Berkshire Free Cash Flow vs Dividend Yield Analysis
BHLB Stock | USD 22.26 0.50 2.30% |
Berkshire Hills financial indicator trend analysis is way more than just evaluating Berkshire Hills Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hills Bancorp is a good investment. Please check the relationship between Berkshire Hills Free Cash Flow and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Free Cash Flow vs Dividend Yield
Free Cash Flow vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hills Bancorp Free Cash Flow account and Dividend Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Berkshire Hills' Free Cash Flow and Dividend Yield is 0.48. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Berkshire Hills Bancorp, assuming nothing else is changed. The correlation between historical values of Berkshire Hills' Free Cash Flow and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Berkshire Hills Bancorp are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow i.e., Berkshire Hills' Free Cash Flow and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Dividend Yield
Dividend Yield is Berkshire Hills Bancorp dividend as a percentage of Berkshire Hills stock price. Berkshire Hills Bancorp dividend yield is a measure of Berkshire Hills stock productivity, which can be interpreted as interest rate earned on an Berkshire Hills investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Berkshire Hills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hills Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Berkshire Hills' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 95.83, whereas Selling General Administrative is forecasted to decline to about 94.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 37.9M | 42.7M | 48.3M | 53.2M | Depreciation And Amortization | 16.2M | 14.7M | 13.3M | 13.9M |
Berkshire Hills fundamental ratios Correlations
Click cells to compare fundamentals
Berkshire Hills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hills fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Short Long Term Debt Total | 827.6M | 571.6M | 110.8M | 125.5M | 568.3M | 586.0M | |
Total Current Liabilities | 136.6M | 43.9M | 775K | 1.6M | 9.6B | 10.0B | |
Total Stockholder Equity | 1.8B | 1.2B | 1.2B | 954.1M | 1.0B | 726.3M | |
Property Plant And Equipment Net | 120.4M | 112.7M | 94.4M | 85.2M | 116.3M | 67.5M | |
Net Debt | 722.1M | 480.4M | 1.5M | (19.8M) | (635.0M) | (603.2M) | |
Retained Earnings | 361.1M | (233.3M) | (139.4M) | (71.4M) | (33.1M) | (31.5M) | |
Cash | 105.4M | 91.2M | 109.4M | 145.3M | 1.2B | 1.3B | |
Non Current Assets Total | 2.9B | 3.8B | 4.2B | 2.8B | 11.1B | 11.7B | |
Non Currrent Assets Other | (51.2M) | (80.7M) | (69.8M) | (2.3M) | 9.7B | 10.2B | |
Cash And Short Term Investments | 1.9B | 3.3B | 3.5B | 2.1B | (148.1M) | (140.7M) | |
Net Receivables | 60.2M | 87.7M | 64.1M | 81.3M | 86.7M | 91.0M | |
Common Stock Shares Outstanding | 49.4M | 50.3M | 49.6M | 45.9M | 43.5M | 25.3M | |
Liabilities And Stockholders Equity | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Non Current Liabilities Total | 827.6M | 571.6M | 110.8M | 1.6M | 1.9B | 2.0B | |
Other Current Assets | 652.6M | 2.0B | 1.7B | 776.6M | 1.3B | 1.2B | |
Other Stockholder Equity | 1.3B | 1.4B | 142.6M | 1.2B | 1.2B | 1.3B | |
Total Liab | 11.5B | 11.7B | 10.4B | 10.7B | 11.4B | 12.0B | |
Property Plant And Equipment Gross | 196.7M | 172.7M | 235.4M | 298.5M | 213.7M | 224.4M | |
Total Current Assets | 1.9B | 3.3B | 3.6B | 2.2B | 1.3B | 1.2B | |
Accumulated Other Comprehensive Income | 12.0M | 30.9M | (3.2M) | (181.1M) | (153.1M) | (145.5M) | |
Short Term Debt | 125M | 40M | 14.8M | 10.8M | 270.6M | 361.2M | |
Other Liab | 82.7M | 232.7M | 192.7M | 88.6M | 101.9M | 70.5M | |
Accounts Payable | 11.6M | 3.9M | 775K | 1.6M | 12.4M | 11.7M | |
Other Assets | 8.4B | 5.7B | 3.8B | 6.7B | 7.7B | 5.4B | |
Long Term Debt | 702.6M | 571.6M | 110.8M | 125.5M | 246.6M | 256.8M | |
Good Will | 553.8M | 0.0 | (16.0M) | (13.0M) | (15.0M) | (14.3M) | |
Short Term Investments | 1.8B | 3.2B | 3.4B | 2.0B | 1.0B | 944.1M | |
Inventory | (652.6M) | (2.0B) | (1.7B) | (776.6M) | 61.5M | 64.6M | |
Intangible Assets | 45.6M | 34.8M | 45.6M | 37.5M | 31.8M | 22.9M | |
Common Stock | 1.5B | 517K | 528K | 1.2B | 607.2K | 576.8K | |
Property Plant Equipment | 121.5M | 112.8M | 94.4M | 85.2M | 98.0M | 67.7M | |
Treasury Stock | (22.0M) | (69.6M) | (31.3M) | (89.9M) | (80.9M) | (76.8M) | |
Other Current Liab | (136.6M) | (43.9M) | (775K) | (1.6M) | 9.3B | 9.7B | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 929.6M | 1.1B | 824.9M | |
Retained Earnings Total Equity | 361.1M | (233.3M) | (139.4M) | (71.4M) | (64.3M) | (61.1M) | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.1B | |
Long Term Investments | 11.2B | 2.2B | 4.1B | 2.6B | 1.6B | 1.5B |
Pair Trading with Berkshire Hills
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 Berkshire Hills 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 Berkshire Hills will appreciate offsetting losses from the drop in the long position's value.Moving together with Berkshire Stock
0.71 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Berkshire Stock
0.58 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.48 | TFC-PI | Truist Financial | PairCorr |
0.47 | TECTP | Tectonic Financial | PairCorr |
The ability to find closely correlated positions to Berkshire Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hills 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 Berkshire Hills - 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 Berkshire Hills Bancorp to buy it.
The correlation of Berkshire Hills 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 Berkshire Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hills Bancorp 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 Berkshire Hills 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Berkshire Stock analysis
When running Berkshire Hills' price analysis, check to measure Berkshire Hills' 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 Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is Berkshire Hills' 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 Berkshire Hills. If investors know Berkshire 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 Berkshire Hills 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 0.075 | Dividend Share 0.72 | Earnings Share 1.6 | Revenue Per Share 7.53 | Quarterly Revenue Growth (0.53) |
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' 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 Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' 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 Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' 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.