In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Customers Bancorp Inc (NYSE: CUBI) closed the day trading at $65.95 up 2.17% from the previous closing price of $64.55. In other words, the price has increased by $2.17 from its previous closing price. On the day, 0.29 million shares were traded. CUBI stock price reached its highest trading level at $67.19 during the session, while it also had its lowest trading level at $64.785.
Ratios:
For a better understanding of CUBI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on November 04, 2024, Downgraded its rating to Mkt Perform and sets its target price to $52 from $57 previously.
On September 24, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $79 to $53.
Hovde Group Downgraded its Outperform to Market Perform on August 09, 2024, while the target price for the stock was maintained at $49.
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 Feb 04 ’25 when SIDHU JAY S sold 67,000 shares for $56.82 per share. The transaction valued at 3,806,846 led to the insider holds 965,723 shares of the business.
SIDHU JAY S sold 33,173 shares of CUBI for $1,899,138 on Jan 31 ’25. The Chairman & CEO now owns 1,032,723 shares after completing the transaction at $57.25 per share. On Jan 31 ’25, another insider, Jay Sidhu, who serves as the Officer of the company, bought 100,173 shares for $56.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CUBI now has a Market Capitalization of 2083215360 and an Enterprise Value of 22653020. As of this moment, Customers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.58, and their Forward P/E ratio for the next fiscal year is 9.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 0.038.
Stock Price History:
The Beta on a monthly basis for CUBI is 1.62, which has changed by 0.3728143 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, CUBI has reached a high of $68.49, while it has fallen to a 52-week low of $40.75. The 50-Day Moving Average of the stock is 24.40%, while the 200-Day Moving Average is calculated to be 29.10%.
Shares Statistics:
Over the past 3-months, CUBI traded about 288.99K shares per day on average, while over the past 10 days, CUBI traded about 451290 shares per day. A total of 31.48M shares are outstanding, with a floating share count of 28.96M. Insiders hold about 8.32% of the company’s shares, while institutions hold 91.10% stake in the company. Shares short for CUBI as of 1749772800 were 1475354 with a Short Ratio of 5.11, compared to 1747267200 on 1776842. Therefore, it implies a Short% of Shares Outstanding of 1475354 and a Short% of Float of 6.9.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
