Howard Z Score
HBMD   USA Stock  USD 23.30 0.00 0.00% 
Howard  Z Score 
Howard Z Score Analysis
Howard Bancorp's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Revenues USD  86.15 M  76.12 M  87.53 M  73.1 M 
Revenues  86.15 M  76.12 M  87.53 M  73.1 M 
Z Score  =  Sum Of   5 Factors 
Current Howard Bancorp Z Score  0.6 
Most of Howard Bancorp's fundamental indicators, such as Z Score, 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, Howard Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Howard Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Howard Bancorp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Howard Bancorp'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 Howard Bancorp'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 Howard Bancorp's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competitionAccording to the company's disclosures, Howard Bancorp has a Z Score of 0.6. This is 75.1% lower than that of the Financial Services sector and significantly higher than that of the Banksâ€”Regional industry. The z score for all United States stocks is 93.12% higher than that of the company.
Howard Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Howard Bancorp from analyzing Howard Bancorp's financial statements. These drivers represent accounts that assess Howard Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Howard Bancorp's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  23.53 K  (11.36 K)  54.99 K  (69.73 K)  (80.19 K)  (82.3 K)  
Revenue Per Employee  204.41 K  291.54 K  366.35 K  405.15 K  364.64 K  296.52 K  
Average Assets  1.11 B  2.18 B  2.3 B  2.52 B  2.89 B  3.12 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  12.14 M  319 K  27.43 M  (8.19 M)  (9.42 M)  (9.67 M)  
Earnings Before Interest Taxes and Depreciation Amortization USD  12.14 M  319 K  27.43 M  (8.19 M)  (9.42 M)  (9.67 M)  
Earnings before Tax  10.35 M  (4.72 M)  22.07 M  (13.35 M)  (12.01 M)  (12.33 M)  
Average Equity  129.24 M  292.35 M  306.74 M  295.69 M  340.05 M  366.89 M  
Enterprise Value  299.25 M  398.48 M  549.44 M  420.63 M  483.72 M  396.26 M  
Free Cash Flow  16.49 M  58.03 M  21.22 M  60.26 M  69.3 M  74.77 M  
Invested Capital  1.27 B  2.36 B  2.51 B  2.67 B  3.07 B  3.31 B  
Invested Capital Average  1.17 B  2.27 B  2.41 B  2.67 B  3.07 B  3.31 B  
Market Capitalization  215.93 M  272.18 M  322.1 M  221.35 M  254.55 M  212.27 M  
Tangible Asset Value  1.15 B  2.18 B  2.3 B  2.5 B  2.88 B  3.1 B 
Howard Fundamentals
Return On Equity  8.19 %  
Return On Asset  0.96 %  
Profit Margin  28.69 %  
Operating Margin  46.15 %  
Current Valuation  638.31 M  
Shares Outstanding  18.81 M  
Shares Owned by Insiders  25.76 %  
Shares Owned by Institutions  50.94 %  
Number of Shares Shorted  144.38 K  
Price to Earning  18.05 X  
Price to Book  1.42 X  
Price to Sales  5.14 X  
Revenue  85.35 M  
Gross Profit  76.12 M  
EBITDA  4.05 M  
Net Income  24.49 M  
Cash and Equivalents  64.28 M  
Cash per Share  3.42 X  
Total Debt  268.01 M  
Debt to Equity  9.19 %  
Book Value Per Share  16.38 X  
Cash Flow from Operations  35.98 M  
Short Ratio  2.57 X  
Earnings Per Share  1.29 X  
Number of Employees  235  
Beta  0.91  
Market Capitalization  438.35 M  
Total Asset  946.76 M  
Retained Earnings  37.93 M  
Z Score  0.6 
About Howard Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Howard Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Howard Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Howard Bancorp 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.Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that provides commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. Howard Bancorp, Inc. was founded in 2004 and is headquartered in Baltimore, Maryland. Howard Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 235 people.
Howard Bancorp Investors Sentiment
The influence of Howard Bancorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Howard. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.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 Howard Bancorp 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, Howard Bancorp's short interest history, or implied volatility extrapolated from Howard Bancorp options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Howard Bancorp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Please check Risk vs Return Analysis. Note that the Howard Bancorp information on this page should be used as a complementary analysis to other Howard Bancorp'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 Bond Directory module to find actively traded corporate debentures issued by US companies.
Other Tools for Howard Stock
When running Howard Bancorp price analysis, check to measure Howard Bancorp'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 Howard Bancorp is operating at the current time. Most of Howard Bancorp's value examination focuses on studying past and present price action to predict the probability of Howard Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Howard Bancorp's price. Additionally, you may evaluate how the addition of Howard Bancorp to your portfolios can decrease your overall portfolio volatility.
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