The stock of Bancorp Inc (TBBK) has seen a 1.23% increase in the past week, with a -7.11% drop in the past month, and a 11.03% flourish in the past quarter. The volatility ratio for the week is 4.87%, and the volatility levels for the past 30 days are at 4.47% for TBBK. The simple moving average for the last 20 days is 1.74% for TBBK stock, with a simple moving average of 27.12% for the last 200 days.
Is It Worth Investing in Bancorp Inc (NASDAQ: TBBK) Right Now?
The price-to-earnings ratio for Bancorp Inc (NASDAQ: TBBK) is above average at 13.71x. The 36-month beta value for TBBK is also noteworthy at 1.48. 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 43.78M, and at present, short sellers hold a 14.79% of that float. The average trading volume of TBBK on November 15, 2024 was 615.07K shares.
TBBK) stock’s latest price update
The stock of Bancorp Inc (NASDAQ: TBBK) has decreased by -4.54 when compared to last closing price of 56.82. Despite this, the company has experienced a 1.23% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-11-14 that NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of The Bancorp, Inc. (“The Bancorp, Inc.”) (NASDAQ:TBBK) concerning possible violations of federal securities laws. On October 24, 2024, Bancorp issued a press release announcing its financial results for the third quarter of 2024.
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 2.68% 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 -8.78% of loss for the given period.
Volatility was left at 4.47%, however, over the last 30 days, the volatility rate increased by 4.87%, as shares sank -8.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.92% upper at present.
During the last 5 trading sessions, TBBK rose by +1.23%, which changed the moving average for the period of 200-days by +24.29% in comparison to the 20-day moving average, which settled at $53.31. In addition, Bancorp Inc saw 40.66% 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 Leto John, who sale 51,000 shares at the price of $57.51 back on Nov 13 ’24. After this action, Leto John now owns 154,770 shares of Bancorp Inc, valued at $2,932,964 using the latest closing price.
JOHN LETO, the Officer of Bancorp Inc, proposed sale 51,000 shares at $57.51 during a trade that took place back on Nov 13 ’24, which means that JOHN LETO is holding shares at $2,932,964 based on the most recent closing price.
Stock Fundamentals for TBBK
Current profitability levels for the company are sitting at:
- 0.66 for the present operating margin
- 0.65 for the gross margin
The net margin for Bancorp Inc stands at 0.42. The total capital return value is set at 0.04. 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 1.18. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 2.31.
When we switch over and look at the enterprise to sales, we see a ratio of 5.71. The receivables turnover for the company is 11.29for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.
Conclusion
In summary, Bancorp Inc (TBBK) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
