ECOR - ElectroCore Inc Stock Price, Fair Value and News

5.91USD+0.26 (+4.60%)Market Closed

Market Summary

USD5.91+0.26

Market Closed

4.60%

ECOR Stock Price

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ECOR RSI Chart

ECOR Valuation

Market Cap

35.5M

Price/Earnings (Trailing)

-1.88

Price/Sales (Trailing)

2.21

EV/EBITDA

-1.39

Price/Free Cashflow

-2.39

ECOR Price/Sales (Trailing)

ECOR Profitability

EBT Margin

-118.65%

Return on Equity

-253.08%

Return on Assets

-116.97%

Free Cashflow Yield

-41.93%

ECOR Fundamentals

ECOR Revenue

Revenue (TTM)

16.0M

Rev. Growth (Yr)

102.77%

Rev. Growth (Qtr)

15.15%

ECOR Earnings

Earnings (TTM)

-18.8M

Earnings Growth (Yr)

30.36%

Breaking Down ECOR Revenue

Last 7 days

4.6%

Last 30 days

0.7%

Last 90 days

-20.6%

Trailing 12 Months

-5.3%

How does ECOR drawdown profile look like?

ECOR Financial Health

Current Ratio

1.76

ECOR Investor Care

Shares Dilution (1Y)

26.57%

Diluted EPS (TTM)

-3.46

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	9.5M	10.9M	13.4M	16.0M
2022	6.1M	7.0M	7.5M	8.6M
2021	4.0M	4.5M	4.9M	5.5M
2020	2.7M	2.8M	3.2M	3.5M
2019	1.3M	1.6M	2.1M	2.4M
2018	322.5K	546.0K	769.5K	993.0K
2017	0	0	0	99.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of ElectroCore Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 16, 2024	goldberger daniel s	acquired	-	-	75,000	chief executive officer
Jan 12, 2024	posner brian m	bought	-	-	16,000	chief financial officer
Jan 01, 2024	theofilos charles steve	acquired	-	-	25,210	-
Sep 15, 2023	goldberger daniel s	bought	8,332	5.555	1,500	chief executive officer
Aug 04, 2023	gandolfo john p	acquired	-	-	21,739	-
Aug 04, 2023	patton thomas m	acquired	-	-	21,739	-
Aug 04, 2023	errico thomas j.	acquired	-	-	21,739	-
Aug 04, 2023	goldberger daniel s	bought	-	-	50,000	chief executive officer
Aug 02, 2023	errico thomas j.	acquired	198,390	4.35	45,607	-
Aug 02, 2023	cuneo f peter	acquired	24,642	4.35	5,665	-

Which funds bought or sold ECOR recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	PFG Investments, LLC	new	-	111,060	111,060	0.01%
Apr 11, 2024	INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	added	49.77	113,785	324,482	0.03%
Mar 11, 2024	VANGUARD GROUP INC	added	4.03	18,055	918,533	-%
Mar 04, 2024	TUCKER ASSET MANAGEMENT LLC	reduced	-90.23	-730	77.00	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	-3,660	75,687	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	809	809	-%
Feb 14, 2024	TOBIAS FINANCIAL ADVISORS, INC.	reduced	-1.96	-2,395	59,519	0.01%
Feb 14, 2024	Squarepoint Ops LLC	new	-	58,213	58,213	-%
Feb 14, 2024	AWM Investment Company, Inc.	unchanged	-	-154,101	3,186,610	0.42%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-7.25	-11,264	86,445	-%

Are Funds Buying or Selling ECOR?

Are funds buying ECOR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ECOR

No. of Funds

Unveiling ElectroCore Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	awm investment company, inc.	9.99%	550,364	SC 13G/A
Dec 18, 2023	theofilos charles steve	6.9%	412,410	SC 13D
Dec 07, 2023	theofilos charles steve	6.9%	412,410	SC 13G
Feb 14, 2023	awm investment company, inc.	8.3%	5,883,822	SC 13G/A
Feb 14, 2022	altium capital management lp	0%	0	SC 13G/A
Feb 11, 2022	awm investment company, inc.	6.6%	4,655,747	SC 13G
Jul 12, 2021	altium capital management lp	7.5%	5e+06	SC 13G
Oct 29, 2020	newcomer kyle l.	9.0%	4,015,000	SC 13G
Nov 25, 2019	core ventures ii, llc	3.09%	3	SC 13G/A
Nov 21, 2019	errico joseph p	13.31%	3,970,189	SC 13G/A

