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LRAD

Nasdaq:LRAD
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LRAD
Nasdaq
$93M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

LRAD Corporation designs, develops, and commercializes directed and multidirectional sound technologies in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The last earnings update was 36 days ago. More info.


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LRAD Share Price and Events
7 Day Returns
2.9%
NasdaqCM:LRAD
0.7%
US Electronic
1.2%
US Market
1 Year Returns
26.9%
NasdaqCM:LRAD
-0.3%
US Electronic
3%
US Market
LRAD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LRAD (LRAD) 2.9% 18.3% 17.3% 26.9% 65.7% 41.1%
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • LRAD outperformed the Electronic industry which returned -0.3% over the past year.
  • LRAD outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
LRAD
Industry
5yr Volatility vs Market

Value

 Is LRAD undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for LRAD. This is due to cash flow or dividend data being unavailable. The share price is $2.85.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LRAD's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LRAD's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:LRAD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.03
NasdaqCM:LRAD Share Price ** NasdaqCM (2019-03-20) in USD $2.85
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LRAD.

NasdaqCM:LRAD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:LRAD Share Price ÷ EPS (both in USD)

= 2.85 ÷ -0.03

-91.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LRAD is loss making, we can't compare its value to the US Electronic industry average.
  • LRAD is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does LRAD's expected growth come at a high price?
Raw Data
NasdaqCM:LRAD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -91.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
104.1%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for LRAD, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LRAD's assets?
Raw Data
NasdaqCM:LRAD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.01
NasdaqCM:LRAD Share Price * NasdaqCM (2019-03-20) in USD $2.85
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqCM:LRAD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:LRAD Share Price ÷ Book Value per Share (both in USD)

= 2.85 ÷ 1.01

2.81x

* Primary Listing of LRAD.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LRAD is overvalued based on assets compared to the US Electronic industry average.
X
Value checks
We assess LRAD's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. LRAD has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is LRAD expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
104.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LRAD expected to grow at an attractive rate?
  • LRAD's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • LRAD's earnings growth is expected to exceed the United States of America market average.
  • LRAD's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:LRAD Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:LRAD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 104.1%
NasdaqCM:LRAD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 24%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:LRAD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:LRAD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-09-30 45 4 5 1
2019-09-30 39 0 4 1
NasdaqCM:LRAD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 29 -6 -1
2018-09-30 26 1 -4
2018-06-30 31 0 -1
2018-03-31 27 1 -2
2017-12-31 25 0 -2
2017-09-30 20 -1 -1
2017-06-30 18 0 -2
2017-03-31 19 0 -1
2016-12-31 16 1 -2
2016-09-30 16 -1 -1
2016-06-30 16 1 8
2016-03-31 14 0 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LRAD's earnings are expected to grow significantly at over 20% yearly.
  • LRAD's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:LRAD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from LRAD Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LRAD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-09-30 0.15 0.15 0.15 1.00
2019-09-30 0.11 0.11 0.11 1.00
NasdaqCM:LRAD Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.12
2018-06-30 -0.04
2018-03-31 -0.05
2017-12-31 -0.05
2017-09-30 -0.03
2017-06-30 -0.05
2017-03-31 -0.02
2016-12-31 -0.05
2016-09-30 -0.04
2016-06-30 0.25
2016-03-31 0.24

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if LRAD will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess LRAD's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LRAD has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has LRAD performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LRAD's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LRAD does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LRAD's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LRAD's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
LRAD's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LRAD Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LRAD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 28.86 -1.02 10.71 3.79
2018-09-30 26.31 -3.75 10.15 3.52
2018-06-30 30.51 -1.14 10.29 3.31
2018-03-31 27.13 -1.58 9.54 3.00
2017-12-31 25.00 -1.75 9.12 2.69
2017-09-30 20.31 -0.88 8.59 2.50
2017-06-30 17.71 -1.56 6.92 2.46
2017-03-31 18.62 -0.75 6.39 2.42
2016-12-31 16.48 -1.71 5.94 2.41
2016-09-30 16.36 -1.28 5.74 2.39
2016-06-30 15.87 8.19 5.53 2.25
2016-03-31 14.34 7.85 5.31 2.14
2015-12-31 15.22 8.80 5.34 2.11
2015-09-30 16.78 9.69 5.28 2.03
2015-06-30 19.75 1.46 6.57 2.45
2015-03-31 24.25 3.47 7.77 2.55
2014-12-31 25.15 3.70 7.94 2.56
2014-09-30 24.59 3.33 7.96 2.48
2014-06-30 25.97 5.53 6.83 2.05
2014-03-31 20.13 2.48 5.95 1.85
2013-12-31 17.93 1.49 5.69 1.73
2013-09-30 17.09 1.26 5.44 1.76
2013-06-30 13.95 -0.43 5.32 1.71
2013-03-31 14.95 0.88 4.83 1.70
2012-12-31 14.16 1.05 4.66 1.66
2012-09-30 14.79 1.46 4.54 1.62
2012-06-30 15.59 0.59 5.27 2.13
2012-03-31 14.81 -0.29 5.27 2.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if LRAD has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LRAD has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LRAD improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess LRAD's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LRAD has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is LRAD's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LRAD's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LRAD is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LRAD's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LRAD's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 78.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LRAD Company Filings, last reported 2 months ago.

