Witnessing the stock’s movement on the chart, on Thursday, Texas Capital Bancshares, Inc. (NASDAQ: TCBI) had a quiet start as it plunged -4.02% to $63.44, before settling in for the price of $66.10 at the close. Taking a more long-term approach, TCBI posted a 52-week range of $52.89-$72.07.
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
The Financial sector firm’s twelve-monthly sales growth has been 10.03% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -9.39%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -8.73%. This publicly-traded company’s shares outstanding now amounts to $47.24 million, simultaneously with a float of $45.07 million. The organization now has a market capitalization sitting at $2.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $61.52, while the 200-day Moving Average is $59.75.
Texas Capital Bancshares, Inc. (TCBI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. Texas Capital Bancshares, Inc.’s current insider ownership accounts for 2.43%, in contrast to 101.69% institutional ownership. According to the most recent insider trade that took place on Jul 30 ’24, this organization’s Director bought 10,000 shares at the rate of 20.47, making the entire transaction reach 204,700 in total value, affecting insider ownership by 41,294. Preceding that transaction, on Jul 29 ’24, Company’s Director bought 10,000 for 20.46, making the whole transaction’s value amount to 204,600. This particular insider is now the holder of 31,294 in total.
Texas Capital Bancshares, Inc. (TCBI) Earnings and Revenue Records
Texas Capital Bancshares, Inc.’s EPS decrease for this current 12-month fiscal period is -8.73% and is forecasted to reach 4.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the -9.39% growth it accomplished over the previous five years trading on the market.
Texas Capital Bancshares, Inc. (NASDAQ: TCBI) Trading Performance Indicators
Let’s observe the current performance indicators for Texas Capital Bancshares, Inc. (TCBI). The Stock has managed to achieve an average true range (ATR) of 2.27. Alongside those numbers, its PE Ratio stands at $22.94, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.59. Similarly, its price to free cash flow for trailing twelve months is now 8.17.
In the same vein, TCBI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.77, a figure that is expected to reach 0.95 in the next quarter, and analysts are predicting that it will be 4.02 at the market close of one year from today.
Technical Analysis of Texas Capital Bancshares, Inc. (TCBI)
Going through the that latest performance of [Texas Capital Bancshares, Inc., TCBI]. Its last 5-days volume of 0.43 million was inferior to the volume of 0.43 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 35.07% While, its Average True Range was 2.45.
Raw Stochastic average of Texas Capital Bancshares, Inc. (TCBI) in the period of the previous 100 days is set at 50.37%, which indicates a major rise in contrast to 8.39% 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 49.55% that was higher than 30.00% volatility it exhibited in the past 100-days period.
