Hope Bancorp, Inc. (NASDAQ:HOPE) went down by -1.19% from its latest closing price when compared to the 1-year high value of $15.51 and move down -20.14%, while HOPE stocks collected -7.95% of loss with the last five trading sessions. Press Release reported on 02/10/20 that Hope Bancorp to Participate in the 2020 Keefe, Bruyette & Woods Winter Financial Services Symposium
Hope Bancorp, Inc. (NASDAQ:HOPE) Worth an Investment?
Hope Bancorp, Inc. (NASDAQ: HOPE) scored price to earnings ratio above its average ratio, recording 9.58 times of increase in earnings at the present.
HOPE Market Performance
HOPE stocks went down by -7.95% for the week, with the monthly drop of -9.02% and a quarterly performance of -9.94%, while its annual performance rate touched -10.37%. The simple moving average for the period of the last 20 days is -8.27% for HOPE stocks with the simple moving average of -8.60% for the last 200 days.
Analysts’ Opinion on Hope Bancorp, Inc. (NASDAQ:HOPE)
Many brokerage firms have already submitted their reports for HOPE stocks, with Raymond James repeating the rating for HOPE shares by setting it to “Mkt Perform”. The predicted price for HOPE socks in the upcoming period according to Raymond James is $44 based on the research report published on November 2, 2017.
FIG Partners, on the other hand, stated in their research note that they expect to see HOPE stock at the price of $44. The rating they have provided for HOPE stocks is “Market Perform” according to the report published on September 15, 2017.
FIG Partners gave “ Outperform” rating to HOPE stocks, setting the target price at $44 in the report published on May 2, 2017.
HOPE Stocks -11.01% Far from 50 Day Moving Average
After a stumble in the market that brought HOPE to its low price for the period of the last 52 weeks, Hope Bancorp, Inc. was unable to take a rebound, for now settling with -16.73% of loss for the given period.
The stock volatility was left at 1.89%, however, within the period of a single month, the volatility rate increased by 2.59%, while the shares sank at the distance of -8.86% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -14.98% lower at the present time.
In the course of the last 5 trading sessions, HOPE went down by -7.95%, which changed the moving average for the period of 200 days to the total of -9.24% of losses for the stock in comparison to the 20-day moving average settled at $14.02. In addition, Hope Bancorp, Inc. saw -13.09% in overturn over the period of a single year with a tendency to cut further losses.
HOPE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Hope Bancorp, Inc. (HOPE), starting from LEE CHUNG HYUN, who sold 6,950 shares at the price of $13.34 back on Aug 27. After this action, Rushing now owns 230,619 shares of Hope Bancorp, Inc., valued at $92,713 with the latest closing price.
LEE CHUNG HYUN, the Director of Hope Bancorp, Inc., sold 3,050 shares at the value of $13.34 during a trade that took place back on Aug 26, which means that LEE CHUNG HYUN is holding 237,569 shares at the value of $40,687 based on the most recent closing price.
HOPE Stock Fundamentals
The current profitability levels are settled at +30.82 for the present operating margin. The net margin for Hope Bancorp, Inc. stands at +23.29. Total capital return value is set at 7.56, while invested capital returns managed to touch 6.07. Equity return holds the value 9.00%, with 1.10% for asset returns.
Based on Hope Bancorp, Inc. (HOPE), the company’s capital structure generated 45.55 points for debt to equity in total, while total debt to capital is set at the value of 31.30.
The value for Enterprise to Sales is 2.73 with debt to enterprise value settled at 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.