Redfin Corp Stock Cash Per Share
| RDFNDelisted Stock | USD 11.19 0.18 1.58% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Redfin Corp's long-term financial health and intrinsic value.
Redfin |
Redfin Corp Company Cash Per Share Analysis
Redfin Corp's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Redfin Corp Cash Per Share | 4.36 X |
Most of Redfin Corp's fundamental indicators, such as Cash Per Share, 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, Redfin Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
CompetitionIn accordance with the recently published financial statements, Redfin Corp has a Cash Per Share of 4.36 times. This is 139.56% higher than that of the Real Estate Management & Development sector and 27.49% higher than that of the Real Estate industry. The cash per share for all United States stocks is 12.97% higher than that of the company.
Redfin Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Redfin Corp's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Redfin Corp could also be used in its relative valuation, which is a method of valuing Redfin Corp by comparing valuation metrics of similar companies.Redfin Corp is currently under evaluation in cash per share category among its peers.
Redfin Fundamentals
| Return On Equity | -14.76 | ||||
| Return On Asset | -0.0855 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 2.27 B | ||||
| Shares Outstanding | 128.03 M | ||||
| Shares Owned By Insiders | 4.10 % | ||||
| Shares Owned By Institutions | 67.41 % | ||||
| Number Of Shares Shorted | 27.23 M | ||||
| Price To Earning | (3.35) X | ||||
| Price To Book | 269.90 X | ||||
| Price To Sales | 1.38 X | ||||
| Revenue | 1.04 B | ||||
| Gross Profit | 364.02 M | ||||
| EBITDA | (106.8 M) | ||||
| Net Income | (164.8 M) | ||||
| Cash And Equivalents | 473.25 M | ||||
| Cash Per Share | 4.36 X | ||||
| Total Debt | 994.9 M | ||||
| Debt To Equity | 7.97 % | ||||
| Current Ratio | 2.00 X | ||||
| Book Value Per Share | (1.23) X | ||||
| Cash Flow From Operations | (32.31 M) | ||||
| Short Ratio | 3.94 X | ||||
| Earnings Per Share | (1.52) X | ||||
| Target Price | 9.97 | ||||
| Number Of Employees | 4 K | ||||
| Beta | 2.37 | ||||
| Market Capitalization | 1.43 B | ||||
| Total Asset | 1.01 B | ||||
| Retained Earnings | (988.13 M) | ||||
| Working Capital | 42.88 M | ||||
| Current Asset | 359.38 M | ||||
| Current Liabilities | 38.51 M | ||||
| Net Asset | 1.01 B |
About Redfin Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Redfin Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Redfin Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Redfin 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.
Pair Trading with Redfin Corp
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 Redfin Corp 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 Redfin Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Redfin Stock
Moving against Redfin Stock
The ability to find closely correlated positions to Redfin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redfin Corp 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 Redfin Corp - 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 Redfin Corp to buy it.
The correlation of Redfin Corp 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 Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin 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 Redfin Corp 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Redfin Stock
If you are still planning to invest in Redfin Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Redfin Corp's history and understand the potential risks before investing.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| CEOs Directory Screen CEOs from public companies around the world |