Berkshire Operating Income vs Free Cash Flow per Share Analysis

BHLB Stock

USD 21.76 0.05 0.23%

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 Operating Income and its Free Cash Flow Per Share 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.

Operating Income vs Free Cash Flow Per Share

Operating Income vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hills Bancorp Operating Income account and Free Cash Flow per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Berkshire Hills' Operating Income and Free Cash Flow per Share is -0.17. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Free Cash Flow per Share 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' Operating Income and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Berkshire Hills Bancorp are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Operating Income i.e., Berkshire Hills' Operating Income and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Berkshire Hills Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Berkshire Hills Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment 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

Interest Expense Depreciation And Amortization

Berkshire Hills fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Accounts Payable	Other Assets	Long Term Debt	Good Will	Common Stock Total Equity
Total Assets		0.25	0.07	0.9	0.88	0.1	-0.07	0.12	0.34	0.06	0.65	0.78	0.98	0.24	0.1	0.43	0.89	0.68	0.24	0.03	0.58	-0.45	0.62	0.6	0.19	0.81
Short Long Term Debt Total	0.25		0.0	0.47	0.47	0.8	0.66	-0.13	-0.1	-0.13	0.02	-0.05	0.14	0.01	0.79	-0.03	0.18	-0.31	0.78	0.93	-0.16	0.4	0.83	0.27	0.77	0.03
Total Current Liabilities	0.07	0.0		-0.07	0.08	-0.59	-0.23	0.99	0.93	0.99	-0.52	0.5	0.0	0.93	-0.23	0.35	0.4	0.36	-0.34	0.02	-0.14	-0.24	0.07	-0.04	-0.35	0.54
Total Stockholder Equity	0.9	0.47	-0.07		0.86	0.36	0.3	-0.05	0.16	-0.1	0.59	0.58	0.87	0.16	0.32	0.3	0.78	0.43	0.45	0.19	0.44	-0.35	0.72	0.74	0.55	0.65
Property Plant And Equipment Net	0.88	0.47	0.08	0.86		0.29	0.12	0.09	0.27	0.04	0.5	0.57	0.84	0.26	0.28	0.43	0.75	0.46	0.38	0.23	0.52	-0.15	0.63	0.6	0.4	0.66
Net Debt	0.1	0.8	-0.59	0.36	0.29		0.67	-0.69	-0.65	-0.69	0.29	-0.38	0.05	-0.56	0.78	-0.27	-0.15	-0.51	0.83	0.75	-0.08	0.5	0.6	0.2	0.82	-0.34
Retained Earnings	-0.07	0.66	-0.23	0.3	0.12	0.67		-0.32	-0.4	-0.3	-0.26	-0.42	-0.16	-0.17	0.57	-0.22	-0.21	-0.49	0.53	0.58	-0.56	0.34	0.47	0.24	0.92	-0.32
Cash	0.12	-0.13	0.99	-0.05	0.09	-0.69	-0.32		0.96	1.0	-0.46	0.58	0.08	0.94	-0.34	0.4	0.46	0.47	-0.43	-0.13	-0.07	-0.35	0.0	-0.01	-0.43	0.61
Non Current Assets Total	0.34	-0.1	0.93	0.16	0.27	-0.65	-0.4	0.96		0.94	-0.21	0.75	0.31	0.93	-0.33	0.47	0.66	0.62	-0.37	-0.15	0.16	-0.45	0.11	0.13	-0.42	0.78
Non Currrent Assets Other	0.06	-0.13	0.99	-0.1	0.04	-0.69	-0.3	1.0	0.94		-0.51	0.53	0.01	0.94	-0.34	0.37	0.4	0.41	-0.44	-0.12	-0.1	-0.32	-0.03	-0.03	-0.43	0.55
Cash And Short Term Investments	0.65	0.02	-0.52	0.59	0.5	0.29	-0.26	-0.46	-0.21	-0.51		0.36	0.73	-0.39	0.05	0.08	0.47	0.41	0.25	-0.09	0.73	-0.24	0.26	0.33	0.05	0.35
Net Receivables	0.78	-0.05	0.5	0.58	0.57	-0.38	-0.42	0.58	0.75	0.53	0.36		0.77	0.62	-0.19	0.6	0.94	0.84	-0.11	-0.21	0.53	-0.66	0.37	0.47	-0.25	0.97
Common Stock Shares Outstanding	0.98	0.14	0.0	0.87	0.84	0.05	-0.16	0.08	0.31	0.01	0.73	0.77		0.18	0.01	0.36	0.87	0.72	0.17	-0.07	0.64	-0.51	0.51	0.57	0.1	0.8
Non Current Liabilities Total	0.24	0.01	0.93	0.16	0.26	-0.56	-0.17	0.94	0.93	0.94	-0.39	0.62	0.18		-0.27	0.5	0.55	0.42	-0.35	-0.11	0.02	-0.4	0.1	0.3	-0.22	0.65
Other Current Assets	0.1	0.79	-0.23	0.32	0.28	0.78	0.57	-0.34	-0.33	-0.34	0.05	-0.19	0.01	-0.27		-0.34	-0.04	-0.48	0.98	0.78	-0.04	0.37	0.65	0.07	0.71	-0.17
Other Stockholder Equity	0.43	-0.03	0.35	0.3	0.43	-0.27	-0.22	0.4	0.47	0.37	0.08	0.6	0.36	0.5	-0.34		0.55	0.53	-0.3	-0.23	0.32	-0.18	0.15	0.46	-0.09	0.57
Total Liab	0.89	0.18	0.4	0.78	0.75	-0.15	-0.21	0.46	0.66	0.4	0.47	0.94	0.87	0.55	-0.04	0.55		0.81	0.06	-0.02	0.5	-0.54	0.54	0.55	0.0	0.97
Property Plant And Equipment Gross	0.68	-0.31	0.36	0.43	0.46	-0.51	-0.49	0.47	0.62	0.41	0.41	0.84	0.72	0.42	-0.48	0.53	0.81		-0.36	-0.39	0.41	-0.57	0.11	0.19	-0.39	0.87
Total Current Assets	0.24	0.78	-0.34	0.45	0.38	0.83	0.53	-0.43	-0.37	-0.44	0.25	-0.11	0.17	-0.35	0.98	-0.3	0.06	-0.36		0.76	0.08	0.31	0.72	0.13	0.72	-0.09
Short Term Debt	0.03	0.93	0.02	0.19	0.23	0.75	0.58	-0.13	-0.15	-0.12	-0.09	-0.21	-0.07	-0.11	0.78	-0.23	-0.02	-0.39	0.76		-0.31	0.56	0.73	-0.1	0.6	-0.14
Other Liab	0.58	-0.16	-0.14	0.44	0.52	-0.08	-0.56	-0.07	0.16	-0.1	0.73	0.53	0.64	0.02	-0.04	0.32	0.5	0.41	0.08	-0.31		-0.33	0.05	0.39	-0.21	0.48
Accounts Payable	-0.45	0.4	-0.24	-0.35	-0.15	0.5	0.34	-0.35	-0.45	-0.32	-0.24	-0.66	-0.51	-0.4	0.37	-0.18	-0.54	-0.57	0.31	0.56	-0.33		-0.02	-0.45	0.3	-0.58
Other Assets	0.62	0.83	0.07	0.72	0.63	0.6	0.47	0.0	0.11	-0.03	0.26	0.37	0.51	0.1	0.65	0.15	0.54	0.11	0.72	0.73	0.05	-0.02		0.39	0.62	0.39
Long Term Debt	0.6	0.27	-0.04	0.74	0.6	0.2	0.24	-0.01	0.13	-0.03	0.33	0.47	0.57	0.3	0.07	0.46	0.55	0.19	0.13	-0.1	0.39	-0.45	0.39		0.45	0.45
Good Will	0.19	0.77	-0.35	0.55	0.4	0.82	0.92	-0.43	-0.42	-0.43	0.05	-0.25	0.1	-0.22	0.71	-0.09	0.0	-0.39	0.72	0.6	-0.21	0.3	0.62	0.45		-0.15
Common Stock Total Equity	0.81	0.03	0.54	0.65	0.66	-0.34	-0.32	0.61	0.78	0.55	0.35	0.97	0.8	0.65	-0.17	0.57	0.97	0.87	-0.09	-0.14	0.48	-0.58	0.39	0.45	-0.15

