New York Community Bancorp Inc. (NYSE:NYCB) went up by 3.48% from its latest closing price compared to the recent 1-year high of $13.23. The company’s stock price has collected 2.24% of gains in the last five trading sessions. Press Release reported 15 hours ago that New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading
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 12.00 x from its present earnings ratio. Plus, the 36-month beta value for NYCB is at 1.06. Opinions of the stock are interesting as 7 analysts out of 14 who provided ratings for New York Community Bancorp Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $15.42, which is $2.35 above the current price. NYCB currently public float of 455.91M and currently shorts hold a 10.43% ratio of that float. Today, the average trading volume of NYCB was 6.41M shares.
NYCB’s Market Performance
NYCB stocks went up by 2.24% for the week, with a monthly jump of 0.71% and a quarterly performance of 10.17%, while its annual performance rate touched 46.22%. The volatility ratio for the week stands at 2.33% while the volatility levels for the past 30 days are set at 2.13% for New York Community Bancorp Inc.. The simple moving average for the period of the last 20 days is 2.80% for NYCB stocks with a simple moving average of 10.45% for the last 200 days.
Analysts’ Opinion of NYCB
Many brokerage firms have already submitted their reports for NYCB stocks, with UBS repeating the rating for NYCB by listing it as a “Neutral.” The predicted price for NYCB in the upcoming period, according to UBS is $11 based on the research report published on February 05th of the current year 2021.
Compass Point, on the other hand, stated in their research note that they expect to see NYCB reach a price target of $13. The rating they have provided for NYCB stocks is “Buy” according to the report published on January 15th, 2021.
Morgan Stanley gave a rating of “Equal-Weight” to NYCB, setting the target price at $9.50 in the report published on November 06th of the previous year.
NYCB Trading at 7.31% 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 -3.40% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares surge +1.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.80% upper at present.
During the last 5 trading sessions, NYCB rose by +2.24%, which changed the moving average for the period of 200-days by +30.94% in comparison to the 20-day moving average, which settled at $12.44. In addition, New York Community Bancorp Inc. saw 21.14% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NYCB starting from Rosenfeld Ronald A., who purchase 20,000 shares at the price of $12.35 back on Aug 10. After this action, Rosenfeld Ronald A. now owns 139,786 shares of New York Community Bancorp Inc., valued at $247,000 using the latest closing price.
Dahya Hanif, the Director of New York Community Bancorp Inc., purchase 20,000 shares at $11.91 during a trade that took place back on Jun 15, which means that Dahya Hanif is holding 171,301 shares at $238,194 based on the most recent closing price.
Stock Fundamentals for NYCB
Current profitability levels for the company are sitting at:
- +33.24 for the present operating margin
The net margin for New York Community Bancorp Inc. stands at +28.57. The total capital return value is set at 2.63, while invested capital returns managed to touch 2.86. Equity return is now at value 8.90, with 1.00 for asset returns.
Based on New York Community Bancorp Inc. (NYCB), the company’s capital structure generated 238.98 points at debt to equity in total, while total debt to capital is 70.50. Total debt to assets is 28.99, with long-term debt to equity ratio resting at 193.10. Finally, the long-term debt to capital ratio is 52.78.
When we switch over and look at the enterprise to sales, we see a ratio of 12.10, with the company’s debt to enterprise value settled at 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.