Red Violet Gross Profit vs. Revenue
| RDVT Stock | USD 38.76 1.11 2.95% |
Gross Profit | First Reported 2016-12-31 | Previous Quarter 13.2 M | Current Value 15.7 M | Quarterly Volatility 4.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.7829 |
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For Red Violet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Red Violet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Red Violet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Red Violet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Red Violet over time as well as its relative position and ranking within its peers.
Red |
Is Research & Consulting 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 Red Violet. If investors know Red 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 Red Violet 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 (0.86) | Earnings Share 0.36 | Revenue Per Share 5.09 | Quarterly Revenue Growth 0.203 | Return On Assets 0.043 |
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet'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 Red Violet's market value can be influenced by many factors that don't directly affect Red Violet'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 Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet'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.
Red Violet Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Red Violet's current stock value. Our valuation model uses many indicators to compare Red Violet value to that of its competitors to determine the firm's financial worth. Red Violet is currently regarded as top stock in gross profit category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 1.46 of Revenue per Gross Profit. At this time, Red Violet'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 Red Violet 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.Red Revenue vs. Gross Profit
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.
Red Violet |
| = | 41.11 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Red Violet |
| = | 60.2 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Red Revenue vs Competition
Red Violet is currently regarded number one company in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 3.24 Billion. Red Violet claims roughly 60.2 Million in revenue contributing just under 2% to equities under Industrials industry.
Red Violet Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Red Violet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Red Violet will eventually generate negative long term returns. The profitability progress is the general direction of Red Violet's change in net profit over the period of time. It can combine multiple indicators of Red Violet, 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 | ||
| Operating Income | 2.5 M | 2.6 M | |
| Net Income From Continuing Ops | 13.5 M | 14.2 M | |
| Income Before Tax | 3.8 M | 4 M | |
| Non Operating Income Net Other | 2.5 M | 2.6 M | |
| Total Other Income Expense Net | 1.3 M | 1.4 M | |
| Net Income Applicable To Common Shares | 708.4 K | 743.8 K | |
| Net Income | 13.5 M | 14.2 M | |
| Income Tax Expense | -9.7 M | -9.2 M | |
| Net Interest Income | 1.3 M | 1.4 M | |
| Interest Income | 16.2 K | 15.4 K | |
| Change To Netincome | 6.8 M | 6.8 M | |
| Net Income Per Share | 0.97 | 1.02 | |
| Income Quality | 1.11 | 1.06 | |
| Net Income Per E B T | 3.53 | 3.70 |
Red Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Red Violet. 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 Red Violet 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 Red Violet's important profitability drivers and their relationship over time.
Use Red Violet 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 Red Violet 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 Red Violet will appreciate offsetting losses from the drop in the long position's value.Red Violet Pair Trading
Red Violet Pair Trading Analysis
The ability to find closely correlated positions to Red Violet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Violet 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 Red Violet - 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 Red Violet to buy it.
The correlation of Red Violet 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 Red Violet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Violet 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 Red Violet 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 Red Violet position
In addition to having Red Violet 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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Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
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Additional Tools for Red Stock Analysis
When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.