Stock Yards Bancorp Inc (SYBT) volume hits 1.49 million: A New Opening for Investors

Witnessing the stock’s movement on the chart, on Thursday, Stock Yards Bancorp Inc (NASDAQ: SYBT) set off with pace as it heaved 3.42% to $64.71, before settling in for the price of $62.57 at the close. Taking a more long-term approach, SYBT posted a 52-week range of $36.93-$64.51.

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In the past 5-years timespan, the Financial sector firm’s annual sales growth was 20.80%. Meanwhile, its Annual Earning per share during the time was 8.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.04%. This publicly-traded company’s shares outstanding now amounts to $29.33 million, simultaneously with a float of $26.87 million. The organization now has a market capitalization sitting at $1.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $58.25, while the 200-day Moving Average is $50.18.

Stock Yards Bancorp Inc (SYBT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. Stock Yards Bancorp Inc’s current insider ownership accounts for 8.63%, in contrast to 57.35% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s Director sold 3,000 shares at the rate of 59.16, making the entire transaction reach 177,466 in total value, affecting insider ownership by 30,551.

Stock Yards Bancorp Inc (SYBT) Earnings and Revenue Records

Stock Yards Bancorp Inc’s EPS increase for this current 12-month fiscal period is 1.04% and is forecasted to reach 3.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 8.70% growth it accomplished over the previous five years trading on the market.

Stock Yards Bancorp Inc (NASDAQ: SYBT) Trading Performance Indicators

Let’s observe the current performance indicators for Stock Yards Bancorp Inc (SYBT). The Stock has managed to achieve an average true range (ATR) of 1.96. Alongside those numbers, its PE Ratio stands at $18.17, and its Beta score is 0.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.01. Similarly, its price to free cash flow for trailing twelve months is now 15.60.

In the same vein, SYBT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.56, a figure that is expected to reach 0.94 in the next quarter, and analysts are predicting that it will be 3.86 at the market close of one year from today.

Technical Analysis of Stock Yards Bancorp Inc (SYBT)

Going through the that latest performance of [Stock Yards Bancorp Inc, SYBT]. Its last 5-days volume of 0.37 million indicated improvement to the volume of 89716.0 it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 88.50% While, its Average True Range was 2.04.

Raw Stochastic average of Stock Yards Bancorp Inc (SYBT) in the period of the previous 100 days is set at 99.61%, which indicates a major rise in contrast to 99.05% 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 25.33% that was lower than 32.76% volatility it exhibited in the past 100-days period.