Cit Group Stock Price To Sales
CIT Group fundamentals help investors to digest information that contributes to CIT's financial success or failures. It also enables traders to predict the movement of CIT Stock. The fundamental analysis module provides a way to measure CIT's 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 CIT stock.
CIT |
CIT Group Company Price To Sales Analysis
CIT's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current CIT Price To Sales | 1.91 X |
Most of CIT's fundamental indicators, such as Price To Sales, 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, CIT Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, CIT Group has a Price To Sales of 1.91 times. This is 11.57% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The price to sales for all United States stocks is 83.27% higher than that of the company.
CIT Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CIT's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CIT could also be used in its relative valuation, which is a method of valuing CIT by comparing valuation metrics of similar companies.CIT is currently under evaluation in price to sales category among its peers.
CIT Fundamentals
Return On Equity | 11.98 | |||
Return On Asset | 1.24 | |||
Profit Margin | 25.80 % | |||
Operating Margin | 41.40 % | |||
Current Valuation | 7.13 B | |||
Shares Outstanding | 99.17 M | |||
Shares Owned By Insiders | 1.09 % | |||
Shares Owned By Institutions | 94.43 % | |||
Number Of Shares Shorted | 5.72 M | |||
Price To Earning | 7.78 X | |||
Price To Book | 0.94 X | |||
Price To Sales | 1.91 X | |||
Revenue | 2.77 B | |||
Gross Profit | 1.62 B | |||
EBITDA | 901.42 M | |||
Net Income | 684.7 M | |||
Cash And Equivalents | 4.87 B | |||
Cash Per Share | 49.14 X | |||
Total Debt | 6.17 B | |||
Debt To Equity | 1.69 % | |||
Book Value Per Share | 56.97 X | |||
Cash Flow From Operations | 923.2 M | |||
Short Ratio | 11.84 X | |||
Earnings Per Share | 6.88 X | |||
Price To Earnings To Growth | 0.66 X | |||
Number Of Employees | 3.81 K | |||
Beta | 1.47 | |||
Market Capitalization | 5.31 B | |||
Total Asset | 67.4 B | |||
Retained Earnings | 1.99 B | |||
Five Year Return | 2.76 % | |||
Last Dividend Paid | 1.4 |
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities 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 gross domestic product. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group 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 CIT's history and understand the potential risks before investing.
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