Customers Bancorp Inc (NYSE: CUBI) closed the day trading at $46.62 down -4.90% from the previous closing price of $49.02. On the day, 557920 shares were traded.
Ratios:
For a better understanding of CUBI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.91.
On September 29, 2023, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $60.
DA Davidson Upgraded its Neutral to Buy on October 28, 2022, whereas the target price for the stock was revised from $42 to $44.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Leibold Carla A sold 35,832 shares for $53.15 per share. The transaction valued at 1,904,464 led to the insider holds 41,224 shares of the business.
Hedde Glenn sold 666 shares of CUBI for $36,096 on Feb 27 ’24. The Pres Mortgage WarehouseLending now owns 69,428 shares after completing the transaction at $54.20 per share. On Dec 12 ’23, another insider, Mackay Robert Neil, who serves as the Director of the company, sold 4,000 shares for $48.89 each. As a result, the insider received 195,576 and left with 4,638 shares of the company.
Valuation Measures:
As of this moment, Customers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.37, and their Forward P/E ratio for the next fiscal year is 6.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.98.
Stock Price History:
Over the past 52 weeks, CUBI has reached a high of $60.09, while it has fallen to a 52-week low of $15.80.
Shares Statistics:
A total of 31.44M shares are outstanding, with a floating share count of 29.03M. Insiders hold about 7.81% of the company’s shares, while institutions hold 86.88% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from CuriosityStream Inc. analysts.