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Berkshire Hills Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berkshire Hills in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berkshire Hills' short interest history, or implied volatility extrapolated from Berkshire Hills options trading.

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

0.86	AX	Axos Financial Earnings Call This Week	Pair Corr
0.91	BY	Byline Bancorp Earnings Call This Week	Pair Corr

Moving against Berkshire Stock

0.63	TECTP	Tectonic Financial	Pair Corr
0.62	NU	Nu Holdings Financial Report 20th of May 2024	Pair Corr
0.56	KB	KB Financial Group Earnings Call This Week	Pair Corr
0.54	WF	Woori Financial Group Financial Report 21st of May 2024	Pair Corr
0.54	CFG-PD	Citizens Financial	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:

How To Invest In Berkshire

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Is Berkshire Stock a good investment?

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What is Berkshire Hills' Net Worth?

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
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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.

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Berkshire Operating Income vs Free Cash Flow per Share Analysis

Operating Income vs Free Cash Flow Per Share

Operating Income vs Free Cash Flow per Share Correlation Analysis

Correlation Coefficient

Operating Income

Free Cash Flow Per Share

Berkshire Hills fundamental ratios Correlations

Berkshire Hills Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Berkshire Hills fundamental ratios Accounts

Pair Trading with Berkshire Hills

Moving together with Berkshire Stock

Moving against Berkshire Stock

Complementary Tools for Berkshire Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Currrent Assets Other	+ 1.0	Cash
Cash	+ 0.99	Total Current Liabilities
Non Currrent Assets Other	+ 0.99	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Other Current Assets
Common Stock Total Equity	+ 0.97	Net Receivables

Non Currrent Assets Other	- 0.69	Net Debt
Cash	- 0.69	Net Debt
Accounts Payable	- 0.66	Net Receivables
Non Current Assets Total	- 0.65	Net Debt
Net Debt	- 0.59	Total Current Liabilities
Common Stock Total Equity	- 0.58	Accounts Payable