In the past week, BKU stock has gone down by -4.66%, with a monthly decline of -7.67% and a quarterly plunge of -16.04%. The volatility ratio for the week is 3.02%, and the volatility levels for the last 30 days are 3.02% for BankUnited Inc The simple moving average for the past 20 days is -4.97% for BKU’s stock, with a -2.33% simple moving average for the past 200 days.
Is It Worth Investing in BankUnited Inc (NYSE: BKU) Right Now?
BankUnited Inc (NYSE: BKU) has a price-to-earnings ratio of 10.85x that is above its average ratio. Additionally, the 36-month beta value for BKU is 1.34. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 rating it as “hold,” and 2 rating it as “sell.”
The public float for BKU is 73.62M and currently, short sellers hold a 4.71% ratio of that float. The average trading volume of BKU on April 11, 2024 was 895.92K shares.
BKU) stock’s latest price update
BankUnited Inc (NYSE: BKU) has seen a decline in its stock price by -6.36 in relation to its previous close of 27.50. However, the company has experienced a -4.66% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-04 that 6 Upcoming Dividend Increases
Analysts’ Opinion of BKU
Many brokerage firms have already submitted their reports for BKU stocks, with Barclays repeating the rating for BKU by listing it as a “Equal Weight.” The predicted price for BKU in the upcoming period, according to Barclays is $29 based on the research report published on March 08, 2024 of the current year 2024.
Citigroup gave a rating of “Neutral” to BKU, setting the target price at $28 in the report published on December 01st of the previous year.
BKU Trading at -4.73% from the 50-Day Moving Average
After a stumble in the market that brought BKU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.75% of loss for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares sank -5.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.20% lower at present.
During the last 5 trading sessions, BKU fell by -4.66%, which changed the moving average for the period of 200-days by +21.23% in comparison to the 20-day moving average, which settled at $27.02. In addition, BankUnited Inc saw -20.60% 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 BKU starting from Malcolm Kevin A., who sale 2,285 shares at the price of $27.18 back on Mar 05 ’24. After this action, Malcolm Kevin A. now owns 11,750 shares of BankUnited Inc, valued at $62,106 using the latest closing price.
Stock Fundamentals for BKU
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 1.15 for the gross margin
The net margin for BankUnited Inc stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 6.98, with 0.48 for asset returns.
Based on BankUnited Inc (BKU), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 3.9. The interest coverage ratio of the stock is 0.52.
Currently, EBITDA for the company is 40.88 million with net debt to EBITDA at 11.73. When we switch over and look at the enterprise to sales, we see a ratio of 4.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
In conclusion, BankUnited Inc (BKU) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
