On Monday, Veritex Holdings Inc (NASDAQ: VBTX) opened higher 3.96% from the last session, before settling in for the closing price of $30.07. Price fluctuations for VBTX have ranged from $18.08 to $30.86 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 48.59%. Company’s average yearly earnings per share was noted 3.87% at the time writing. With a float of $52.13 million, this company’s outstanding shares have now reached $54.34 million.
Let’s determine the extent of company efficiency that accounts for 820 employees. In terms of profitability, gross margin is 121.61%, operating margin of 17.05%, and the pretax margin is 16.36%.
Veritex Holdings Inc (VBTX) Insider Activity
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Veritex Holdings Inc is 4.32%, while institutional ownership is 88.16%. The most recent insider transaction that took place on Nov 11 ’24, was worth 508,819. In this transaction Director of this company sold 16,820 shares at a rate of $30.25, taking the stock ownership to the 62,643 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Director sold 7,353 for $30.39, making the entire transaction worth $223,486. This insider now owns 0 shares in total.
Veritex Holdings Inc (VBTX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 3.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 4.39% growth over the previous five years of trading.
Veritex Holdings Inc (NASDAQ: VBTX) Trading Performance Indicators
Check out the current performance indicators for Veritex Holdings Inc (VBTX). 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 12.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Veritex Holdings Inc (VBTX)
Looking closely at Veritex Holdings Inc (NASDAQ: VBTX), its last 5-days average volume was 0.38 million, which is a drop from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 62.96%. Additionally, its Average True Range was 0.92.
During the past 100 days, Veritex Holdings Inc’s (VBTX) raw stochastic average was set at 96.87%, which indicates a significant increase from 88.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.21% in the past 14 days, which was higher than the 38.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.32, while its 200-day Moving Average is $22.76. However, in the short run, Veritex Holdings Inc’s stock first resistance to watch stands at $31.88. Second resistance stands at $32.49. The third major resistance level sits at $33.37. If the price goes on to break the first support level at $30.39, it is likely to go to the next support level at $29.51. Should the price break the second support level, the third support level stands at $28.90.
Veritex Holdings Inc (NASDAQ: VBTX) Key Stats
There are currently 54,484K shares outstanding in the company with a market cap of 1.74 billion. Presently, the company’s annual sales total 745,980 K according to its annual income of 108,260 K. Last quarter, the company’s sales amounted to 209,770 K and its income totaled 31,000 K.
