By examining the fundamental factors of Hamilton Beach and Bassett, you can assess how market fluctuations impact their stock prices and determine if combining them in a portfolio might reduce risk. Pair trading strategies could be employed by taking a long position in Bassett and a short position in Hamilton Beach. For more details, explore our [pair correlation module](#) on their relationship.
Now, let's delve into asset analysis. The asset utilization ratio indicates how much revenue a company generates per dollar of assets. Hamilton Beach boasts a ratio of 157.73%, meaning it earns $1.58 for every dollar of assets. This high ratio suggests that Hamilton Beach is effectively using its assets in daily operations.
Key Points
Considering Hamilton Beach Brands, the stock's recent quote of
14.67 suggests a potential upside of 5.34% against the Wall Street target price of
13. However, with a maximum drawdown of 35.66%, investors should weigh the risks carefully, especially when compared to other opportunities like Bassett Furniture Industries.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Hamilton or Bassett is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
understanding Hamilton Beach dividends
A dividend is the distribution of a portion of Hamilton Beach earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Hamilton Beach dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Hamilton one year expected dividend income is about USD0.37 per share.
At present, Hamilton Beach's
Dividend Yield is projected to slightly decrease based on the last few years of reporting. The current year's
Dividend Paid And Capex Coverage Ratio is expected to grow to 10.91, whereas
Dividends Paid is projected to grow to (6
M).
Investing in dividend-paying stocks, such as Hamilton Beach Brands is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Hamilton Beach must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Hamilton Beach. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
How important is Hamilton Beach's Liquidity
Hamilton Beach
financial leverage refers to using borrowed capital as a funding source to finance Hamilton Beach Brands ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Hamilton Beach financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Hamilton Beach's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Hamilton Beach's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Hamilton Beach's total debt and its cash.
Correlation Between Hamilton and Bassett Furniture
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Hamilton Beach together with similar or unrelated positions with a negative correlation. For example, you can also add Bassett Furniture to your portfolio. If Bassett Furniture is not perfectly correlated to Hamilton Beach it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Hamilton Beach, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Hamilton Beach and Bassett Furniture in your portfolio? Please note if you are using this as a pair-trade strategy between Hamilton Beach and Bassett Furniture, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between HBB and BSET for more information.
Breaking down Hamilton Beach Further
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Let me now analyze Hamilton Beach revenue. Based on the latest financial disclosure, Hamilton Beach Brands reported 654.69
M of revenue.
This is 90.82% lower than that of the Household Durables sector and significantly higher than that of the
Consumer Discretionary industry. The revenue for all United States stocks is 93.06% higher than that of Hamilton Beach. As for Bassett Furniture we see revenue of 329.92
M, which is much higher than that of the Consumer Discretionary
| Hamilton | 654.69 Million |
| Sector | 0.0 |
| Bassett | 329.92 Million |
Risk comes from not knowing what you're doing, Warren Buffett once said, and this rings true when evaluating Hamilton Beach Brands against Bassett Furniture Industries. Hamilton Beach, with a beta of 0.31, suggests lower volatility compared to the market, yet its operating margin of just 0.02% indicates razor-thin profitability. The company's debt to equity ratio of 1.09% is modest, but a probability of bankruptcy at 16.37% might raise eyebrows for cautious investors. Meanwhile, its earnings per share of 2.41 and a price-to-earnings ratio of 4.06X could appeal to value seekers, though the risk-adjusted performance of -0.06 signals potential concerns. In contrast, Bassett Furniture may offer a steadier ride, but Hamilton Beach's current valuation of $247.3M and a potential upside of 5.34% might tempt those willing to navigate its complexities..
Will Hamilton Beach current slip continue?
Hamilton Beach Brands is currently navigating a tough phase, with its market risk-adjusted performance dropping to -0.23. This indicates the stock is not performing well relative to its risk, causing investor concern about its short-term outlook. As the company faces these challenges, investors are questioning whether this decline will continue or if a recovery is possible. It's crucial for investors to keep an eye on upcoming financial reports and market trends to assess whether Hamilton Beach can stabilize or if further declines are likely. The stock shows low volatility, with a skewness of -1.85 and kurtosis of 10.71. Understanding these volatility patterns can help investors make informed decisions, especially during market downturns, which often lead to portfolio adjustments.
The Bottom Line
Whereas some other entities in the furnishings, fixtures & appliances industry are either recovering or due for a correction, Hamilton may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither acquire nor exit any shares of Hamilton Beach at this time. The Hamilton Beach Brands risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Hamilton Beach.
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Nico Santiago is a PR Contributor to Macroaxis Editorial Board. Nico is a relatively new author here at Macroaxis and he likes to work on advertising and sponsored content and marketing for the company. Nico spends most of his time surfing when the weather is nice and he spends the rest of the year writing for various blogs and companies, as he works on his upcoming books, The Rise of the Financial Machines and Time Series Modelling with AI.
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