The stock price of Customers Bancorp Inc (NYSE: CUBI) has dropped by -1.07 compared to previous close of 47.60. Despite this, the company has seen a fall of -3.27% in its stock price over the last five trading days. accesswire.com reported 2025-01-08 that NEW YORK, NY / ACCESSWIRE / January 8, 2025 / If you suffered a loss on your Customers Bancorp, Inc. (NYSE:CUBI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/customers-bancorp-inc-lawsuit-submission-form?prid=121625&wire=1 or contact Joseph E. Levi, Esq.
Is It Worth Investing in Customers Bancorp Inc (NYSE: CUBI) Right Now?
The price-to-earnings ratio for Customers Bancorp Inc (NYSE: CUBI) is 7.65x, which is above its average ratio. Moreover, the 36-month beta value for CUBI is 1.70. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for CUBI is 28.73M and currently, short sellers hold a 6.69% of that float. On January 09, 2025, CUBI’s average trading volume was 375.38K shares.
CUBI’s Market Performance
The stock of Customers Bancorp Inc (CUBI) has seen a -3.27% decrease in the past week, with a -15.05% drop in the past month, and a 5.11% gain in the past quarter. The volatility ratio for the week is 4.42%, and the volatility levels for the past 30 days are at 3.91% for CUBI. The simple moving average for the past 20 days is -5.16% for CUBI’s stock, with a -5.56% simple moving average for the past 200 days.
Analysts’ Opinion of CUBI
Many brokerage firms have already submitted their reports for CUBI stocks, with Keefe Bruyette repeating the rating for CUBI by listing it as a “Mkt Perform.” The predicted price for CUBI in the upcoming period, according to Keefe Bruyette is $52 based on the research report published on November 04, 2024 of the previous year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see CUBI reach a price target of $53, previously predicting the price at $79. The rating they have provided for CUBI stocks is “Neutral” according to the report published on September 24th, 2024.
Hovde Group gave a rating of “Market Perform” to CUBI, setting the target price at $49 in the report published on August 09th of the previous year.
CUBI Trading at -8.94% from the 50-Day Moving Average
After a stumble in the market that brought CUBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.25% of loss for the given period.
Volatility was left at 3.91%, however, over the last 30 days, the volatility rate increased by 4.42%, as shares sank -12.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.89% upper at present.
During the last 5 trading sessions, CUBI fell by -3.27%, which changed the moving average for the period of 200-days by -9.37% in comparison to the 20-day moving average, which settled at $49.65. In addition, Customers Bancorp Inc saw -3.27% 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 CUBI starting from Mackay Robert Neil, who sale 4,000 shares at the price of $53.78 back on Nov 20 ’24. After this action, Mackay Robert Neil now owns 4,567 shares of Customers Bancorp Inc, valued at $215,120 using the latest closing price.
SIDHU JAY S, the Chairman & CEO of Customers Bancorp Inc, sale 86,578 shares at $56.54 during a trade that took place back on Nov 11 ’24, which means that SIDHU JAY S is holding 1,090,598 shares at $4,895,285 based on the most recent closing price.
Stock Fundamentals for CUBI
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.99 for the gross margin
The net margin for Customers Bancorp Inc stands at 0.18. The total capital return value is set at 0.01. Equity return is now at value 12.88, with 1.00 for asset returns.
Based on Customers Bancorp Inc (CUBI), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 0.81.
Currently, EBITDA for the company is 360.64 million with net debt to EBITDA at -6.8. When we switch over and look at the enterprise to sales, we see a ratio of -0.17. The receivables turnover for the company is 0.09for 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 0.31.
Conclusion
To wrap up, the performance of Customers Bancorp Inc (CUBI) has been bad in recent times. The stock has received a mixed of “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.
