Daily Progress: Bancorp Inc. (TBBK) Drop -1.88, Closing at 48.11

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In the latest session, Bancorp Inc. (NASDAQ: TBBK) closed at $48.11 down -1.88% from its previous closing price of $49.03. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 0.71 million shares were traded. TBBK stock price reached its highest trading level at $49.29 during the session, while it also had its lowest trading level at $46.98.

Ratios:

For a deeper understanding of Bancorp Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.

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 this company, Raymond James on January 30, 2023, initiated with a Outperform rating and assigned the stock a target price of $38.

On January 12, 2022, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $40.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 03 ’24 when Creuzot Cheryl sold 766 shares for $32.64 per share. The transaction valued at 25,006 led to the insider holds 7,638 shares of the business.

Lamb William H bought 1,000 shares of TBBK for $32,445 on May 07 ’24. The Director now owns 215,038 shares after completing the transaction at $32.45 per share. On May 07 ’24, another insider, KOZLOV HERSH, who serves as the Director of the company, bought 1,000 shares for $32.53 each. As a result, the insider paid 32,530 and bolstered with 111,264 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, TBBK now has a Market Capitalization of 2399481344 and an Enterprise Value of 2497398528. As of this moment, Bancorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.55, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at 5.387.

Stock Price History:

Over the past 52 weeks, TBBK has reached a high of $53.48, while it has fallen to a 52-week low of $29.92. The 50-Day Moving Average of the stock is 1.92%, while the 200-Day Moving Average is calculated to be 21.78%.

Shares Statistics:

For the past three months, TBBK has traded an average of 640.99K shares per day and 581220 over the past ten days. A total of 53.20M shares are outstanding, with a floating share count of 44.93M. Insiders hold about 8.22% of the company’s shares, while institutions hold 100.36% stake in the company. Shares short for TBBK as of 1723680000 were 7323483 with a Short Ratio of 11.43, compared to 1721001600 on 7096722. Therefore, it implies a Short% of Shares Outstanding of 7323483 and a Short% of Float of 19.07.

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