PerkinElmer Story

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PKI -- USA Stock  

USD 116.76  1.44  1.22%

16% of stocks are less volatile than PerkinElmer, and above 93% of all equities are expected to generate higher returns over the next 90 days. While many risk-averse stockholders are getting carried away by overanalyzing healthcare space, it is reasonable to concentrate on PerkinElmer. We will cover the possibilities of PerkinElmer's current volatility to continue through August. PerkinElmer's very low volatility may have no significant impact on the stock's value as we estimate PerkinElmer as currently fairly valued. The real value, based on our calculations, is getting close to 111.34 per share.
Published over a month ago
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Is PerkinElmer (NYSE:PKI) low volatility a good sign for stockholders?
The company has 2.2 B in debt with debt to equity (D/E) ratio of 0.8, which is OK given its current industry classification. PerkinElmer has a current ratio of 1.8, which is typical for the industry and considered as normal.
Volatility is a rate at which the price of PerkinElmer or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of PerkinElmer may increase or decrease. In other words, similar to PerkinElmer's beta indicator, it measures the risk of PerkinElmer and helps estimate the fluctuations that may happen in a short period of time. So if prices of PerkinElmer fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is PerkinElmer's Liquidity

PerkinElmer financial leverage refers to using borrowed capital as a funding source to finance PerkinElmer ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. PerkinElmer 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 PerkinElmer's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for PerkinElmer, but it might be worth checking our own buy vs. sell analysis

PerkinElmer Volatility Drivers

PerkinElmer unsystematic risk is unique to PerkinElmer and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in PerkinElmer you can also buy CR Bard. You can also mitigate this risk by investing in the diagnostics & research sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing PerkinElmer important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in PerkinElmer income statement and balance sheet. Here are more details about PerkinElmer volatility.
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