Wall Street Pummels New York Community Bancorp Inc. (NYCB) After Recent Earnings Report


New York Community Bancorp Inc. (NYSE:NYCB) went down by -3.70% from its latest closing price compared to the recent 1-year high of $13.79. Press Release reported on 09/30/20 that New York Community Bancorp, Inc. To Report Third Quarter 2020 Earnings And Host Conference Call On October 28th

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Is It Worth Investing in New York Community Bancorp Inc. (NYSE :NYCB) Right Now?

New York Community Bancorp Inc. (NYSE:NYCB) scored a price-to-earnings ratio above its average ratio, recording 10.52 x from its present earnings ratio. Plus, the 36-month beta value for NYCB is at 0.99.

NYCB currently public float of 448.08M and currently shorts hold a 4.76% ratio of that float. Today, the average trading volume of NYCB was 3.83M shares.

NYCB’s Market Performance

NYCB stocks went down by 0.00% for the week, with a monthly drop of -2.34% and a quarterly performance of -24.82%, while its annual performance rate touched -38.20%. The volatility ratio for the week stands at 3.49% while the volatility levels for the past 30 days are set at 3.49% for New York Community Bancorp Inc.. The simple moving average for the period of the last 20 days is -1.65% for NYCB stocks with a simple moving average of -16.65% for the last 200 days.

Analysts’ Opinion of NYCB

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see NYCB reach a price target of $12. The rating they have provided for NYCB stocks is “Outperform” according to the report published on April 13th, 2020.

B. Riley FBR gave a rating of “Buy” to NYCB, setting the target price at $13 in the report published on April 13th of the current year.

NYCB Trading at -5.01% from the 50-Day Moving Average

After a stumble in the market that brought NYCB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.59% of loss for the given period.

Volatility was left at 3.49%, however, over the last 30 days, the volatility rate increased by 3.49%, as shares sank -0.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.43% lower at present.

During the last 5 trading sessions, NYCB remain unchanged, which changed the moving average for the period of 200-days by -28.07% in comparison to the 20-day moving average, which settled at $8.47. In addition, New York Community Bancorp Inc. saw -30.70% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NYCB starting from Savarese Lawrence J., who purchase 2,000 shares at the price of $10.20 back on Mar 17. After this action, Savarese Lawrence J. now owns 9,500 shares of New York Community Bancorp Inc., valued at $20,400 using the latest closing price.

Savarese Lawrence J., the Director of New York Community Bancorp Inc., purchase 3,000 shares at $9.68 during a trade that took place back on Mar 13, which means that Savarese Lawrence J. is holding 7,500 shares at $29,043 based on the most recent closing price.

Stock Fundamentals for NYCB

Current profitability levels for the company are sitting at:

  • +27.26 for the present operating margin

The net margin for New York Community Bancorp Inc. stands at +20.66. The total capital return value is set at 2.43, while invested capital returns managed to touch 2.43. Equity return is now at value 5.90, with 0.70 for asset returns.

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Based on New York Community Bancorp Inc. (NYCB), the company’s capital structure generated 221.16 points at debt to equity in total, while total debt to capital is 68.86. Total debt to assets is 27.62, with long-term debt to equity ratio resting at 152.87. Finally, the long-term debt to capital ratio is 44.03.

When we switch over and look at the enterrpise to sales, we see a ratio of 10.43, with the company’s debt to enterprise value settled at 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.

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