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ARAY

ARAY - Accuray Inc Stock Price, Fair Value and News

1.74USD-0.13 (-6.95%)Market Closed

Market Summary

ARAY
USD1.74-0.13
Market Closed
-6.95%

ARAY Alerts

  • 1 major insider buys recently.

ARAY Stock Price

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ARAY RSI Chart

ARAY Valuation

Market Cap

172.7M

Price/Earnings (Trailing)

-8.04

Price/Sales (Trailing)

0.4

EV/EBITDA

-649.14

Price/Free Cashflow

-7.17

ARAY Price/Sales (Trailing)

ARAY Profitability

Operating Margin

33.01%

EBT Margin

-4.10%

Return on Equity

-52.31%

Return on Assets

-4.65%

Free Cashflow Yield

-13.94%

ARAY Fundamentals

ARAY Revenue

Revenue (TTM)

430.6M

Rev. Growth (Yr)

-14.34%

Rev. Growth (Qtr)

-5.69%

ARAY Earnings

Earnings (TTM)

-21.5M

Earnings Growth (Yr)

-1.2K%

Earnings Growth (Qtr)

34.08%

Breaking Down ARAY Revenue

Last 7 days

-2.2%

Last 30 days

6.8%

Last 90 days

-33.1%

Trailing 12 Months

-55.0%

How does ARAY drawdown profile look like?

ARAY Financial Health

Current Ratio

1.58

Debt/Equity

4.05

Debt/Cashflow

-0.08

ARAY Investor Care

Shares Dilution (1Y)

3.65%

Diluted EPS (TTM)

-0.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024430.6M000
2023439.3M447.6M455.0M447.5M
2022430.8M429.9M419.0M417.4M
2021380.3M396.3M418.4M437.2M
2020405.4M382.9M378.7M377.3M
2019415.3M418.8M413.9M409.0M
2018403.2M404.9M408.4M411.8M
2017366.3M383.4M387.9M400.7M
2016405.6M398.8M395.7M374.3M
2015380.1M379.8M387.1M397.8M
2014352.3M369.4M375.2M379.7M
2013331.6M316.0M309.9M325.7M
2012383.9M409.2M391.5M362.9M
2011222.1M222.3M284.7M336.8M
20100221.6M221.8M222.0M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
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Tracking the Latest Insider Buys and Sells of Accuray Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 04, 2024
pervaiz ali
sold
-4,597
1.702
-2,701
svp chief financial officer
May 29, 2024
whitters joseph e
bought
79,000
1.58
50,000
-
May 28, 2024
whitters joseph e
bought
77,045
1.5409
50,000
-
Mar 01, 2024
hoge michael
sold
-31,056
2.59
-11,991
senior vp global operations
Jan 03, 2024
pervaiz ali
sold
-5,800
2.7411
-2,116
svp chief financial officer
Jan 03, 2024
corradetti gina
sold
-38,729
2.7411
-14,129
vp, cao and controller
Dec 01, 2023
hoge michael
sold
-47,482
2.4715
-19,212
senior vp global operations
Dec 01, 2023
chalke sandeep
sold
-36,041
2.4711
-14,585
svp, chief commercial officer
Dec 01, 2023
winter suzanne c
sold
-161,624
2.4717
-65,390
president
Dec 01, 2023
pervaiz ali
sold
-33,271
2.4713
-13,463
svp chief financial officer

1–10 of 50

Which funds bought or sold ARAY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
WFA Asset Management Corp
unchanged
-
-65.00
448
-%
May 22, 2024
Livelsberger Financial Advisory
sold off
-100
-23.00
-
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-3,024
20,748
0.01%
May 20, 2024
Virtu Financial LLC
sold off
-100
-67,000
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.91
-20,514
23,433
-%
May 16, 2024
COMERICA BANK
added
5.27
-276
3,109
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-30.41
-49,637
76,785
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
7.68
-7,873
123,026
-%
May 15, 2024
PRELUDE CAPITAL MANAGEMENT, LLC
sold off
-100
-55,394
-
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
reduced
-15.45
-115,188
324,311
0.01%

1–10 of 44

Are Funds Buying or Selling ARAY?

