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INSG

InseegoNasdaqGS:INSG Stock Report

Last Price

US$4.27

Market Cap

US$448.9m

7D

-8.6%

1Y

-78.1%

Updated

26 Jan, 2022

Data

Company Financials +
INSG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

INSG Stock Overview

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide.

Inseego Competitors

Cisco Systems

NasdaqGS:CSCO

US$233.4b

CommScope Holding Company

NasdaqGS:COMM

US$1.9b

ADTRAN

NasdaqGS:ADTN

US$923.6m

NETGEAR

NasdaqGS:NTGR

US$795.4m

Price History & Performance

Summary of all time highs, changes and price drops for Inseego
Historical stock prices
Current Share PriceUS$4.27
52 Week HighUS$21.71
52 Week LowUS$3.96
Beta1.53
1 Month Change-28.11%
3 Month Change-31.57%
1 Year Change-78.11%
3 Year Change-17.73%
5 Year Change37.74%
Change since IPO-96.84%

Recent News & Updates

Dec 30
Is Inseego Corp. (NASDAQ:INSG) Trading At A 36% Discount?

Is Inseego Corp. (NASDAQ:INSG) Trading At A 36% Discount?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Inseego Corp...

Dec 09
When Should You Buy Inseego Corp. (NASDAQ:INSG)?

When Should You Buy Inseego Corp. (NASDAQ:INSG)?

Inseego Corp. ( NASDAQ:INSG ), is not the largest company out there, but it saw significant share price movement during...

Oct 27

Inseego: Not Shorting But Elevated Risk Remains

Earnings & sales beat expectations in Q2 but shares continue their pattern of lower lows. The 5G boom will lead to increased sales. The question is how much of these sales have already been priced in. Although margins have been improving, Inseego remains a high-risk play due to its continuous cash-burn.

Shareholder Returns

INSGUS CommunicationsUS Market
7D-8.6%-6.2%-5.1%
1Y-78.1%19.1%3.3%

Return vs Industry: INSG underperformed the US Communications industry which returned 19.1% over the past year.

Return vs Market: INSG underperformed the US Market which returned 3.3% over the past year.

Price Volatility

Is INSG's price volatile compared to industry and market?
INSG volatility
INSG Average Weekly Movement8.1%
Communications Industry Average Movement7.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.4%

Stable Share Price: INSG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: INSG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,007Dan Mondorhttps://www.inseego.com

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products for vertical markets, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G and 5G fixed wireless routers and gateways, mobile hotspots, and wireless gateways and routers for IIoT applications; and Gb speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to analyze data insights and configure/manage their hardware remotely.

Inseego Fundamentals Summary

How do Inseego's earnings and revenue compare to its market cap?
INSG fundamental statistics
Market CapUS$448.89m
Earnings (TTM)-US$54.59m
Revenue (TTM)US$275.57m

1.6x

P/S Ratio

-8.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INSG income statement (TTM)
RevenueUS$275.57m
Cost of RevenueUS$191.36m
Gross ProfitUS$84.21m
ExpensesUS$138.81m
Earnings-US$54.59m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin30.56%
Net Profit Margin-19.81%
Debt/Equity Ratio-1,029.7%

How did INSG perform over the long term?

See historical performance and comparison

Valuation

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

47.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INSG ($4.27) is trading below our estimate of fair value ($8.07)

Significantly Below Fair Value: INSG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: INSG is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.

PE vs Market: INSG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INSG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INSG has negative assets, so we can't compare its PB Ratio to the US Communications industry average.


Future Growth

How is Inseego forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

25.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INSG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: INSG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: INSG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: INSG's revenue (13.4% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: INSG's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if INSG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Inseego performed over the past 5 years?

-13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INSG is currently unprofitable.

Growing Profit Margin: INSG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: INSG is unprofitable, and losses have increased over the past 5 years at a rate of 13.4% per year.

Accelerating Growth: Unable to compare INSG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INSG is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (36.7%).


Return on Equity

High ROE: INSG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Inseego's financial position?


Financial Position Analysis

Short Term Liabilities: INSG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: INSG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: INSG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: INSG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: INSG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if INSG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Inseego current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate INSG'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 INSG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INSG'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 INSG'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?

2.0yrs

Average management tenure


CEO

Dan Mondor (66 yo)

4.58yrs

Tenure

US$824,992

Compensation

Mr. Dan Mondor has been Chairman of Inseego Corp. since August 6, 2018. Mr. Mondor has been Chief Executive Officer of Inseego Corp. since June 6, 2017. Mr. Mondor served as the Chief Executive Officer of...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD824.99K) is below average for companies of similar size in the US market ($USD1.70M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: INSG's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: INSG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: INSG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.


Top Shareholders

Company Information

Inseego Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Inseego Corp.
  • Ticker: INSG
  • Exchange: NasdaqGS
  • Founded: 1996
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: US$448.890m
  • Shares outstanding: 105.13m
  • Website: https://www.inseego.com

Number of Employees


Location

  • Inseego Corp.
  • 9710 Scranton Road
  • Suite 200
  • San Diego
  • California
  • 92121
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 23:54
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.