The Bancorp Inc. (NASDAQ: TBBK) established initial surge of 6.81% at $31.99, as the Stock market unbolted on March 16, 2023. During the day, the stock rose to $32.53 and sunk to $29.00 before settling in for the price of $29.95 at the close. Taking a more long-term approach, TBBK posted a 52-week range of $16.59-$37.58.
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It was noted that the giant of the Financial sector posted annual sales growth of 20.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 29.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.10%. This publicly-traded company’s shares outstanding now amounts to $55.88 million, simultaneously with a float of $53.91 million. The organization now has a market capitalization sitting at $1.88 billion. At the time of writing, stock’s 50-day Moving Average stood at $32.52, while the 200-day Moving Average is $26.52.
The Bancorp Inc. (TBBK) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the The Bancorp Inc. industry. The Bancorp Inc.’s current insider ownership accounts for 0.40%, in contrast to 94.60% institutional ownership. According to the most recent insider trade that took place on Mar 13, this organization’s Director bought 2,300 shares at the rate of 27.14, making the entire transaction reach 62,411 in total value, affecting insider ownership by 20,830. Preceding that transaction, on Mar 13, Company’s Director bought 2,000 for 26.50, making the whole transaction’s value amount to 53,000. This particular insider is now the holder of 118,725 in total.
The Bancorp Inc. (TBBK) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2022, it has been observed that the corporation posted $0.71 earnings per share (EPS) during the time that was better the consensus figure (set at $0.7) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
The Bancorp Inc.’s EPS increase for this current 12-month fiscal period is 21.10% and is forecasted to reach 3.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the 29.80% growth it accomplished over the previous five years trading on the market.
The Bancorp Inc. (NASDAQ: TBBK) Trading Performance Indicators
Let’s observe the current performance indicators for The Bancorp Inc. (TBBK). The Stock has managed to achieve an average true range (ATR) of 2.01. Alongside those numbers, its PE Ratio stands at $14.06, and its Beta score is 1.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.10. Similarly, its price to free cash flow for trailing twelve months is now 16.22.
In the same vein, TBBK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.28, a figure that is expected to reach 0.77 in the next quarter, and analysts are predicting that it will be 3.98 at the market close of one year from today.
Technical Analysis of The Bancorp Inc. (TBBK)
Now, what If we examine the latest scores posted by [The Bancorp Inc., TBBK]. During the last 5-days, its volume was better the volume of 0.39 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 54.16% While, its Average True Range was 2.40.
Raw Stochastic average of The Bancorp Inc. (TBBK) in the period of the previous 100 days is set at 60.85%, which indicates a major fall in contrast to 66.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 103.22% that was higher than 57.51% volatility it exhibited in the past 100-days period.