National HealthCare Price To Earning vs. Shares Owned By Institutions

NHC Stock  USD 127.05  1.76  1.40%   
Based on the measurements of profitability obtained from National HealthCare's financial statements, National HealthCare's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess National HealthCare's ability to earn profits and add value for shareholders. At present, National HealthCare's Days Of Sales Outstanding is projected to drop based on the last few years of reporting. At present, National HealthCare's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Change To Netincome is expected to grow to about 8.1 M, whereas Accumulated Other Comprehensive Income is projected to grow to (6.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.570.376
Way Up
Pretty Stable
Net Profit Margin0.04780.0585
Significantly Down
Slightly volatile
Operating Profit Margin0.09080.05
Way Up
Slightly volatile
Pretax Profit Margin0.06480.0777
Fairly Down
Slightly volatile
Return On Assets0.06280.051
Fairly Up
Pretty Stable
Return On Equity0.06980.0735
Notably Down
Slightly volatile
For National HealthCare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National HealthCare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National HealthCare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National HealthCare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National HealthCare over time as well as its relative position and ranking within its peers.
  

National HealthCare's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For information on how to trade National Stock refer to our How to Trade National Stock guide.
Is Health Care Providers & Services 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 National HealthCare. If investors know National 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 National HealthCare 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
3.021
Dividend Share
2.4
Earnings Share
7.99
Revenue Per Share
79.613
Quarterly Revenue Growth
0.179
The market value of National HealthCare is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National HealthCare's value that differs from its market value or its book value, called intrinsic value, which is National HealthCare'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 National HealthCare's market value can be influenced by many factors that don't directly affect National HealthCare'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 National HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if National HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National HealthCare'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.

National HealthCare Shares Owned By Institutions vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining National HealthCare's current stock value. Our valuation model uses many indicators to compare National HealthCare value to that of its competitors to determine the firm's financial worth.
National HealthCare is regarded fifth in price to earning category among its peers. It is rated below average in shares owned by institutions category among its peers producing about  2.69  of Shares Owned By Institutions per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National HealthCare's earnings, one of the primary drivers of an investment's value.

National Shares Owned By Institutions 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.

National HealthCare

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
22.85 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

National HealthCare

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
61.42 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

National Shares Owned By Institutions Comparison

National HealthCare is currently under evaluation in shares owned by institutions category among its peers.

National HealthCare Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in National HealthCare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National HealthCare will eventually generate negative long term returns. The profitability progress is the general direction of National HealthCare's change in net profit over the period of time. It can combine multiple indicators of National HealthCare, 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
Accumulated Other Comprehensive Income-6.6 M-6.3 M
Operating Income57.1 M53.7 M
Net Income66.8 M42.9 M
Income Tax Expense23.4 M19.2 M
Income Before Tax88.7 M67.4 M
Total Other Income Expense Net31.6 M16.4 M
Net Income Applicable To Common Shares25.8 M47.1 M
Net Income From Continuing Ops65.3 M69.9 M
Non Operating Income Net Other12.8 M12.2 M
Interest Income8.4 M6.1 M
Net Interest Income8.1 M4.2 M
Change To Netincome7.7 M8.1 M
Net Income Per Share 4.36  2.45 
Income Quality 1.66  1.28 
Net Income Per E B T 0.75  0.54 

National Profitability Driver Comparison

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

Use National HealthCare 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 National HealthCare 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 National HealthCare will appreciate offsetting losses from the drop in the long position's value.

National HealthCare Pair Trading

National HealthCare Pair Trading Analysis

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

Use Investing Themes to Complement your National HealthCare position

In addition to having National HealthCare 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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Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 38 constituents at this time.
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 Airlines Theme or any other thematic opportunities.
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When determining whether National HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National HealthCare'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 National Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Healthcare Stock:
Check out Correlation Analysis.
For information on how to trade National Stock refer to our How to Trade National Stock 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 National HealthCare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National HealthCare 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 National HealthCare's income statement, its balance sheet, and the statement of cash flows.
Potential National HealthCare investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although National HealthCare investors may work on each financial statement separately, they are all related. The changes in National HealthCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National HealthCare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.