Hagerty Stock Price To Sales
| HGTY Stock | USD 11.04 0.09 0.81% |
Hagerty fundamentals help investors to digest information that contributes to Hagerty's financial success or failures. It also enables traders to predict the movement of Hagerty Stock. The fundamental analysis module provides a way to measure Hagerty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hagerty stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.65 | 0.62 |
Hagerty | Price To Sales |
Hagerty Company Price To Sales Analysis
Hagerty's 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.
Current Hagerty Price To Sales | 3.31 X |
Most of Hagerty's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hagerty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hagerty Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Hagerty is extremely important. It helps to project a fair market value of Hagerty Stock properly, considering its historical fundamentals such as Price To Sales. Since Hagerty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hagerty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hagerty's interrelated accounts and indicators.
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Hagerty Price To Sales Historical Pattern
Today, most investors in Hagerty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hagerty's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hagerty price to sales as a starting point in their analysis.
Hagerty Price To Sales |
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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.
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Hagerty Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Hagerty has a Price To Sales of 3.315 times. This is 53.47% higher than that of the Insurance sector and significantly higher than that of the Financials industry. The price to sales for all United States stocks is 70.97% higher than that of the company.
Hagerty Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hagerty's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hagerty could also be used in its relative valuation, which is a method of valuing Hagerty by comparing valuation metrics of similar companies.Hagerty is currently under evaluation in price to sales category among its peers.
Hagerty ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hagerty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hagerty's managers, analysts, and investors.Environmental | Governance | Social |
Hagerty Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0197 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.03 B | ||||
| Shares Outstanding | 90.03 M | ||||
| Shares Owned By Insiders | 8.99 % | ||||
| Shares Owned By Institutions | 82.35 % | ||||
| Number Of Shares Shorted | 300.71 K | ||||
| Price To Book | 6.81 X | ||||
| Price To Sales | 3.31 X | ||||
| Revenue | 1.01 B | ||||
| Gross Profit | 405.64 M | ||||
| EBITDA | 69.04 M | ||||
| Net Income | 20.23 M | ||||
| Cash And Equivalents | 180.16 M | ||||
| Cash Per Share | 2.18 X | ||||
| Total Debt | 181.14 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 1.65 X | ||||
| Cash Flow From Operations | 133.71 M | ||||
| Short Ratio | 2.62 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Target Price | 11.5 | ||||
| Number Of Employees | 1.73 K | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 3.82 B | ||||
| Total Asset | 1.59 B | ||||
| Retained Earnings | (469 M) | ||||
| Net Asset | 1.59 B |
About Hagerty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hagerty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hagerty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hagerty 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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When running Hagerty's price analysis, check to measure Hagerty'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 Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.