Hanger Inc Stock Profit Margin
Hanger Inc fundamentals help investors to digest information that contributes to Hanger's financial success or failures. It also enables traders to predict the movement of Hanger Stock. The fundamental analysis module provides a way to measure Hanger'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 Hanger stock.
Hanger |
Hanger Inc Company Profit Margin Analysis
Hanger's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Hanger Profit Margin | 0.06 % |
Most of Hanger's fundamental indicators, such as Profit Margin, 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, Hanger Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
CompetitionBased on the latest financial disclosure, Hanger Inc has a Profit Margin of 0.061%. This is much higher than that of the sector and significantly higher than that of the Profit Margin industry. The profit margin for all United States stocks is notably lower than that of the firm.
Hanger Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanger's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hanger could also be used in its relative valuation, which is a method of valuing Hanger by comparing valuation metrics of similar companies.Hanger is currently under evaluation in profit margin category among its peers.
Hanger Fundamentals
Return On Asset | 0.051 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 11.24 % | |||
Current Valuation | 1.83 B | |||
Shares Outstanding | 34.82 M | |||
Shares Owned By Insiders | 3.50 % | |||
Shares Owned By Institutions | 96.50 % | |||
Number Of Shares Shorted | 2.74 M | |||
Price To Earning | 7.24 X | |||
Price To Book | 0.69 X | |||
Price To Sales | 0.39 X | |||
Revenue | 1.05 B | |||
Gross Profit | 357.65 M | |||
Net Income | 63.58 M | |||
Cash And Equivalents | 9.86 M | |||
Cash Per Share | 0.14 X | |||
Total Debt | 468.26 M | |||
Debt To Equity | 0.89 % | |||
Current Ratio | 3.94 X | |||
Cash Flow From Operations | 86.26 M | |||
Earnings Per Share | 2.00 X | |||
Number Of Employees | 4.8 K | |||
Beta | 1.95 | |||
Total Asset | 1.27 B | |||
Retained Earnings | 288.81 M | |||
Working Capital | 267.08 M | |||
Current Asset | 382.96 M | |||
Current Liabilities | 115.88 M |
Pair Trading with Hanger
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 Hanger 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 Hanger will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to State Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace State Street 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 State Street - 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 State Street Corp to buy it.
The correlation of State Street 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 State Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if State Street 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 State Street 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 Risk vs Return Analysis to better understand how to build diversified portfolios. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Hanger Stock
If you are still planning to invest in Hanger Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hanger's history and understand the potential risks before investing.
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