Hope Bancorp Inc. (NASDAQ:HOPE) went down by -0.51% from its latest closing price compared to the recent 1-year high of $16.61. The company’s stock price has collected 1.90% of gains in the last five trading sessions. Press Release reported on 11/15/21 that Hope Bancorp to Participate in the KBW Virtual West Coast Bank Field Trip
Is It Worth Investing in Hope Bancorp Inc. (NASDAQ :HOPE) Right Now?
Hope Bancorp Inc. (NASDAQ:HOPE) scored a price-to-earnings ratio above its average ratio, recording 10.65 x from its present earnings ratio. Plus, the 36-month beta value for HOPE is at 1.51. Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Hope Bancorp Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $17.20, which is $1.61 above the current price. HOPE currently public float of 114.42M and currently shorts hold a 1.91% ratio of that float. Today, the average trading volume of HOPE was 584.81K shares.
HOPE’s Market Performance
HOPE stocks went up by 1.90% for the week, with a monthly jump of 5.12% and a quarterly performance of 14.30%, while its annual performance rate touched 50.19%. The volatility ratio for the week stands at 2.47% while the volatility levels for the past 30 days are set at 2.11% for Hope Bancorp Inc.. The simple moving average for the period of the last 20 days is 2.89% for HOPE stocks with a simple moving average of 7.74% for the last 200 days.
HOPE Trading at 6.23% from the 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, the company was unable to rebound, for now settling with -6.14% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +7.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.26% upper at present.
During the last 5 trading sessions, HOPE rose by +1.90%, which changed the moving average for the period of 200-days by +26.75% in comparison to the 20-day moving average, which settled at $15.21. In addition, Hope Bancorp Inc. saw 42.90% 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 HOPE starting from Stenger Thomas, who sale 3,694 shares at the price of $13.93 back on Aug 24. After this action, Stenger Thomas now owns 2,755 shares of Hope Bancorp Inc., valued at $51,457 using the latest closing price.
Stock Fundamentals for HOPE
Current profitability levels for the company are sitting at:
- +24.33 for the present operating margin
The net margin for Hope Bancorp Inc. stands at +17.19. The total capital return value is set at 5.55, while invested capital returns managed to touch 4.31. Equity return is now at value 8.80, with 1.00 for asset returns.
Based on Hope Bancorp Inc. (HOPE), the company’s capital structure generated 29.74 points at debt to equity in total, while total debt to capital is 22.92. Total debt to assets is 3.56, with long-term debt to equity ratio resting at 21.73. Finally, the long-term debt to capital ratio is 16.75.
When we switch over and look at the enterprise to sales, we see a ratio of 3.70, with the company’s debt to enterprise value settled at 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.