Heritage Commerce Net Income vs. Price To Sales
| HTBK Stock | USD 12.66 0.04 0.32% |
Net Income | First Reported 1998-03-31 | Previous Quarter 14.7 M | Current Value 15.1 M | Quarterly Volatility 7.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.6 | 0.7263 |
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| Net Profit Margin | 0.11 | 0.1797 |
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| Operating Profit Margin | 0.17 | 0.2544 |
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| Pretax Profit Margin | 0.17 | 0.2547 |
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| Return On Assets | 0.005 | 0.0083 |
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| Return On Equity | 0.07 | 0.0675 |
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For Heritage Commerce profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heritage Commerce to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heritage Commerce Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heritage Commerce's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heritage Commerce Corp over time as well as its relative position and ranking within its peers.
Check out Risk vs Return Analysis. 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 Heritage Commerce. Market participants price Heritage higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Heritage Commerce assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.452 | Dividend Share 0.52 | Earnings Share 0.78 | Revenue Per Share | Quarterly Revenue Growth 0.177 |
Heritage Commerce Corp's market price often diverges from its book value, the accounting figure shown on Heritage's balance sheet. Smart investors calculate Heritage Commerce's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Heritage Commerce's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.
Heritage Commerce Corp Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Commerce's current stock value. Our valuation model uses many indicators to compare Heritage Commerce value to that of its competitors to determine the firm's financial worth. Heritage Commerce Corp is rated below average in net income category among its peers. It is rated # 4 in price to sales category among its peers . The ratio of Net Income to Price To Sales for Heritage Commerce Corp is about 10,174,223 . At this time, Heritage Commerce's Net Income is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Heritage Commerce by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Heritage Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Heritage Commerce |
| = | 40.53 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Heritage Commerce |
| = | 3.98 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Heritage Price To Sales Comparison
Heritage Commerce is currently under evaluation in price to sales category among its peers.
Heritage Commerce Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heritage Commerce, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heritage Commerce will eventually generate negative long term returns. The profitability progress is the general direction of Heritage Commerce's change in net profit over the period of time. It can combine multiple indicators of Heritage Commerce, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -4.7 M | -5 M | |
| Operating Income | 67.7 M | 71.1 M | |
| Income Before Tax | 67.8 M | 71.2 M | |
| Total Other Income Expense Net | 93 K | 97.7 K | |
| Net Income | 46.6 M | 48.9 M | |
| Income Tax Expense | 20 M | 21 M | |
| Net Income Applicable To Common Shares | 76.5 M | 80.4 M | |
| Net Income From Continuing Ops | 46.6 M | 50 M | |
| Net Interest Income | 188.2 M | 147.1 M | |
| Interest Income | 279.1 M | 167.4 M | |
| Change To Netincome | -1 M | -968.7 K | |
| Net Income Per Share | 0.78 | 0.43 | |
| Income Quality | 0.87 | 1.23 | |
| Net Income Per E B T | 0.71 | 0.90 |
Heritage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heritage Commerce. 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 Heritage Commerce 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 Heritage Commerce's important profitability drivers and their relationship over time.
Heritage Commerce Earnings per Share Projection vs Actual
Use Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce will appreciate offsetting losses from the drop in the long position's value.Heritage Commerce Pair Trading
Heritage Commerce Corp Pair Trading Analysis
The ability to find closely correlated positions to Heritage Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heritage Commerce 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 Heritage Commerce - 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 Heritage Commerce Corp to buy it.
The correlation of Heritage Commerce 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 Heritage Commerce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heritage Commerce Corp 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 Heritage Commerce 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.Use Investing Themes to Complement your Heritage Commerce position
In addition to having Heritage Commerce 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.Did You Try This Idea?
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Check out Risk vs Return Analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
To fully project Heritage Commerce's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Heritage Commerce Corp 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 Heritage Commerce's income statement, its balance sheet, and the statement of cash flows.