Palomar Holdings Stock Short Ratio
| PLMR Stock | USD 76.90 0.43 0.56% |
Palomar Holdings fundamentals help investors to digest information that contributes to Palomar Holdings' financial success or failures. It also enables traders to predict the movement of Palomar Stock. The fundamental analysis module provides a way to measure Palomar Holdings' 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 Palomar Holdings stock.
Palomar | Short Ratio |
Palomar Holdings Company Short Ratio Analysis
Palomar Holdings' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Palomar Holdings Short Ratio | 2.81 X |
Most of Palomar Holdings' fundamental indicators, such as Short Ratio, 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, Palomar Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Palomar Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Palomar Holdings is extremely important. It helps to project a fair market value of Palomar Stock properly, considering its historical fundamentals such as Short Ratio. Since Palomar Holdings' 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 Palomar Holdings' 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 Palomar Holdings' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Palomar Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Palomar Holdings has a Short Ratio of 2.81 times. This is 56.3% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 29.75% higher than that of the company.
Palomar Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Palomar Holdings' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Palomar Holdings could also be used in its relative valuation, which is a method of valuing Palomar Holdings by comparing valuation metrics of similar companies.Palomar Holdings is currently under evaluation in short ratio category among related companies.
Palomar Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Palomar Holdings from analyzing Palomar Holdings' financial statements. These drivers represent accounts that assess Palomar Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Palomar Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 2.2B | 1.6B | 1.1B | 1.0B | 818.7M | |
| Enterprise Value | 1.1B | 2.2B | 1.6B | 1.1B | 997.5M | 894.6M |
Palomar Holdings Institutional Holders
Institutional Holdings refers to the ownership stake in Palomar Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Palomar Holdings' 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 Palomar Holdings' value.| Shares | American Century Companies Inc | 2023-12-31 | 427.7 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 421.7 K | Emerald Mutual Fund Advisers Trust | 2023-12-31 | 375.3 K | Point72 Asset Management, L.p. | 2023-09-30 | 361 K | Geneva Capital Management | 2023-12-31 | 350.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 293.6 K | Goldman Sachs Group Inc | 2023-12-31 | 259.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 248.6 K | Northern Trust Corp | 2023-12-31 | 244.7 K | Blackrock Inc | 2023-12-31 | 4 M | Vanguard Group Inc | 2023-12-31 | 2.4 M |
Palomar Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0445 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 1.9 B | |||
| Shares Outstanding | 24.92 M | |||
| Shares Owned By Insiders | 3.33 % | |||
| Shares Owned By Institutions | 93.66 % | |||
| Number Of Shares Shorted | 468.4 K | |||
| Price To Earning | 253.33 X | |||
| Price To Book | 3.94 X | |||
| Price To Sales | 4.93 X | |||
| Revenue | 375.93 M | |||
| Gross Profit | 80.05 M | |||
| EBITDA | 4.5 M | |||
| Net Income | 79.2 M | |||
| Cash And Equivalents | 36.47 M | |||
| Cash Per Share | 1.45 X | |||
| Total Debt | 52.6 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 19.02 X | |||
| Cash Flow From Operations | 116.11 M | |||
| Short Ratio | 2.81 X | |||
| Earnings Per Share | 3.13 X | |||
| Price To Earnings To Growth | 0.25 X | |||
| Target Price | 88.0 | |||
| Number Of Employees | 213 | |||
| Beta | 0.21 | |||
| Market Capitalization | 1.91 B | |||
| Total Asset | 1.17 B | |||
| Retained Earnings | 144.64 M | |||
| Net Asset | 1.17 B |
About Palomar Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Palomar Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palomar Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palomar Holdings 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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Check out Palomar Holdings Piotroski F Score and Palomar Holdings Altman Z Score analysis. To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Palomar Stock analysis
When running Palomar Holdings' price analysis, check to measure Palomar Holdings' 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Palomar Holdings' 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 Palomar Holdings. If investors know Palomar 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 Palomar Holdings 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 0.41 | Earnings Share 3.13 | Revenue Per Share 15.145 | Quarterly Revenue Growth 0.189 | Return On Assets 0.0445 |
The market value of Palomar Holdings is measured differently than its book value, which is the value of Palomar that is recorded on the company's balance sheet. Investors also form their own opinion of Palomar Holdings' value that differs from its market value or its book value, called intrinsic value, which is Palomar Holdings' 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 Palomar Holdings' market value can be influenced by many factors that don't directly affect Palomar Holdings' 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 Palomar Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palomar Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palomar Holdings' 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.