Cohn Steers Beta vs. Price to Earning

CNS -  USA Stock  

USD 73.25  2.01  2.82%

For Cohn Steers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cohn Steers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cohn Steers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cohn Steers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cohn Steers over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
Refresh
As of 05/17/2022, Return on Sales is likely to grow to 0.46, while Price to Sales Ratio is likely to drop 7.39. Cohn Steers Consolidated Income is relatively stable at the moment as compared to the past year. Cohn Steers reported last year Consolidated Income of 226.15 Million. As of 05/17/2022, Net Income is likely to grow to about 228.1 M, while Operating Income is likely to drop slightly above 215.8 M.

Cohn Steers Revenues

517 Million

Share
Is Cohn Steers' 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 Cohn Steers. If investors know Cohn Steers 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 Cohn Steers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cohn Steers is measured differently than its book value, which is the value of Cohn Steers that is recorded on the company's balance sheet. Investors also form their own opinion of Cohn Steers' value that differs from its market value or its book value, called intrinsic value, which is Cohn Steers' 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 Cohn Steers' market value can be influenced by many factors that don't directly affect Cohn Steers' 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 Cohn Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine Cohn Steers value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohn Steers' 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.

Cohn Steers Price to Earning vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cohn Steers's current stock value. Our valuation model uses many indicators to compare Cohn Steers value to that of its competitors to determine the firm's financial worth.
Cohn Steers is rated fourth in beta category among related companies. It is rated second in price to earning category among related companies reporting about  19.45  of Price to Earning per Beta. As of 05/17/2022, Price to Earnings Ratio is likely to grow to 24.78, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 234.9 M.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Cohn Steers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cohn Steers' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cohn Steers' earnings, one of the primary drivers of an investment's value.

Cohn Steers Price to Earning vs. Beta

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 will be 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.
Cohn Steers 
Beta 
 = 
Covariance 
Variance 
1.29
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.
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.
Cohn Steers 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
25.09 X
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.

Cohn Steers Price to Earning Comparison

Cohn Steers is currently under evaluation in price to earning category among related companies.

Beta Analysis

Let's try to break down what Cohn Steers's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cohn Steers will likely underperform.

Cohn Steers Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cohn Steers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cohn Steers will eventually generate negative long term returns. The profitability progress is the general direction of Cohn Steers' change in net profit over the period of time. It can combine multiple indicators of Cohn Steers, 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 ReportedProjected for 2022
Accumulated Other Comprehensive Income-5.9 M-6 M
Consolidated Income226.2 M244 M
Net Income211.4 M228.1 M
Net Income Common Stock211.4 M228.1 M
Net Income to Non Controlling Interests14.8 M15.9 M
Operating Income260.4 M215.8 M
Income Tax Expense55.8 M54.2 M
Net Income Per Employee198.1 K223.5 K
Cohen Steers, Inc. is a publicly owned asset management holding company. Cohen Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom Central, Hong Kong Tokyo, Japan and Seattle, Washington. Cohn Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 347 people.

Cohn Steers Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cohn Steers. 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 Cohn Steers 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 Cohn Steers' important profitability drivers and their relationship over time.

Use Cohn Steers 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 Cohn Steers 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 Cohn Steers will appreciate offsetting losses from the drop in the long position's value.

Cohn Steers Pair Trading

Cohn Steers Pair Trading Analysis

The ability to find closely correlated positions to Cohn Steers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohn Steers 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 Cohn Steers - 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 Cohn Steers to buy it.
The correlation of Cohn Steers is a statistical measure of how it moves in relation to other equities. 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 Cohn Steers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohn Steers 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 Cohn Steers 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cohn Steers position

In addition to having Cohn Steers 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?

Run Construction Materials Thematic Idea Now

Construction Materials
Construction Materials Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents.
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 Construction Materials Theme or any other thematic opportunities.
View All  Next Launch Construction Materials
Continue to Trending Equities. Note that the Cohn Steers information on this page should be used as a complementary analysis to other Cohn Steers' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Cohn Steers Stock analysis

When running Cohn Steers price analysis, check to measure Cohn Steers' 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 Cohn Steers is operating at the current time. Most of Cohn Steers' value examination focuses on studying past and present price action to predict the probability of Cohn Steers' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cohn Steers' price. Additionally, you may evaluate how the addition of Cohn Steers to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
To fully project Cohn Steers' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cohn Steers at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cohn Steers' income statement, its balance sheet, and the statement of cash flows.
Potential Cohn Steers investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Cohn Steers investors may work on each financial statement separately, they are all related. The changes in Cohn Steers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cohn Steers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.