Alexanders Stock Story

ALX

Stock

USD 257.21 2.50 0.96%

Macroaxis Story

Alexanders is scheduled to announce its earnings tomorrow. Alexanders Quick Ratio is fairly stable at the moment as compared to the past year. Alexanders reported Quick Ratio of 13.38 in 2021. Net Current Assets as percentage of Total Assets is likely to rise to 44.29 in 2022, whereas Revenue Per Employee is likely to drop slightly above 2.8 M in 2022. While some millenniums are indifferent towards real estate space, it makes sense to break down Alexanders as a unique investment alternative.

Published over two weeks ago

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You think Alexanders (NYSE:ALX) debt is an issue for investors?

The company has 1.09 B in debt with debt to equity (D/E) ratio of 4.33, demonstrating that Alexanders may be unable to create cash to meet all of its financial commitments.

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Alexanders has an asset utilization ratio of 14.24 percent. This suggests that the company is making $0.14 for each dollar of assets. An increasing asset utilization means that Alexanders is more efficient with each dollar of assets it utilizes for everyday operations.

You think Alexanders (NYSE:ALX) debt is an issue for investors?

Alexanders financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Alexanders, including all of Alexanders's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Alexanders assets, the company is considered highly leveraged. Understanding the composition and structure of overall Alexanders debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.

Please read more on our technical analysis page.

How important is Alexanders's Liquidity

Alexanders financial leverage refers to using borrowed capital as a funding source to finance Alexanders ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Alexanders financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Alexanders's total debt and its cash.

How does Alexanders utilize its cash?

To perform a cash flow analysis of Alexanders, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Alexanders is receiving and how much cash it distributes out in a given period. The Alexanders cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Alexanders Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Alexanders reported Net Cash Flow from Operations of 118.47 Million in 2021

Acquisition by Mandakini Puri of 326 shares of Alexanders subject to Rule 16b-3

Legal trades by Alexanders insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

Alexanders insider trading alert for grant of deferred stock units by Mandakini Puri, the corporate stakeholder, on 20th of May 2022. This event was filed by Alexanders Inc with SEC on 2022-05-20. Statement of changes in beneficial ownership - SEC Form 4 [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

An Additional Perspective On Alexanders

Alexanders reported the last year's revenue of 206.15 M. Total Income to common stockholders was 130.58 M with profit before taxes, overhead, and interest of 115.06 M.

	2019	2020	2021	2022 (projected)
Long Term Debt to Equity	3.83	5.69	4.31	3.82
Interest Coverage	3.25	3.35	4.0	3.55

Long Term Debt to Equity Interest Coverage

Alexanders technical analysis suggests possible come-back

Current Treynor Ratio is up to -0.09. Price may slide again. Alexanders exhibits very low volatility with skewness of -0.15 and kurtosis of -0.45. However, we advise investors to further study Alexanders technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alexanders' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alexanders' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Alexanders Implied Volatility

Alexanders' implied volatility exposes the market's sentiment of Alexanders stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alexanders' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alexanders stock will not fluctuate a lot when Alexanders' options are near their expiration.

Our Final Takeaway

When is the right time to buy or sell Alexanders? Buying stocks such as Alexanders isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.

To conclude, as of the 31st of July 2022, we believe Alexanders is currently fairly valued. It follows the market closely and projects below average probability of financial unrest in the next two years. Our current 90 days buy-or-sell advice on the company is Strong Hold.

Editorial Staff

Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Alexanders. Please refer to our Terms of Use for any information regarding our disclosure principles.

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