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1997

Biography

Echo Therapeutics, Inc. engages in the development of transdermal skin permeation and diagnostic medical devices for wearable-health consumer and diabetes outpatient markets. It is developing continuous gl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 05:35
End of Day Share Price2020/09/17 00:00
Earnings2016/09/30
Annual Earnings2015/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.