Cass Information Systems Stock Price To Earning
CASS Stock | USD 43.19 0.31 0.71% |
Cass Information Systems fundamentals help investors to digest information that contributes to Cass Information's financial success or failures. It also enables traders to predict the movement of Cass Stock. The fundamental analysis module provides a way to measure Cass Information's 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 Cass Information stock.
Cass | Price To Earning |
Cass Information Systems Company Price To Earning Analysis
Cass Information's 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 Cass Information Price To Earning | 17.69 X |
Most of Cass Information's 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, Cass Information Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cass Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Cass Information is extremely important. It helps to project a fair market value of Cass Stock properly, considering its historical fundamentals such as Price To Earning. Since Cass Information's 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 Cass Information's 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 Cass Information's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
Competition |
Cass Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, Cass Information Systems has a Price To Earning of 17.69 times. This is 10.61% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The price to earning for all United States stocks is 38.41% higher than that of the company.
Cass Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cass Information's 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 Cass Information could also be used in its relative valuation, which is a method of valuing Cass Information by comparing valuation metrics of similar companies.Cass Information is currently under evaluation in price to earning category among related companies.
Cass Information Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cass Information from analyzing Cass Information's financial statements. These drivers represent accounts that assess Cass Information's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cass Information's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 833.4M | 558.9M | 554.1M | 621.0M | 609.5M | 309.3M | |
Enterprise Value | 660.9M | 140.3M | 541.8M | 429.5M | 597.1M | 329.2M |
Cass Fundamentals
Return On Equity | 0.13 | ||||
Return On Asset | 0.0147 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.26 % | ||||
Current Valuation | 395.75 M | ||||
Shares Outstanding | 13.63 M | ||||
Shares Owned By Insiders | 10.67 % | ||||
Shares Owned By Institutions | 61.12 % | ||||
Number Of Shares Shorted | 201.85 K | ||||
Price To Earning | 17.69 X | ||||
Price To Book | 2.69 X | ||||
Price To Sales | 2.90 X | ||||
Revenue | 213.23 M | ||||
Gross Profit | 79.48 M | ||||
EBITDA | 41.89 M | ||||
Net Income | 30.06 M | ||||
Cash And Equivalents | 346.99 M | ||||
Cash Per Share | 25.40 X | ||||
Total Debt | 8.48 M | ||||
Debt To Equity | 0.05 % | ||||
Current Ratio | 0.95 X | ||||
Book Value Per Share | 16.96 X | ||||
Cash Flow From Operations | 36.94 M | ||||
Short Ratio | 4.61 X | ||||
Earnings Per Share | 2.19 X | ||||
Target Price | 47.0 | ||||
Number Of Employees | 1.06 K | ||||
Beta | 0.74 | ||||
Market Capitalization | 592.98 M | ||||
Total Asset | 2.48 B | ||||
Retained Earnings | 145.78 M | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.23 % | ||||
Net Asset | 2.48 B | ||||
Last Dividend Paid | 1.18 |
About Cass Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cass Information Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cass Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cass Information Systems 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 Cass Information 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, Cass Information's short interest history, or implied volatility extrapolated from Cass Information options trading.
Pair Trading with Cass Information
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 Cass Information 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 Cass Information will appreciate offsetting losses from the drop in the long position's value.Moving together with Cass Stock
0.63 | MMS | Maximus Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Cass Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cass Information 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 Cass Information - 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 Cass Information Systems to buy it.
The correlation of Cass Information 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 Cass Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cass Information Systems 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 Cass Information 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 Cass Information Piotroski F Score and Cass Information Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Cass Stock analysis
When running Cass Information's price analysis, check to measure Cass Information's 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 Cass Information is operating at the current time. Most of Cass Information's value examination focuses on studying past and present price action to predict the probability of Cass Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cass Information's price. Additionally, you may evaluate how the addition of Cass Information to your portfolios can decrease your overall portfolio volatility.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Cass Information's 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 Cass Information. If investors know Cass 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 Cass Information 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 0.02 | Dividend Share 1.18 | Earnings Share 2.19 | Revenue Per Share 15.98 | Quarterly Revenue Growth 0.052 |
The market value of Cass Information Systems is measured differently than its book value, which is the value of Cass that is recorded on the company's balance sheet. Investors also form their own opinion of Cass Information's value that differs from its market value or its book value, called intrinsic value, which is Cass Information's 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 Cass Information's market value can be influenced by many factors that don't directly affect Cass Information's 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 Cass Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cass Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cass Information's 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.