Northeast Bancorp Number Of Shares Shorted vs. Gross Profit

NBN Stock  USD 98.27  1.99  1.98%   
Considering Northeast Bancorp's profitability and operating efficiency indicators, Northeast Bancorp's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Northeast Bancorp's ability to earn profits and add value for shareholders. At this time, Northeast Bancorp's Days Sales Outstanding is very stable compared to the past year. As of the 13th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Price To Sales Ratio is likely to drop 1.54. At this time, Northeast Bancorp's Interest Income is very stable compared to the past year. As of the 13th of December 2024, Net Income Per Share is likely to grow to 8.07, while Accumulated Other Comprehensive Income is likely to drop (192.2 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.2208
Way Down
Slightly volatile
Operating Profit Margin0.320.3388
Notably Down
Slightly volatile
Pretax Profit Margin0.220.3341
Way Down
Slightly volatile
Return On Assets0.01950.0186
Sufficiently Up
Slightly volatile
Return On Equity0.160.1546
Sufficiently Up
Slightly volatile
For Northeast Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northeast Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northeast Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northeast Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northeast Bancorp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
Is Regional 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 Northeast Bancorp. If investors know Northeast 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 Northeast Bancorp 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
0.05
Dividend Share
0.04
Earnings Share
7.57
Revenue Per Share
20.544
Quarterly Revenue Growth
0.132
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp'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 Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp'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 Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp'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.

Northeast Bancorp Gross Profit vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Northeast Bancorp's current stock value. Our valuation model uses many indicators to compare Northeast Bancorp value to that of its competitors to determine the firm's financial worth.
Northeast Bancorp is regarded third in number of shares shorted category among its peers. It is considered to be number one stock in gross profit category among its peers fabricating about  1,892  of Gross Profit per Number Of Shares Shorted. At this time, Northeast Bancorp's Gross Profit is very stable compared to the past year. 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 Northeast Bancorp's earnings, one of the primary drivers of an investment's value.

Northeast Gross Profit vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Northeast Bancorp

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
64.28 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
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.

Northeast Bancorp

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
121.66 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.

Northeast Gross Profit Comparison

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

Northeast Bancorp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Northeast Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northeast Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Northeast Bancorp's change in net profit over the period of time. It can combine multiple indicators of Northeast Bancorp, 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-183 K-192.2 K
Operating Income89.4 M93.8 M
Net Income58.2 M61.1 M
Income Tax Expense29.9 M31.4 M
Income Before Tax88.1 M92.5 M
Total Other Income Expense Net-1.3 M-1.3 M
Net Income Applicable To Common Shares48.5 M50.9 M
Net Income From Continuing Ops58.2 M61.1 M
Net Interest Income148.6 M79.5 M
Interest Income257.9 M270.8 M
Change To Netincome-7.7 M-8.1 M
Net Income Per Share 7.69  8.07 
Income Quality 0.04  0.04 
Net Income Per E B T 0.66  0.57 

Northeast Profitability Driver Comparison

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

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

Northeast Bancorp Pair Trading

Northeast Bancorp Pair Trading Analysis

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

In addition to having Northeast Bancorp 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?

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Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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When determining whether Northeast Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Bancorp'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 Northeast Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Bancorp Stock:
Check out Correlation Analysis.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project Northeast Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northeast Bancorp 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 Northeast Bancorp's income statement, its balance sheet, and the statement of cash flows.
Potential Northeast Bancorp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Northeast Bancorp investors may work on each financial statement separately, they are all related. The changes in Northeast Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northeast Bancorp'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.