Alliancebernstein Holding Lp Stock Net Income
| AB Stock | USD 33.50 0.15 0.45% |
AllianceBernstein Holding LP fundamentals help investors to digest information that contributes to AllianceBernstein's financial success or failures. It also enables traders to predict the movement of AllianceBernstein Stock. The fundamental analysis module provides a way to measure AllianceBernstein's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AllianceBernstein stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 264.2 M | 213.7 M | |
| Net Income Applicable To Common Shares | 315.3 M | 222.4 M | |
| Net Income From Continuing Ops | 264.2 M | 214.9 M | |
| Net Income Per Share | 2.34 | 1.50 | |
| Net Income Per E B T | 0.88 | 0.72 |
AllianceBernstein | Net Income |
AllianceBernstein Holding LP Company Net Income Analysis
AllianceBernstein's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current AllianceBernstein Net Income | 264.18 M |
Most of AllianceBernstein's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AllianceBernstein Holding LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AllianceBernstein Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for AllianceBernstein is extremely important. It helps to project a fair market value of AllianceBernstein Stock properly, considering its historical fundamentals such as Net Income. Since AllianceBernstein's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AllianceBernstein's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AllianceBernstein's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
AllianceBernstein Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, AllianceBernstein Holding LP reported net income of 264.18 M. This is 79.32% lower than that of the Capital Markets sector and 3.03% lower than that of the Financials industry. The net income for all United States stocks is 53.73% higher than that of the company.
AllianceBernstein Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AllianceBernstein's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AllianceBernstein could also be used in its relative valuation, which is a method of valuing AllianceBernstein by comparing valuation metrics of similar companies.AllianceBernstein is currently under evaluation in net income category among related companies.
AllianceBernstein Institutional Holders
Institutional Holdings refers to the ownership stake in AllianceBernstein that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AllianceBernstein's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AllianceBernstein's value.| Shares | Franklin Resources Inc | 2023-12-31 | 466.5 K | Lpl Financial Corp | 2023-12-31 | 399.7 K | Phase 2 Partners, Llc | 2023-09-30 | 354.7 K | Nomura Holdings Inc | 2023-12-31 | 230.6 K | Bridgecreek Investment Management, Llc | 2023-12-31 | 223.2 K | Tcg Advisory Services, Llc | 2023-12-31 | 222.9 K | Citadel Advisors Llc | 2023-09-30 | 213.2 K | Miller Howard Investments Inc | 2023-12-31 | 204 K | Advisor Group Holdings, Inc. | 2023-12-31 | 190.4 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.4 M | Jpmorgan Chase & Co | 2023-12-31 | 2.4 M |
AllianceBernstein Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | -0.007 | ||||
| Profit Margin | 0.88 % | ||||
| Operating Margin | 1.00 % | ||||
| Current Valuation | 3.34 B | ||||
| Shares Outstanding | 114.44 M | ||||
| Shares Owned By Insiders | 1.50 % | ||||
| Shares Owned By Institutions | 19.92 % | ||||
| Number Of Shares Shorted | 1.03 M | ||||
| Price To Earning | 12.16 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 12.65 X | ||||
| Revenue | 4.26 B | ||||
| Gross Profit | 305.5 M | ||||
| EBITDA | 817.67 M | ||||
| Net Income | 264.18 M | ||||
| Cash And Equivalents | 89 K | ||||
| Cash Per Share | 1.97 X | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.00 X | ||||
| Book Value Per Share | 18.14 X | ||||
| Cash Flow From Operations | 293.98 M | ||||
| Short Ratio | 3.03 X | ||||
| Earnings Per Share | 2.34 X | ||||
| Price To Earnings To Growth | 1.38 X | ||||
| Target Price | 41.0 | ||||
| Number Of Employees | 4.71 K | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 3.85 B | ||||
| Total Asset | 2.08 B | ||||
| Retained Earnings | 831.81 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 8.65 % | ||||
| Net Asset | 2.08 B | ||||
| Last Dividend Paid | 2.69 |
About AllianceBernstein Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AllianceBernstein Holding LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AllianceBernstein using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AllianceBernstein Holding LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with AllianceBernstein
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AllianceBernstein position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AllianceBernstein will appreciate offsetting losses from the drop in the long position's value.Moving together with AllianceBernstein Stock
| 0.72 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.68 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to AllianceBernstein could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AllianceBernstein when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AllianceBernstein - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AllianceBernstein Holding LP to buy it.
The correlation of AllianceBernstein is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AllianceBernstein moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AllianceBernstein moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AllianceBernstein can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out AllianceBernstein Piotroski F Score and AllianceBernstein Altman Z Score analysis. Note that the AllianceBernstein information on this page should be used as a complementary analysis to other AllianceBernstein's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for AllianceBernstein Stock analysis
When running AllianceBernstein's price analysis, check to measure AllianceBernstein's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AllianceBernstein is operating at the current time. Most of AllianceBernstein's value examination focuses on studying past and present price action to predict the probability of AllianceBernstein's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AllianceBernstein's price. Additionally, you may evaluate how the addition of AllianceBernstein to your portfolios can decrease your overall portfolio volatility.
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Is AllianceBernstein's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AllianceBernstein. If investors know AllianceBernstein will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AllianceBernstein listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.207 | Dividend Share 2.69 | Earnings Share 2.34 | Revenue Per Share 2.654 | Quarterly Revenue Growth (0.46) |
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianceBernstein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.