Recent SEC filings of ElectroCore Inc

View All Filings

Date Filed	Form Type	Document
Mar 14, 2024	S-8	Employee Benefits Plan
Mar 13, 2024	8-K	Current Report
Mar 13, 2024	10-K	Annual Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Jan 18, 2024	4	Insider Trading

Peers (Alternatives to ElectroCore Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ABT	186.5B	40.1B	-5.27%	-1.83%	32.59	4.65	-8.12%	-17.45%
BDX	66.9B	19.5B	-6.10%	-12.08%	53.25	3.43	4.02%	-22.04%
ALGN	23.2B	3.9B	-5.77%	-2.75%	52.14	6.01	3.42%	23.09%
BAX	20.4B	14.8B	-6.00%	-14.25%	7.67	1.38	2.12%	209.17%
MID-CAP
ATR	9.5B	3.5B	-0.91%	22.96%	30.27	2.67	6.16%	35.06%
HSIC	9.4B	12.3B	-2.70%	-9.94%	22.59	0.76	-2.44%	-22.68%
BIO	8.1B	2.7B	-21.14%	-36.84%	-12.64	3.01	-4.68%	82.43%
XRAY	6.3B	4.0B	-8.20%	-26.06%	-47.15	1.6	1.10%	85.84%
AXNX	3.4B	366.4M	-3.27%	17.57%	-560.12	9.28	33.86%	89.83%
PDCO	2.3B	6.6B	-7.27%	-4.94%	11.93	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	-12.41%	-15.32%	-1.95	0.41	7.73%	-1066.14%
ANIK	379.4M	166.7M	0.04%	-0.97%	-4.59	2.28	6.67%	-456.34%
ANGO	232.3M	324.0M	1.75%	-30.04%	-1.21	0.72	-3.19%	-337.41%
APYX	49.9M	52.3M	2.13%	-52.32%	-2.67	0.95	17.61%	19.28%
AEMD	3.6M	3.7M	-20.47%	240.00%	-0.29	0.95	5.77%	8.23%

