Medical Facilities Earnings Estimate

DR Stock  CAD 16.18  0.31  1.95%   
By analyzing Medical Facilities' earnings estimates, investors can diagnose different trends across Medical Facilities' analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Medical Facilities is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Medical Facilities is projected to generate 0.2725 in earnings per share on the 31st of December 2024. Medical Facilities earnings estimates module stress-tests analyst consensus about projected Medical Facilities EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Medical Facilities, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Medical Facilities' earnings estimates, investors can diagnose different trends across Medical Facilities' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Medical Facilities' Pretax Profit Margin is very stable compared to the past year. As of the 26th of November 2024, Operating Profit Margin is likely to grow to 0.30, while Gross Profit is likely to drop about 218.9 M.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Medical Facilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Medical Facilities Earnings per Share Projection vs Actual

About Medical Facilities Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Medical Facilities earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Medical Facilities estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Medical Facilities fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-262.8 M-276 M
Earnings Yield 0.11  0.06 
Price Earnings Ratio 9.24  8.78 
Price Earnings To Growth Ratio 0.13  0.13 

Pair Trading with Medical Facilities

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 Medical Facilities 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 Medical Facilities will appreciate offsetting losses from the drop in the long position's value.

Moving together with Medical Stock

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Moving against Medical Stock

  0.75PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Medical Facilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medical Facilities 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 Medical Facilities - 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 Medical Facilities to buy it.
The correlation of Medical Facilities 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 Medical Facilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medical Facilities 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 Medical Facilities 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Medical Stock

Medical Facilities financial ratios help investors to determine whether Medical Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medical with respect to the benefits of owning Medical Facilities security.