Burke Herbert Financial Stock Z Score
| BHRB Stock | USD 54.51 0.38 0.70% |
Burke | Z Score |
Burke Herbert Financial Company Z Score Analysis
Burke Herbert's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Burke Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Burke Herbert is extremely important. It helps to project a fair market value of Burke Stock properly, considering its historical fundamentals such as Z Score. Since Burke Herbert'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 Burke Herbert'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 Burke Herbert's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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In accordance with the company's disclosures, Burke Herbert Financial has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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Burke Fundamentals
| Return On Equity | 0.0772 | ||||
| Return On Asset | 0.0063 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 640.38 M | ||||
| Shares Outstanding | 7.44 M | ||||
| Shares Owned By Insiders | 14.57 % | ||||
| Shares Owned By Institutions | 26.13 % | ||||
| Number Of Shares Shorted | 163.24 K | ||||
| Price To Earning | 0.47 X | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 3.59 X | ||||
| Revenue | 164.85 M | ||||
| Gross Profit | 130.25 M | ||||
| EBITDA | 2.87 M | ||||
| Net Income | 22.69 M | ||||
| Cash And Equivalents | 92.81 M | ||||
| Cash Per Share | 500.01 X | ||||
| Total Debt | 281.17 M | ||||
| Book Value Per Share | 42.37 X | ||||
| Cash Flow From Operations | 47.01 M | ||||
| Short Ratio | 14.27 X | ||||
| Earnings Per Share | 3.02 X | ||||
| Number Of Employees | 400 | ||||
| Beta | 0.12 | ||||
| Market Capitalization | 402.81 M | ||||
| Total Asset | 3.62 B | ||||
| Retained Earnings | 427.33 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.60 % | ||||
| Net Asset | 3.62 B | ||||
| Last Dividend Paid | 2.12 |
About Burke Herbert Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Burke Herbert Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Burke Herbert using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Burke Herbert Financial 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Burke Herbert in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Burke Herbert's short interest history, or implied volatility extrapolated from Burke Herbert options trading.
Pair Trading with Burke Herbert
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 Burke Herbert 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 Burke Herbert will appreciate offsetting losses from the drop in the long position's value.Moving together with Burke Stock
| 0.83 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.88 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Burke Stock
| 0.69 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.67 | TECTP | Tectonic Financial | PairCorr |
| 0.64 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.64 | CFG-PD | Citizens Financial | PairCorr |
| 0.58 | KB | KB Financial Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Burke Herbert could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burke Herbert 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 Burke Herbert - 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 Burke Herbert Financial to buy it.
The correlation of Burke Herbert 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 Burke Herbert moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burke Herbert Financial 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 Burke Herbert 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 Burke Herbert Piotroski F Score and Burke Herbert Valuation analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Burke Stock analysis
When running Burke Herbert's price analysis, check to measure Burke Herbert'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 Burke Herbert is operating at the current time. Most of Burke Herbert's value examination focuses on studying past and present price action to predict the probability of Burke Herbert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burke Herbert's price. Additionally, you may evaluate how the addition of Burke Herbert to your portfolios can decrease your overall portfolio volatility.
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Is Burke Herbert'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 Burke Herbert. If investors know Burke 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 Burke Herbert 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 (0.62) | Dividend Share 2.12 | Earnings Share 3.02 | Revenue Per Share 14.665 | Quarterly Revenue Growth (0.24) |
The market value of Burke Herbert Financial is measured differently than its book value, which is the value of Burke that is recorded on the company's balance sheet. Investors also form their own opinion of Burke Herbert's value that differs from its market value or its book value, called intrinsic value, which is Burke Herbert'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 Burke Herbert's market value can be influenced by many factors that don't directly affect Burke Herbert'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 Burke Herbert's value and its price as these two are different measures arrived at by different means. Investors typically determine if Burke Herbert is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Burke Herbert'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.