Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of M & T Bank Corp (NYSE: MTB) was $172.17 for the day, up 0.76% from the previous closing price of $170.87. In other words, the price has increased by $0.76 from its previous closing price. On the day, 1.6 million shares were traded. MTB stock price reached its highest trading level at $173.93 during the session, while it also had its lowest trading level at $170.01.
Ratios:
Our analysis of MTB’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.40.
On September 29, 2023, Odeon Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $133.65.
Argus Upgraded its Hold to Buy on April 18, 2023, while the target price for the stock was maintained at $150.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 14 ’24 when BARNES JOHN P sold 43,426 shares for $154.50 per share. The transaction valued at 6,709,456 led to the insider holds 35,480 shares of the business.
WALTERS KIRK W sold 12,321 shares of MTB for $1,887,695 on May 10 ’24. The Director now owns 0 shares after completing the transaction at $153.21 per share. On May 10 ’24, another insider, WALTERS KIRK W, who serves as the Director of the company, sold 2,650 shares for $153.21 each. As a result, the insider received 406,004 and left with 3,698 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, MTB now has a Market Capitalization of 28791126016 and an Enterprise Value of 21023850496. As of this moment, M’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.78, and their Forward P/E ratio for the next fiscal year is 10.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.481.
Stock Price History:
The Beta on a monthly basis for MTB is 0.77, which has changed by 0.22593284 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, MTB has reached a high of $175.00, while it has fallen to a 52-week low of $108.53. The 50-Day Moving Average of the stock is 13.96%, while the 200-Day Moving Average is calculated to be 24.42%.
Shares Statistics:
MTB traded an average of 832.30K shares per day over the past three months and 1194280 shares per day over the past ten days. A total of 166.14M shares are outstanding, with a floating share count of 165.96M. Insiders hold about 0.54% of the company’s shares, while institutions hold 84.92% stake in the company. Shares short for MTB as of 1719532800 were 2930330 with a Short Ratio of 3.52, compared to 1717113600 on 2874797. Therefore, it implies a Short% of Shares Outstanding of 2930330 and a Short% of Float of 2.0.
Dividends & Splits
With its trailing 12-month dividend rate of 5.25, MTB has a forward annual dividend rate of 5.25. Against a Trailing Annual Dividend Yield of 0.030725114The stock’s 5-year Average Dividend Yield is 3.31. The current Payout Ratio is 32.94% for MTB, which recently paid a dividend on 2024-06-03 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2000-10-06 when the company split stock in a 10:1 ratio.
