Legato Merger Shares Outstanding vs. Net Income

LGTO Stock  USD 7.44  4.08  121.43%   
Considering Legato Merger's profitability and operating efficiency indicators, Legato Merger II may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Legato Merger's ability to earn profits and add value for shareholders. At this time, Legato Merger's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, EV To Sales is likely to grow to 0.55, while Days Sales Outstanding is likely to drop 178.58. At this time, Legato Merger's Total Other Income Expense Net is very stable compared to the past year. As of the 12th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 2.3 M, while Accumulated Other Comprehensive Income is likely to drop (1.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.02930.0309
Notably Down
Pretty Stable
For Legato Merger profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legato Merger to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legato Merger II utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legato Merger's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legato Merger II over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Construction & Engineering 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 Legato Merger. If investors know Legato 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 Legato Merger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Legato Merger II is measured differently than its book value, which is the value of Legato that is recorded on the company's balance sheet. Investors also form their own opinion of Legato Merger's value that differs from its market value or its book value, called intrinsic value, which is Legato Merger'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 Legato Merger's market value can be influenced by many factors that don't directly affect Legato Merger'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 Legato Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legato Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legato Merger'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.

Legato Merger II Net Income vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Legato Merger's current stock value. Our valuation model uses many indicators to compare Legato Merger value to that of its competitors to determine the firm's financial worth.
Legato Merger II is currently regarded as number one stock in shares outstanding category among its peers. It also is currently regarded as number one stock in net income category among its peers . Legato Merger reported last year Net Loss of (19.25 Million). 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 Legato Merger's earnings, one of the primary drivers of an investment's value.

Legato Net Income vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Legato Merger

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
35.91 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Legato Merger

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(18.71 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.

Legato Net Income Comparison

Legato Merger is currently under evaluation in net income category among its peers.

Legato Merger Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Legato Merger, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legato Merger will eventually generate negative long term returns. The profitability progress is the general direction of Legato Merger's change in net profit over the period of time. It can combine multiple indicators of Legato Merger, 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-1.5 M-1.5 M
Operating Income-31.4 M-29.8 M
Income Before Tax-27.2 M-25.9 M
Total Other Income Expense Net4.1 M4.3 M
Net Loss-18.7 M-17.8 M
Income Tax Expense-8.5 M-8.1 M
Net Income Applicable To Common Shares2.2 M2.3 M
Net Income From Continuing Ops1.7 M1.5 M
Change To Netincome-43.5 K-45.7 K
Net Loss(0.41)(0.39)
Income Quality 0.55  0.58 
Net Income Per E B T 0.71  0.88 

Legato Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Legato Merger. 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 Legato Merger 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 Legato Merger's important profitability drivers and their relationship over time.

Use Legato Merger 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 Legato Merger 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 Legato Merger will appreciate offsetting losses from the drop in the long position's value.

Legato Merger Pair Trading

Legato Merger II Pair Trading Analysis

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

In addition to having Legato Merger 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 Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 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 Aircraft Theme or any other thematic opportunities.
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When determining whether Legato Merger II offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legato Merger'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 Legato Merger Ii Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legato Merger Ii Stock:
Check out Correlation Analysis.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
To fully project Legato Merger's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legato Merger II 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 Legato Merger's income statement, its balance sheet, and the statement of cash flows.
Potential Legato Merger investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Legato Merger investors may work on each financial statement separately, they are all related. The changes in Legato Merger's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Legato Merger'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.