Orasure Technologies Stock Price To Earning

OSUR Stock

USD 3.62 0.02 0.55%

OraSure Technologies fundamentals help investors to digest information that contributes to OraSure Technologies' financial success or failures. It also enables traders to predict the movement of OraSure Stock. The fundamental analysis module provides a way to measure OraSure Technologies' 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 OraSure Technologies stock.

Short Long Term Debt Total Total Assets

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OraSure Technologies Company Price To Earning Analysis

OraSure Technologies' 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.

P/E

Market Value Per Share

Earnings Per Share

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Current OraSure Technologies Price To Earning

147.43 X

Most of OraSure Technologies' 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, OraSure Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

OraSure Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for OraSure Technologies is extremely important. It helps to project a fair market value of OraSure Stock properly, considering its historical fundamentals such as Price To Earning. Since OraSure Technologies' 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 OraSure Technologies' 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 OraSure Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Good Will	Capital Surpluse	Deferred Long Term Liab	Net Invested Capital	Long Term Investments	Net Working Capital	Long Term Debt Total
Total Assets		1.0	-0.72	0.13	0.75	0.86	0.88	0.98	-0.03	-0.31	0.31	0.89	0.9	-0.29	0.92	0.7	0.92	-0.89	0.89	-0.22	0.72	-0.52
Total Stockholder Equity	1.0		-0.76	0.16	0.7	0.84	0.84	0.98	-0.06	-0.34	0.31	0.89	0.88	-0.31	0.91	0.68	0.91	-0.9	0.88	-0.2	0.72	-0.55
Net Debt	-0.72	-0.76		-0.1	-0.21	-0.36	-0.41	-0.8	-0.02	0.43	0.19	-0.57	-0.64	0.24	-0.57	-0.36	-0.68	0.67	-0.73	0.38	-0.8	0.82
Retained Earnings	0.13	0.16	-0.1		0.02	0.06	-0.03	0.16	-0.63	-0.66	0.25	0.54	0.19	-0.46	0.22	0.34	0.14	-0.12	0.35	0.06	0.29	-0.28
Accounts Payable	0.75	0.7	-0.21	0.02		0.9	0.94	0.69	0.11	-0.14	0.26	0.7	0.77	-0.22	0.75	0.66	0.76	-0.62	0.69	-0.29	0.48	-0.08
Net Receivables	0.86	0.84	-0.36	0.06	0.9		0.91	0.84	-0.08	-0.25	0.46	0.8	0.75	-0.3	0.84	0.57	0.81	-0.81	0.69	-0.27	0.54	-0.24
Total Liab	0.88	0.84	-0.41	-0.03	0.94	0.91		0.82	0.14	-0.11	0.26	0.76	0.9	-0.16	0.82	0.74	0.84	-0.7	0.79	-0.3	0.57	-0.25
Total Current Assets	0.98	0.98	-0.8	0.16	0.69	0.84	0.82		-0.08	-0.44	0.23	0.88	0.87	-0.35	0.88	0.61	0.9	-0.91	0.87	-0.34	0.78	-0.63
Short Term Debt	-0.03	-0.06	-0.02	-0.63	0.11	-0.08	0.14	-0.08		0.62	-0.46	-0.27	0.07	0.13	-0.17	0.09	-0.02	0.22	-0.03	-0.25	0.01	0.03
Intangible Assets	-0.31	-0.34	0.43	-0.66	-0.14	-0.25	-0.11	-0.44	0.62		-0.15	-0.55	-0.28	0.46	-0.36	-0.02	-0.35	0.5	-0.35	0.26	-0.43	0.5
Short Term Investments	0.31	0.31	0.19	0.25	0.26	0.46	0.26	0.23	-0.46	-0.15		0.42	0.07	-0.16	0.48	0.15	0.24	-0.44	0.05	0.55	-0.19	0.31
Common Stock	0.89	0.89	-0.57	0.54	0.7	0.8	0.76	0.88	-0.27	-0.55	0.42		0.83	-0.45	0.87	0.72	0.82	-0.79	0.87	-0.17	0.7	-0.51
Property Plant Equipment	0.9	0.88	-0.64	0.19	0.77	0.75	0.9	0.87	0.07	-0.28	0.07	0.83		-0.29	0.8	0.8	0.85	-0.66	0.92	-0.39	0.73	-0.52
Current Deferred Revenue	-0.29	-0.31	0.24	-0.46	-0.22	-0.3	-0.16	-0.35	0.13	0.46	-0.16	-0.45	-0.29		-0.31	-0.22	-0.28	0.3	-0.3	0.29	-0.32	0.31
Net Tangible Assets	0.92	0.91	-0.57	0.22	0.75	0.84	0.82	0.88	-0.17	-0.36	0.48	0.87	0.8	-0.31		0.69	0.96	-0.87	0.84	-0.04	0.68	-0.24
Good Will	0.7	0.68	-0.36	0.34	0.66	0.57	0.74	0.61	0.09	-0.02	0.15	0.72	0.8	-0.22	0.69		0.71	-0.42	0.84	-0.12	0.6	-0.22
Capital Surpluse	0.92	0.91	-0.68	0.14	0.76	0.81	0.84	0.9	-0.02	-0.35	0.24	0.82	0.85	-0.28	0.96	0.71		-0.84	0.9	-0.24	0.82	-0.34
Deferred Long Term Liab	-0.89	-0.9	0.67	-0.12	-0.62	-0.81	-0.7	-0.91	0.22	0.5	-0.44	-0.79	-0.66	0.3	-0.87	-0.42	-0.84		-0.69	0.12	-0.6	0.44
Net Invested Capital	0.89	0.88	-0.73	0.35	0.69	0.69	0.79	0.87	-0.03	-0.35	0.05	0.87	0.92	-0.3	0.84	0.84	0.9	-0.69		-0.29	0.88	-0.54
Long Term Investments	-0.22	-0.2	0.38	0.06	-0.29	-0.27	-0.3	-0.34	-0.25	0.26	0.55	-0.17	-0.39	0.29	-0.04	-0.12	-0.24	0.12	-0.29		-0.52	0.56
Net Working Capital	0.72	0.72	-0.8	0.29	0.48	0.54	0.57	0.78	0.01	-0.43	-0.19	0.7	0.73	-0.32	0.68	0.6	0.82	-0.6	0.88	-0.52		-0.62
Long Term Debt Total	-0.52	-0.55	0.82	-0.28	-0.08	-0.24	-0.25	-0.63	0.03	0.5	0.31	-0.51	-0.52	0.31	-0.24	-0.22	-0.34	0.44	-0.54	0.56	-0.62

