The stock of Live Oak Bancshares Inc (LOB) has seen a -6.62% decrease in the past week, with a -13.41% drop in the past month, and a -14.94% decrease in the past quarter. The volatility ratio for the week is 5.59%, and the volatility levels for the past 30 days are at 3.40% for LOB.. The simple moving average for the past 20 days is -12.36% for LOB’s stock, with a -3.91% simple moving average for the past 200 days.
Is It Worth Investing in Live Oak Bancshares Inc (NYSE: LOB) Right Now?
The price-to-earnings ratio for Live Oak Bancshares Inc (NYSE: LOB) is above average at 17.25x, Company’s 36-month beta value is 1.58.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LOB is 33.64M, and currently, short sellers hold a 3.00% ratio of that floaft. The average trading volume of LOB on April 26, 2024 was 163.85K shares.
LOB) stock’s latest price update
The stock price of Live Oak Bancshares Inc (NYSE: LOB) has dropped by -14.02 compared to previous close of 39.87. Despite this, the company has seen a fall of -6.62% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that While the top- and bottom-line numbers for Live Oak Bancshares (LOB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of LOB
Many brokerage firms have already submitted their reports for LOB stocks, with JP Morgan repeating the rating for LOB by listing it as a “Overweight.” The predicted price for LOB in the upcoming period, according to JP Morgan is $40 based on the research report published on October 05, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see LOB reach a price target of $26.50, previously predicting the price at $25. The rating they have provided for LOB stocks is “Neutral” according to the report published on April 28th, 2023.
LOB Trading at -12.77% from the 50-Day Moving Average
After a stumble in the market that brought LOB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.40% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 5.59%, as shares sank -16.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.08% lower at present.
During the last 5 trading sessions, LOB fell by -6.62%, which changed the moving average for the period of 200-days by +25.25% in comparison to the 20-day moving average, which settled at $38.77. In addition, Live Oak Bancshares Inc saw -24.66% 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 LOB starting from Davis Micah S, who sale 8,613 shares at the price of $39.87 back on Mar 11 ’24. After this action, Davis Micah S now owns 43,864 shares of Live Oak Bancshares Inc, valued at $343,421 using the latest closing price.
SUTHERLAND JOHN W., the Chief Accounting Officer of Live Oak Bancshares Inc, sale 10,500 shares at $40.66 during a trade that took place back on Mar 07 ’24, which means that SUTHERLAND JOHN W. is holding 46,603 shares at $426,891 based on the most recent closing price.
Stock Fundamentals for LOB
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 1.0 for the gross margin
The net margin for Live Oak Bancshares Inc stands at 0.13. The total capital return value is set at -0.02. Equity return is now at value 10.35, with 0.82 for asset returns.
Based on Live Oak Bancshares Inc (LOB), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 10.07. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -0.22.
Currently, EBITDA for the company is 82.83 million with net debt to EBITDA at -0.17. When we switch over and look at the enterprise to sales, we see a ratio of 2.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
In a nutshell, Live Oak Bancshares Inc (LOB) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
