Phillips Edison Co Stock Beta
| PECO Stock | USD 39.33 0.28 0.72% |
Phillips Edison Co fundamentals help investors to digest information that contributes to Phillips Edison's financial success or failures. It also enables traders to predict the movement of Phillips Stock. The fundamental analysis module provides a way to measure Phillips Edison'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 Phillips Edison stock.
Phillips | Beta |
Phillips Edison Co Company Beta Analysis
Phillips Edison's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Phillips Edison Beta | 0.33 |
Most of Phillips Edison's fundamental indicators, such as Beta, 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, Phillips Edison Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Phillips Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Phillips Edison is extremely important. It helps to project a fair market value of Phillips Stock properly, considering its historical fundamentals such as Beta. Since Phillips Edison'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 Phillips Edison'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 Phillips Edison's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Phillips Edison Co has a Beta of 0.33. This is 54.17% lower than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The beta for all United States stocks is notably lower than that of the firm.
Phillips Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Phillips Edison's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Phillips Edison could also be used in its relative valuation, which is a method of valuing Phillips Edison by comparing valuation metrics of similar companies.Phillips Edison is currently under evaluation in beta category among its peers.
Phillips Edison 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, Phillips Edison's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Phillips Edison's managers, analysts, and investors.Environmental | Governance | Social |
Phillips Edison Institutional Holders
Institutional Holdings refers to the ownership stake in Phillips Edison that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Phillips Edison's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Phillips Edison's value.| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Jpmorgan Chase & Co | 2024-06-30 | 1.1 M | Massachusetts Financial Services Company | 2024-09-30 | 1.1 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.1 M | Legal & General Group Plc | 2024-06-30 | 1 M | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 982 K | Cetera Investment Advisers | 2024-06-30 | 901.2 K | Nuveen Asset Management, Llc | 2024-06-30 | 883.9 K | Blackrock Inc | 2024-06-30 | 21.4 M | Vanguard Group Inc | 2024-09-30 | 19.2 M |
As returns on the market increase, Phillips Edison's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phillips Edison is expected to be smaller as well.
Phillips Fundamentals
| Return On Equity | 0.025 | ||||
| Return On Asset | 0.0212 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 6.99 B | ||||
| Shares Outstanding | 122.61 M | ||||
| Shares Owned By Insiders | 0.53 % | ||||
| Shares Owned By Institutions | 84.95 % | ||||
| Number Of Shares Shorted | 2.29 M | ||||
| Price To Earning | 350.33 X | ||||
| Price To Book | 2.13 X | ||||
| Price To Sales | 8.28 X | ||||
| Revenue | 610.12 M | ||||
| Gross Profit | 412.15 M | ||||
| EBITDA | 390.64 M | ||||
| Net Income | 56.85 M | ||||
| Cash And Equivalents | 37.35 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 2.08 B | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 18.34 X | ||||
| Cash Flow From Operations | 290.97 M | ||||
| Short Ratio | 3.93 X | ||||
| Earnings Per Share | 0.47 X | ||||
| Price To Earnings To Growth | 8.70 X | ||||
| Target Price | 40.1 | ||||
| Number Of Employees | 290 | ||||
| Beta | 0.33 | ||||
| Market Capitalization | 5.32 B | ||||
| Total Asset | 4.87 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | (190.74 M) | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 4.87 B | ||||
| Last Dividend Paid | 1.18 |
About Phillips Edison Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Phillips Edison Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phillips Edison using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phillips Edison Co 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 Phillips Edison
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 Phillips Edison 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 Phillips Edison will appreciate offsetting losses from the drop in the long position's value.Moving together with Phillips Stock
| 0.72 | UE | Urban Edge Properties | PairCorr |
| 0.65 | ADC | Agree Realty | PairCorr |
| 0.61 | AHR | American Healthcare REIT, | PairCorr |
Moving against Phillips Stock
| 0.6 | O | Realty Income | PairCorr |
| 0.56 | NNN | National Retail Prop Sell-off Trend | PairCorr |
| 0.51 | PW | Power REIT | PairCorr |
| 0.46 | HPP | Hudson Pacific Properties Downward Rally | PairCorr |
| 0.42 | JBGS | JBG SMITH Properties | PairCorr |
The ability to find closely correlated positions to Phillips Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phillips Edison 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 Phillips Edison - 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 Phillips Edison Co to buy it.
The correlation of Phillips Edison 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 Phillips Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phillips Edison 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 Phillips Edison 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.Check out Phillips Edison Piotroski F Score and Phillips Edison Altman Z Score analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips Edison. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.175 | Earnings Share 0.47 | Revenue Per Share 5.275 | Quarterly Revenue Growth 0.086 |
The market value of Phillips Edison is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips Edison's value that differs from its market value or its book value, called intrinsic value, which is Phillips Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips Edison's market value can be influenced by many factors that don't directly affect Phillips Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.