Atrion Stock Filter Stocks by Fundamentals

ATRI Stock  USD 463.55  15.55  3.47%   
ATRION fundamentals help investors to digest information that contributes to ATRION's financial success or failures. It also enables traders to predict the movement of ATRION Stock. The fundamental analysis module provides a way to measure ATRION'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 ATRION stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ATRION Price to Earning Analysis

ATRION Price to Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for ATRION is extremely important. It helps to project a fair market value of ATRION Stock properly, considering its historical fundamentals such as Price to Earning. Since ATRION'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 ATRION'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 ATRION's interrelated accounts and indicators.
-0.611.0-0.140.970.41-0.21-0.7-0.140.74-0.71-0.46-0.260.670.590.2-0.75-0.850.850.280.860.85-0.87-0.91-0.10.850.0-0.39-0.39
-0.61-0.620.22-0.550.170.460.210.42-0.440.980.210.84-0.62-0.280.160.850.51-0.4-0.18-0.2-0.290.170.310.26-0.160.00.120.12
1.0-0.62-0.130.980.41-0.22-0.7-0.180.73-0.72-0.46-0.280.690.590.18-0.77-0.850.850.260.860.85-0.86-0.91-0.130.84-0.01-0.4-0.4
-0.140.22-0.13-0.020.160.27-0.27-0.1-0.530.21-0.290.370.23-0.5-0.24-0.040.330.32-0.34-0.07-0.04-0.030.1-0.210.1-0.66-0.46-0.46
0.97-0.550.98-0.020.52-0.14-0.81-0.260.68-0.65-0.45-0.180.710.60.13-0.75-0.880.910.190.870.88-0.89-0.93-0.250.85-0.1-0.48-0.48
0.410.170.410.160.520.31-0.690.070.490.09-0.10.540.180.350.150.04-0.530.50.070.690.77-0.64-0.64-0.290.570.2-0.06-0.06
-0.210.46-0.220.27-0.140.31-0.160.28-0.20.43-0.020.51-0.33-0.140.290.420.07-0.11-0.20.020.01-0.020.020.32-0.01-0.080.160.16
-0.70.21-0.7-0.27-0.81-0.69-0.160.2-0.440.330.27-0.1-0.52-0.54-0.150.460.76-0.77-0.12-0.72-0.770.810.830.32-0.710.170.440.44
-0.140.42-0.18-0.1-0.260.070.280.20.10.390.120.51-0.65-0.030.610.580.22-0.330.280.01-0.12-0.010.00.670.050.280.590.59
0.74-0.440.73-0.530.680.49-0.2-0.440.1-0.53-0.16-0.20.290.720.37-0.33-0.790.380.620.750.77-0.62-0.71-0.020.510.520.220.22
-0.710.98-0.720.21-0.650.090.430.330.39-0.530.250.81-0.69-0.350.10.90.59-0.51-0.21-0.33-0.390.290.420.25-0.280.040.180.18
-0.460.21-0.46-0.29-0.45-0.1-0.020.270.12-0.160.25-0.01-0.42-0.14-0.040.380.2-0.55-0.08-0.44-0.40.520.37-0.16-0.550.140.380.38
-0.260.84-0.280.37-0.180.540.51-0.10.51-0.20.81-0.01-0.46-0.190.210.680.23-0.03-0.120.130.09-0.18-0.060.130.2-0.030.050.05
0.67-0.620.690.230.710.18-0.33-0.52-0.650.29-0.69-0.42-0.460.17-0.37-0.88-0.460.81-0.20.530.57-0.5-0.46-0.420.52-0.34-0.7-0.7
0.59-0.280.59-0.50.60.35-0.14-0.54-0.030.72-0.35-0.14-0.190.170.4-0.24-0.840.290.390.620.61-0.6-0.710.080.440.30.090.09
0.20.160.18-0.240.130.150.29-0.150.610.370.1-0.040.21-0.370.40.27-0.24-0.080.440.320.24-0.28-0.350.570.280.380.410.41
-0.750.85-0.77-0.04-0.750.040.420.460.58-0.330.90.380.68-0.88-0.240.270.55-0.740.01-0.41-0.450.440.490.37-0.460.30.590.59
-0.850.51-0.850.33-0.88-0.530.070.760.22-0.790.590.20.23-0.46-0.84-0.240.55-0.62-0.34-0.77-0.820.760.880.21-0.63-0.130.150.15
0.85-0.40.850.320.910.5-0.11-0.77-0.330.38-0.51-0.55-0.030.810.29-0.08-0.74-0.62-0.080.780.79-0.85-0.79-0.330.87-0.35-0.73-0.73
0.28-0.180.26-0.340.190.07-0.2-0.120.280.62-0.21-0.08-0.12-0.20.390.440.01-0.34-0.080.220.23-0.2-0.280.060.060.430.420.42
0.86-0.20.86-0.070.870.690.02-0.720.010.75-0.33-0.440.130.530.620.32-0.41-0.770.780.220.96-0.94-0.920.010.90.1-0.3-0.3
0.85-0.290.85-0.040.880.770.01-0.77-0.120.77-0.39-0.40.090.570.610.24-0.45-0.820.790.230.96-0.89-0.9-0.180.830.12-0.27-0.27
-0.870.17-0.86-0.03-0.89-0.64-0.020.81-0.01-0.620.290.52-0.18-0.5-0.6-0.280.440.76-0.85-0.2-0.94-0.890.960.02-0.960.020.450.45
-0.910.31-0.910.1-0.93-0.640.020.830.0-0.710.420.37-0.06-0.46-0.71-0.350.490.88-0.79-0.28-0.92-0.90.960.05-0.9-0.060.320.32
-0.10.26-0.13-0.21-0.25-0.290.320.320.67-0.020.25-0.160.13-0.420.080.570.370.21-0.330.060.01-0.180.020.050.050.230.380.38
0.85-0.160.840.10.850.57-0.01-0.710.050.51-0.28-0.550.20.520.440.28-0.46-0.630.870.060.90.83-0.96-0.90.05-0.05-0.51-0.51
0.00.0-0.01-0.66-0.10.2-0.080.170.280.520.040.14-0.03-0.340.30.380.3-0.13-0.350.430.10.120.02-0.060.23-0.050.620.62
-0.390.12-0.4-0.46-0.48-0.060.160.440.590.220.180.380.05-0.70.090.410.590.15-0.730.42-0.3-0.270.450.320.38-0.510.621.0
-0.390.12-0.4-0.46-0.48-0.060.160.440.590.220.180.380.05-0.70.090.410.590.15-0.730.42-0.3-0.270.450.320.38-0.510.621.0
Click cells to compare fundamentals
Competition

