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INSG

INSG - Inseego Corp Stock Price, Fair Value and News

3.23USD+0.18 (+5.90%)Market Closed

Market Summary

INSG
USD3.23+0.18
Market Closed
5.90%

INSG Stock Price

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INSG RSI Chart

INSG Valuation

Market Cap

36.2M

Price/Earnings (Trailing)

-0.78

Price/Sales (Trailing)

0.19

EV/EBITDA

-9.66

Price/Free Cashflow

5.61

INSG Price/Sales (Trailing)

INSG Profitability

Operating Margin

22.81%

EBT Margin

-23.15%

Return on Equity

-5.75%

Return on Assets

-37.92%

Free Cashflow Yield

17.83%

INSG Fundamentals

INSG Revenue

Revenue (TTM)

195.7M

Rev. Growth (Yr)

-19.2%

Rev. Growth (Qtr)

-12%

INSG Earnings

Earnings (TTM)

-46.2M

Earnings Growth (Yr)

1.97%

Earnings Growth (Qtr)

34.24%

Breaking Down INSG Revenue

Last 7 days

35.6%

Last 30 days

2.7%

Last 90 days

25%

Trailing 12 Months

-52.3%

How does INSG drawdown profile look like?

INSG Financial Health

Current Ratio

1.04

Debt/Equity

0.2

Debt/Cashflow

0.04

INSG Investor Care

Shares Dilution (1Y)

9.51%

Diluted EPS (TTM)

-4.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023234.7M226.4M205.8M195.7M
2022266.2M262.3M265.3M245.3M
2021314.6M299.6M275.6M262.4M
2020227.8M252.6M280.1M313.8M
2019204.3M211.1M223.2M219.5M
2018210.6M199.8M193.0M202.5M
2017232.0M229.1M225.7M219.3M
2016234.4M245.5M252.2M243.6M
2015190.5M204.9M214.8M220.9M
2014297.4M243.6M195.2M185.2M
2013330.1M318.7M340.4M335.1M
2012441.2M425.7M383.4M344.3M
2011328.5M374.7M412.3M402.9M
20100337.9M338.4M338.9M
2009000337.4M
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
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Tracking the Latest Insider Buys and Sells of Inseego Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Sep 29, 2023
brace philip g
acquired
-
-
353,659
-
Sep 29, 2023
lytle christopher h.
acquired
-
-
215,517
-
Sep 29, 2023
tuder jeffrey
acquired
-
-
215,517
-
Sep 29, 2023
harland christopher
acquired
-
-
215,517
-
Sep 29, 2023
tavistock financial, llc
acquired
-
-
215,517
-
Sep 29, 2023
bowers stephanie lynne
acquired
-
-
215,517
-
Aug 03, 2022
tuder jeffrey
acquired
-
-
49,801
-
Aug 03, 2022
bowers stephanie lynne
acquired
-
-
49,801
-
Aug 03, 2022
harland christopher
acquired
-
-
49,801
-
Aug 03, 2022
lytle christopher h.
acquired
-
-
89,642
-

1–10 of 50

Which funds bought or sold INSG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Global Retirement Partners, LLC
new
-
28.00
28.00
-%
Apr 23, 2024
Global Retirement Partners, LLC
sold off
-100
-19.00
-
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
sold off
-100
-10,366
-
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
sold off
-100
-10,000
-
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
new
-
12,000
12,000
-%
Apr 16, 2024
Stratos Wealth Partners, LTD.
sold off
-100
-45,712
-
-%
Apr 16, 2024
Stratos Wealth Partners, LTD.
new
-
58,626
58,626
-%
Apr 15, 2024
Sunbelt Securities, Inc.
unchanged
-
1.00
8.00
-%
Apr 12, 2024
ARMSTRONG ADVISORY GROUP, INC
added
900
-
2,198
-%
Apr 12, 2024
NORTHWEST INVESTMENT COUNSELORS, LLC
new
-
34.00
34.00
-%

1–10 of 40

Are Funds Buying or Selling INSG?

