Esquire Financial Holdings Stock Z Score
| ESQ Stock | USD 46.95 0.14 0.30% |
Esquire | Z Score |
Esquire Financial Holdings Company Z Score Analysis
Esquire Financial's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Esquire Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Esquire Financial is extremely important. It helps to project a fair market value of Esquire Stock properly, considering its historical fundamentals such as Z Score. Since Esquire 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 Esquire 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 Esquire Financial's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
According to the company's disclosures, Esquire Financial Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Esquire Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Esquire Financial's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Esquire Financial could also be used in its relative valuation, which is a method of valuing Esquire Financial by comparing valuation metrics of similar companies.Esquire Financial is currently under evaluation in z score category among related companies.
Esquire Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Esquire Financial from analyzing Esquire Financial's financial statements. These drivers represent accounts that assess Esquire Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Esquire Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 192.6M | 142.2M | 235.3M | 330.4M | 385.5M | 404.8M | |
| Enterprise Value | 130.9M | 77.1M | 89.1M | 169.1M | 222.5M | 233.6M |
Esquire Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Esquire Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Esquire Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Esquire Financial's value.| Shares | Maltese Capital Management Llc | 2023-12-31 | 100 K | Boothbay Fund Management, Llc | 2023-12-31 | 85 K | American Century Companies Inc | 2023-12-31 | 81.5 K | First Manhattan Co. Llc | 2023-12-31 | 80 K | Gator Capital Management, Llc | 2023-12-31 | 72.2 K | Elizabeth Park Capital Advisors, Ltd | 2023-12-31 | 71.2 K | Amvescap Plc. | 2023-12-31 | 63.9 K | Northern Trust Corp | 2023-12-31 | 61.9 K | Grandeur Peak Global Advisors, Llc | 2023-12-31 | 57.1 K | Wasatch Advisors Lp | 2023-12-31 | 585.7 K | Blackrock Inc | 2023-12-31 | 525.7 K |
Esquire Fundamentals
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0272 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.50 % | |||
| Current Valuation | 200.54 M | |||
| Shares Outstanding | 8.29 M | |||
| Shares Owned By Insiders | 17.40 % | |||
| Shares Owned By Institutions | 55.82 % | |||
| Number Of Shares Shorted | 246 K | |||
| Price To Earning | 24.73 X | |||
| Price To Book | 1.92 X | |||
| Price To Sales | 3.50 X | |||
| Revenue | 109 M | |||
| Gross Profit | 80.78 M | |||
| EBITDA | (55.88 M) | |||
| Net Income | 41.01 M | |||
| Cash And Equivalents | 232.35 M | |||
| Cash Per Share | 30.43 X | |||
| Total Debt | 2.18 M | |||
| Debt To Equity | 5.53 % | |||
| Book Value Per Share | 25.54 X | |||
| Cash Flow From Operations | 42.4 M | |||
| Short Ratio | 7.08 X | |||
| Earnings Per Share | 4.91 X | |||
| Target Price | 61.67 | |||
| Number Of Employees | 140 | |||
| Beta | 0.78 | |||
| Market Capitalization | 386.2 M | |||
| Total Asset | 1.62 B | |||
| Retained Earnings | 114.26 M | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1.62 B | |||
| Last Dividend Paid | 0.48 |
About Esquire Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Esquire Financial Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Esquire Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Esquire Financial Holdings 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 Esquire 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 Esquire 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 Esquire Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Esquire Stock
| 0.69 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.61 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Esquire Stock
| 0.72 | TECTP | Tectonic Financial | PairCorr |
| 0.71 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
| 0.56 | CFG-PD | Citizens Financial | PairCorr |
| 0.49 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Esquire 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 Esquire 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 Esquire 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 Esquire Financial Holdings to buy it.
The correlation of Esquire 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 Esquire Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esquire Financial 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 Esquire 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 Esquire Financial Piotroski F Score and Esquire Financial Valuation analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Esquire Stock analysis
When running Esquire Financial's price analysis, check to measure Esquire 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 Esquire Financial is operating at the current time. Most of Esquire Financial's value examination focuses on studying past and present price action to predict the probability of Esquire 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 Esquire Financial's price. Additionally, you may evaluate how the addition of Esquire Financial to your portfolios can decrease your overall portfolio volatility.
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Is Esquire 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 Esquire Financial. If investors know Esquire 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 Esquire 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 0.068 | Dividend Share 0.475 | Earnings Share 4.91 | Revenue Per Share 14.126 | Quarterly Revenue Growth 0.154 |
The market value of Esquire Financial is measured differently than its book value, which is the value of Esquire that is recorded on the company's balance sheet. Investors also form their own opinion of Esquire Financial's value that differs from its market value or its book value, called intrinsic value, which is Esquire 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 Esquire Financial's market value can be influenced by many factors that don't directly affect Esquire 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 Esquire Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esquire Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esquire 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.