ATRION Retained Earnings

Retained Earnings

400.84 Million

As of now, ATRION's Retained Earnings are increasing as compared to previous years.
Based on the latest financial disclosure, the price to earning indicator of ATRION is roughly 0.0null. This indicator is about the same for the Health Care Equipment & Supplies average (which is currently at 0.0) sector and about the same as Price to Earning (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run AI Investment Finder Now

   

AI Investment Finder

Use AI to screen and filter profitable investment opportunities
All  Next Launch Module

ATRION Fundamentals

About ATRION Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ATRION's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ATRION using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ATRION 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.
Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications in the United States, Canada, Europe, and internationally. Atrion Corporation was founded in 1944 and is headquartered in Allen, Texas. Atrion Corp operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 667 people.

Pair Trading with ATRION

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 ATRION 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 ATRION will appreciate offsetting losses from the drop in the long position's value.

Moving against ATRION Stock

  0.83MMSI Merit Medical Systems Financial Report 24th of April 2024 PairCorr
  0.69SSY SunLink Health SystemsPairCorr
  0.69TFX Teleflex Incorporated Financial Report 2nd of May 2024 PairCorr
  0.51DH Definitive Healthcare Financial Report 2nd of May 2024 PairCorr
  0.48DYNT Dynatronics Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to ATRION could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATRION 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 ATRION - 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 ATRION to buy it.
The correlation of ATRION 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 ATRION moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATRION 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 ATRION 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.
Pair CorrelationCorrelation Matching
When determining whether ATRION offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATRION's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atrion Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atrion Stock:
Check out ATRION Piotroski F Score and ATRION Altman Z Score analysis.
For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for ATRION Stock analysis

When running ATRION's price analysis, check to measure ATRION'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 ATRION is operating at the current time. Most of ATRION's value examination focuses on studying past and present price action to predict the probability of ATRION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRION's price. Additionally, you may evaluate how the addition of ATRION to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Transaction History
View history of all your transactions and understand their impact on performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is ATRION'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 ATRION. If investors know ATRION 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 ATRION 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
(0.22)
Dividend Share
8.7
Earnings Share
11.01
Revenue Per Share
96.153
Quarterly Revenue Growth
0.017
The market value of ATRION is measured differently than its book value, which is the value of ATRION that is recorded on the company's balance sheet. Investors also form their own opinion of ATRION's value that differs from its market value or its book value, called intrinsic value, which is ATRION'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 ATRION's market value can be influenced by many factors that don't directly affect ATRION'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 ATRION's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRION'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.