AllianceBernstein Shares Outstanding vs. Gross Profit

AB Stock  USD 36.19  0.38  1.06%   
Considering AllianceBernstein's profitability and operating efficiency indicators, AllianceBernstein Holding LP may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess AllianceBernstein's ability to earn profits and add value for shareholders. At present, AllianceBernstein's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 119.05, whereas Price To Sales Ratio is forecasted to decline to 9.79. At present, AllianceBernstein's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Change To Netincome is expected to grow to about 107.2 M, whereas Accumulated Other Comprehensive Income is projected to grow to (68.6 M).
For AllianceBernstein profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AllianceBernstein to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AllianceBernstein Holding LP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AllianceBernstein's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AllianceBernstein Holding LP over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody 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 AllianceBernstein. If investors know AllianceBernstein 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 AllianceBernstein 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
1.231
Dividend Share
3.27
Earnings Share
3.48
Revenue Per Share
1.178
Quarterly Revenue Growth
1.074
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein'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 AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein'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 AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianceBernstein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein'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.

AllianceBernstein Gross Profit vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AllianceBernstein's current stock value. Our valuation model uses many indicators to compare AllianceBernstein value to that of its competitors to determine the firm's financial worth.
AllianceBernstein Holding LP is rated below average in shares outstanding category among its peers. It is rated below average in gross profit category among its peers fabricating about  2.69  of Gross Profit per Shares Outstanding. At present, AllianceBernstein's Gross Profit is projected to decrease 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 AllianceBernstein's earnings, one of the primary drivers of an investment's value.

AllianceBernstein Gross Profit 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.

AllianceBernstein

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
113.44 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

AllianceBernstein

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
305.5 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

AllianceBernstein Gross Profit Comparison

AllianceBernstein is currently under evaluation in gross profit category among its peers.

AllianceBernstein Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AllianceBernstein, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AllianceBernstein will eventually generate negative long term returns. The profitability progress is the general direction of AllianceBernstein's change in net profit over the period of time. It can combine multiple indicators of AllianceBernstein, 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-72.2 M-68.6 M
Operating Income-1.8 B-1.7 B
Net Income264.2 M213.7 M
Income Tax Expense35.6 M23.6 M
Income Before Tax299.8 M240.9 M
Total Other Income Expense Net2.1 B2.2 B
Net Income Applicable To Common Shares315.3 M222.4 M
Net Income From Continuing Ops264.2 M214.9 M
Non Operating Income Net Other351.3 M237.6 M
Change To Netincome87.7 M107.2 M
Net Income Per Share 2.34  1.50 
Income Quality 1.11  0.91 
Net Income Per E B T 0.88  0.72 

AllianceBernstein Profitability Driver Comparison

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

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

AllianceBernstein Pair Trading

AllianceBernstein Holding LP Pair Trading Analysis

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

In addition to having AllianceBernstein 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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You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project AllianceBernstein's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AllianceBernstein 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 AllianceBernstein's income statement, its balance sheet, and the statement of cash flows.
Potential AllianceBernstein investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AllianceBernstein investors may work on each financial statement separately, they are all related. The changes in AllianceBernstein's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AllianceBernstein'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.