The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Live Oak Bancshares Inc (NYSE: LOB) closed the day trading at $27.54 down -2.65% from the previous closing price of $28.29. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 1.12 million shares were traded. LOB stock price reached its highest trading level at $28.3301 during the session, while it also had its lowest trading level at $26.53.
Ratios:
For a better understanding of LOB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
On April 28, 2023, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $25 to $26.50.
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 Nov 13 ’24 when SUTHERLAND JOHN W. sold 12,588 shares for $49.00 per share. The transaction valued at 616,837 led to the insider holds 14,015 shares of the business.
SUTHERLAND JOHN W. bought 12,588 shares of LOB for $616,837 on Nov 13 ’24. On Nov 07 ’24, another insider, Seward Gregory W, who serves as the General Counsel of the company, sold 10,000 shares for $47.02 each. As a result, the insider received 470,169 and left with 86,882 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, LOB now has a Market Capitalization of 1249197952 and an Enterprise Value of 757434560. As of this moment, Live’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.25, and their Forward P/E ratio for the next fiscal year is 8.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.88.
Stock Price History:
The Beta on a monthly basis for LOB is 1.73, which has changed by -0.32681495 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, LOB has reached a high of $50.57, while it has fallen to a 52-week low of $27.57. The 50-Day Moving Average of the stock is -18.93%, while the 200-Day Moving Average is calculated to be -31.12%.
Shares Statistics:
Over the past 3-months, LOB traded about 211.72K shares per day on average, while over the past 10 days, LOB traded about 364420 shares per day. A total of 45.19M shares are outstanding, with a floating share count of 34.58M. Insiders hold about 23.48% of the company’s shares, while institutions hold 67.43% stake in the company. Shares short for LOB as of 1740700800 were 1210683 with a Short Ratio of 5.72, compared to 1738281600 on 1240637. Therefore, it implies a Short% of Shares Outstanding of 1210683 and a Short% of Float of 4.2600001999999995.
Dividends & Splits
LOB’s forward annual dividend rate is 0.12, up from 0.12 a year ago. Against a Trailing Annual Dividend Yield of 0.0042417813The stock’s 5-year Average Dividend Yield is 0.36.
