HarborOne Bancorp Financials
| HONE Stock | USD 10.05 0.28 2.87% |
With this module, you can analyze HarborOne financials for your investing period. You should be able to track the changes in HarborOne Bancorp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
HarborOne |
Understanding current and past HarborOne Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of HarborOne Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in HarborOne Bancorp's assets may result in an increase in income on the income statement.
The data published in HarborOne Bancorp's official financial statements usually reflect HarborOne Bancorp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of HarborOne Bancorp. For example, before you start analyzing numbers published by HarborOne accountants, it's critical to develop an understanding of what HarborOne Bancorp's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of HarborOne Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HarborOne Bancorp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in HarborOne Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of HarborOne Bancorp. Please utilize our Beneish M Score to check the likelihood of HarborOne Bancorp's management manipulating its earnings.
HarborOne Bancorp Stock Summary
HarborOne Bancorp competes with Independent Bank, Richmond Mutual, Cambridge Bancorp, Berkshire Hills, and Southern Missouri. HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company was founded in 1917 and is based in Brockton, Massachusetts. Harborone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 635 people.Specialization | Financial Services, Banks - Regional |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US41165Y1001 |
| CUSIP | 41165Y100 41165F101 |
| Location | Massachusetts; U.S.A |
| Business Address | 770 Oak Street, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | www.harboronebancorp.com |
| Phone | 508 895 1000 |
| Currency | USD - US Dollar |
You should never invest in HarborOne Bancorp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of HarborOne Stock, because this is throwing your money away. Analyzing the key information contained in HarborOne Bancorp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
HarborOne Bancorp Key Financial Ratios
Generally speaking, HarborOne Bancorp's financial ratios allow both analysts and investors to convert raw data from HarborOne Bancorp's financial statements into concise, actionable information that can be used to evaluate the performance of HarborOne Bancorp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that HarborOne Bancorp reports annually and quarterly.| Return On Equity | 0.0268 | ||||
| Return On Asset | 0.0029 | ||||
| Target Price | 12.25 |
HarborOne Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining HarborOne Bancorp's current stock value. Our valuation model uses many indicators to compare HarborOne Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HarborOne Bancorp competition to find correlations between indicators driving HarborOne Bancorp's intrinsic value. More Info.HarborOne Bancorp is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for HarborOne Bancorp is roughly 9.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value HarborOne Bancorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HarborOne Bancorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the HarborOne Bancorp's earnings, one of the primary drivers of an investment's value.HarborOne Bancorp Systematic Risk
HarborOne Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. HarborOne Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on HarborOne Bancorp correlated with the market. If Beta is less than 0 HarborOne Bancorp generally moves in the opposite direction as compared to the market. If HarborOne Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HarborOne Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HarborOne Bancorp is generally in the same direction as the market. If Beta > 1 HarborOne Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
About HarborOne Bancorp Financials
What exactly are HarborOne Bancorp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include HarborOne Bancorp's income statement, its balance sheet, and the statement of cash flows. Potential HarborOne Bancorp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although HarborOne Bancorp investors may use each financial statement separately, they are all related. The changes in HarborOne Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HarborOne Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze HarborOne Bancorp Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as HarborOne Bancorp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of HarborOne has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if HarborOne Bancorp's financials are consistent with your investment objective using the following steps:- Review HarborOne Bancorp's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand HarborOne Bancorp's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare HarborOne Bancorp's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if HarborOne Bancorp's stock is overvalued or undervalued.
HarborOne Bancorp April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of HarborOne Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of HarborOne Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of HarborOne Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing HarborOne Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HarborOne Bancorp's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.96 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running HarborOne Bancorp's price analysis, check to measure HarborOne Bancorp'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 HarborOne Bancorp is operating at the current time. Most of HarborOne Bancorp's value examination focuses on studying past and present price action to predict the probability of HarborOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HarborOne Bancorp's price. Additionally, you may evaluate how the addition of HarborOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is HarborOne Bancorp'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 HarborOne Bancorp. If investors know HarborOne 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 HarborOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of HarborOne Bancorp is measured differently than its book value, which is the value of HarborOne that is recorded on the company's balance sheet. Investors also form their own opinion of HarborOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is HarborOne Bancorp'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 HarborOne Bancorp's market value can be influenced by many factors that don't directly affect HarborOne Bancorp'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 HarborOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HarborOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HarborOne Bancorp'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.