ConnectOne Bancorp Revenue vs. Number Of Shares Shorted

CNOB Stock  USD 27.83  0.58  2.13%   
Considering ConnectOne Bancorp's profitability and operating efficiency indicators, ConnectOne Bancorp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess ConnectOne Bancorp's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1995-03-31
Previous Quarter
134.4 M
Current Value
65.6 M
Quarterly Volatility
28.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, ConnectOne Bancorp's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 68.01, whereas EV To Sales is forecasted to decline to 5.82. At present, ConnectOne Bancorp's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 122.8 M, whereas Accumulated Other Comprehensive Income is projected to grow to (33.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.220.3233
Way Down
Pretty Stable
Operating Profit Margin0.30.4346
Way Down
Pretty Stable
Pretax Profit Margin0.290.4346
Way Down
Very volatile
Return On Assets0.0070.0088
Significantly Down
Very volatile
Return On Equity0.110.0715
Way Up
Pretty Stable
For ConnectOne Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ConnectOne Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ConnectOne Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ConnectOne Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ConnectOne Bancorp over time as well as its relative position and ranking within its peers.
  
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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 ConnectOne Bancorp. If investors know ConnectOne 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 ConnectOne Bancorp 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
(0.20)
Dividend Share
0.71
Earnings Share
1.73
Revenue Per Share
6.488
Quarterly Revenue Growth
(0.04)
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp'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 ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp'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 ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp'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.

ConnectOne Bancorp Number Of Shares Shorted vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ConnectOne Bancorp's current stock value. Our valuation model uses many indicators to compare ConnectOne Bancorp value to that of its competitors to determine the firm's financial worth.
ConnectOne Bancorp is rated third in revenue category among its peers. It is rated second in number of shares shorted category among its peers . The ratio of Revenue to Number Of Shares Shorted for ConnectOne Bancorp is about  545.53 . At present, ConnectOne Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ConnectOne Bancorp's earnings, one of the primary drivers of an investment's value.

ConnectOne Revenue vs. Competition

ConnectOne Bancorp is rated third in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 2.44 Billion. ConnectOne Bancorp retains roughly 269.11 Million in revenue claiming about 11% of equities under Financials industry.

ConnectOne Number Of Shares Shorted vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

ConnectOne Bancorp

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
269.11 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

ConnectOne Bancorp

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
493.3 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

ConnectOne Number Of Shares Shorted Comparison

ConnectOne Bancorp is currently under evaluation in number of shares shorted category among its peers.

ConnectOne Bancorp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ConnectOne Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ConnectOne Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of ConnectOne Bancorp's change in net profit over the period of time. It can combine multiple indicators of ConnectOne Bancorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-35.1 M-33.4 M
Operating Income117 M122.8 M
Income Before Tax117 M122.8 M
Total Other Income Expense Net117 M122.8 M
Net Income87 M91.4 M
Income Tax Expense30 M31.5 M
Net Income Applicable To Common Shares137.1 M143.9 M
Net Income From Continuing Ops100.3 M63.2 M
Net Interest Income267.8 M219.5 M
Interest Income470.1 M295.1 M
Change To Netincome25.5 M21 M
Net Income Per Share 2.07  2.17 
Income Quality 1.07  1.06 
Net Income Per E B T 0.74  1.18 

ConnectOne Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ConnectOne Bancorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ConnectOne Bancorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ConnectOne Bancorp's important profitability drivers and their relationship over time.

Use ConnectOne Bancorp in pair-trading

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 ConnectOne Bancorp 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 ConnectOne Bancorp will appreciate offsetting losses from the drop in the long position's value.

ConnectOne Bancorp Pair Trading

ConnectOne Bancorp Pair Trading Analysis

The ability to find closely correlated positions to ConnectOne Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConnectOne Bancorp 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 ConnectOne Bancorp - 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 ConnectOne Bancorp to buy it.
The correlation of ConnectOne Bancorp 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 ConnectOne Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConnectOne Bancorp 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 ConnectOne Bancorp 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 CorrelationCorrelation Matching

Use Investing Themes to Complement your ConnectOne Bancorp position

In addition to having ConnectOne Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Computers Thematic Idea Now

Computers
Computers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp'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 Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock:
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For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
To fully project ConnectOne Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ConnectOne Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ConnectOne Bancorp's income statement, its balance sheet, and the statement of cash flows.
Potential ConnectOne Bancorp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ConnectOne Bancorp investors may work on each financial statement separately, they are all related. The changes in ConnectOne Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ConnectOne Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.