Are funds buying ARAY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ARAY
No. of Funds

Unveiling Accuray Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
archon capital management llc
6.71%
6,512,479
SC 13G/A
Feb 13, 2024
vanguard group inc
5.43%
5,269,207
SC 13G
Feb 12, 2024
neuberger berman group llc
5.66%
5,495,414
SC 13G/A
Jan 25, 2024
blackrock inc.
8.5%
8,295,754
SC 13G
Feb 13, 2023
archon capital management llc
6.51%
6,104,738
SC 13G
Feb 10, 2023
neuberger berman group llc
5.58%
5,229,865
SC 13G/A
Jul 08, 2022
blackrock inc.
3.8%
3,533,198
SC 13G
Feb 11, 2022
neuberger berman group llc
5.57%
5,061,664
SC 13G/A
Feb 07, 2022
blackrock inc.
8.4%
7,635,957
SC 13G/A
Feb 11, 2021
neuberger berman group llc
5.96%
5,532,870
SC 13G/A

Recent SEC filings of Accuray Inc

View All Filings
Date Filed Form Type Document
Jun 06, 2024
4
Insider Trading
Jun 06, 2024
4
Insider Trading
May 31, 2024
SD
SD
May 30, 2024
4
Insider Trading
May 10, 2024
8-K
Current Report
May 08, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report

Peers (Alternatives to Accuray Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
181.0B
40.3B
-0.10% -2.08%
32.14
4.49
-2.84% -3.00%
67.5B
19.7B
-1.04% -9.58%
50.67
3.43
4.82% -17.56%
18.2B
3.9B
-10.79% -26.67%
39.44
4.66
5.72% 46.72%
17.2B
14.9B
-4.26% -25.60%
6.49
1.15
2.98% 207.68%
MID-CAP
9.7B
3.5B
-0.60% 25.29%
31.07
2.74
6.16% 35.06%
8.7B
12.4B
-8.47% -12.48%
22.53
0.7
-0.93% -18.83%
8.2B
2.6B
-1.69% -23.28%
-25.56
3.16
-6.25% -68.58%
5.3B
3.9B
-9.26% -35.41%
-55.79
1.35
0.23% 90.80%
3.4B
387.1M
-0.06% 30.91%
-216.17
8.9
30.82% 65.57%
2.2B
6.6B
-1.48% -10.95%
12.01
0.34
1.50% -10.29%
SMALL-CAP
1.5B
3.2B
12.63% 11.29%
-2.15
0.46
7.94% -1695.32%
384.5M
169.3M
2.09% -2.41%
-5
2.27
7.49% -244.90%
226.3M
324.0M
-6.46% -49.01%
-1.18
0.7
-3.19% -337.41%
47.1M
50.5M
-15.62% -80.60%
-2.07
0.93
14.25% -10.06%
1.8M
3.7M
70.00% -81.62%
-0.15
0.48
5.77% 8.23%

