Bridgford Foods Stock Cash Per Share
| BRID Stock | USD 10.56 0.54 5.39% |
Bridgford Foods fundamentals help investors to digest information that contributes to Bridgford Foods' financial success or failures. It also enables traders to predict the movement of Bridgford Stock. The fundamental analysis module provides a way to measure Bridgford Foods' 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 Bridgford Foods stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 0.02 | 0.02 |
Bridgford | Cash Per Share |
Bridgford Foods Company Cash Per Share Analysis
Bridgford Foods' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Bridgford Foods Cash Per Share | 2.21 X |
Most of Bridgford Foods' fundamental indicators, such as Cash Per Share, 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, Bridgford Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bridgford Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Bridgford Foods is extremely important. It helps to project a fair market value of Bridgford Stock properly, considering its historical fundamentals such as Cash Per Share. Since Bridgford Foods' 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 Bridgford Foods' 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 Bridgford Foods' interrelated accounts and indicators.
Click cells to compare fundamentals
Bridgford Cash Per Share Historical Pattern
Today, most investors in Bridgford Foods Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bridgford Foods' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bridgford Foods cash per share as a starting point in their analysis.
Bridgford Foods Cash Per Share |
| Timeline |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
Bridgford Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Bridgford Foods has a Cash Per Share of 2.21 times. This is 50.78% lower than that of the Food Products sector and 46.36% higher than that of the Consumer Staples industry. The cash per share for all United States stocks is 55.89% higher than that of the company.
Bridgford Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bridgford Foods' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bridgford Foods could also be used in its relative valuation, which is a method of valuing Bridgford Foods by comparing valuation metrics of similar companies.Bridgford Foods is currently under evaluation in cash per share category among related companies.
Bridgford Fundamentals
| Return On Equity | 0.0293 | ||||
| Return On Asset | 0.0168 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 90.21 M | ||||
| Shares Outstanding | 9.08 M | ||||
| Shares Owned By Insiders | 80.70 % | ||||
| Shares Owned By Institutions | 4.79 % | ||||
| Number Of Shares Shorted | 3.92 K | ||||
| Price To Earning | 14.80 X | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 0.39 X | ||||
| Revenue | 251.64 M | ||||
| Gross Profit | 68.16 M | ||||
| EBITDA | 11.35 M | ||||
| Net Income | 3.47 M | ||||
| Cash And Equivalents | 20.11 M | ||||
| Cash Per Share | 2.21 X | ||||
| Total Debt | 7.49 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 2.48 X | ||||
| Book Value Per Share | 14.41 X | ||||
| Cash Flow From Operations | 3.98 M | ||||
| Short Ratio | 2.75 X | ||||
| Earnings Per Share | 0.42 X | ||||
| Target Price | 7.93 | ||||
| Number Of Employees | 671 | ||||
| Beta | -0.62 | ||||
| Market Capitalization | 90.95 M | ||||
| Total Asset | 167 M | ||||
| Retained Earnings | 122.79 M | ||||
| Working Capital | 69.5 M | ||||
| Current Asset | 48.59 M | ||||
| Current Liabilities | 12.22 M | ||||
| Net Asset | 167 M |
About Bridgford Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bridgford Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bridgford Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bridgford Foods 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bridgford Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bridgford Foods' short interest history, or implied volatility extrapolated from Bridgford Foods options trading.
Pair Trading with Bridgford Foods
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 Bridgford Foods 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 Bridgford Foods will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bridgford Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgford Foods 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 Bridgford Foods - 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 Bridgford Foods to buy it.
The correlation of Bridgford Foods 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 Bridgford Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgford Foods 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 Bridgford Foods 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 Bridgford Foods Piotroski F Score and Bridgford Foods Altman Z Score analysis. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Bridgford Stock analysis
When running Bridgford Foods' price analysis, check to measure Bridgford Foods' 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 Bridgford Foods is operating at the current time. Most of Bridgford Foods' value examination focuses on studying past and present price action to predict the probability of Bridgford Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgford Foods' price. Additionally, you may evaluate how the addition of Bridgford Foods to your portfolios can decrease your overall portfolio volatility.
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Is Bridgford Foods' 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 Bridgford Foods. If investors know Bridgford 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 Bridgford Foods 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 0.325 | Earnings Share 0.42 | Revenue Per Share 26.976 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0168 |
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' 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.