Oceanfirst Financial Corp Stock Piotroski F Score

OCFC Stock  USD 20.68  0.16  0.77%   
This module uses fundamental data of OceanFirst Financial to approximate its Piotroski F score. OceanFirst Financial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of OceanFirst Financial Corp. 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 OceanFirst Financial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out OceanFirst Financial Altman Z Score, OceanFirst Financial Correlation, OceanFirst Financial Valuation, as well as analyze OceanFirst Financial Alpha and Beta and OceanFirst Financial Hype Analysis.
  
At present, OceanFirst Financial's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 1 B, whereas Short Term Debt is forecasted to decline to about 216.2 M. At present, OceanFirst Financial's EV To Sales is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.57, whereas Price To Sales Ratio is forecasted to decline to 2.52.
At this time, it appears that OceanFirst Financial's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

OceanFirst Financial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to OceanFirst Financial is to make sure OceanFirst is not a subject of accounting manipulations and runs a healthy internal audit department. So, if OceanFirst Financial'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 OceanFirst Financial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00650.0077
Fairly Down
Very volatile
Asset Turnover0.02750.0285
Sufficiently Down
Very volatile
Gross Profit Margin1.741.6616
Sufficiently Up
Slightly volatile
Total Current Liabilities5.6 B5.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.5 B11.9 B
Sufficiently Up
Slightly volatile
Total Assets14.2 B13.5 B
Sufficiently Up
Slightly volatile
Total Current Assets146 M153.7 M
Notably Down
Pretty Stable
Total Cash From Operating Activities130.5 M124.3 M
Sufficiently Up
Slightly volatile

OceanFirst Financial Corp 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 OceanFirst Financial's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards OceanFirst Financial in a much-optimized way.

About OceanFirst Financial 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.

Book Value Per Share

26.78

At present, OceanFirst Financial's Book Value Per Share is projected to slightly decrease based on the last few years of reporting.

OceanFirst Financial 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, OceanFirst Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to OceanFirst Financial's managers, analysts, and investors.
Environmental
Governance
Social

About OceanFirst Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OceanFirst Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanFirst Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanFirst Financial Corp 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial'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 Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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
0.258
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.