Clarivate Plc Preferred Stock EBITDA
| CLVT-PA Preferred Stock | USD 27.57 0.27 0.97% |
Clarivate Plc fundamentals help investors to digest information that contributes to Clarivate Plc's financial success or failures. It also enables traders to predict the movement of Clarivate Preferred Stock. The fundamental analysis module provides a way to measure Clarivate Plc'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 Clarivate Plc preferred stock.
Clarivate |
Clarivate Plc Company EBITDA Analysis
Clarivate Plc's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Clarivate Plc EBITDA | 1.3 B |
Most of Clarivate Plc's fundamental indicators, such as EBITDA, 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, Clarivate Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Clarivate Plc reported earnings before interest,tax, depreciation and amortization of 1.3 B. This is 40.55% higher than that of the Software sector and 10.97% lower than that of the Information Technology industry. The ebitda for all United States preferred stocks is 66.64% higher than that of the company.
Clarivate EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clarivate Plc's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Clarivate Plc could also be used in its relative valuation, which is a method of valuing Clarivate Plc by comparing valuation metrics of similar companies.Clarivate Plc is currently under evaluation in ebitda category among related companies.
Clarivate Fundamentals
| Return On Equity | -0.46 | ||||
| Return On Asset | 0.0098 | ||||
| Profit Margin | (1.60) % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 27.12 B | ||||
| Shares Owned By Institutions | 100.00 % | ||||
| Number Of Shares Shorted | 57.04 K | ||||
| Revenue | 2.66 B | ||||
| Gross Profit | 1.71 B | ||||
| EBITDA | 1.3 B | ||||
| Net Income | (3.96 B) | ||||
| Cash And Equivalents | 359.7 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 5.1 B | ||||
| Debt To Equity | 0.51 % | ||||
| Current Ratio | 0.82 X | ||||
| Book Value Per Share | 8.20 X | ||||
| Cash Flow From Operations | 509.3 M | ||||
| Short Ratio | 3.61 X | ||||
| Earnings Per Share | (0.51) X | ||||
| Number Of Employees | 11.6 K | ||||
| Beta | 1.16 | ||||
| Total Asset | 13.94 B | ||||
| Retained Earnings | (5.66 B) | ||||
| Working Capital | (164.6 M) | ||||
| Z Score | -0.08 | ||||
| Annual Yield | 0.16 % | ||||
| Net Asset | 13.94 B |
About Clarivate Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clarivate Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clarivate Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clarivate Plc 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.
Pair Trading with Clarivate Plc
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 Clarivate Plc 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 Clarivate Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Clarivate Preferred Stock
| 0.78 | G | Genpact Limited Earnings Call This Week | PairCorr |
| 0.78 | DMRC | Digimarc | PairCorr |
Moving against Clarivate Preferred Stock
| 0.83 | FIS | Fidelity National Earnings Call This Week | PairCorr |
| 0.65 | DTST | Data Storage Corp | PairCorr |
| 0.61 | JFU | 9F Inc Report 21st of May 2024 | PairCorr |
| 0.55 | FI | Fiserv Inc Symbol Change | PairCorr |
| 0.51 | GDS | GDS Holdings Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Clarivate Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clarivate Plc 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 Clarivate Plc - 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 Clarivate Plc to buy it.
The correlation of Clarivate Plc 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 Clarivate Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clarivate Plc 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 Clarivate Plc 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 Clarivate Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Clarivate Preferred Stock refer to our How to Trade Clarivate Preferred Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Clarivate Preferred Stock analysis
When running Clarivate Plc's price analysis, check to measure Clarivate Plc'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 Clarivate Plc is operating at the current time. Most of Clarivate Plc's value examination focuses on studying past and present price action to predict the probability of Clarivate Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clarivate Plc's price. Additionally, you may evaluate how the addition of Clarivate Plc to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Stocks Directory Find actively traded stocks across global markets |