Green Dot Stock Price To Earning
| GDOT Stock | USD 9.96 0.07 0.70% |
Green Dot fundamentals help investors to digest information that contributes to Green Dot's financial success or failures. It also enables traders to predict the movement of Green Stock. The fundamental analysis module provides a way to measure Green Dot's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Green Dot stock.
Green | Price To Earning |
Green Dot Company Price To Earning Analysis
Green Dot's 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.
Current Green Dot Price To Earning | 45.18 X |
Most of Green Dot's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Green Dot is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Green Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Green Dot is extremely important. It helps to project a fair market value of Green Stock properly, considering its historical fundamentals such as Price To Earning. Since Green Dot's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Green Dot's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Green Dot's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Green Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, Green Dot has a Price To Earning of 45.18 times. This is 147.16% higher than that of the Consumer Finance sector and 183.79% higher than that of the Financials industry. The price to earning for all United States stocks is 57.31% lower than that of the firm.
Green Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Green Dot's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Green Dot could also be used in its relative valuation, which is a method of valuing Green Dot by comparing valuation metrics of similar companies.Green Dot is currently under evaluation in price to earning category among related companies.
Green Dot 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, Green Dot's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Green Dot's managers, analysts, and investors.Environmental | Governance | Social |
Green Fundamentals
| Return On Equity | -0.0284 | ||||
| Return On Asset | -0.0049 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | (534.79 M) | ||||
| Shares Outstanding | 53.21 M | ||||
| Shares Owned By Insiders | 1.41 % | ||||
| Shares Owned By Institutions | 98.59 % | ||||
| Number Of Shares Shorted | 2.65 M | ||||
| Price To Earning | 45.18 X | ||||
| Price To Book | 0.49 X | ||||
| Price To Sales | 0.28 X | ||||
| Revenue | 1.5 B | ||||
| Gross Profit | 1.45 B | ||||
| EBITDA | 127.89 M | ||||
| Net Income | 6.72 M | ||||
| Cash And Equivalents | 776.31 M | ||||
| Cash Per Share | 14.44 X | ||||
| Total Debt | 67.28 M | ||||
| Debt To Equity | 3.80 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 16.38 X | ||||
| Cash Flow From Operations | 97.52 M | ||||
| Short Ratio | 4.69 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Price To Earnings To Growth | 1.49 X | ||||
| Target Price | 10.75 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 1.04 | ||||
| Market Capitalization | 533.7 M | ||||
| Total Asset | 4.82 B | ||||
| Retained Earnings | 770.3 M | ||||
| Working Capital | (2.32 B) | ||||
| Current Asset | 975.29 M | ||||
| Current Liabilities | 888.27 M | ||||
| Net Asset | 4.82 B |
About Green Dot Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Green Dot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Green Dot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Green Dot 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.
Pair Trading with Green Dot
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 Green Dot 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 Green Dot will appreciate offsetting losses from the drop in the long position's value.Moving together with Green Stock
| 0.81 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.85 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
Moving against Green Stock
| 0.49 | AMK | AssetMark Financial | PairCorr |
The ability to find closely correlated positions to Green Dot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Dot 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 Green Dot - 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 Green Dot to buy it.
The correlation of Green Dot 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 Green Dot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Dot 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 Green Dot 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.Check out Green Dot Piotroski F Score and Green Dot Altman Z Score analysis. For more information on how to buy Green Stock please use our How to Invest in Green Dot guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Green Stock analysis
When running Green Dot's price analysis, check to measure Green Dot'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 Green Dot is operating at the current time. Most of Green Dot's value examination focuses on studying past and present price action to predict the probability of Green Dot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Dot's price. Additionally, you may evaluate how the addition of Green Dot to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |
Is Green Dot's industry 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 Green Dot. If investors know Green 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 Green Dot 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 (0.87) | Earnings Share (0.48) | Revenue Per Share 29.202 | Quarterly Revenue Growth 0.086 | Return On Assets (0) |
The market value of Green Dot is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Dot's value that differs from its market value or its book value, called intrinsic value, which is Green Dot'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 Green Dot's market value can be influenced by many factors that don't directly affect Green Dot'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 Green Dot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Dot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Dot'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.