Coastal Financial Corp Stock Price To Earning
| CCB Stock | USD 40.60 0.59 1.43% |
Coastal Financial Corp fundamentals help investors to digest information that contributes to Coastal Financial's financial success or failures. It also enables traders to predict the movement of Coastal Stock. The fundamental analysis module provides a way to measure Coastal Financial'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 Coastal Financial stock.
Coastal | Price To Earning |
Coastal Financial Corp Company Price To Earning Analysis
Coastal Financial'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 Coastal Financial Price To Earning | 32.41 X |
Most of Coastal Financial'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, Coastal Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Coastal Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Coastal Financial is extremely important. It helps to project a fair market value of Coastal Stock properly, considering its historical fundamentals such as Price To Earning. Since Coastal Financial'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 Coastal Financial'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 Coastal Financial's 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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Coastal Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Coastal Financial Corp has a Price To Earning of 32.41 times. This is 77.3% higher than that of the Banks sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 12.85% lower than that of the firm.
Coastal Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Coastal Financial'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 Coastal Financial could also be used in its relative valuation, which is a method of valuing Coastal Financial by comparing valuation metrics of similar companies.Coastal Financial is currently under evaluation in price to earning category among related companies.
Coastal Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Coastal Financial from analyzing Coastal Financial's financial statements. These drivers represent accounts that assess Coastal Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Coastal Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 159.0M | 195.9M | 608.6M | 615.3M | 589.0M | 618.4M | |
| Enterprise Value | 66.8M | 100.4M | (145.4M) | 326.0M | 159.7M | 83.7M |
Coastal Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0129 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 121.96 M | |||
| Shares Outstanding | 13.39 M | |||
| Shares Owned By Insiders | 18.59 % | |||
| Shares Owned By Institutions | 61.00 % | |||
| Number Of Shares Shorted | 438.93 K | |||
| Price To Earning | 32.41 X | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 1.96 X | |||
| Revenue | 330.37 M | |||
| Gross Profit | 217.4 M | |||
| EBITDA | 57.13 M | |||
| Net Income | 44.58 M | |||
| Cash And Equivalents | 405.69 M | |||
| Cash Per Share | 31.33 X | |||
| Total Debt | 53.86 M | |||
| Debt To Equity | 10.15 % | |||
| Book Value Per Share | 22.17 X | |||
| Cash Flow From Operations | 196.51 M | |||
| Short Ratio | 7.33 X | |||
| Earnings Per Share | 3.27 X | |||
| Target Price | 54.13 | |||
| Number Of Employees | 507 | |||
| Beta | 1.17 | |||
| Market Capitalization | 551.44 M | |||
| Total Asset | 3.78 B | |||
| Retained Earnings | 165.31 M | |||
| Net Asset | 3.78 B |
About Coastal Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Coastal Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coastal Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coastal Financial Corp 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 Coastal Financial 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, Coastal Financial's short interest history, or implied volatility extrapolated from Coastal Financial options trading.
Pair Trading with Coastal Financial
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 Coastal Financial 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 Coastal Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Coastal Stock
| 0.77 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.81 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.68 | PB | Prosperity Bancshares Normal Trading | PairCorr |
Moving against Coastal Stock
| 0.69 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
| 0.69 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.6 | NU | Nu Holdings Aggressive Push | PairCorr |
| 0.43 | TFC-PI | Truist Financial | PairCorr |
The ability to find closely correlated positions to Coastal Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coastal Financial 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 Coastal Financial - 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 Coastal Financial Corp to buy it.
The correlation of Coastal Financial 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 Coastal Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coastal Financial Corp 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 Coastal Financial 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 Coastal Financial Piotroski F Score and Coastal Financial Altman Z Score analysis. Note that the Coastal Financial Corp information on this page should be used as a complementary analysis to other Coastal Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Coastal Stock analysis
When running Coastal Financial's price analysis, check to measure Coastal Financial'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 Coastal Financial is operating at the current time. Most of Coastal Financial's value examination focuses on studying past and present price action to predict the probability of Coastal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coastal Financial's price. Additionally, you may evaluate how the addition of Coastal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Coastal Financial'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 Coastal Financial. If investors know Coastal 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 Coastal Financial 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 (0.32) | Earnings Share 3.27 | Revenue Per Share 19.749 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0129 |
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial'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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial'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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial'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.