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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.

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OraSure Retained Earnings

Retained Earnings

(88.13 Million)

OraSure Technologies reported last year Retained Earnings of (83.93 Million)

Based on the latest financial disclosure, OraSure Technologies has a Price To Earning of 147 times. This is much higher than that of the Health Care Equipment & Supplies sector and notably higher than that of the Health Care industry. The price to earning for all United States stocks is notably lower than that of the firm.

OraSure Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OraSure Technologies' 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 OraSure Technologies could also be used in its relative valuation, which is a method of valuing OraSure Technologies by comparing valuation metrics of similar companies.

OraSure Technologies is currently under evaluation in price to earning category among its peers.

OraSure Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, OraSure Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to OraSure Technologies' managers, analysts, and investors.

Environmental

Governance

Social

OraSure Fundamentals

	Return On Equity	0.0274
	Return On Asset	0.0071
	Profit Margin	0.05 %
	Operating Margin	(0.14) %
	Current Valuation	2.57 M
	Shares Outstanding	74.59 M
	Shares Owned By Insiders	3.04 %
	Shares Owned By Institutions	91.53 %
	Number Of Shares Shorted	1.4 M
	Price To Earning	147.43 X
	Price To Book	0.63 X
	Price To Sales	1.20 X
	Revenue	405.47 M
	Gross Profit	147.64 M
	EBITDA	64.35 M
	Net Income	53.66 M
	Cash And Equivalents	95.78 M
	Cash Per Share	1.32 X
	Total Debt	13.5 M
	Debt To Equity	0.06 %
	Current Ratio	4.08 X
	Book Value Per Share	5.71 X
	Cash Flow From Operations	141.58 M
	Short Ratio	1.58 X
	Earnings Per Share	0.15 X
	Price To Earnings To Growth	2.30 X
	Target Price	6.0
	Number Of Employees	638
	Beta	0.046
	Market Capitalization	270.03 M
	Total Asset	482.85 M
	Retained Earnings	(83.93 M)
	Working Capital	346.92 M
	Current Asset	136.71 M
	Current Liabilities	25.23 M
	Net Asset	482.85 M

About OraSure Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OraSure Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OraSure Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OraSure Technologies 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 OraSure Technologies

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 OraSure Technologies 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 OraSure Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against OraSure Stock

0.78	EW	Edwards Lifesciences Corp	Pair Corr
0.78	DXCM	DexCom Inc	Pair Corr
0.75	ELMD	Electromed	Pair Corr
0.66	OM	Outset Medical Earnings Call Next Week	Pair Corr
0.65	DOCS	Doximity	Pair Corr

The ability to find closely correlated positions to OraSure Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OraSure Technologies 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 OraSure Technologies - 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 OraSure Technologies to buy it.

The correlation of OraSure Technologies 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 OraSure Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OraSure Technologies 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 OraSure Technologies 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.

Pair Correlation Correlation Matching

Additional Tools for OraSure Stock Analysis

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

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