PROG Holdings Net Income vs. Price To Sales
| PRG Stock | USD 48.12 0.65 1.37% |
Net Income | First Reported 1989-12-31 | Previous Quarter 33.8 M | Current Value 84 M | Quarterly Volatility 36.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.33 | 0.3455 |
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| Net Profit Margin | 0.0398 | 0.0577 |
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| Operating Profit Margin | 0.088 | 0.0937 |
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| Pretax Profit Margin | 0.0611 | 0.0815 |
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| Return On Assets | 0.0545 | 0.0931 |
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| Return On Equity | 0.25 | 0.2348 |
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For PROG Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PROG Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PROG Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PROG Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PROG Holdings over time as well as its relative position and ranking within its peers.
PROG |
PROG Holdings' Revenue Breakdown by Earning Segment
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Is Industrial Machinery & Supplies & Components 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 PROG Holdings. If investors know PROG 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 PROG Holdings 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 1.553 | Dividend Share 0.36 | Earnings Share 3.61 | Revenue Per Share 55.825 | Quarterly Revenue Growth 0.04 |
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' 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 PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' 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 PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' 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.
PROG Holdings Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PROG Holdings's current stock value. Our valuation model uses many indicators to compare PROG Holdings value to that of its competitors to determine the firm's financial worth. PROG Holdings is rated below average in net income category among its peers. It is regarded fifth in price to sales category among its peers . The ratio of Net Income to Price To Sales for PROG Holdings is about 172,341,112 . At this time, PROG Holdings' Net Income is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value PROG Holdings 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.PROG Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
PROG Holdings |
| = | 138.84 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
PROG Holdings |
| = | 0.81 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.
PROG Price To Sales Comparison
PROG Holdings is currently under evaluation in price to sales category among its peers.
PROG Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PROG Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PROG Holdings will eventually generate negative long term returns. The profitability progress is the general direction of PROG Holdings' change in net profit over the period of time. It can combine multiple indicators of PROG Holdings, 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 | 225.6 M | 231.3 M | |
| Income Before Tax | 196.2 M | 117.4 M | |
| Total Other Income Expense Net | -29.4 M | -30.9 M | |
| Net Income | 138.8 M | 81 M | |
| Income Tax Expense | 57.4 M | 35.7 M | |
| Interest Income | 33.7 M | 35.3 M | |
| Net Income Applicable To Common Shares | 88.8 M | 107.6 M | |
| Net Interest Income | -40.7 M | -38.6 M | |
| Net Income From Continuing Ops | 138.8 M | 137.4 M | |
| Change To Netincome | 16.6 M | 15.8 M | |
| Net Income Per Share | 3.02 | 3.17 | |
| Income Quality | 1.47 | 1.40 | |
| Net Income Per E B T | 0.71 | 0.51 |
PROG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PROG Holdings. 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 PROG Holdings 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 PROG Holdings' important profitability drivers and their relationship over time.
Use PROG Holdings 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 PROG Holdings 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 PROG Holdings will appreciate offsetting losses from the drop in the long position's value.PROG Holdings Pair Trading
PROG Holdings Pair Trading Analysis
The ability to find closely correlated positions to PROG Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PROG Holdings 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 PROG Holdings - 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 PROG Holdings to buy it.
The correlation of PROG Holdings 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 PROG Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PROG Holdings 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 PROG Holdings 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 PROG Holdings position
In addition to having PROG Holdings 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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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 Raw Materials Theme or any other thematic opportunities.
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Check out Your Equity Center. For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project PROG Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PROG Holdings 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 PROG Holdings' income statement, its balance sheet, and the statement of cash flows.