First Trust Financials

FTHY Stock  USD 14.89  0.17  1.15%   
Based on the key indicators related to First Trust's liquidity, profitability, solvency, and operating efficiency, First Trust High is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, First Trust's Short and Long Term Debt Total is fairly stable compared to the past year. Total Current Liabilities is likely to rise to about 8.2 M in 2024, whereas Total Assets are likely to drop slightly above 687 M in 2024. Key indicators impacting First Trust's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.810.983
Significantly Down
Pretty Stable
Current Ratio2.131.11
Way Up
Slightly volatile
The financial analysis of First Trust is a critical element in measuring its lifeblood. Investors should not minimize First Trust's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

56.76 Million

  
Understanding current and past First Trust Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Trust's financial statements are interrelated, with each one affecting the others. For example, an increase in First Trust's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in First Trust's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Trust High. Check First Trust's Beneish M Score to see the likelihood of First Trust's management manipulating its earnings.

First Trust Stock Summary

First Trust competes with Invesco High, MFS Investment, Eaton Vance, DTF Tax, and Blackrock Muniholdings. First Trust is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Financials, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP33741Q107
LocationIllinois; U.S.A
Business Address120 East Liberty
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Phone630 765 8000
CurrencyUSD - US Dollar

First Trust Key Financial Ratios

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.
First Trust High is rated # 2 in shares outstanding category among its peers. It is one of the top stocks in shares owned by insiders category among its peers . The ratio of Shares Outstanding to Shares Owned By Insiders for First Trust High is about  6,451,404 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trust's earnings, one of the primary drivers of an investment's value.

First Trust High Systematic Risk

First Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on First Trust High correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Trust Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Trust's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Trust growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0239)

At this time, First Trust's Price Earnings To Growth Ratio is fairly stable compared to the past year.

First Trust November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Trust High. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Trust High based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Trust's daily price indicators and compare them against related drivers.

Additional Tools for First Stock Analysis

When running First Trust's price analysis, check to measure First Trust'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 First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.