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

Unveiling Inseego Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 07, 2023
blackrock inc.
1.1%
1,168,307
SC 13G/A
Feb 01, 2023
blackrock inc.
5.9%
6,355,593
SC 13G/A
Feb 04, 2022
blackrock inc.
5.8%
6,125,749
SC 13G
Sep 24, 2021
golden harbor ltd.
14.0%
14,908,149
SC 13D/A
Mar 02, 2021
north sound trading, lp
4.9%
4,788,213
SC 13D/A
Feb 16, 2021
maguire asset management, llc
4.9%
6,353
SC 13D/A
Feb 12, 2021
maguire asset management, llc
4.9%
6,353
SC 13D/A
Dec 18, 2020
north sound trading, lp
8.7%
9,029,758
SC 13D/A
Dec 16, 2020
golden harbor ltd.
13.7%
13,840,504
SC 13D/A
Aug 10, 2020
maguire asset management, llc
5.4%
0
SC 13D/A

Recent SEC filings of Inseego Corp

View All Filings
Date Filed Form Type Document
Apr 18, 2024
8-K
Current Report
Feb 22, 2024
10-K
Annual Report
Feb 21, 2024
8-K
Current Report
Jan 23, 2024
8-K
Current Report

Peers (Alternatives to Inseego Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.8B
57.2B
-2.97% 1.92%
14.57
3.42
7.66% 18.93%
78.6B
5.9B
-17.99% 60.51%
37.64
13.41
33.75% 54.34%
27.1B
53.1B
-7.92% -6.11%
7.94
0.51
-11.04% 34.01%
21.9B
29.1B
-3.11% 17.36%
10.8
0.75
2.24% 133.29%
12.4B
4.2B
-13.02% 37.67%
25.61
2.93
-11.68% 12.69%
11.6B
5.6B
-3.13% 14.85%
37.24
2.08
4.97% -34.14%
MID-CAP
6.4B
1.9B
-7.00% -56.21%
17.23
3.42
4.69% 6.86%
3.5B
2.5B
-9.16% 5.91%
14.26
1.38
-3.62% -4.73%
2.8B
1.4B
-17.47% -11.79%
-10.62
1.97
-21.40% -1031.82%
SMALL-CAP
1.4B
1.3B
-4.81% -31.84%
17.8
1.06
14.09% 64.56%
432.4M
217.6M
-23.23% 424.19%
-7.71
1.99
-2.32% 15.59%
378.2M
1.1B
-10.32% -49.42%
-1.41
0.33
12.05% -13041.29%
133.2M
148.1M
-4.07% 21.99%
28.37
0.9
3.90% 76.40%
59.2M
29.7M
5.26% -80.77%
-0.86
1.99
39.86% -13.06%
58.5M
56.0M
4.11% -3.63%
-4.71
1.04
-26.16% -43.53%

Inseego Corp News

Latest updates
InvestorsObserver • 01 Mar 2024 • 08:00 am
InvestorsObserver • 27 Feb 2024 • 08:00 am
Business Wire • 3 months ago