Accuray Inc News

Latest updates
The Globe and Mail11 Jun 202412:00 pm

Accuray Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.7%101,132107,238103,892118,292118,060114,76096,493110,02396,169116,275107,442110,936102,56297,45985,33294,97799,54898,82689,577117,417103,221
Cost Of Revenue1.0%72,05871,33664,39980,61479,34271,79361,89667,00361,38573,64867,91867,20563,02056,62849,92955,23260,41560,92656,63471,49162,755
Gross Profit-19.0%29,07435,90239,49337,67838,71842,96734,59743,02034,78442,62739,52443,73139,54240,83135,40339,74539,13337,90032,94345,92640,466
Operating Expenses-15.6%33,63639,86637,28038,13536,40240,26236,77940,97235,07638,64637,11339,58935,11632,63229,93534,51831,16434,27737,22342,66837,585
  S&GA Expenses-9.2%10,31811,36110,24410,66711,13013,58610,79514,36210,79813,23311,27113,00710,56710,3488,89811,55511,10611,32713,26614,92012,903
  R&D Expenses-28.6%10,90915,28114,01314,18714,20914,64114,09214,56914,10414,69714,38215,35713,26811,95612,14812,21511,16413,06413,34116,05112,913
EBITDA Margin-107.5%0.00*0.01*0.03*0.02*0.02*0.01*0.02*0.03*0.03*0.03*0.04*0.05*---------
Interest Expenses-1.3%2,8842,9222,9223,0022,7242,6442,2622,0331,9812,0762,039----------
Income Taxes-49.4%4448781,9325805221,0493412,027407480431400721287344262285679637864236
Earnings Before Taxes32.5%-5,898-8,743-1,037-1,9761,121-825-5,108-1,425-639659-597-10,6923315,0567461102,91011,389-8,719-536-948
EBT Margin-72.5%-0.04*-0.02*-0.01*-0.02*-0.01*-0.02*-0.02*0.00*-0.03*-0.02*-0.01*-0.01*---------
Net Income34.1%-6,342-9,621-2,969-2,556599-1,874-5,449-3,452-1,046179-1,028-11,092-3904,769402-1522,62510,710-9,356-1,400-1,184
Net Income Margin-53.5%-0.05*-0.03*-0.01*-0.02*-0.02*-0.03*-0.02*-0.01*-0.03*-0.03*-0.02*-0.02*---------
Free Cashflow-40.3%-8,897-6,342-9,68384622,820-19,515-1,226-6,040-22,82931,808-10,0565,302---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.9%463476477479476469466473469476476480487478465491490479464438406
  Current Assets-5.2%314331334338343337335351347351351353359345332357352339341344310
    Cash Equivalents-16.9%60.0073.0077.0089.0091.0069.0082.0090.0099.0012510611813111797.0011093.0010088.0088.0065.00
  Inventory2.8%160155150145151156153142138124126126137139141134136131129121124
  Net PPE-2.1%25.0026.0025.0021.0012.0011.0011.0013.0012.0012.0012.0012.0012.0014.0015.0015.0016.0017.0017.0017.0020.00
  Goodwill-0.2%58.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.00
Liabilities-1.7%421429426426421417419420418425430411408400397427430423423388358
  Current Liabilities-5.2%198209201199192185193209201204188192193179169182180178176192181
  Short Term Borrowings7.6%7.007.006.006.006.006.006.009.008.008.004.004.0019.0013.006.00------
  Long Term Debt-1.1%166168170172173174171172173174194170164168174189191184188160146
    LT Debt, Current-7.00--6.00-----------------
    LT Debt, Non Current-1.1%166168170172173174171172173174194170164168174189191184188160146
Shareholder's Equity-13.8%41.0048.0051.0054.0055.0052.0047.0053.0052.0051.0046.0069.0079.0078.0067.0064.0060.0056.0041.0050.0048.00
  Retained Earnings-1.2%-521-514-505-502-499-500-497-492-489-488-488-488-476-476-481-481-481-484-494-485-484
  Additional Paid-In Capital0.5%564561558555552550546543539537532555555551548546542540537535531
Shares Outstanding0.1%99.0099.0097.0097.0095.0095.0094.0093.0093.0092.0091.0092.00---------
Float------163,067---365---309---176---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-59.1%-8,102-5,093-8,5918,88124,626-18,01446.00-4,644-21,76732,611-8,6006,19515,90319,284-2,87018,819-12,12116,454-24,6219,086-7,129
  Share Based Compensation18.2%2,7352,3142,3922,4521,5593,1262,9162,6892,7002,6952,5162,2352,4892,3642,2442,2872,0162,1491,7002,8222,880
Cashflow From Investing36.3%-795-1,249-1,092-7,976-1,899-1,534-1,272-1,396-1,062-803-1,456-893-260-677-569-794-401-1,266-1,267-1,075-1,018
Cashflow From Financing-483.7%-1,500-257-1,500-522-1,5004,275-4,365141-1,000-13,510-1,000-19,4121,630136-11,159-1,6305,442-4,56627,45013,7608,812
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ARAY Income Statement

2024-03-31
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Net revenue:    
Total net revenue$ 101,132$ 118,060$ 312,262$ 329,313
Cost of revenue:    
Total cost of revenue[1]72,05879,342207,793213,031
Gross profit29,07438,718104,469116,282
Operating expenses:    
Research and development[2]10,90914,20940,20342,942
Selling and marketing10,31811,13031,92335,511
General and administrative12,40911,06338,65634,990
Total operating expenses33,63636,402110,782113,443
Income (loss) from operations(4,562)2,316(6,313)2,839
Income from equity method investment, net1,0242,0271,028960
Other expense, net(2,360)(3,222)(10,393)(8,611)
Income (loss) before provision for income taxes(5,898)1,121(15,678)(4,812)
Provision for income taxes4445223,2541,912
Net income (loss)$ (6,342)$ 599$ (18,932)$ (6,724)
Net income (loss) per share - basic$ (0.06)$ 0.01$ (0.19)$ (0.07)
Net income (loss) per share - diluted$ (0.06)$ 0.01$ (0.19)$ (0.07)
Weighted average common shares used in computing net income (loss) per share:    
Basic99,19795,52297,83894,532
Diluted99,19797,45597,83894,532
Other comprehensive income (loss):    
Net Income (Loss)$ (6,342)$ 599$ (18,932)$ (6,724)
Foreign currency translation adjustment(2,965)801(2,330)(64)
Comprehensive income (loss)(9,307)1,400(21,262)(6,788)
Products    
Net revenue:    
Total net revenue[3]49,60362,846154,491170,738
Cost of revenue:    
Total cost of revenue35,94543,529105,977111,627
Services    
Net revenue:    
Total net revenue[4]51,52955,214157,771158,575
Cost of revenue:    
Total cost of revenue$ 36,113$ 35,813$ 101,816$ 101,404
[1]Includes cost of revenue from sales to the joint venture, an equity method investment, of $13,887 and $40,260 during the three and nine months ended March 31, 2024 and $13,905 and $29,728 during the three and nine months ended March 31, 2023, respectively.
[2]Includes charge backs to the joint venture, an equity method investment, related to research and development of $199 during the nine months ended March 31, 2024, and $97 and $1,363 during the three and nine months ended March 31, 2023, respectively. There were no charge backs to the joint venture related to research and development during the three months ended March 31, 2024.
[3]Includes sales of products to the joint venture, an equity method investment, of $15,662 and $55,504 during the three and nine months ended March 31, 2024 and $18,118 and $43,702 during the three and nine months ended March 31, 2023, respectively. See Note 13.
[4]Includes sales of services to the joint venture, an equity method investment, of $3,982 and $10,970 during the three and nine months ended March 31, 2024 and $2,696 and $8,147 during the three and nine months ended March 31, 2023, respectively. See Note 13.

