Texas Capital Bancshares, Inc (NASDAQ: TCBI) kicked off on Monday, up 4.60% from the previous trading day, before settling in for the closing price of $84.09. Over the past 52 weeks, TCBI has traded in a range of $53.16-$86.00.
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Financial Sector giant saw their annual sales surged by 10.03% over the last five years. While this was happening, its average annual earnings per share was recorded -72.93%. With a float of $45.08 million, this company’s outstanding shares have now reached $47.24 million.
The firm has a total of 1987 workers. Let’s measure their productivity. In terms of profitability, gross margin is 108.88%, operating margin of 3.1%, and the pretax margin is 3.0%.
Texas Capital Bancshares, Inc (TCBI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Texas Capital Bancshares, Inc is 2.44%, while institutional ownership is 98.56%. The most recent insider transaction that took place on Oct 22 ’24, was worth 425,600. In this transaction Director of this company bought 20,000 shares at a rate of $21.28, taking the stock ownership to the 84,587 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Director bought 1,187 for $20.79, making the entire transaction worth $24,678. This insider now owns 175,893 shares in total.
Texas Capital Bancshares, Inc (TCBI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.33 earnings per share (EPS), lower than consensus estimate (set at 0.75) by -0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -72.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.38% during the next five years compared to -9.39% drop over the previous five years of trading.
Texas Capital Bancshares, Inc (NASDAQ: TCBI) Trading Performance Indicators
Take a look at Texas Capital Bancshares, Inc’s (TCBI) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18. Likewise, its price to free cash flow for the trailing twelve months is 6.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 5.66 in one year’s time.
Technical Analysis of Texas Capital Bancshares, Inc (TCBI)
Analysing the last 5-days average volume posted by the [Texas Capital Bancshares, Inc, TCBI], we can find that recorded value of 0.75 million was better than the volume posted last year of 0.43 million. As of the previous 9 days, the stock’s Stochastic %D was 83.08%. Additionally, its Average True Range was 2.51.
During the past 100 days, Texas Capital Bancshares, Inc’s (TCBI) raw stochastic average was set at 97.54%, which indicates a significant increase from 94.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.87% in the past 14 days, which was higher than the 36.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.08, while its 200-day Moving Average is $63.91. Now, the first resistance to watch is $89.43. This is followed by the second major resistance level at $90.90. The third major resistance level sits at $93.04. If the price goes on to break the first support level at $85.82, it is likely to go to the next support level at $83.68. Should the price break the second support level, the third support level stands at $82.21.
Texas Capital Bancshares, Inc (NASDAQ: TCBI) Key Stats
The company with the Market Capitalisation of 4.12 billion has total of 46,212K Shares Outstanding. Its annual sales at the moment are 1,791 M in contrast with the sum of 189,140 K annual income. Company’s last quarter sales were recorded 337,760 K and last quarter income was -61,320 K.
