Let’s look at the key reasons that are pushing UMB Financial Corp. (UMBF) to new highs

On Tuesday, UMB Financial Corp. (NASDAQ: UMBF) was 1.04% up from the session before settling in for the closing price of $98.03. A 52-week range for UMBF has been $57.91 – $99.75.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Financial Sector giant was 17.02%. When this article was written, the company’s average yearly earnings per share was at 2.73%. With a float of $45.67 million, this company’s outstanding shares have now reached $48.55 million.

Let’s determine the extent of company efficiency that accounts for 3599 employees.

UMB Financial Corp. (UMBF) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward UMB Financial Corp. stocks. The insider ownership of UMB Financial Corp. is 6.32%, while institutional ownership is 86.25%. The most recent insider transaction that took place on Jul 03 ’24, was worth 680,400. In this transaction Chairman and CEO of this company sold 8,100 shares at a rate of $84.00, taking the stock ownership to the 1,673,804 shares. Before that another transaction happened on Jul 01 ’24, when Company’s Chairman and CEO sold 8,450 for $83.33, making the entire transaction worth $704,109. This insider now owns 1,681,904 shares in total.

UMB Financial Corp. (UMBF) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 2.73% per share during the next fiscal year.

UMB Financial Corp. (NASDAQ: UMBF) Trading Performance Indicators

You can see what UMB Financial Corp. (UMBF) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92. Likewise, its price to free cash flow for the trailing twelve months is 12.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.54, a number that is poised to hit 2.03 in the next quarter and is forecasted to reach 8.81 in one year’s time.

Technical Analysis of UMB Financial Corp. (UMBF)

Looking closely at UMB Financial Corp. (NASDAQ: UMBF), its last 5-days average volume was 0.48 million, which is a jump from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 86.31%. Additionally, its Average True Range was 2.61.

During the past 100 days, UMB Financial Corp.’s (UMBF) raw stochastic average was set at 96.93%, which indicates a significant increase from 94.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.59% in the past 14 days, which was higher than the 28.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $85.74, while its 200-day Moving Average is $79.94. However, in the short run, UMB Financial Corp.’s stock first resistance to watch stands at $100.00. Second resistance stands at $100.95. The third major resistance level sits at $102.12. If the price goes on to break the first support level at $97.88, it is likely to go to the next support level at $96.71. Now, if the price goes above the second support level, the third support stands at $95.76.

UMB Financial Corp. (NASDAQ: UMBF) Key Stats

There are 48,744K outstanding shares of the company, which has a market capitalization of 4.83 billion. As of now, sales total 2,381 M while income totals 350,020 K. Its latest quarter income was 679,310 K while its last quarter net income were 110,260 K.