A new trading day began on Tuesday, with Bancorp Inc. (NASDAQ: TBBK) stock price down -1.88% from the previous day of trading, before settling in for the closing price of $49.03. TBBK’s price has ranged from $29.92 to $53.48 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 21.93%. Meanwhile, its annual earnings per share averaged 21.06%. With a float of $44.93 million, this company’s outstanding shares have now reached $53.20 million.
Let’s determine the extent of company efficiency that accounts for 757 employees. In terms of profitability, gross margin is 85.06%, operating margin of 55.65%, and the pretax margin is 47.96%.
Bancorp Inc. (TBBK) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Bancorp Inc. is 8.22%, while institutional ownership is 100.36%. The most recent insider transaction that took place on Jun 03 ’24, was worth 25,006. In this transaction Director of this company sold 766 shares at a rate of $32.64, taking the stock ownership to the 7,638 shares. Before that another transaction happened on May 07 ’24, when Company’s Director bought 1,000 for $32.45, making the entire transaction worth $32,445. This insider now owns 215,038 shares in total.
Bancorp Inc. (TBBK) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.92 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 17.59% growth over the previous five years of trading.
Bancorp Inc. (NASDAQ: TBBK) Trading Performance Indicators
Here are Bancorp Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.62. Likewise, its price to free cash flow for the trailing twelve months is 11.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 5.22 in one year’s time.
Technical Analysis of Bancorp Inc. (TBBK)
Looking closely at Bancorp Inc. (NASDAQ: TBBK), its last 5-days average volume was 0.66 million, which is a jump from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 18.97%. Additionally, its Average True Range was 1.84.
During the past 100 days, Bancorp Inc.’s (TBBK) raw stochastic average was set at 77.21%, which indicates a significant increase from 18.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.36% in the past 14 days, which was lower than the 37.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.41, while its 200-day Moving Average is $39.55. However, in the short run, Bancorp Inc.’s stock first resistance to watch stands at $49.27. Second resistance stands at $50.44. The third major resistance level sits at $51.58. If the price goes on to break the first support level at $46.96, it is likely to go to the next support level at $45.82. Now, if the price goes above the second support level, the third support stands at $44.65.
Bancorp Inc. (NASDAQ: TBBK) Key Stats
With a market capitalization of 2.36 billion, the company has a total of 52,250K Shares Outstanding. Currently, annual sales are 621,600 K while annual income is 192,300 K. The company’s previous quarter sales were 168,020 K while its latest quarter income was 53,690 K.
