Ocwen Financial Stock Z Score
| OCN Stock | USD 25.23 0.46 1.86% |
Ocwen | Z Score |
Ocwen Financial Company Z Score Analysis
Ocwen Financial'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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Ocwen Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Ocwen Financial is extremely important. It helps to project a fair market value of Ocwen Stock properly, considering its historical fundamentals such as Z Score. Since Ocwen Financial'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 Ocwen Financial'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 Ocwen Financial'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.
| Competition |
Based on the company's disclosures, Ocwen Financial has a Z Score of 0.0. This is 100.0% lower than that of the Thrifts & Mortgage Finance 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.
Ocwen Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Ocwen Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ocwen Financial'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 Ocwen Financial's value.| Shares | Northern Trust Corp | 2023-12-31 | 50.4 K | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 47.4 K | Empowered Funds, Llc | 2023-12-31 | 34.9 K | D. E. Shaw & Co Lp | 2023-09-30 | 31.6 K | Amvescap Plc. | 2023-12-31 | 29 K | Bank Of New York Mellon Corp | 2023-12-31 | 28.5 K | Alphacentric Advisors, Llc | 2023-12-31 | 28.2 K | Citadel Advisors Llc | 2023-09-30 | 20.4 K | Miller Investment Management, Lp | 2023-12-31 | 20 K | Long Focus Capital Management, Llc | 2023-12-31 | 652.1 K | Deer Park Road Corporation | 2023-12-31 | 577.9 K |
Ocwen Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.0328 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.63 % | ||||
| Current Valuation | 11.4 B | ||||
| Shares Outstanding | 7.68 M | ||||
| Shares Owned By Insiders | 15.20 % | ||||
| Shares Owned By Institutions | 53.30 % | ||||
| Number Of Shares Shorted | 32.52 K | ||||
| Price To Earning | 2.92 X | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 1.04 B | ||||
| Gross Profit | 889 M | ||||
| EBITDA | 404.5 M | ||||
| Net Income | (63.7 M) | ||||
| Cash And Equivalents | 269.01 M | ||||
| Cash Per Share | 30.92 X | ||||
| Total Debt | 11.43 B | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 52.29 X | ||||
| Cash Flow From Operations | (61.3 M) | ||||
| Short Ratio | 2.94 X | ||||
| Earnings Per Share | (8.34) X | ||||
| Price To Earnings To Growth | (1.40) X | ||||
| Target Price | 39.33 | ||||
| Number Of Employees | 4.5 K | ||||
| Beta | 1.9 | ||||
| Market Capitalization | 190.34 M | ||||
| Total Asset | 12.51 B | ||||
| Retained Earnings | (151.6 M) | ||||
| Working Capital | 9.57 B | ||||
| Net Asset | 12.51 B |
About Ocwen Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ocwen Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocwen Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocwen 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.
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Try AI Portfolio ArchitectCheck out Ocwen Financial Piotroski F Score and Ocwen Financial Valuation analysis. To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.Note that the Ocwen Financial information on this page should be used as a complementary analysis to other Ocwen Financial'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Ocwen Stock analysis
When running Ocwen Financial's price analysis, check to measure Ocwen Financial'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 Ocwen Financial is operating at the current time. Most of Ocwen Financial's value examination focuses on studying past and present price action to predict the probability of Ocwen Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocwen Financial's price. Additionally, you may evaluate how the addition of Ocwen Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ocwen Financial'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 Ocwen Financial. If investors know Ocwen 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 Ocwen Financial 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 (0.75) | Earnings Share (8.34) | Revenue Per Share 139.688 | Quarterly Revenue Growth 0.107 | Return On Assets 0.0328 |
The market value of Ocwen Financial is measured differently than its book value, which is the value of Ocwen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocwen Financial's value that differs from its market value or its book value, called intrinsic value, which is Ocwen Financial'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 Ocwen Financial's market value can be influenced by many factors that don't directly affect Ocwen Financial'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 Ocwen Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocwen Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocwen Financial'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.