Blackrock Municipal Price To Earning vs. Gross Profit

BTT Stock  USD 21.02  0.12  0.57%   
Taking into consideration Blackrock Municipal's profitability measurements, Blackrock Municipal Target is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Blackrock Municipal's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to gain to 17.27 in 2024. Days Sales Outstanding is likely to gain to 91.48 in 2024. At this time, Blackrock Municipal's Net Interest Income is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 254 M in 2024, whereas Income Before Tax is likely to drop slightly above 44.7 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.420.4424
Notably Down
Slightly volatile
Operating Profit Margin0.810.8777
Significantly Down
Slightly volatile
For Blackrock Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock Municipal Target utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock Municipal Target over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody 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 Blackrock Municipal. If investors know Blackrock 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 Blackrock Municipal 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
4.87
Dividend Share
0.577
Earnings Share
0.91
Revenue Per Share
1.284
Quarterly Revenue Growth
(0.01)
The market value of Blackrock Municipal is measured differently than its book value, which is the value of Blackrock that is recorded on the company's balance sheet. Investors also form their own opinion of Blackrock Municipal's value that differs from its market value or its book value, called intrinsic value, which is Blackrock Municipal'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 Blackrock Municipal's market value can be influenced by many factors that don't directly affect Blackrock Municipal'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 Blackrock Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Municipal'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.

Blackrock Municipal Gross Profit vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Municipal's current stock value. Our valuation model uses many indicators to compare Blackrock Municipal value to that of its competitors to determine the firm's financial worth.
Blackrock Municipal Target is rated below average in price to earning category among its peers. It is number one stock in gross profit category among its peers fabricating about  6,764,508  of Gross Profit per Price To Earning. At this time, Blackrock Municipal's Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Municipal 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.

Blackrock Gross Profit vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Blackrock Municipal

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
12.35 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

Blackrock Municipal

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
83.54 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.

Blackrock Gross Profit Comparison

Blackrock Municipal is currently under evaluation in gross profit category among its peers.

Blackrock Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock Municipal's change in net profit over the period of time. It can combine multiple indicators of Blackrock Municipal, 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
Net Loss-1.1 M-1 M
Operating Income73.9 M58.2 M
Income Before Tax46.7 M44.7 M
Total Other Income Expense Net-27.3 M-28.6 M
Net Income46.7 M44.7 M
Income Tax Expense83.5 M46 M
Interest Income73.6 M62.9 M
Net Interest Income45.7 M57.3 M
Net Loss-1.1 M-1 M
Change To Netincome241.9 M254 M
Net Income Per Share 0.71  0.46 
Income Quality 2.95  3.09 
Net Income Per E B T 0.93  0.82 

Blackrock Profitability Driver Comparison

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

Use Blackrock Municipal 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 Blackrock Municipal 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 Blackrock Municipal will appreciate offsetting losses from the drop in the long position's value.

Blackrock Municipal Pair Trading

Blackrock Municipal Target Pair Trading Analysis

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

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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.