Peapack Common Stock vs Cash Analysis

PGC Stock  USD 36.37  0.61  1.71%   
Peapack Gladstone financial indicator trend analysis is much more than just breaking down Peapack Gladstone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peapack Gladstone is a good investment. Please check the relationship between Peapack Gladstone Common Stock and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peapack Gladstone Common Stock account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Peapack Gladstone's Common Stock and Cash is 0.51. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Peapack Gladstone Financial, assuming nothing else is changed. The correlation between historical values of Peapack Gladstone's Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Peapack Gladstone Financial are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Peapack Gladstone's Common Stock and Cash go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Cash

Cash refers to the most liquid asset of Peapack Gladstone, which is listed under current asset account on Peapack Gladstone Financial balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Peapack Gladstone customers. The amounts must be unrestricted with restricted cash listed in a different Peapack Gladstone account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Peapack Gladstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peapack Gladstone current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At present, Peapack Gladstone's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 33.77, whereas Tax Provision is forecasted to decline to about 19.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense22.0M35.8M147.9M155.3M
Depreciation And Amortization4.8M5.0M5.0M3.4M

Peapack Gladstone fundamental ratios Correlations

0.990.660.460.920.520.570.540.920.570.90.830.830.750.750.680.120.820.850.480.240.930.850.03-0.82-0.14
0.990.620.440.910.510.560.540.930.560.870.840.850.780.750.660.150.830.830.470.230.940.820.07-0.77-0.13
0.660.620.260.490.390.190.120.520.510.480.760.620.670.480.42-0.030.760.520.330.130.50.7-0.18-0.530.08
0.460.440.260.64-0.360.690.680.49-0.340.550.270.130.050.510.71-0.270.220.68-0.45-0.130.480.23-0.23-0.690.09
0.920.910.490.640.370.760.730.810.350.980.630.60.460.710.8-0.160.60.920.320.220.960.79-0.2-0.95-0.19
0.520.510.39-0.360.370.040.020.350.810.450.490.550.540.490.110.090.510.430.79-0.010.490.510.0-0.26-0.19
0.570.560.190.690.760.040.990.55-0.190.780.240.130.020.560.96-0.310.160.73-0.02-0.040.640.45-0.26-0.71-0.09
0.540.540.120.680.730.020.990.55-0.240.750.220.120.010.570.94-0.260.140.71-0.07-0.090.60.37-0.19-0.66-0.12
0.920.930.520.490.810.350.550.550.370.770.830.840.770.790.630.410.820.750.260.070.80.630.36-0.64-0.18
0.570.560.51-0.340.350.81-0.19-0.240.370.390.580.670.680.26-0.070.180.640.30.850.380.490.680.01-0.29-0.05
0.90.870.480.550.980.450.780.750.770.390.60.550.420.690.82-0.180.560.90.410.220.930.82-0.21-0.93-0.17
0.830.840.760.270.630.490.240.220.830.580.60.940.940.620.380.370.990.60.420.180.680.660.26-0.530.01
0.830.850.620.130.60.550.130.120.840.670.550.940.960.590.250.490.960.530.50.240.70.620.39-0.45-0.12
0.750.780.670.050.460.540.020.010.770.680.420.940.960.550.180.540.960.440.480.170.580.580.42-0.30.0
0.750.750.480.510.710.490.560.570.790.260.690.620.590.550.650.150.60.880.07-0.460.670.390.14-0.58-0.09
0.680.660.420.710.80.110.960.940.63-0.070.820.380.250.180.65-0.290.310.80.02-0.050.690.56-0.27-0.76-0.05
0.120.15-0.03-0.27-0.160.09-0.31-0.260.410.18-0.180.370.490.540.15-0.290.42-0.20.04-0.09-0.09-0.140.980.34-0.17
0.820.830.760.220.60.510.160.140.820.640.560.990.960.960.60.310.420.570.450.20.660.660.29-0.490.02
0.850.830.520.680.920.430.730.710.750.30.90.60.530.440.880.8-0.20.570.2-0.130.860.63-0.22-0.87-0.08
0.480.470.33-0.450.320.79-0.02-0.070.260.850.410.420.50.480.070.020.040.450.20.540.450.68-0.08-0.24-0.1
0.240.230.13-0.130.22-0.01-0.04-0.090.070.380.220.180.240.17-0.46-0.05-0.090.2-0.130.540.280.54-0.18-0.26-0.06
0.930.940.50.480.960.490.640.60.80.490.930.680.70.580.670.69-0.090.660.860.450.280.83-0.15-0.86-0.22
0.850.820.70.230.790.510.450.370.630.680.820.660.620.580.390.56-0.140.660.630.680.540.83-0.28-0.77-0.05
0.030.07-0.18-0.23-0.20.0-0.26-0.190.360.01-0.210.260.390.420.14-0.270.980.29-0.22-0.08-0.18-0.15-0.280.39-0.2
-0.82-0.77-0.53-0.69-0.95-0.26-0.71-0.66-0.64-0.29-0.93-0.53-0.45-0.3-0.58-0.760.34-0.49-0.87-0.24-0.26-0.86-0.770.390.14
-0.14-0.130.080.09-0.19-0.19-0.09-0.12-0.18-0.05-0.170.01-0.120.0-0.09-0.05-0.170.02-0.08-0.1-0.06-0.22-0.05-0.20.14
Click cells to compare fundamentals

