In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Bancorp Inc. (NASDAQ: TBBK) closed at $32.84 up 1.73% from its previous closing price of $32.28. In other words, the price has increased by $1.73 from its previous closing price. On the day, 0.64 million shares were traded. TBBK stock price reached its highest trading level at $33.06 during the session, while it also had its lowest trading level at $32.23.
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 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 Mar 15 ’24 when Cohn Matthew bought 2,485 shares for $34.21 per share. The transaction valued at 85,000 led to the insider holds 157,627 shares of the business.
Mudick Stephanie B bought 2,000 shares of TBBK for $74,222 on Mar 12 ’24. The Director now owns 31,584 shares after completing the transaction at $37.11 per share. On Mar 12 ’24, another insider, Cohn Matthew, who serves as the Director of the company, bought 1,928 shares for $36.62 each. As a result, the insider paid 70,603 and bolstered with 155,142 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 1715988480 and an Enterprise Value of 1875034624. As of this moment, Bancorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.41, and their Forward P/E ratio for the next fiscal year is 6.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 4.187.
Stock Price History:
The Beta on a monthly basis for TBBK is 1.42, which has changed by 0.19679296 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, TBBK has reached a high of $47.11, while it has fallen to a 52-week low of $25.97. The 50-Day Moving Average of the stock is -13.00%, while the 200-Day Moving Average is calculated to be -12.39%.
Shares Statistics:
For the past three months, TBBK has traded an average of 672.36K shares per day and 529880 over the past ten days. A total of 53.20M shares are outstanding, with a floating share count of 47.89M. Insiders hold about 8.35% of the company’s shares, while institutions hold 94.98% stake in the company. Shares short for TBBK as of 1711584000 were 4515387 with a Short Ratio of 6.72, compared to 1709164800 on 3822343. Therefore, it implies a Short% of Shares Outstanding of 4515387 and a Short% of Float of 10.6400006.
Earnings Estimates
The stock of Bancorp Inc. (TBBK) is currently being evaluated by 3 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $1.05 for the current quarter, with a high estimate of $1.06 and a low estimate of $1.05, while EPS last year was $0.88. The consensus estimate for the next quarter is $1.06, with high estimates of $1.1 and low estimates of $1.02.
Analysts are recommending an EPS of between $4.44 and $4.25 for the fiscal current year, implying an average EPS of $4.36. EPS for the following year is $5, with 3 analysts recommending between $5.35 and $4.55.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $116.51M this quarter.It ranges from a high estimate of $128.2M to a low estimate of $95.7M. As of the current estimate, Bancorp Inc.’s year-ago sales were $79.26M, an estimated increase of 47.00% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for TBBK’s current fiscal year. The highest revenue estimate was $509.19M, while the lowest revenue estimate was $395.3M, resulting in an average revenue estimate of $470.53M. In the same quarter a year ago, actual revenue was $354.05M, up 32.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $493.89M in the next fiscal year. The high estimate is $558.28M and the low estimate is $411M. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.