Inseego Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-12.0%42,754,00048,583,00053,557,00050,794,00052,915,50069,167,00061,856,00061,384,00072,892,00066,217,00065,693,00057,597,00086,063,00090,240,00080,689,00056,840,00052,333,00062,716,00055,891,00048,556,00056,043,000
Cost Of Revenue-100.0%-46,688,00034,661,00032,607,00037,103,50051,211,00043,964,00046,136,00054,732,00047,274,00045,344,00039,124,00059,617,00065,070,00058,689,00039,613,00037,302,00044,091,00040,336,00033,796,00036,250,000
Gross Profit611.1%13,476,0001,895,00018,896,00018,187,00015,812,00017,956,00017,892,00015,248,00018,160,00018,943,00020,349,00018,473,00026,447,00025,170,00022,000,00017,227,00015,031,00018,625,00015,555,00014,760,00019,793,000
Operating Expenses21.2%24,539,00020,247,00022,172,00021,778,00030,021,50029,865,00027,925,00037,015,00027,992,00028,916,00030,869,00034,669,00035,065,00028,608,00027,337,00024,967,00023,757,00021,799,00020,738,00017,221,00018,979,000
  S&GA Expenses-34.1%3,529,0005,355,0005,974,0006,646,0007,036,0008,295,0007,721,0009,773,0008,237,0009,172,0009,821,00011,004,0009,901,0008,446,0008,648,0008,755,0008,145,0007,149,0007,229,0006,391,0006,070,000
  R&D Expenses-162.7%-5,614,0008,951,00010,022,0008,154,000-9,306,50015,417,00013,619,00018,560,00013,719,00012,626,00011,773,00014,555,00015,505,00010,684,00010,540,0008,224,0008,525,0006,655,0005,188,0003,485,0005,332,000
EBITDA Margin-Infinity%-0.10--0.17-0.16-0.15-0.12-0.09-0.09-0.06-0.05-0.03-0.24-0.25--------
Interest Expenses467.2%2,677,000472,0002,747,000117,0002,860,00044,0002,631,000-2,605,000-2,613,000169,0002,575,000108,000408,000124,0003,065,000904,0004,127,0001,200,0004,037,000
Income Taxes1931.3%293,000-16,000300,000300,000116,00042,000-300,000-322,000-231,500-4,000228,000221,000543,000217,000-100,000100,000-222,000223,000300,000200,000-383,500
Earnings Before Taxes------14,509,500-15,701,000-12,679,000-25,545,000-10,973,500-7,194,000-12,815,000-16,738,000-12,190,000-5,222,000-74,951,000-18,075,000-13,354,000-8,600,000-10,397,000-7,223,000-4,611,000
EBT Margin-Infinity%-0.23--0.30-0.29-0.28-0.24-0.21-0.21-0.18-0.18-0.16-0.35-0.35--------
Net Income34.2%-14,339,500-21,805,000-4,936,000-5,104,000-14,627,000-15,743,000-12,376,000-25,223,000-10,719,500-7,190,000-13,043,000-17,173,000-13,593,000-5,442,000-74,830,000-18,198,000-13,285,000-8,937,000-10,779,000-7,485,000-4,191,000
Net Income Margin-4.5%-0.24-0.23-0.18-0.20-0.28-0.24-0.21-0.21-0.18-0.19-0.16-0.35---------
Free Cashflow-263.9%-15,539,0009,482,0004,920,0007,598,000-8,864,000-7,249,000-17,256,000-1,401,000-11,084,000-4,571,000-14,134,000-351,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-10.9%122137154158160184191204216221225251227224212173161159165178162
  Current Assets-8.8%58.0064.0078.0080.0078.0010010411512813012916211411511580.0064.0072.0077.0095.0084.00
    Cash Equivalents-60.2%8.0019.0015.009.007.0018.0024.0045.0050.0062.0040.0060.0040.0042.0042.0031.0012.0014.0020.0032.0031.00
  Inventory4.4%23.0022.0031.0034.0038.0042.0047.0037.0037.0034.0028.0036.0034.0024.0020.0014.0025.0026.0029.0033.0026.00
  Net PPE-3.00---5.00---8.009.009.009.0014.0013.0012.0012.0011.007.009.007.007.00
  Goodwill0%22.0022.0022.0022.0022.0022.0022.0022.0020.0021.0022.0021.0033.0029.0028.0027.0034.0031.0034.0033.0033.00
Liabilities-1.6%224228225230230240235238241236234253255251254146199197202210199
  Current Liabilities-6.7%56.0060.0056.0062.0057.0071.0070.0073.0075.0069.0065.0085.0076.0074.0068.0092.0045.0019119461.0054.00
  Long Term Debt0.2%16016015915915815815815815815815915916516317644.00101--95.0093.00
    LT Debt, Current---------------0.00--99.0097.00--
    LT Debt, Non Current0.2%16016015915915815815815815815815915916516317644.00101--95.0093.00
Shareholder's Equity----------------28.00-----
  Retained Earnings-1.7%-906-891-869-863-857-842-825-812-787-774-764-750-732-718-712-636-618-605-596-585-577
  Additional Paid-In Capital0.2%810808805797794790787784771767761757711706686682585574562558546
Accumulated Depreciation2.4%29.0028.0028.0027.0026.0025.0024.0023.0027.0026.0020.0018.0022.0019.0017.0016.0016.0016.0014.0019.0018.00
Shares Outstanding1.5%12.0012.0012.0011.0011.0011.0011.0011.0011.0010.0010.0010.00---------
Minority Interest-----------0.000.00-0.09-0.09-0.09-0.09-0.12-0.08-0.06-0.12-0.13
Float---57.00---153---853---1.00---222--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-256.7%-15,2389,7245,0207,659-8,586-7,105-16,960-638-10,455-2,727-13,0039733,33812,0504,334328-3,001-4,943-5,022-5,0332,104
  Share Based Compensation-37.7%1,4142,2681,9621,8001,9832,4062,28711,1992,1823,0622,3079,0982,2312,2074,4281,5531,3471,2533,6451,0571,198
Cashflow From Investing-90.7%-3,652-1,915-2,098-2,504-2,874-3,164-3,391-3,890-1,58725,099-8,038-9,396-9,740-11,740-8,376-4,857-7,698-9,195-7,000-4,320-1,880
Cashflow From Financing230.2%4,237-3,2534,567-3,3403,9442,800-257-1,060942-532-36.0029,5471,327-39014,83026,3148,5278,631-31210,623-585

