Aveanna Healthcare Shares Outstanding vs. Price To Sales
| AVAH Stock | USD 5.81 0.23 4.12% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.25 | 0.28 |
|
| |||||
| Operating Profit Margin | 0.0161 | 0.0169 |
|
|
For Aveanna Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aveanna Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aveanna Healthcare Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aveanna Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aveanna Healthcare Holdings over time as well as its relative position and ranking within its peers.
Aveanna |
Aveanna Healthcare's Revenue Breakdown by Earning Segment
Check out Trending Equities.
Is Health Care Equipment & Supplies 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 Aveanna Healthcare. If investors know Aveanna 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 Aveanna Healthcare 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 (0.46) | Earnings Share (0.35) | Revenue Per Share 10.315 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0488 |
The market value of Aveanna Healthcare is measured differently than its book value, which is the value of Aveanna that is recorded on the company's balance sheet. Investors also form their own opinion of Aveanna Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Aveanna Healthcare'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 Aveanna Healthcare's market value can be influenced by many factors that don't directly affect Aveanna Healthcare'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 Aveanna Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aveanna Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aveanna Healthcare'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.
Aveanna Healthcare Price To Sales vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aveanna Healthcare's current stock value. Our valuation model uses many indicators to compare Aveanna Healthcare value to that of its competitors to determine the firm's financial worth. Aveanna Healthcare Holdings is rated below average in shares outstanding category among its peers. It is rated below average in price to sales category among its peers . The ratio of Shares Outstanding to Price To Sales for Aveanna Healthcare Holdings is about 355,454,364 . As of now, Aveanna Healthcare's Price To Sales Ratio is decreasing as compared to previous years. 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 Aveanna Healthcare's earnings, one of the primary drivers of an investment's value.Aveanna Price To Sales 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.
Aveanna Healthcare |
| = | 193.22 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.
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.
Aveanna Healthcare |
| = | 0.54 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.
Aveanna Price To Sales Comparison
Aveanna Healthcare is currently under evaluation in price to sales category among its peers.
Aveanna Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aveanna Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aveanna Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Aveanna Healthcare's change in net profit over the period of time. It can combine multiple indicators of Aveanna Healthcare, 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 | 2.5 M | 2 M | |
| Net Interest Income | -147 M | -154.3 M | |
| Interest Income | 548 K | 481.4 K | |
| Operating Income | 8.1 M | 7.7 M | |
| Net Loss | -346.6 M | -363.9 M | |
| Income Before Tax | -139 M | -145.9 M | |
| Total Other Income Expense Net | -147.1 M | -139.7 M | |
| Net Loss | -595.8 M | -566 M | |
| Net Loss | -134.5 M | -141.3 M | |
| Income Tax Expense | -4.5 M | -4.2 M | |
| Non Operating Income Net Other | 99.1 M | 104.1 M | |
| Change To Netincome | 667.3 M | 700.6 M | |
| Net Loss | (4.10) | (3.90) | |
| Income Quality | 0.07 | 0.07 | |
| Net Income Per E B T | 1.15 | 1.11 |
Aveanna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aveanna Healthcare. 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 Aveanna Healthcare 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 Aveanna Healthcare's important profitability drivers and their relationship over time.
Use Aveanna Healthcare 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 Aveanna Healthcare 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 Aveanna Healthcare will appreciate offsetting losses from the drop in the long position's value.Aveanna Healthcare Pair Trading
Aveanna Healthcare Holdings Pair Trading Analysis
The ability to find closely correlated positions to Aveanna Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aveanna Healthcare 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 Aveanna Healthcare - 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 Aveanna Healthcare Holdings to buy it.
The correlation of Aveanna Healthcare 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 Aveanna Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aveanna Healthcare 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 Aveanna Healthcare 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 Aveanna Healthcare position
In addition to having Aveanna Healthcare 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?
Run Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Aveanna Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aveanna Healthcare 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 Aveanna Healthcare's income statement, its balance sheet, and the statement of cash flows.