ElectroCore Inc News

Latest updates

ElectroCore Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	15.2%	5,191,000	4,508,000	3,551,000	2,780,000	2,560,000	1,976,000	2,157,000	1,899,000	1,491,000	1,487,000	1,269,000	1,204,000	928,265	1,080,841	752,955	733,771	674,942	682,993	622,743	409,601	367,568
Gross Profit	6.3%	4,091,000	3,847,000	2,966,000	2,322,000	1,920,000	1,718,000	1,799,000	1,539,000	1,199,000	1,132,000	895,000	840,000	109,331	733,337	479,969	435,656	284,157	329,054	368,303	251,810	175,328
Operating Expenses	1.0%	8,049,000	7,973,000	7,954,000	8,519,000	7,837,000	7,274,000	7,619,000	7,120,000	6,671,000	5,117,000	6,097,000	6,224,000	6,432,561	5,221,938	6,403,465	8,448,840	8,888,768	11,222,854	12,748,155	14,462,822	15,857,000
S&GA Expenses	3.2%	6,941,000	6,724,000	6,799,000	6,710,000	6,209,000	5,657,000	6,278,000	6,186,000	5,929,000	4,647,000	5,272,000	5,725,000	5,413,928	4,592,936	5,273,329	6,560,726	7,077,355	8,143,356	9,387,934	11,002,999	12,397,011
R&D Expenses	-11.3%	1,108,000	1,249,000	1,155,000	1,809,000	1,628,000	1,617,000	1,341,000	934,000	742,000	470,000	825,000	499,000	1,018,633	629,002	1,030,530	1,523,114	1,639,985	2,274,855	2,510,429	3,459,823	3,459,513
EBITDA Margin	24.2%	-1.13	-1.49	-1.97	-2.38	-2.57	-2.82	-2.82	-2.91	-3.24	-3.90	-4.36	-5.47	-	-	-	-	-	-	-	-	-
Interest Expenses	25.0%	5,000	4,000	2,000	2,000	-	2,000	2,000	2,000	5,000	-	-	4,000	3,529	3,569	1,174	4,623	-	-	-	-	-
Income Taxes	-	25,000	-	-	-211,000	14,000	-	-445,000	-	26,000	8,000	-885,000	-	-	-	-1,170,890	-	17,699	-	-	-	-
Earnings Before Taxes	0.6%	-4,007,000	-4,032,000	-4,903,000	-6,078,000	-5,776,000	-5,453,000	-5,782,000	-5,582,000	-4,921,000	-3,985,000	-3,779,000	-5,384,000	-6,323,769	-4,486,404	-5,912,418	-7,959,349	-8,480,390	-10,687,743	-12,100,520	-13,861,530	-15,335,883
EBT Margin	23.5%	-1.19	-1.55	-2.04	-2.44	-2.63	-2.89	-2.88	-2.97	-3.31	-3.98	-4.46	-5.57	-	-	-	-	-	-	-	-	-
Net Income	0%	-4,032,000	-4,032,000	-4,903,000	-5,867,000	-5,790,000	-5,453,000	-5,337,000	-5,582,000	-4,947,000	-3,993,000	-2,894,000	-5,384,000	-6,323,769	-4,486,404	-4,741,528	-7,959,349	-8,498,089	-10,687,743	-12,100,520	-13,861,530	-15,335,000
Net Income Margin	23.5%	-1.17	-1.54	-2.03	-2.37	-2.58	-2.83	-2.82	-2.83	-3.16	-3.80	-4.26	-5.28	-	-	-	-	-	-	-	-	-
Free Cashflow	-29.3%	-3,164,000	-2,447,000	-3,309,434	-5,857,434	-4,011,434	-4,604,434	-3,241,434	-4,777,434	-4,351,434	-3,444,434	-1,667,434	-4,153,434	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-19.9%	16,102	20,108	14,222	18,300	24,756	29,491	33,481	37,181	42,833	47,571	31,297	33,750	31,518	37,075	28,659	26,364	35,462	44,090	50,549	62,500	73,504
Current Assets	-19.9%	14,294	17,839	11,404	15,374	21,173	25,308	29,124	32,494	37,541	41,885	25,410	27,593	25,064	28,601	19,921	17,396	26,533	38,950	47,174	57,239	72,699
Cash Equivalents	-23.2%	10,331	13,460	8,442	11,908	17,712	21,645	26,330	29,882	34,689	37,995	14,699	9,064	4,242	3,832	14,863	15,620	13,564	6,549	8,732	6,954	7,600
Inventory	-13.4%	2,160	2,495	2,368	2,478	1,982	1,974	1,739	1,577	1,361	1,082	1,078	945	876	793	761	664	891	3,111	4,999	3,589	1,949
Net PPE	14.6%	204	178	114	34.00	50.00	77.00	99.00	122	147	171	196	220	244	268	291	317	345	371	399	392	381
Liabilities	-4.5%	8,660	9,068	7,158	6,453	7,670	7,287	6,308	5,365	6,185	6,454	6,681	7,083	7,874	8,179	7,116	8,630	10,565	11,796	8,793	9,331	7,319
Current Liabilities	-4.5%	8,123	8,508	6,575	5,848	7,045	6,642	5,644	4,683	5,485	5,739	5,757	5,345	5,890	5,812	5,076	7,348	9,145	10,246	7,114	5,330	7,073
Shareholder's Equity	-32.6%	7,442	11,040	7,064	11,847	17,086	22,204	27,173	31,816	36,648	41,116	24,616	26,667	23,644	28,896	21,543	17,734	24,897	32,295	41,756	53,169	66,186
Retained Earnings	-2.5%	-165,204	-161,172	-157,140	-152,237	-146,370	-140,580	-135,127	-129,790	-124,208	-119,261	-115,267	-112,373	-106,990	-100,666	-96,179	-91,438	-83,479	-74,981	-64,293	-52,192	-38,331
Additional Paid-In Capital	0.2%	172,704	172,304	164,275	164,092	163,520	162,867	162,301	161,549	160,838	159,796	139,302	138,465	130,205	129,072	117,155	108,496	107,752	106,498	105,278	104,552	103,791
Shares Outstanding	0.1%	6,003	5,999	4,752	4,746	4,745	4,544	4,448	4,652	4,714	4,696	3,246	3,233	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	636	636	636	636	636	636	636	636	636	636	636	636
Float	-	-	-	22,358	-	-	-	33,125	-	-	-	51,985	-	-	-	27,866	-	-	-	45,502	-	-