INSG Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:  
Total revenues$ 195,688$ 245,323
Cost of revenues:  
Total cost of revenues143,234178,414
Gross profit52,45466,909
Operating costs and expenses:  
Research and development21,51338,290
Sales and marketing21,50432,825
General and administrative20,72126,208
Depreciation and amortization19,75924,490
Impairment of capitalized software5,2393,014
Total operating costs and expenses88,736124,827
Operating loss(36,282)(57,918)
Other income (expense):  
Interest expense, net(9,072)(8,606)
Other income (expense), net54(1,910)
Loss before income taxes(45,300)(68,434)
Income tax provision (benefit)885(465)
Net loss(46,185)(67,969)
Series E preferred stock dividends and deemed dividends(2,991)(2,736)
Net loss attributable to common stockholders$ (49,176)$ (70,705)
Net loss per common share:  
Basic (in dollars per share)[1]$ (4.32)$ (6.59)
Diluted (in dollars per share)[1]$ (4.32)$ (6.59)
Weighted-average shares used in computation of net loss per common share:  
Basic (in shares)[1]11,372,06910,726,933
Diluted (in shares)[1]11,372,06910,726,933
Product revenues  
Revenues:  
Total revenues$ 135,398$ 187,126
Cost of revenues:  
Total cost of revenues127,157161,943
Mobile solutions  
Revenues:  
Total revenues80,498143,524
Fixed wireless access solutions  
Revenues:  
Total revenues54,90043,602
Services and other  
Revenues:  
Total revenues60,29058,197
Cost of revenues:  
Total cost of revenues$ 16,077$ 16,471
[1]Adjusted retroactively for reverse stock split that occurred on January 24, 2024, see Note 1

INSG Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 7,519$ 7,143
Accounts receivable, net of allowance for expected credit losses of $1,113 and $541, respectively22,61625,259
Inventories22,88037,976
Prepaid expenses and other5,2117,978
Total current assets58,22678,356
Property, plant and equipment, net of accumulated depreciation of $28,920 and $26,049, respectively2,7585,390
Rental assets, net of accumulated depreciation of $7,003 and $5,484, respectively5,0834,816
Intangible assets, net of accumulated amortization of $39,987 and $31,629, respectively27,14041,383
Goodwill21,92221,922
Operating lease right-of-use assets5,4126,662
Other assets1,2561,420
Total assets121,797159,949
Current liabilities:  
Accounts payable24,79529,018
Accrued expenses and other current liabilities27,02227,945
Revolving credit facility, net4,0940
Total current liabilities55,91156,963
Long-term liabilities:  
2025 Notes, net159,912158,427
Revolving credit facility, net07,851
Operating lease liabilities5,0395,903
Deferred tax liabilities, net680323
Other long-term liabilities2,360600
Total liabilities223,902230,067
Commitments and Contingencies
Preferred stock, par value $0.001; 2,000,000 shares authorized:  
Series E Preferred stock, par value $0.001; 39,500 shares designated, 25,000 shares issued and outstanding as of December 31, 2023 and 2022 (aggregate liquidation preference of $35,123)00
Common stock, par value $0.001; 150,000,000 shares authorized, 11,878,557 shares issued and outstanding as of December 31, 2023 and 10,846,815 shares issued and outstanding as of December 31, 2022 (*)[1]1211
Additional paid-in capital[1]810,138793,952
Accumulated other comprehensive loss(5,327)(6,329)
Accumulated deficit(906,928)(857,752)
Total stockholders’ deficit(102,105)(70,118)
Total liabilities and stockholders’ deficit$ 121,797$ 159,949
[1]Adjusted retroactively for reverse stock split that occurred on January 24, 2024, see Note 1
INSG
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, 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. In addition, the company sells software-as-a-service (SaaS), software, and services solutions in various mobile and IIoT vertical markets comprising fleet management, vehicle telematics, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include telematics, asset tracking, and management platforms which provide fleet, vehicle, aviation, asset, and other telematics applications; and Inseego Subscribe, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their customers wireless assets by helping them to save money on personnel and telecom expenses. The company was founded in 1996 and is based in San Diego, California.
 CEO
 WEBSITEinseego.com
 INDUSTRYComputer Hardware
 EMPLOYEES391

Inseego Corp Frequently Asked Questions


What is the ticker symbol for Inseego Corp? What does INSG stand for in stocks?

INSG is the stock ticker symbol of Inseego Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Inseego Corp (INSG)?

As of Tue Apr 23 2024, market cap of Inseego Corp is 36.23 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of INSG stock?

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

What is the fair value of INSG stock?

You can check INSG's fair value in chart for subscribers. The fair value of Inseego Corp 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 Inseego Corp 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 INSG 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 Inseego Corp a good stock to buy?

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

What is Inseego Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, INSG's PE ratio (Price to Earnings) is -0.78 and Price to Sales (PS) ratio is 0.19. 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. INSG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Inseego Corp's stock?

In the past 10 years, Inseego Corp has provided -0.165 (multiply by 100 for percentage) rate of return.