First Trust High Stock Price To Earning
| FTHY Stock | USD 14.73 0.09 0.61% |
First Trust High fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Trust'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 First Trust stock.
First | Price To Earning |
First Trust High Company Price To Earning Analysis
First Trust's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current First Trust Price To Earning | 27.08 X |
Most of First Trust's fundamental indicators, such as Price To Earning, 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, First Trust High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for First Trust is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Price To Earning. Since First Trust's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Trust's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Trust's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
First Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, First Trust High has a Price To Earning of 27.08 times. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is notably lower than that of the firm.
First Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in price to earning category among its peers.
First Fundamentals
| Shares Outstanding | 36.77 M | ||||
| Shares Owned By Insiders | 5.70 % | ||||
| Shares Owned By Institutions | 48.76 % | ||||
| Number Of Shares Shorted | 10.27 K | ||||
| Price To Earning | 27.08 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 9.96 X | ||||
| Total Debt | 131 M | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | 1.47 X | ||||
| Market Capitalization | 544.98 M | ||||
| Total Asset | 703.21 M | ||||
| Retained Earnings | (127.42 M) | ||||
| Annual Yield | 0.12 % | ||||
| Net Asset | 703.21 M |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust High 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.