Embecta Corp Stock Beta
| EMBC Stock | USD 10.13 0.31 2.97% |
Embecta Corp fundamentals help investors to digest information that contributes to Embecta Corp's financial success or failures. It also enables traders to predict the movement of Embecta Stock. The fundamental analysis module provides a way to measure Embecta Corp'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 Embecta Corp stock.
Embecta | Beta |
Embecta Corp Company Beta Analysis
Embecta Corp's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Embecta Corp Beta | 0.71 |
Most of Embecta Corp's fundamental indicators, such as Beta, 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, Embecta Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Embecta Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Embecta Corp is extremely important. It helps to project a fair market value of Embecta Stock properly, considering its historical fundamentals such as Beta. Since Embecta Corp'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 Embecta Corp'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 Embecta Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Embecta Corp has a Beta of 0.714. This is 16.98% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Embecta Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Embecta Corp's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Embecta Corp could also be used in its relative valuation, which is a method of valuing Embecta Corp by comparing valuation metrics of similar companies.Embecta Corp is currently under evaluation in beta category among related companies.
Embecta Corp Institutional Holders
Institutional Holdings refers to the ownership stake in Embecta Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Embecta Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Embecta Corp's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 975.1 K | Balyasny Asset Management Llc | 2023-12-31 | 857.9 K | Bank Of New York Mellon Corp | 2023-12-31 | 795.8 K | Sio Capital Management, Llc | 2023-12-31 | 736 K | Northern Trust Corp | 2023-12-31 | 665 K | Citadel Advisors Llc | 2023-09-30 | 633.9 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 578.2 K | D. E. Shaw & Co Lp | 2023-09-30 | 536.5 K | Blackrock Inc | 2023-12-31 | 9.4 M | Vanguard Group Inc | 2023-12-31 | 7 M |
As returns on the market increase, Embecta Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embecta Corp is expected to be smaller as well.
Embecta Fundamentals
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 1.94 B | ||||
| Shares Outstanding | 57.58 M | ||||
| Shares Owned By Insiders | 0.46 % | ||||
| Shares Owned By Institutions | 98.70 % | ||||
| Number Of Shares Shorted | 2.54 M | ||||
| Price To Earning | 4.91 X | ||||
| Price To Book | 2.61 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 1.12 B | ||||
| Gross Profit | 774.9 M | ||||
| EBITDA | 247.8 M | ||||
| Net Income | 70.4 M | ||||
| Cash And Equivalents | 292.3 M | ||||
| Cash Per Share | 5.05 X | ||||
| Total Debt | 1.64 B | ||||
| Current Ratio | 2.54 X | ||||
| Book Value Per Share | (13.78) X | ||||
| Cash Flow From Operations | 67.7 M | ||||
| Short Ratio | 5.92 X | ||||
| Earnings Per Share | 0.96 X | ||||
| Target Price | 16.5 | ||||
| Number Of Employees | 2.2 K | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 583.27 M | ||||
| Total Asset | 1.21 B | ||||
| Retained Earnings | (541.1 M) | ||||
| Working Capital | 395.6 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 1.21 B | ||||
| Last Dividend Paid | 0.6 |
About Embecta Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Embecta Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Embecta Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Embecta Corp 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 Embecta Corp
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 Embecta Corp 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 Embecta Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Embecta Stock
| 0.79 | GCTK | GlucoTrack | PairCorr |
| 0.77 | CI | Cigna Corp Financial Report 3rd of May 2024 | PairCorr |
| 0.74 | MCK | McKesson Earnings Call This Week | PairCorr |
| 0.72 | ELV | Elevance Health Financial Report 17th of July 2024 | PairCorr |
| 0.72 | OMI | Owens Minor Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Embecta Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Embecta Corp 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 Embecta Corp - 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 Embecta Corp to buy it.
The correlation of Embecta Corp 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 Embecta Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embecta 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 Embecta Corp 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 Embecta Corp Piotroski F Score and Embecta Corp Altman Z Score analysis. For information on how to trade Embecta Stock refer to our How to Trade Embecta Stock guide.Note that the Embecta Corp information on this page should be used as a complementary analysis to other Embecta Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Embecta Stock analysis
When running Embecta Corp's price analysis, check to measure Embecta Corp'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 Embecta Corp is operating at the current time. Most of Embecta Corp's value examination focuses on studying past and present price action to predict the probability of Embecta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embecta Corp's price. Additionally, you may evaluate how the addition of Embecta Corp to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Embecta Corp'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 Embecta Corp. If investors know Embecta 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 Embecta Corp 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 (0.43) | Dividend Share 0.6 | Earnings Share 0.96 | Revenue Per Share 19.574 | Quarterly Revenue Growth 0.006 |
The market value of Embecta Corp is measured differently than its book value, which is the value of Embecta that is recorded on the company's balance sheet. Investors also form their own opinion of Embecta Corp's value that differs from its market value or its book value, called intrinsic value, which is Embecta Corp'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 Embecta Corp's market value can be influenced by many factors that don't directly affect Embecta Corp'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 Embecta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embecta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embecta Corp'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.