The price-to-earnings ratio for Glacier Bancorp, Inc (NYSE: GBCI) is above average at 31.86x, Company’s 36-month beta value is 0.77.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for GBCI is 112.85M, and currently, short sellers hold a 4.45% ratio of that floaft. The average trading volume of GBCI on November 01, 2024 was 604.24K shares.
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GBCI) stock’s latest price update
Glacier Bancorp, Inc (NYSE: GBCI) has seen a decline in its stock price by -0.80 in relation to its previous close of 52.15. However, the company has experienced a 4.35% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-30 that Does Glacier Bancorp (GBCI) have what it takes to be a top stock pick for momentum investors? Let’s find out.
GBCI’s Market Performance
GBCI’s stock has risen by 4.35% in the past week, with a monthly rise of 15.82% and a quarterly rise of 27.33%. The volatility ratio for the week is 3.52% while the volatility levels for the last 30 days are 2.78% for Glacier Bancorp, Inc The simple moving average for the last 20 days is 6.92% for GBCI stock, with a simple moving average of 27.23% for the last 200 days.
Analysts’ Opinion of GBCI
Many brokerage firms have already submitted their reports for GBCI stocks, with Truist repeating the rating for GBCI by listing it as a “Hold.” The predicted price for GBCI in the upcoming period, according to Truist is $34 based on the research report published on July 24, 2023 of the previous year 2023.
Raymond James, on the other hand, stated in their research note that they expect to see GBCI reach a price target of $51. The rating they have provided for GBCI stocks is “Outperform” according to the report published on February 21st, 2023.
Truist gave a rating of “Buy” to GBCI, setting the target price at $60 in the report published on June 21st of the previous year.
GBCI Trading at 11.39% from the 50-Day Moving Average
After a stumble in the market that brought GBCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.07% of loss for the given period.
Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares surge +13.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.16% upper at present.
During the last 5 trading sessions, GBCI rose by +4.50%, which changed the moving average for the period of 200-days by +30.83% in comparison to the 20-day moving average, which settled at $48.39. In addition, Glacier Bancorp, Inc saw 25.21% 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 GBCI starting from Goodwin Annie M., who sale 5,619 shares at the price of $44.55 back on Jul 31 ’24. After this action, Goodwin Annie M. now owns 9,402 shares of Glacier Bancorp, Inc, valued at $250,326 using the latest closing price.
Goodwin Annie M., the Director of Glacier Bancorp, Inc, proposed sale 5,619 shares at $44.56 during a trade that took place back on Jul 31 ’24, which means that Goodwin Annie M. is holding shares at $250,355 based on the most recent closing price.
Stock Fundamentals for GBCI
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 1.0 for the gross margin
The net margin for Glacier Bancorp, Inc stands at 0.15. The total capital return value is set at 0.02. Equity return is now at value 5.97, with 0.65 for asset returns.
Based on Glacier Bancorp, Inc (GBCI), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.19. The interest coverage ratio of the stock is 0.71.
Currently, EBITDA for the company is -39.86 million with net debt to EBITDA at 173.29. When we switch over and look at the enterprise to sales, we see a ratio of 7.76. The receivables turnover for the company is 0.07for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
In a nutshell, Glacier Bancorp, Inc (GBCI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
