Morguard Stock Target Price
| MRC Stock | CAD 115.78 2.60 2.20% |
Morguard fundamentals help investors to digest information that contributes to Morguard's financial success or failures. It also enables traders to predict the movement of Morguard Stock. The fundamental analysis module provides a way to measure Morguard'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 Morguard stock.
Morguard | Target Price |
Morguard Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Morguard's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Morguard could also be used in its relative valuation, which is a method of valuing Morguard by comparing valuation metrics of similar companies.Morguard is currently under evaluation in target price category among its peers.
Morguard Fundamentals
| Return On Equity | 0.041 | ||||
| Return On Asset | 0.0291 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.52 % | ||||
| Current Valuation | 6.34 B | ||||
| Shares Outstanding | 10.81 M | ||||
| Shares Owned By Insiders | 73.00 % | ||||
| Shares Owned By Institutions | 3.22 % | ||||
| Number Of Shares Shorted | 660 | ||||
| Price To Earning | 20.90 X | ||||
| Price To Book | 0.30 X | ||||
| Price To Sales | 1.08 X | ||||
| Revenue | 1.22 B | ||||
| Gross Profit | 526.35 M | ||||
| EBITDA | 556.36 M | ||||
| Net Income | 74.18 M | ||||
| Cash And Equivalents | 136.45 M | ||||
| Cash Per Share | 12.15 X | ||||
| Total Debt | 5.81 B | ||||
| Debt To Equity | 1.53 % | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | 380.26 X | ||||
| Cash Flow From Operations | 297.89 M | ||||
| Short Ratio | 0.39 X | ||||
| Earnings Per Share | 18.35 X | ||||
| Target Price | 140.0 | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 1.25 B | ||||
| Total Asset | 11.62 B | ||||
| Retained Earnings | 3.53 B | ||||
| Working Capital | (1.41 B) | ||||
| Current Asset | 188.92 M | ||||
| Current Liabilities | 696.22 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.36 % | ||||
| Net Asset | 11.62 B | ||||
| Last Dividend Paid | 0.6 |
About Morguard Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Morguard's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Morguard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Morguard 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 Morguard
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 Morguard 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 Morguard will appreciate offsetting losses from the drop in the long position's value.Moving together with Morguard Stock
The ability to find closely correlated positions to Morguard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard 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 Morguard - 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 Morguard to buy it.
The correlation of Morguard 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 Morguard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard 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 Morguard 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.Other Information on Investing in Morguard Stock
Morguard financial ratios help investors to determine whether Morguard 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 Morguard with respect to the benefits of owning Morguard security.