NasdaqCM:LRAD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 33.00 0.34 8.20
2018-09-30 33.49 0.35 14.66
2018-06-30 34.62 0.74 15.69
2018-03-31 34.42 1.17 16.80
2017-12-31 33.79 0.00 18.72
2017-09-30 35.18 0.00 17.12
2017-06-30 34.47 0.00 17.99
2017-03-31 34.70 0.00 18.03
2016-12-31 34.22 0.00 18.07
2016-09-30 34.57 0.00 16.40
2016-06-30 34.93 0.00 17.88
2016-03-31 34.83 0.00 17.61
2015-12-31 35.75 0.00 18.22
2015-09-30 37.95 0.00 19.57
2015-06-30 29.43 0.00 19.73
2015-03-31 29.76 0.00 20.89
2014-12-31 29.34 0.00 20.72
2014-09-30 28.70 0.00 23.89
2014-06-30 27.57 0.00 21.20
2014-03-31 25.70 0.00 18.53
2013-12-31 25.14 0.00 18.09
2013-09-30 24.76 0.00 15.81
2013-06-30 21.44 0.00 15.06
2013-03-31 22.27 0.00 15.78
2012-12-31 22.55 0.00 16.14
2012-09-30 22.42 0.00 13.86
2012-06-30 20.97 0.00 14.36
2012-03-31 20.57 0.00 13.88
  • LRAD's level of debt (1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • LRAD is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess LRAD's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LRAD has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from LRAD dividends.
If you bought $2,000 of LRAD shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate LRAD's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LRAD's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:LRAD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:LRAD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-09-30
2019-09-30
NasdaqCM:LRAD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-05-18 0.000 0.000
2018-05-15 0.000 0.000
2018-02-09 0.000 0.000
2018-02-08 0.000 0.000
2017-12-13 0.000 0.000
2017-08-09 0.000 0.000
2017-05-03 0.000 0.000
2017-02-08 0.000 0.000
2016-12-07 0.000 0.000
2016-08-02 0.040 2.211
2016-05-10 0.040 2.199
2016-02-04 0.040 2.351
2015-12-03 0.040 2.298

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as LRAD has not reported any payouts.
  • Unable to verify if LRAD's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LRAD's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LRAD has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess LRAD's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LRAD afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LRAD has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of LRAD's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Danforth
COMPENSATION $587,500
AGE 58
TENURE AS CEO 2.6 years
CEO Bio

Mr. Richard S. Danforth has been the Chief Executive Officer at LRAD Corporation since August 1, 2016. Mr. Danforth founded RsD Aero, Ltd. in October 2013. He served as the Group President of DRS Integrated Defense Systems and Services Group from 2013 to 2014. Mr. Danforth held increasingly responsible senior management positions at the Raytheon Aircraft Company including oversight of manufacturing operations for Raytheon Electronics Systems and the Raytheon Equipment Division. Mr. Danforth served as the President and Chief Executive Officer of DRS Defense Solutions Group at DRS Signal Solutions, Inc. from 2008 to 2012 and its President of Control & Communication from 2005 to 2008. He served as President, Chief Executive Officer and Director of DRS Defense Solutions, Inc. from 2008 to 2012. He is a senior company executive with more than 20 years’ experience in the aerospace and defense industry. He served as President of Navy Electronics & Intelligence Systems at DRS Technologies, Inc. from 2004 to 2005. From 2005 to 2007, he served as President of DRS Technologies’ C3 business unit. He served as an Executive Vice President of the Electronics Systems Group between 2002 and 2004. Mr. Danforth served as Senior Vice President of the Commercial Aircraft Business for Raytheon Company from 2000 to 2001. He held senior management positions including oversight of manufacturing operations for Raytheon Electronics Systems and the Raytheon Equipment Division. Mr. Danforth served as the Director at LRAD Corporation since March 14, 2017 until March 12, 2019. Mr. Danforth earned a Bachelor of Science degree in Industrial Engineering from the University of Massachusetts and a Master of Engineering Management degree from Western New England College.

