Via Renewables Preferred Stock Earnings Per Share
| VIASP Preferred Stock | USD 21.78 0.20 0.91% |
Via Renewables fundamentals help investors to digest information that contributes to Via Renewables' financial success or failures. It also enables traders to predict the movement of Via Preferred Stock. The fundamental analysis module provides a way to measure Via Renewables' 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 Via Renewables preferred stock.
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Via Renewables Company Earnings Per Share Analysis
Via Renewables' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Via Renewables Earnings Per Share | 1.17 X |
Most of Via Renewables' fundamental indicators, such as Earnings 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, Via Renewables is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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According to the company disclosure, Via Renewables has an Earnings Per Share of 1.17 times. This is 31.46% higher than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The earnings per share for all United States preferred stocks is 62.5% higher than that of the company.
Via Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Via Renewables' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Via Renewables could also be used in its relative valuation, which is a method of valuing Via Renewables by comparing valuation metrics of similar companies.Via Renewables is currently under evaluation in earnings per share category among its peers.
Via Renewables ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Via Renewables' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Via Renewables' managers, analysts, and investors.Environmental | Governance | Social |
Via Fundamentals
| Return On Equity | 0.017 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.14) % | ||||
| Current Valuation | 535.95 M | ||||
| Number Of Shares Shorted | 4.29 K | ||||
| Price To Earning | 26.83 X | ||||
| Revenue | 393.49 M | ||||
| Gross Profit | 74.67 M | ||||
| EBITDA | 33.09 M | ||||
| Net Income | 5.2 M | ||||
| Cash And Equivalents | 51.31 M | ||||
| Cash Per Share | 3.23 X | ||||
| Total Debt | 135 M | ||||
| Debt To Equity | 0.69 % | ||||
| Current Ratio | 3.49 X | ||||
| Book Value Per Share | 3.66 X | ||||
| Cash Flow From Operations | 12.7 M | ||||
| Short Ratio | 0.70 X | ||||
| Earnings Per Share | 1.17 X | ||||
| Number Of Employees | 169 | ||||
| Beta | 1.16 | ||||
| Total Asset | 355.28 M | ||||
| Z Score | 1.0 | ||||
| Annual Yield | 0.1 % | ||||
| Five Year Return | 8.97 % | ||||
| Net Asset | 355.28 M | ||||
| Last Dividend Paid | 0.73 |
About Via Renewables Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Via Renewables's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Via Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Via Renewables 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 Via Renewables
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 Via Renewables 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 Via Renewables will appreciate offsetting losses from the drop in the long position's value.Moving against Via Preferred Stock
The ability to find closely correlated positions to Via Renewables could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Via Renewables 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 Via Renewables - 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 Via Renewables to buy it.
The correlation of Via Renewables 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 Via Renewables moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Via Renewables 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 Via Renewables 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.Additional Tools for Via Preferred Stock Analysis
When running Via Renewables' price analysis, check to measure Via Renewables' 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 Via Renewables is operating at the current time. Most of Via Renewables' value examination focuses on studying past and present price action to predict the probability of Via Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Via Renewables' price. Additionally, you may evaluate how the addition of Via Renewables to your portfolios can decrease your overall portfolio volatility.