For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Veritex Holdings Inc (NASDAQ: VBTX) closed at $25.86 down -1.75% from its previous closing price of $26.32. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 0.58 million shares were traded. VBTX stock price reached its highest trading level at $26.835 during the session, while it also had its lowest trading level at $25.7.
Ratios:
For a deeper understanding of Veritex Holdings Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.
On September 17, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Mkt Perform but kept the price unchanged to $30.
Hovde Group Downgraded its Outperform to Market Perform on July 05, 2023, while the target price for the stock was maintained at $20.50.
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 Nov 11 ’24 when Sughrue John sold 16,820 shares for $30.25 per share. The transaction valued at 508,819 led to the insider holds 62,643 shares of the business.
Sughrue John sold 7,353 shares of VBTX for $223,486 on Nov 11 ’24. The Director now owns 0 shares after completing the transaction at $30.39 per share. On Nov 11 ’24, another insider, Sughrue John, who serves as the Director of the company, bought 24,028 shares for $30.29 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VBTX now has a Market Capitalization of 1408953728 and an Enterprise Value of 564709888. As of this moment, Veritex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.52, and their Forward P/E ratio for the next fiscal year is 11.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.522.
Stock Price History:
Over the past 52 weeks, VBTX has reached a high of $31.62, while it has fallen to a 52-week low of $18.08. The 50-Day Moving Average of the stock is -10.01%, while the 200-Day Moving Average is calculated to be 7.76%.
Shares Statistics:
For the past three months, VBTX has traded an average of 391.84K shares per day and 498520 over the past ten days. A total of 54.45M shares are outstanding, with a floating share count of 52.13M. Insiders hold about 4.31% of the company’s shares, while institutions hold 88.20% stake in the company. Shares short for VBTX as of 1734048000 were 1677843 with a Short Ratio of 4.28, compared to 1731628800 on 1366884. Therefore, it implies a Short% of Shares Outstanding of 1677843 and a Short% of Float of 3.7600000000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for VBTX is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030395137The stock’s 5-year Average Dividend Yield is 3.02.
