A new trading day began on Monday, with Popular Inc (NASDAQ: BPOP) stock price up 3.16% from the previous day of trading, before settling in for the closing price of $94.33. BPOP’s price has ranged from $66.72 to $105.01 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 51.41% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 4.42%. With a float of $70.29 million, this company’s outstanding shares have now reached $72.15 million.
In an organization with 9088 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 90.21%, operating margin of 17.89%, and the pretax margin is 15.52%.
Popular Inc (BPOP) Insider Updates
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 Popular Inc is 2.09%, while institutional ownership is 89.78%. The most recent insider transaction that took place on Nov 06 ’24, was worth 347,060. In this transaction EVP & Chief Security Officer of this company sold 3,500 shares at a rate of $99.16, taking the stock ownership to the 25,115 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Senior VP & Comptroller sold 1,825 for $97.71, making the entire transaction worth $178,315. This insider now owns 3,332 shares in total.
Popular Inc (BPOP) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.95 per share, which was $0.1 higher 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 2.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.56% during the next five years compared to 1.79% growth over the previous five years of trading.
Popular Inc (NASDAQ: BPOP) Trading Performance Indicators
Here are Popular Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 19.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.36, a number that is poised to hit 2.06 in the next quarter and is forecasted to reach 9.93 in one year’s time.
Technical Analysis of Popular Inc (BPOP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.7 million. That was better than the volume of 0.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.95%. Additionally, its Average True Range was 3.09.
During the past 100 days, Popular Inc’s (BPOP) raw stochastic average was set at 62.25%, which indicates a significant decrease from 82.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.50% in the past 14 days, which was higher than the 35.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.68, while its 200-day Moving Average is $91.03. However, in the short run, Popular Inc’s stock first resistance to watch stands at $98.72. Second resistance stands at $100.12. The third major resistance level sits at $101.63. If the price goes on to break the first support level at $95.81, it is likely to go to the next support level at $94.30. Assuming the price breaks the second support level, the third support level stands at $92.90.
Popular Inc (NASDAQ: BPOP) Key Stats
With a market capitalization of 6.87 billion, the company has a total of 72,335K Shares Outstanding. Currently, annual sales are 3,896 M while annual income is 541,340 K. The company’s previous quarter sales were 1,102 M while its latest quarter income was 154,970 K.
