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The price of Mechanics Bancorp (NASDAQ: MCHB) closed at $15.16 in the last session, up 2.43% from day before closing price of $14.8. In other words, the price has increased by $2.43 from its previous closing price. On the day, 0.82 million shares were traded. MCHB stock price reached its highest trading level at $15.44 during the session, while it also had its lowest trading level at $14.81.
Ratios:
We take a closer look at MCHB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
On November 05, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $12.
Janney Upgraded its Neutral to Buy on June 20, 2024, while the target price for the stock was maintained at $13.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 17 ’24 when Hand Erik D bought 5,000 shares for $11.15 per share.
Tompkins Sidney Craig bought 5,000 shares of MCHB for $57,462 on Dec 17 ’24. The Director now owns 5,000 shares after completing the transaction at $11.49 per share. On Dec 18 ’24, another insider, Parr David L, who serves as the EVP, DIR. OF COMM’L BANKING of the company, sold 5,210 shares for $11.53 each. As a result, the insider received 60,097 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCHB now has a Market Capitalization of 3353598976 and an Enterprise Value of 2151885824. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.52 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 3.797.
Stock Price History:
The Beta on a monthly basis for MCHB is 1.54, which has changed by 0.27366614 over the last 52 weeks, in comparison to a change of 0.12469888 over the same period for the S&P500. Over the past 52 weeks, MCHB has reached a high of $15.90, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is 11.03%, while the 200-Day Moving Average is calculated to be 21.94%.
Shares Statistics:
According to the various share statistics, MCHB traded on average about 327.27K shares per day over the past 3-months and 636730 shares per day over the past 10 days. A total of 220.09M shares are outstanding, with a floating share count of 47.37M. Insiders hold about 78.48% of the company’s shares, while institutions hold 8.59% stake in the company. Shares short for MCHB as of 1763078400 were 1127880 with a Short Ratio of 4.84, compared to 1760486400 on 1021428.
Earnings Estimates
The market rating for Mechanics Bancorp (MCHB) is a result of the insights provided by 1 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.27, with high estimates of $0.27 and low estimates of $0.27.
Analysts are recommending an EPS of between $0.78 and $0.78 for the fiscal current year, implying an average EPS of $0.78. EPS for the following year is $1.24, with 1.0 analysts recommending between $1.24 and $1.24.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $209.02M. There is a high estimate of $209.02M for the next quarter, whereas the lowest estimate is $209.02M. Based on 1 analysts’ estimates, the company’s revenue will be $866.6M in the next fiscal year. The high estimate is $866.6M and the low estimate is $866.6M.