CEO Compensation
  • Richard's compensation has increased whilst company is loss making.
  • Richard's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the LRAD management team in years:

3.1
Average Tenure
60
Average Age
  • The tenure for the LRAD management team is about average.
Management Team

Richard Danforth

TITLE
CEO & Director
COMPENSATION
$588K
AGE
58
TENURE
2.6 yrs

Dennis Klahn

TITLE
CFO & Secretary
COMPENSATION
$298K
AGE
60
TENURE
1.6 yrs

E. Harvey

TITLE
Director of Investor Relations & Capital Markets
TENURE
5.4 yrs

Karen Bowling

TITLE
VP & Director of Marketing
AGE
63
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure and age of the LRAD board of directors in years:

3.5
Average Tenure
58.5
Average Age
  • The tenure for the LRAD board of directors is about average.
Board of Directors

John Coburn

TITLE
Non-Executive Chairman
COMPENSATION
$81K
AGE
76
TENURE
4 yrs

Richard Danforth

TITLE
CEO & Director
COMPENSATION
$588K
AGE
58
TENURE
2 yrs

Laura Clague

TITLE
Independent Director
COMPENSATION
$81K
AGE
59
TENURE
12.1 yrs

Richard Osgood

TITLE
Director
COMPENSATION
$81K
AGE
64
TENURE
5.7 yrs

Scott Anchin

TITLE
Director
COMPENSATION
$81K
AGE
44
TENURE
3 yrs

Dan McCollum

TITLE
Director
COMPENSATION
$81K
AGE
43
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Jun 18 Buy AWM Investment Company Inc. Company 20. Jun 18 20. Jun 18 407,200 $2.47 $1,005,784
19. Jun 18 Buy AWM Investment Company Inc. Company 15. Jun 18 15. Jun 18 564,549 $2.20 $1,242,008
08. Jun 18 Sell AWM Investment Company Inc. Company 07. Jun 18 07. Jun 18 -10,800 $2.00 $-21,600
X
Management checks
We assess LRAD's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LRAD has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholders Own LRAD Corporation (NASDAQ:LRAD)?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … LRAD is a smaller company with a market capitalization of US$90m, so it may still be flying under the radar of many institutional investors. … institutions own shares in the company.

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Does LRAD Corporation's (NASDAQ:LRAD) CEO Pay Reflect Performance?

In 2016 Richard Danforth was appointed CEO of LRAD Corporation (NASDAQ:LRAD). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Richard Danforth's Compensation Compare With Similar Sized Companies?

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Why LRAD Corporation’s (NASDAQ:LRAD) Return On Capital Employed Looks Uninspiring

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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What Type Of Shareholder Owns LRAD Corporation's (NASDAQ:LRAD)?

The big shareholder groups in LRAD Corporation (NASDAQ:LRAD) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We can zoom in on the different ownership groups, to learn more about LRAD

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Does LRAD Corporation (NASDAQ:LRAD)'s Capital Return Make The Cut?

You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in LRAD, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Calculating Return On Capital Employed for LRAD

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At US$02.31, Is It Time To Buy LRAD Corporation (NASDAQ:LRAD)?

As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on LRAD’s outlook and valuation to see if the opportunity still exists

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Have Investors Priced In LRAD Corporation's (NASDAQ:LRAD) Growth?

I find that LRAD’s ratio of 2.23x is trading slightly below its industry peers’ ratio of 2.29x, which means if you buy LRAD today, you’d be paying a relatively reasonable price for it. … It seems like the market has already priced in LRAD’s growth outlook, with shares trading around its fair value. … If you’ve been keeping an eye on LRAD, now may not be the most advantageous time to buy, given it is trading around its fair value.

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Should You Buy LRAD Corporation (NASDAQ:LRAD) At $2.38?

I find that LRAD’s ratio of 2.18x is trading slightly below its industry peers’ ratio of 2.18x, which means if you buy LRAD today, you’d be paying a relatively reasonable price for it. … Furthermore, it seems like LRAD’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued. … LRAD’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

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With -119.3% Earnings Drop Lately, Did LRAD Corporation (LRAD) Underperform Its Industry?

View our latest analysis for LRAD Was LRAD's recent earnings decline indicative of a tough track record? … I look at the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … LRAD's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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Is LRAD Corporation's (LRAD) Liquidity As Good As Its Solvency?

The direct benefit for LRAD Corporation (NASDAQ:LRAD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Check out our latest analysis for LRAD Is LRAD right in choosing financial flexibility over lower cost of capital? … Shareholders should understand why the company isn't opting for cheaper cost of capital to fund future growth, and whether the company needs financial flexibility at this point in time.

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Company Info

Description

LRAD Corporation designs, develops, and commercializes directed and multidirectional sound technologies in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers voice broadcast products; and location-based mass messaging solutions for emergency warning and workforce management. The company also provides acoustic hailing devices that is used to broadcast project audible voice and tone; and Genasys mass notification that is used to broadcast project audible voice. It sells its products directly to governments, militaries, end-users, and defense-related companies. The company was formerly known as American Technology Corporation and changed its name to LRAD Corporation in March 2010. LRAD Corporation was founded in 1980 and is headquartered in San Diego, California.

Details
Name: LRAD Corporation
LRAD
Exchange: NasdaqCM
Founded: 1980
$92,953,129
32,615,133
Website: http://www.lradx.com
Address: LRAD Corporation
16262 West Bernardo Drive,
San Diego,
California, 92127,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM LRAD Common Stock Nasdaq Capital Market US USD 02. Oct 1990
Number of employees
Current staff
Staff numbers
75
LRAD employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:32
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/02/19
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.