Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Glacier Bancorp, Inc. (NYSE: GBCI) closed at $37.94 in the last session, down -1.17% from day before closing price of $38.39. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 0.61 million shares were traded. GBCI stock price reached its highest trading level at $38.515 during the session, while it also had its lowest trading level at $37.73.
Ratios:
We take a closer look at GBCI’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 0.76.
On February 21, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $51.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 11 ’23 when Chery Don J. bought 1,000 shares for $27.16 per share. The transaction valued at 27,160 led to the insider holds 49,741 shares of the business.
Chesler Randall M bought 1,223 shares of GBCI for $35,076 on May 08 ’23. The PRESIDENT/CEO now owns 4,685 shares after completing the transaction at $28.68 per share. On May 02 ’23, another insider, Langel Craig A, who serves as the CHAIRMAN OF THE BOARD of the company, bought 3,250 shares for $29.55 each. As a result, the insider paid 96,038 and bolstered with 92,207 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, GBCI now has a Market Capitalization of 4301978624 and an Enterprise Value of 7415266304. As of this moment, Glacier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.70, and their Forward P/E ratio for the next fiscal year is 16.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 9.667.
Stock Price History:
Over the past 52 weeks, GBCI has reached a high of $44.06, while it has fallen to a 52-week low of $26.77. The 50-Day Moving Average of the stock is 0.47%, while the 200-Day Moving Average is calculated to be 8.92%.
Shares Statistics:
According to the various share statistics, GBCI traded on average about 796.78K shares per day over the past 3-months and 791630 shares per day over the past 10 days. A total of 113.38M shares are outstanding, with a floating share count of 112.76M. Insiders hold about 0.55% of the company’s shares, while institutions hold 80.46% stake in the company. Shares short for GBCI as of 1711584000 were 4644111 with a Short Ratio of 5.83, compared to 1709164800 on 5004517. Therefore, it implies a Short% of Shares Outstanding of 4644111 and a Short% of Float of 5.38.
Dividends & Splits
The forward annual dividend rate for GBCI is 1.32, which was 1.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.034383956The stock’s 5-year Average Dividend Yield is 2.89.
