The stock of Bancorp Inc. (TBBK) has seen a -19.24% decrease in the past week, with a -9.28% drop in the past month, and a -6.87% decrease in the past quarter. The volatility ratio for the week is 5.02%, and the volatility levels for the past 30 days are at 3.52% for TBBK. The simple moving average for the past 20 days is -13.54% for TBBK’s stock, with a 12.35% simple moving average for the past 200 days.
Is It Worth Investing in Bancorp Inc. (NASDAQ: TBBK) Right Now?
Bancorp Inc. (NASDAQ: TBBK) has a price-to-earnings ratio of 11.88x that is above its average ratio. Additionally, the 36-month beta value for TBBK is 1.45. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TBBK is 44.70M and currently, short sellers hold a 15.47% ratio of that float. The average trading volume of TBBK on October 28, 2024 was 589.08K shares.
TBBK) stock’s latest price update
Bancorp Inc. (NASDAQ: TBBK)’s stock price has dropped by -14.47 in relation to previous closing price of 54.96. Nevertheless, the company has seen a loss of -19.24% in its stock price over the last five trading days. accesswire.com reported 2024-10-27 that LOS ANGELES, CA / ACCESSWIRE / October 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. (“Customers Bancorp” or “the Company”) (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Analysts’ Opinion of TBBK
Many brokerage firms have already submitted their reports for TBBK stocks, with Raymond James repeating the rating for TBBK by listing it as a “Outperform.” The predicted price for TBBK in the upcoming period, according to Raymond James is $38 based on the research report published on January 30, 2023 of the previous year 2023.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see TBBK reach a price target of $40. The rating they have provided for TBBK stocks is “Outperform” according to the report published on January 12th, 2022.
TBBK Trading at -9.76% from the 50-Day Moving Average
After a stumble in the market that brought TBBK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.67% of loss for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares sank -10.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.42% lower at present.
During the last 5 trading sessions, TBBK fell by -19.24%, which changed the moving average for the period of 200-days by +20.41% in comparison to the 20-day moving average, which settled at $54.37. In addition, Bancorp Inc. saw 21.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TBBK starting from Creuzot Cheryl, who sale 766 shares at the price of $32.64 back on Jun 03 ’24. After this action, Creuzot Cheryl now owns 7,638 shares of Bancorp Inc., valued at $25,006 using the latest closing price.
Lamb William H, the Director of Bancorp Inc., purchase 1,000 shares at $32.45 during a trade that took place back on May 07 ’24, which means that Lamb William H is holding 215,038 shares at $32,445 based on the most recent closing price.
Stock Fundamentals for TBBK
Current profitability levels for the company are sitting at:
- 0.48 for the present operating margin
- 0.2 for the gross margin
The net margin for Bancorp Inc. stands at 0.97. The total capital return value is set at 0.01. Equity return is now at value 25.89, with 2.64 for asset returns.
Based on Bancorp Inc. (TBBK), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 1.19. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 3.15.
Currently, EBITDA for the company is 1.0 with net debt to EBITDA at 25.56. When we switch over and look at the enterprise to sales, we see a ratio of 11.67. The receivables turnover for the company is 4.93for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.
Conclusion
In conclusion, Bancorp Inc. (TBBK) has seen mixed performance in recent times. Analysts have a mixed 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.