Cashflow (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-31.6%	-3,123	-2,373	-3,312	-5,860	-4,014	-4,607	-3,244	-4,780	-4,354	-3,447	-1,670	-4,156	-3,581	-3,958	-4,020	-8,490	-9,113	-8,237	-11,316	-16,400	-12,177
Share Based Compensation	-26.3%	400	543	183	572	587	566	752	777	761	761	838	942	776	743	1,003	745	1,205	1,220	727	744	1,141
Cashflow From Investing	44.6%	-41.00	-74.00	-	-	-	-	-	-	1,000	8,000	7,300	1,917	3,703	-18,167	-3,998	10,500	16,494	5,575	13,150	15,753	-6,469
Cashflow From Financing	-	-	-	-	-	-	-	-	-	-3.00	18,765	-	6,920	350	11,180	7,482	-111	-300	-	-	-	-45.00

ECOR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 16,030	$ 8,592
Cost of goods sold	2,804	1,616
Gross profit	13,226	6,976
Operating expenses:
Research and development	5,321	5,520
Selling, general and administrative	27,174	24,330
Total operating expenses	32,495	29,850
Loss from operations	(19,269)	(22,874)
Other (income) expense:
Interest and other income	(433)	(287)
Other expense	184	6
Total other income	(249)	(281)
Loss before income taxes	(19,020)	(22,593)
Benefit from income taxes	186	431
Net loss	(18,834)	(22,162)
Preferred stock dividend
Net loss available for common shareholders	$ (18,834)	$ (22,162)
Net loss per share of common stock - Basic (in dollars per share)	$ (3.42)	$ (4.69)
Net loss per share of common stock - Diluted (in dollars per share)	$ (3.42)	$ (4.69)
Weighted average common shares outstanding - Basic (in shares)	5,515	4,729
Weighted average common shares outstanding - Diluted (in shares)	5,515	4,729

ECOR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 10,331	$ 17,712
Restricted cash	250	250
Accounts receivable, net	717	401
Inventories, net	2,160	1,982
Prepaid expenses and other current assets	836	828
Total current assets	14,294	21,173
Inventories, noncurrent	607	2,194
Property and equipment, net	204	50
Operating lease right of use assets, net	502	565
Other assets, net	495	774
Total assets	16,102	24,756
Current liabilities:
Accounts payable	2,163	2,129
Accrued expenses and other current liabilities	5,871	4,842
Current portion of operating lease liabilities	89	74
Total current liabilities	8,123	7,045
Noncurrent liabilities:
Operating lease liabilities, noncurrent	537	625
Total liabilities	8,660	7,670
Commitments and contingencies (see Note 12)
Mezzanine equity:
Preferred Stock, par value $0.001 per share; 10,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 0 shares issued and outstanding at December 31, 2023 and 71,173 shares issued and outstanding at December 31, 2022
Stockholders' equity:
Common Stock, par value $0.001 per share; 500,000,000 shares authorized as of both December 31, 2023 and 2022; 6,002,628 shares issued and outstanding at December 31, 2023, and 4,744,886 shares issued and outstanding at December 31, 2022	6	5
Additional paid-in capital	172,704	163,520
Accumulated deficit	(165,204)	(146,370)
Accumulated other comprehensive loss	(64)	(69)
Total equity	7,442	17,086
Total liabilities and equity	$ 16,102	$ 24,756

About ElectroCore Inc

electroCore, Inc., a commercial-stage bioelectronic medicine and wellness company, engages in the development and commercialization of a range of non-invasive vagus nerve stimulation (nVNS) therapies. The company is developing gammaCore, a prescription-only nVNS therapy for the acute treatment of pain associated with migraine and episodic cluster headache in adults; Truvaga for the support of general health and wellbeing; and TAC-STIM, a form of nVNS for human performance. Its lead product is gammaCore Sapphire, a rechargeable and reloadable handheld device for regular or intermittent use over many years. The company was incorporated in 2005 and is headquartered in Rockaway, New Jersey.

CEO	Mr. Daniel S. Goldberger
WEBSITE	electrocore.com
INDUSTRY	Medical Instruments & Supplies
EMPLOYEES	62

ElectroCore Inc Frequently Asked Questions

What is the ticker symbol for ElectroCore Inc? What does ECOR stand for in stocks?

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

What is the market capital of ElectroCore Inc (ECOR)?

As of Fri Apr 26 2024, market cap of ElectroCore Inc is 35.48 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ECOR stock?

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

What is the fair value of ECOR stock?

You can check ECOR's fair value in chart for subscribers. The fair value of ElectroCore 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 ElectroCore 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 ECOR 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 ElectroCore Inc a good stock to buy?

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

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

As of Fri Apr 26 2024, ECOR's PE ratio (Price to Earnings) is -1.88 and Price to Sales (PS) ratio is 2.21. 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. ECOR PE ratio will change depending on the future growth rate expectations of investors.