A Look At The Bancorp Inc. (TBBK) Stock Performance – Stocks Register
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A Look At The Bancorp Inc. (TBBK) Stock Performance

The Bancorp Inc. (NASDAQ:TBBK) concluded the trading at $32.12 on Friday, January 14 with a rise of 3.78% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $30.95 and 5Y monthly beta was reading 1.47 with its price kept floating in the range of $30.434 and $32.19 on the day. Company’s P/E ratio for the trailing 12 months is 17.67. Considering stock’s 52-week price range provides that TBBK hit a high price of $33.36 and saw its price falling to a low level of $15.40 during that period. Over a period of past 1-month, stock came adding 27.71% in its value.

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With its current market valuation of $1.82 billion, The Bancorp Inc. is set to declare its quarterly results on Jan 26, 2022 – Jan 31, 2022. Analysts are in estimates of $0.44 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $1.86 for 2021 with estimates of that growing to $2.17 in next year. These estimates are suggesting current year growth of 34.80% for EPS and 16.70% growth next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $51.7 million. They suggested that in the process company could generate revenue of as low as $50.41 million which could climb up to $53 million to hit a high. The average estimate is representing a decrease of -0.00% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $210.42 million in 2021, which will be 8.00% more from revenue generated by the company last year.

In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review TBBK stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.

Digging deeper we become aware of the PEG ratio of the TBBK stock which is currently positioned at 1.47. It further provides that stock’s current price level is 23.85% away from its 20-day simple moving average and is 14.60% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 77.25 while volatility remained at 5.42% over the past week which changes to 3.85% when measuring it over the past month. Beta is valued at 1.41, while measure of average true range or ATR is currently at 1.15.

In comparing The Bancorp Inc. (TBBK)’s stock with other industry players reveals that stock’s current price change of 3.78% and that of 95.73% over the past 12 months is in competing position with that of First Internet Bancorp (INBK) which saw its stock price fall by -1.33% in the last trading and went through an increase of 68.88% in past 12-month trading. The Bancorp Inc. has a P/E ratio of 17.67 against that of First Internet Bancorp’s 11.10. On the other hand, the S&P 500 Index was up 0.08% in the last trading session while the Dow Jones Industrial closed the session lower at -0.56%.

Having a second look at The Bancorp Inc. (NASDAQ:TBBK) provides that stock’s average daily trading volume for 3 months was 368.45K. Number of outstanding shares of the stock stood at 57.20 million.

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Addition of 26.91% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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