Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Mechanics Bancorp (NASDAQ: MCHB) closed at $14.27 up 0.49% from its previous closing price of $14.2. In other words, the price has increased by $0.49 from its previous closing price. On the day, 0.77 million shares were traded. MCHB stock price reached its highest trading level at $14.52 during the session, while it also had its lowest trading level at $13.96.
Ratios:
For a deeper understanding of Mechanics Bancorp’s stock, let’s take a closer look at its various ratios. 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.
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 3156718848 and an Enterprise Value of 1955005824. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.07 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 3.45.
Stock Price History:
The Beta on a monthly basis for MCHB is 1.55, which has changed by 0.29208374 over the last 52 weeks, in comparison to a change of 0.15905356 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 2.69%, while the 200-Day Moving Average is calculated to be 12.79%.
Shares Statistics:
For the past three months, MCHB has traded an average of 426.02K shares per day and 926790 over the past ten days. A total of 220.09M shares are outstanding, with a floating share count of 47.59M. Insiders hold about 78.38% of the company’s shares, while institutions hold 8.59% stake in the company. Shares short for MCHB as of 1764288000 were 1974788 with a Short Ratio of 4.64, compared to 1761868800 on 1127880.
Dividends & Splits
According to the company, the forward annual dividend rate for MCHB is 0.21, from 0.448 in the trailing year. Against a Trailing Annual Dividend Yield of 0.031549297
Earnings Estimates
The dynamic stock of Mechanics Bancorp (MCHB) is currently attracting attention from 1 analysts actively involved in rating its market status.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.
