Blackrock Municipal Target Stock Piotroski F Score

BTT Stock  USD 21.02  0.12  0.57%   
This module uses fundamental data of Blackrock Municipal to approximate its Piotroski F score. Blackrock Municipal F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Blackrock Municipal Target. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Blackrock Municipal financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Blackrock Municipal Altman Z Score, Blackrock Municipal Correlation, Blackrock Municipal Valuation, as well as analyze Blackrock Municipal Alpha and Beta and Blackrock Municipal Hype Analysis.
  
At this time, Blackrock Municipal's Net Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 91.6 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 824.6 M in 2024. At this time, Blackrock Municipal's EV To Sales is comparatively stable compared to the past year. Free Cash Flow Per Share is likely to gain to 2.20 in 2024, whereas Days Payables Outstanding is likely to drop 79.49 in 2024.
At this time, it appears that Blackrock Municipal's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Blackrock Municipal Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Blackrock Municipal is to make sure Blackrock is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Blackrock Municipal's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Blackrock Municipal's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.420.4424
Notably Down
Slightly volatile
Net Debt884.5 M819.4 M
Significantly Up
Very volatile
Total Current Liabilities109.3 M85.2 M
Significantly Up
Slightly volatile
Non Current Liabilities Total553.4 M749.8 M
Way Down
Slightly volatile
Total Assets2.9 B2.4 B
Fairly Up
Slightly volatile
Total Current Assets73.9 M70.4 M
Sufficiently Up
Slightly volatile

Blackrock Municipal F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Blackrock Municipal's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Blackrock Municipal in a much-optimized way.

About Blackrock Municipal Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

56.1 Million

At this time, Blackrock Municipal's Common Stock Shares Outstanding is comparatively stable compared to the past year.

Blackrock Municipal Current Valuation Drivers

We derive many important indicators used in calculating different scores of Blackrock Municipal from analyzing Blackrock Municipal's financial statements. These drivers represent accounts that assess Blackrock Municipal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blackrock Municipal's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.7B1.9B1.7B1.4B1.2B1.2B
Enterprise Value2.8B2.9B2.7B2.2B2.0B1.9B

About Blackrock Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Municipal Target's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Municipal Target based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Blackrock Stock Analysis

When running Blackrock Municipal's price analysis, check to measure Blackrock Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Municipal is operating at the current time. Most of Blackrock Municipal's value examination focuses on studying past and present price action to predict the probability of Blackrock Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Municipal's price. Additionally, you may evaluate how the addition of Blackrock Municipal to your portfolios can decrease your overall portfolio volatility.