Charles River Laboratories Stock Price To Sales
| CRL Stock | USD 229.89 2.80 1.20% |
Charles River Laboratories fundamentals help investors to digest information that contributes to Charles River's financial success or failures. It also enables traders to predict the movement of Charles Stock. The fundamental analysis module provides a way to measure Charles River'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 Charles River stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 2.51 | 2.05 |
Charles | Price To Sales |
Charles River Laboratories Company Price To Sales Analysis
Charles River's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Charles River Price To Sales | 3.01 X |
Most of Charles River's fundamental indicators, such as Price To Sales, 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, Charles River Laboratories is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Charles Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Charles River is extremely important. It helps to project a fair market value of Charles Stock properly, considering its historical fundamentals such as Price To Sales. Since Charles River'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 Charles River'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 Charles River's interrelated accounts and indicators.
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Charles Price To Sales Historical Pattern
Today, most investors in Charles River Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Charles River's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Charles River price to sales as a starting point in their analysis.
Charles River Price To Sales |
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Charles Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Charles River Laboratories has a Price To Sales of 3.0105 times. This is 85.93% lower than that of the Life Sciences Tools & Services sector and 74.07% lower than that of the Health Care industry. The price to sales for all United States stocks is 73.64% higher than that of the company.
Charles Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Charles River's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Charles River could also be used in its relative valuation, which is a method of valuing Charles River by comparing valuation metrics of similar companies.Charles River is currently under evaluation in price to sales category among related companies.
Charles Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0519 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 14.67 B | ||||
| Shares Outstanding | 51.51 M | ||||
| Shares Owned By Insiders | 0.97 % | ||||
| Shares Owned By Institutions | 99.03 % | ||||
| Number Of Shares Shorted | 1.91 M | ||||
| Price To Earning | 33.74 X | ||||
| Price To Book | 3.46 X | ||||
| Price To Sales | 3.01 X | ||||
| Revenue | 4.13 B | ||||
| Gross Profit | 1.46 B | ||||
| EBITDA | 1.03 B | ||||
| Net Income | 480.37 M | ||||
| Cash And Equivalents | 233.91 M | ||||
| Cash Per Share | 3.96 X | ||||
| Total Debt | 3.07 B | ||||
| Debt To Equity | 1.27 % | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 70.06 X | ||||
| Cash Flow From Operations | 683.9 M | ||||
| Short Ratio | 4.18 X | ||||
| Earnings Per Share | 9.23 X | ||||
| Price To Earnings To Growth | 1.87 X | ||||
| Target Price | 270.8 | ||||
| Number Of Employees | 20.4 K | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 11.8 B | ||||
| Total Asset | 8.2 B | ||||
| Retained Earnings | 1.89 B | ||||
| Working Capital | 553.58 M | ||||
| Current Asset | 559.23 M | ||||
| Current Liabilities | 311.76 M | ||||
| Net Asset | 8.2 B |
About Charles River Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Charles River Laboratories's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Charles River using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Charles River Laboratories 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.
Charles River Investors Sentiment
The influence of Charles River's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Charles. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Charles River's public news can be used to forecast risks associated with an investment in Charles. The trend in average sentiment can be used to explain how an investor holding Charles can time the market purely based on public headlines and social activities around Charles River Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Charles River's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Charles River's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Charles River's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Charles River.
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 Charles River 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, Charles River's short interest history, or implied volatility extrapolated from Charles River options trading.
Pair Trading with Charles River
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 Charles River 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 Charles River will appreciate offsetting losses from the drop in the long position's value.Moving together with Charles Stock
| 0.69 | VKTX | Viking Therapeutics | PairCorr |
Moving against Charles Stock
| 0.63 | OVID | Ovid Therapeutics Financial Report 3rd of May 2024 | PairCorr |
| 0.46 | JAGX | Jaguar Animal Health Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Charles River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles River 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 Charles River - 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 Charles River Laboratories to buy it.
The correlation of Charles River 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 Charles River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles River Labora 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 Charles River 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 Charles River Piotroski F Score and Charles River Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Charles Stock analysis
When running Charles River's price analysis, check to measure Charles River'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 Charles River is operating at the current time. Most of Charles River's value examination focuses on studying past and present price action to predict the probability of Charles River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles River's price. Additionally, you may evaluate how the addition of Charles River to your portfolios can decrease your overall portfolio volatility.
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Is Charles River'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 Charles River. If investors know Charles 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 Charles River 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 (0.01) | Earnings Share 9.23 | Revenue Per Share 80.61 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0519 |
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.