I.D. Systems Inc. Stock Upgraded (IDSY)
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, I D SYSTEMS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- The company, on the basis of net income growth from the same quarter one year ago, has significantly underperformed compared to the Electronic Equipment, Instruments & Components industry average, but is greater than that of the S&P 500. The net income increased by 38.8% when compared to the same quarter one year prior, rising from -$3.04 million to -$1.86 million.
- I D SYSTEMS INC has improved earnings per share by 37.0% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, I D SYSTEMS INC reported poor results of -$1.19 versus -$0.38 in the prior year. This year, the market expects an improvement in earnings (-$0.07 versus -$1.19).
- IDSY has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 3.16, which clearly demonstrates the ability to cover short-term cash needs.
- IDSY's very impressive revenue growth greatly exceeded the industry average of 47.3%. Since the same quarter one year prior, revenues leaped by 252.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
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