OceanFirst Financial Net Income vs. Price To Sales
| OCFC Stock | USD 19.98 0.04 0.20% |
Net Income | First Reported 1996-03-31 | Previous Quarter 24.4 M | Current Value 25.1 M | Quarterly Volatility 10 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 1.74 | 1.6616 |
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| Net Profit Margin | 0.37 | 0.2697 |
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| Pretax Profit Margin | 0.56 | 0.3546 |
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| Return On Assets | 0.0065 | 0.0077 |
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| Return On Equity | 0.0942 | 0.0626 |
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For OceanFirst Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OceanFirst Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OceanFirst Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OceanFirst Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OceanFirst Financial Corp over time as well as its relative position and ranking within its peers.
OceanFirst |
OceanFirst Financial's Revenue Breakdown by Earning Segment
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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.
OceanFirst Financial Corp Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OceanFirst Financial's current stock value. Our valuation model uses many indicators to compare OceanFirst Financial value to that of its competitors to determine the firm's financial worth. OceanFirst Financial Corp is rated below average in net income category among its peers. It is regarded fifth in price to sales category among its peers . The ratio of Net Income to Price To Sales for OceanFirst Financial Corp is about 33,996,405 . At present, OceanFirst Financial's Net Income is projected to increase significantly based on the last few years of reporting. 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 OceanFirst Financial's earnings, one of the primary drivers of an investment's value.OceanFirst Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
OceanFirst Financial |
| = | 104.03 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
OceanFirst Financial |
| = | 3.06 X |
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.
OceanFirst Price To Sales Comparison
OceanFirst Financial is currently under evaluation in price to sales category among its peers.
OceanFirst Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OceanFirst Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OceanFirst Financial will eventually generate negative long term returns. The profitability progress is the general direction of OceanFirst Financial's change in net profit over the period of time. It can combine multiple indicators of OceanFirst Financial, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -24.6 M | -23.4 M | |
| Operating Income | 136.9 M | 69.8 M | |
| Income Before Tax | 136.8 M | 143.6 M | |
| Total Other Income Expense Net | -92 K | -96.6 K | |
| Net Income | 104 M | 109.2 M | |
| Income Tax Expense | 32.7 M | 34.3 M | |
| Net Income Applicable To Common Shares | 164 M | 172.2 M | |
| Net Income From Continuing Ops | 129.6 M | 65.5 M | |
| Net Interest Income | 388.4 M | 274.6 M | |
| Interest Income | 577.8 M | 333 M | |
| Change To Netincome | 118.6 M | 124.5 M | |
| Net Income Per Share | 1.76 | 0.94 | |
| Income Quality | 1.19 | 1.13 | |
| Net Income Per E B T | 0.76 | 0.85 |
OceanFirst Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OceanFirst Financial. 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 OceanFirst Financial 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 OceanFirst Financial's important profitability drivers and their relationship over time.
Use OceanFirst Financial 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 OceanFirst Financial 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 OceanFirst Financial will appreciate offsetting losses from the drop in the long position's value.OceanFirst Financial Pair Trading
OceanFirst Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to OceanFirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OceanFirst Financial 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 OceanFirst Financial - 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 OceanFirst Financial Corp to buy it.
The correlation of OceanFirst Financial 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 OceanFirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OceanFirst Financial Corp 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 OceanFirst Financial 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.Use Investing Themes to Complement your OceanFirst Financial position
In addition to having OceanFirst Financial 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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To fully project OceanFirst Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of OceanFirst Financial Corp 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 OceanFirst Financial's income statement, its balance sheet, and the statement of cash flows.