Ferrellgas Partners Lp Stock Net Income
| FGPR Stock | USD 18.40 0.40 2.13% |
Fundamental analysis of Ferrellgas Partners allows traders to better anticipate movements in Ferrellgas Partners' stock price by examining its financial health and performance throughout various phases of its business cycle.
Ferrellgas |
Ferrellgas Partners LP Company Net Income Analysis
Ferrellgas Partners' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Ferrellgas Partners Net Income | 148.86 M |
Most of Ferrellgas Partners' fundamental indicators, such as Net Income, 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, Ferrellgas Partners LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Ferrellgas Partners LP reported net income of 148.86 M. This is 93.45% lower than that of the Energy sector and 99.19% lower than that of the Oil & Gas Refining & Marketing industry. The net income for all United States stocks is 73.93% higher than that of the company.
Ferrellgas Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ferrellgas Partners' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ferrellgas Partners could also be used in its relative valuation, which is a method of valuing Ferrellgas Partners by comparing valuation metrics of similar companies.Ferrellgas Partners is currently under evaluation in net income category among its peers.
Ferrellgas Fundamentals
| Return On Asset | 0.0931 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 1.74 B | |||
| Shares Outstanding | 4.86 M | |||
| Shares Owned By Insiders | 29.38 % | |||
| Shares Owned By Institutions | 0.07 % | |||
| Number Of Shares Shorted | 76.94 K | |||
| Price To Earning | (1.53) X | |||
| Price To Sales | 0.12 X | |||
| Revenue | 2.11 B | |||
| Gross Profit | 929.66 M | |||
| EBITDA | 487.82 M | |||
| Net Income | 148.86 M | |||
| Cash And Equivalents | 147.53 M | |||
| Cash Per Share | 30.37 X | |||
| Total Debt | 1.45 B | |||
| Debt To Equity | (2.06) % | |||
| Current Ratio | 1.64 X | |||
| Book Value Per Share | (180.59) X | |||
| Cash Flow From Operations | 160.47 M | |||
| Short Ratio | 4.20 X | |||
| Earnings Per Share | (3.72) X | |||
| Price To Earnings To Growth | (0.04) X | |||
| Target Price | 0.5 | |||
| Number Of Employees | 10 | |||
| Beta | 3.07 | |||
| Market Capitalization | 245.61 M | |||
| Total Asset | 1.61 B | |||
| Working Capital | (804.39 M) | |||
| Current Asset | 322.69 M | |||
| Current Liabilities | 1.13 B | |||
| Z Score | 1.0 | |||
| Net Asset | 1.61 B |
About Ferrellgas Partners Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ferrellgas Partners LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ferrellgas Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ferrellgas Partners LP 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 Ferrellgas Partners
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 Ferrellgas Partners 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 Ferrellgas Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Ferrellgas Pink Sheet
Moving against Ferrellgas Pink Sheet
The ability to find closely correlated positions to Ferrellgas Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ferrellgas Partners 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 Ferrellgas Partners - 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 Ferrellgas Partners LP to buy it.
The correlation of Ferrellgas Partners 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 Ferrellgas Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ferrellgas Partners 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 Ferrellgas Partners 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 Ferrellgas Pink Sheet Analysis
When running Ferrellgas Partners' price analysis, check to measure Ferrellgas Partners' 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 Ferrellgas Partners is operating at the current time. Most of Ferrellgas Partners' value examination focuses on studying past and present price action to predict the probability of Ferrellgas Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferrellgas Partners' price. Additionally, you may evaluate how the addition of Ferrellgas Partners to your portfolios can decrease your overall portfolio volatility.