Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Veritex Holdings Inc (NASDAQ: VBTX) closed at $27.62 in the last session, up 0.88% from day before closing price of $27.38. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.15 million shares were traded. VBTX stock price reached its highest trading level at $27.95 during the session, while it also had its lowest trading level at $27.07.
Ratios:
We take a closer look at VBTX’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Raymond James on April 02, 2025, Downgraded its rating to Outperform and sets its target price to $28 from $31 previously.
On January 30, 2025, Hovde Group Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $31.50.
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 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 1498978816 and an Enterprise Value of 749456768. As of this moment, Veritex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.55, and their Forward P/E ratio for the next fiscal year is 11.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.8.
Stock Price History:
The Beta on a monthly basis for VBTX is 1.04, which has changed by 0.361933 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, VBTX has reached a high of $31.62, while it has fallen to a 52-week low of $20.10. The 50-Day Moving Average of the stock is 12.28%, while the 200-Day Moving Average is calculated to be 6.33%.
Shares Statistics:
According to the various share statistics, VBTX traded on average about 406.82K shares per day over the past 3-months and 413200 shares per day over the past 10 days. A total of 54.30M shares are outstanding, with a floating share count of 51.75M. Insiders hold about 4.65% of the company’s shares, while institutions hold 89.67% stake in the company. Shares short for VBTX as of 1749772800 were 1170913 with a Short Ratio of 2.88, compared to 1747267200 on 1300826. Therefore, it implies a Short% of Shares Outstanding of 1170913 and a Short% of Float of 2.2399999999999998.
Dividends & Splits
The forward annual dividend rate for VBTX is 0.82, which was 0.82 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029948866The stock’s 5-year Average Dividend Yield is 3.04.
