Bancorp Inc (NASDAQ:TBBK) price on Friday, April 11, rose 1.56% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $43.63.
A look at the stock’s price movement, the close in the last trading session was $42.96, moving within a range at $41.46 and $44.03. The beta value (5-Year monthly) was 1.264 while the PE ratio in trailing twelve months stood at 10.16. Turning to its 52-week performance, $65.84 and $29.92 were the 52-week high and 52-week low respectively. Overall, TBBK moved -13.66% over the past month.
Bancorp Inc’s market cap currently stands at around $2.10 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29.
Analysts have a consensus estimate of 107.72M for the company’s revenue for the quarter, with a low and high estimate of 90.05M and 136.7M respectively. The average forecast suggests up to a 14.09% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 450.84M, representing a 19.83% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TBBK is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend TBBK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TBBK’s current price about -13.89% and -19.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.15, while 7-day volatility ratio is 11.07% and 6.01% in the 30-day chart. Further, Bancorp Inc (TBBK) has a beta value of 1.37, and an average true range (ATR) of 3.36. Analysts have given the company’s stock an average 52-week price target of $79, forecast between a low of $33 and high of $125. Looking at the price targets, the low is 24.36% off current price level while to achieve the yearly target high, price needs to move -186.5%. Nonetheless, investors will most likely welcome a -81.07% jump to $79 which is the analysts’ median price.
If we refocus on Bancorp Inc (NASDAQ:TBBK), historical trading data shows that trading volumes averaged 1.08 over the past 10 days and 620.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 47.31 million shares.
The 7.21% of Bancorp Inc’s shares are in the hands of company insiders while institutional holders own 103.28% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.0 million on 2025-03-14, giving us a short ratio of 11.54. The data shows that as of 2025-03-14 short interest in Bancorp Inc (TBBK) stood at 1598.9999999999998 of shares outstanding, with shares short falling to 6.45 million registered in 2025-02-14. Current price change has pushed the stock -17.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TBBK stock continues to rise going into the next quarter.