ARAY Balance Sheet

2024-03-31
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 60,450$ 89,402
Restricted cash674524
Accounts receivable, net of allowance for credit losses of $2,791 and $3,079 as of March 31, 2024, and June 30, 2023, respectively[1]73,15474,777
Inventories159,566145,150
Prepaid expenses and other current assets[2]19,04327,612
Deferred cost of revenue1,023568
Total current assets313,910338,033
Property and equipment, net25,38720,926
Investment in joint venture13,58615,128
Operating lease right-of-use assets, net29,12725,853
Goodwill57,68257,681
Intangible assets, net70210
Restricted cash1,0301,276
Other assets21,73520,107
Total assets462,527479,214
Current liabilities:  
Accounts payable44,43033,739
Accrued compensation21,60423,793
Operating lease liabilities, current5,2794,151
Other accrued liabilities30,70338,271
Customer advances15,39220,777
Deferred revenue73,73472,185
Short-term debt7,2485,721
Total current liabilities198,390198,637
Long-term liabilities:  
Operating lease liabilities, non-current28,21723,602
Long-term other liabilities4,9694,675
Deferred revenue, non-current23,62427,079
Long-term debt166,246171,562
Total liabilities421,446425,555
Commitments and contingencies (Note 8)
Stockholders' equity:  
Common stock, $0.001 par value; authorized: 200,000,000 shares as of March 31, 2024, and June 30, 2023, respectively; issued and outstanding: 99,244,173 and 96,534,609 shares at March 31, 2024, and June 30, 2023, respectively9997
Additional paid-in-capital563,958555,276
Accumulated other comprehensive income (loss)(1,908)422
Accumulated deficit(521,068)(502,136)
Total stockholders' equity41,08153,659
Total liabilities and stockholders' equity$ 462,527$ 479,214
[1]Includes accounts receivable from the joint venture, an equity method investment, of $17,563 and $10,304 at March 31, 2024, and June 30, 2023, respectively. See Note 13.
[2]Includes other receivables from the joint venture, an equity method investment, of $100 at June 30, 2023. There were no other receivables from the joint venture at March 31, 2024.
ARAY
Accuray Incorporated designs, develops, manufactures, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the United States, Canada, Latin America, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, China, and rest of the Asia Pacific region. It offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of primary and metastatic tumors outside the brain, including tumors on or near the spine and in the breast, kidney, liver, lung, pancreas, and prostate. The company also provides the TomoTherapy System, including the Radixact System, which allows for integrated radiation treatment planning, delivery, and data management, enabling clinicians to deliver ultra-precise treatments to approximately 50 patients per day; iDMS data management system, a fully integrated treatment planning and data management systems; and Accuray precision treatment planning system, a treatment planning and data management systems. In addition, it offers post-contract customer support, installation, training, and other professional services. The company primarily markets its products directly to customers, including hospitals and stand-alone treatment facilities through its sales organization, as well as to customers through sales agents and group purchasing organizations in the United States; and to customers directly and through distributors and sales agents internationally. Accuray Incorporated was incorporated in 1990 and is headquartered in Madison, Wisconsin.
 CEO
 WEBSITEaccuray.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES1024

Accuray Inc Frequently Asked Questions


What is the ticker symbol for Accuray Inc? What does ARAY stand for in stocks?

ARAY is the stock ticker symbol of Accuray Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Accuray Inc (ARAY)?

As of Tue Jun 18 2024, market cap of Accuray Inc is 172.68 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ARAY stock?

You can check ARAY's fair value in chart for subscribers.

What is the fair value of ARAY stock?

You can check ARAY's fair value in chart for subscribers. The fair value of Accuray Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Accuray Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ARAY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Accuray Inc a good stock to buy?

The fair value guage provides a quick view whether ARAY is over valued or under valued. Whether Accuray Inc is cheap or expensive depends on the assumptions which impact Accuray Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ARAY.

What is Accuray Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, ARAY's PE ratio (Price to Earnings) is -8.04 and Price to Sales (PS) ratio is 0.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ARAY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Accuray Inc's stock?

In the past 10 years, Accuray Inc has provided -0.155 (multiply by 100 for percentage) rate of return.