ENGlobal Shares Outstanding vs. Shares Owned By Insiders
| ENG Stock | USD 1.28 0.04 3.03% |
For ENGlobal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ENGlobal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ENGlobal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ENGlobal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ENGlobal over time as well as its relative position and ranking within its peers.
ENGlobal |
Is Oil & Gas Equipment & Services 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 ENGlobal. If investors know ENGlobal 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 ENGlobal 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 (0.96) | Earnings Share (1.33) | Revenue Per Share 5.599 | Quarterly Revenue Growth (0.37) | Return On Assets (0.17) |
The market value of ENGlobal is measured differently than its book value, which is the value of ENGlobal that is recorded on the company's balance sheet. Investors also form their own opinion of ENGlobal's value that differs from its market value or its book value, called intrinsic value, which is ENGlobal'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 ENGlobal's market value can be influenced by many factors that don't directly affect ENGlobal'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 ENGlobal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGlobal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGlobal'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.
ENGlobal Shares Owned By Insiders vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ENGlobal's current stock value. Our valuation model uses many indicators to compare ENGlobal value to that of its competitors to determine the firm's financial worth. ENGlobal is rated # 2 in shares outstanding category among its peers. It is one of the top stocks in shares owned by insiders category among its peers . The ratio of Shares Outstanding to Shares Owned By Insiders for ENGlobal is about 200,567 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ENGlobal 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.ENGlobal Shares Owned By Insiders 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.
ENGlobal |
| = | 5.16 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
ENGlobal |
| = | 25.71 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
ENGlobal Shares Owned By Insiders Comparison
ENGlobal is currently under evaluation in shares owned by insiders category among its peers.
ENGlobal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ENGlobal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ENGlobal will eventually generate negative long term returns. The profitability progress is the general direction of ENGlobal's change in net profit over the period of time. It can combine multiple indicators of ENGlobal, 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 | ||
| Operating Income | -14.9 M | -14.1 M | |
| Income Before Tax | -15 M | -14.3 M | |
| Net Loss | -15.2 M | -14.4 M | |
| Income Tax Expense | 104 K | 98.8 K | |
| Total Other Income Expense Net | -156 K | -163.8 K | |
| Net Loss | -5.1 M | -4.9 M | |
| Net Loss | -22.4 M | -21.3 M | |
| Non Operating Income Net Other | 12.6 K | 12 K | |
| Interest Income | 198.9 K | 169.4 K | |
| Net Interest Income | -215 K | -225.8 K | |
| Change To Netincome | -4.2 M | -4 M | |
| Net Loss | (4.79) | (4.55) | |
| Income Quality | 0.90 | 0.98 | |
| Net Income Per E B T | 0.90 | 0.80 |
ENGlobal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ENGlobal. 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 ENGlobal 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 ENGlobal's important profitability drivers and their relationship over time.
Use ENGlobal 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 ENGlobal 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 ENGlobal will appreciate offsetting losses from the drop in the long position's value.ENGlobal Pair Trading
ENGlobal Pair Trading Analysis
The ability to find closely correlated positions to ENGlobal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ENGlobal 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 ENGlobal - 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 ENGlobal to buy it.
The correlation of ENGlobal 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 ENGlobal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ENGlobal 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 ENGlobal 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 ENGlobal position
In addition to having ENGlobal 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 Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 39 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 Government Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities. For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
To fully project ENGlobal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ENGlobal 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 ENGlobal's income statement, its balance sheet, and the statement of cash flows.