Peapack Gladstone Account Relationship Matchups

Peapack Gladstone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.1B6.4B6.5B6.8B
Total Stockholder Equity503.7M527.1M546.4M533.0M583.7M612.9M
Property Plant And Equipment Net38.1M35.4M36.4M39.5M38.3M28.2M
Net Debt128.5M(262.9M)1.8M340.8M365.7M384.0M
Retained Earnings199.0M221.4M274.3M348.8M394.1M413.8M
Cash208.1M653.2M146.8M190.1M187.7M105.8M
Non Current Assets Total480.3M717.1M1.0B756.8M6.3B6.6B
Non Currrent Assets Other(30.0M)(35.3M)(34.1M)(56.3M)5.5B5.8B
Other Assets4.1B3.9B4.1B4.8B5.6B5.8B
Cash And Short Term Investments598.8M1.3B943.6M744.7M187.7M288.2M
Net Receivables10.5M22.5M21.6M25.2M30.7M32.2M
Common Stock Total Equity16.7M17.0M17.2M17.5M20.1M11.2M
Common Stock Shares Outstanding19.4M19.1M19.3M18.6M18.0M13.1M
Liabilities And Stockholders Equity5.2B5.9B6.1B6.4B6.5B6.8B
Other Stockholder Equity289.4M290.1M267.3M240.9M236.6M148.8M
Total Liab4.7B5.4B188.0M5.8B5.9B6.2B
Property Plant And Equipment Gross38.1M35.4M36.4M39.5M86.5M90.8M
Total Current Assets609.3M1.3B965.1M769.9M187.7M178.3M
Common Stock16.7M17.0M17.2M17.5M17.8M11.0M
Short Long Term Debt Total336.5M390.4M148.6M530.9M553.4M581.1M
Accumulated Other Comprehensive Income(1.5M)(1.4M)(12.4M)(74.2M)(64.9M)(61.6M)
Other Liab26.2M154.5M116.8M15.4M17.7M24.9M
Accounts Payable8.0M121.5M5.3B69.1M62.2M59.1M
Good Will24.4M30.2M33.1M36.2M41.6M43.7M
Short Term Investments390.8M622.7M796.8M554.6M550.6M578.1M
Other Current Assets218.7M675.9M173.2M216.4M219.7M208.7M
Treasury Stock(30.0M)(36.5M)(65.1M)(97.8M)(88.0M)(83.6M)
Intangible Assets10.4M10.8M12.7M11.1M9.8M9.3M
Property Plant Equipment20.9M21.6M36.4M23.8M27.4M27.7M
Long Term Debt83.4M181.8M132.7M133.0M133.3M139.9M
Non Current Liabilities Total234.6M408.3M188.0M379.5M5.5B5.7B
Total Current Liabilities136.1M15M15.9M379.5M2.2B2.3B
Short Term Debt128.1M15M15.9M397.9M403.8M424.0M
Other Current Liab(136.1M)(15M)5.3B(397.9M)(403.8M)(383.6M)
Net Tangible Assets463.1M483.2M497.5M485.6M558.5M365.1M
Retained Earnings Total Equity199.0M221.4M274.3M348.8M401.1M421.2M
Long Term Debt Total83.4M181.8M132.7M133.0M152.9M160.6M
Deferred Long Term Liab26.2M33.0M39.3M15.4M17.7M11.9M
Long Term Investments4.7B4.9B920.1M669.9M671.5M1.1B

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.
When determining whether Peapack Gladstone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peapack Gladstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peapack Gladstone Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peapack Gladstone Financial Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks 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 Peapack Gladstone. If investors know Peapack 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 Peapack Gladstone 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
(0.12)
Dividend Share
0.2
Earnings Share
1.82
Revenue Per Share
11.842
Quarterly Revenue Growth
0.108
The market value of Peapack Gladstone is measured differently than its book value, which is the value of Peapack that is recorded on the company's balance sheet. Investors also form their own opinion of Peapack Gladstone's value that differs from its market value or its book value, called intrinsic value, which is Peapack Gladstone'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 Peapack Gladstone's market value can be influenced by many factors that don't directly affect Peapack Gladstone'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 Peapack Gladstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peapack Gladstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peapack Gladstone'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.