Signature Bank (NASDAQ:SBNY) went up by 1.03% from its latest closing price compared to the recent 1-year high of $263.99. The company’s stock price has collected -7.05% of loss in the last five trading sessions. Press Release reported 11 hours ago that Signature Bank Announces Upsize and Pricing of Public Stock Offering
Is It Worth Investing in Signature Bank (NASDAQ :SBNY) Right Now?
Signature Bank (NASDAQ:SBNY) scored a price-to-earnings ratio above its average ratio, recording 20.82 x from its present earnings ratio. Plus, the 36-month beta value for SBNY is at 2.01. Opinions of the stock are interesting as 18 analysts out of 19 who provided ratings for Signature Bank declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $308.78, which is $60.25 above the current price. SBNY currently public float of 55.60M and currently shorts hold a 2.29% ratio of that float. Today, the average trading volume of SBNY was 503.42K shares.
SBNY’s Market Performance
SBNY stocks went down by -7.05% for the week, with a monthly jump of 0.43% and a quarterly performance of 7.42%, while its annual performance rate touched 131.04%. The volatility ratio for the week stands at 5.11% while the volatility levels for the past 30 days are set at 3.70% for Signature Bank. The simple moving average for the period of the last 20 days is -3.30% for SBNY stocks with a simple moving average of 28.25% for the last 200 days.
Analysts’ Opinion of SBNY
Many brokerage firms have already submitted their reports for SBNY stocks, with JP Morgan repeating the rating for SBNY by listing it as a “Overweight.” The predicted price for SBNY in the upcoming period, according to JP Morgan is $250 based on the research report published on February 09th of the current year 2021.
Hovde Group, on the other hand, stated in their research note that they expect to see SBNY reach a price target of $195, previously predicting the price at $125. The rating they have provided for SBNY stocks is “Outperform” according to the report published on January 25th, 2021.
Seaport Global Securities gave a rating of “Buy” to SBNY, setting the target price at $160 in the report published on December 17th of the previous year.
SBNY Trading at -3.11% from the 50-Day Moving Average
After a stumble in the market that brought SBNY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.88% of loss for the given period.
Volatility was left at 3.70%, however, over the last 30 days, the volatility rate increased by 5.11%, as shares sank -3.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.54% lower at present.
During the last 5 trading sessions, SBNY fell by -5.30%, which changed the moving average for the period of 200-days by +184.69% in comparison to the 20-day moving average, which settled at $245.64. In addition, Signature Bank saw 74.07% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SBNY
Current profitability levels for the company are sitting at:
- +36.36 for the present operating margin
The net margin for Signature Bank stands at +26.15. The total capital return value is set at 7.33, while invested capital returns managed to touch 7.37. Equity return is now at value 10.90, with 0.90 for asset returns.
Based on Signature Bank (SBNY), the company’s capital structure generated 72.65 points at debt to equity in total, while total debt to capital is 42.08. Total debt to assets is 5.71, with long-term debt to equity ratio resting at 33.67. Finally, the long-term debt to capital ratio is 19.50.
When we switch over and look at the enterprise to sales, we see a ratio of -0.41, with the company’s debt to enterprise value settled at -5.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.20.