Alto Ingredients Stock Price To Earning
| ALTO Stock | USD 1.90 0.02 1.06% |
Alto Ingredients fundamentals help investors to digest information that contributes to Alto Ingredients' financial success or failures. It also enables traders to predict the movement of Alto Stock. The fundamental analysis module provides a way to measure Alto Ingredients' 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 Alto Ingredients stock.
Alto | Price To Earning |
Alto Ingredients Company Price To Earning Analysis
Alto Ingredients' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Alto Ingredients Price To Earning | 7.22 X |
Most of Alto Ingredients' fundamental indicators, such as Price To Earning, 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, Alto Ingredients is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alto Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Alto Ingredients is extremely important. It helps to project a fair market value of Alto Stock properly, considering its historical fundamentals such as Price To Earning. Since Alto Ingredients' 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 Alto Ingredients' 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 Alto Ingredients' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Alto Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Alto Ingredients has a Price To Earning of 7.22 times. This is 93.11% lower than that of the Oil, Gas & Consumable Fuels sector and 77.67% lower than that of the Energy industry. The price to earning for all United States stocks is 74.86% higher than that of the company.
Alto Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alto Ingredients' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alto Ingredients could also be used in its relative valuation, which is a method of valuing Alto Ingredients by comparing valuation metrics of similar companies.Alto Ingredients is currently under evaluation in price to earning category among related companies.
Alto Fundamentals
| Return On Equity | -0.0953 | ||||
| Return On Asset | -0.0228 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 219.27 M | ||||
| Shares Outstanding | 76.63 M | ||||
| Shares Owned By Insiders | 4.79 % | ||||
| Shares Owned By Institutions | 44.77 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | 7.22 X | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 0.13 X | ||||
| Revenue | 1.22 B | ||||
| Gross Profit | (27.55 M) | ||||
| EBITDA | 14.1 M | ||||
| Net Income | (28 M) | ||||
| Cash And Equivalents | 57.38 M | ||||
| Cash Per Share | 0.77 X | ||||
| Total Debt | 105.46 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 2.88 X | ||||
| Book Value Per Share | 3.69 X | ||||
| Cash Flow From Operations | 22.02 M | ||||
| Short Ratio | 2.00 X | ||||
| Earnings Per Share | (0.40) X | ||||
| Price To Earnings To Growth | 0.61 X | ||||
| Target Price | 4.75 | ||||
| Number Of Employees | 460 | ||||
| Beta | 1.89 | ||||
| Market Capitalization | 145.6 M | ||||
| Total Asset | 462.9 M | ||||
| Retained Earnings | (763.91 M) | ||||
| Working Capital | 103.48 M | ||||
| Net Asset | 462.9 M |
About Alto Ingredients Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alto Ingredients's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alto Ingredients using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alto Ingredients 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.
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 Alto Ingredients 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, Alto Ingredients' short interest history, or implied volatility extrapolated from Alto Ingredients options trading.
Pair Trading with Alto Ingredients
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 Alto Ingredients 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 Alto Ingredients will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alto Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alto Ingredients 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 Alto Ingredients - 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 Alto Ingredients to buy it.
The correlation of Alto Ingredients 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 Alto Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alto Ingredients 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 Alto Ingredients 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 Alto Ingredients Piotroski F Score and Alto Ingredients Altman Z Score analysis. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Alto Stock analysis
When running Alto Ingredients' price analysis, check to measure Alto Ingredients' 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 Alto Ingredients is operating at the current time. Most of Alto Ingredients' value examination focuses on studying past and present price action to predict the probability of Alto Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Ingredients' price. Additionally, you may evaluate how the addition of Alto Ingredients to your portfolios can decrease your overall portfolio volatility.
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Is Alto Ingredients' 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 Alto Ingredients. If investors know Alto 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 Alto Ingredients 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 (0.66) | Earnings Share (0.40) | Revenue Per Share 16.675 | Quarterly Revenue Growth (0.17) | Return On Assets (0.02) |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' 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 Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' 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 Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' 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.