Texas Capital Bancshares, Inc (NASDAQ: TCBI) on Tuesday, soared 3.66% from the previous trading day, before settling in for the closing price of $77.23. Within the past 52 weeks, TCBI’s price has moved between $54.68 and $91.80.
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A company in the Financial sector has jumped its sales by 6.35% annually for the last half of the decade. The company achieved an average annual earnings per share of 335.58%. With a float of $45.07 million, this company’s outstanding shares have now reached $46.23 million.
In an organization with 1987 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 83.68%, operating margin of 9.26%, and the pretax margin is 3.0%.
Texas Capital Bancshares, Inc (TCBI) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Texas Capital Bancshares, Inc is 2.47%, while institutional ownership is 96.75%. The most recent insider transaction that took place on Jan 31 ’25, was worth 144,584. In this transaction Director of this company bought 6,788 shares at a rate of $21.30, taking the stock ownership to the 190,413 shares. Before that another transaction happened on Feb 03 ’25, when Company’s Director bought 5,000 for $21.17, making the entire transaction worth $105,850. This insider now owns 195,413 shares in total.
Texas Capital Bancshares, Inc (TCBI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 335.58% per share during the next fiscal year.
Texas Capital Bancshares, Inc (NASDAQ: TCBI) Trading Performance Indicators
Texas Capital Bancshares, Inc (TCBI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91. Likewise, its price to free cash flow for the trailing twelve months is 6.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.28, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 6.32 in one year’s time.
Technical Analysis of Texas Capital Bancshares, Inc (TCBI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.47 million. That was inferior than the volume of 0.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.51%. Additionally, its Average True Range was 2.31.
During the past 100 days, Texas Capital Bancshares, Inc’s (TCBI) raw stochastic average was set at 55.48%, which indicates a significant decrease from 65.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.46% in the past 14 days, which was lower than the 32.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.26, while its 200-day Moving Average is $70.29. However, in the short run, Texas Capital Bancshares, Inc’s stock first resistance to watch stands at $81.43. Second resistance stands at $82.80. The third major resistance level sits at $85.29. If the price goes on to break the first support level at $77.57, it is likely to go to the next support level at $75.08. The third support level lies at $73.71 if the price breaches the second support level.
Texas Capital Bancshares, Inc (NASDAQ: TCBI) Key Stats
Market capitalization of the company is 3.70 billion based on 46,212K outstanding shares. Right now, sales total 1,761 M and income totals 77,510 K. The company made 491,650 K in profit during its latest quarter, and 71,020 K in sales during its previous quarter.
