BankUnited Inc (NYSE: BKU) has seen a decline in its stock price by -1.11 in relation to its previous close of 41.46. However, the company has experienced a 1.74% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-23 that Improvement in NII and lower provisions support BKU’s Q3 earnings amid weakness in non-interest income and higher expenses.
Is It Worth Investing in BankUnited Inc (NYSE: BKU) Right Now?
The price-to-earnings ratio for BankUnited Inc (NYSE: BKU) is above average at 16.84x. The 36-month beta value for BKU is also noteworthy at 1.35. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 2 rating it as “sell.”
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The public float for BKU is 74.03M, and at present, short sellers hold a 3.28% of that float. The average trading volume of BKU on November 21, 2024 was 793.45K shares.
BKU’s Market Performance
BKU stock saw an increase of 1.74% in the past week, with a monthly gain of 17.08% and a quarterly increase of 11.93%. The volatility ratio for the week is 2.11%, and the volatility levels for the last 30 days are 2.87% for BankUnited Inc (BKU). The simple moving average for the last 20 days is 7.73% for BKU stock, with a simple moving average of 28.85% for the last 200 days.
Analysts’ Opinion of BKU
Many brokerage firms have already submitted their reports for BKU stocks, with Wells Fargo repeating the rating for BKU by listing it as a “Overweight.” The predicted price for BKU in the upcoming period, according to Wells Fargo is $48 based on the research report published on November 13, 2024 of the current year 2024.
Hovde Group, on the other hand, stated in their research note that they expect to see BKU reach a price target of $41, previously predicting the price at $33. The rating they have provided for BKU stocks is “Outperform” according to the report published on July 19th, 2024.
Barclays gave a rating of “Equal Weight” to BKU, setting the target price at $29 in the report published on March 08th of the current year.
BKU Trading at 11.28% 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 -1.56% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares surge +17.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.51% upper at present.
During the last 5 trading sessions, BKU rose by +1.74%, which changed the moving average for the period of 200-days by +59.97% in comparison to the 20-day moving average, which settled at $38.06. In addition, BankUnited Inc saw 26.43% 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 BKU starting from Richards Jay D., who sale 2,500 shares at the price of $41.18 back on Nov 19 ’24. After this action, Richards Jay D. now owns 34,687 shares of BankUnited Inc, valued at $102,950 using the latest closing price.
Richards Jay D., the Officer of BankUnited Inc, proposed sale 2,500 shares at $41.18 during a trade that took place back on Nov 19 ’24, which means that Richards Jay D. is holding shares at $102,950 based on the most recent closing price.
Stock Fundamentals for BKU
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 1.01 for the gross margin
The net margin for BankUnited Inc stands at 0.12. The total capital return value is set at 0.0. Equity return is now at value 8.21, with 0.62 for asset returns.
Based on BankUnited Inc (BKU), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 1.52. The interest coverage ratio of the stock is 0.19.
Currently, EBITDA for the company is 311.14 million with net debt to EBITDA at 12.6. When we switch over and look at the enterprise to sales, we see a ratio of 3.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
In summary, BankUnited Inc (BKU) 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.
