Detailed Review Of Prospects For Customers Bancorp Inc Stock

At the time of writing, Customers Bancorp Inc [CUBI] stock is trading at $44.71, down -2.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The CUBI shares have gain 4.44% over the last week, with a monthly amount drifted -8.44%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Customers Bancorp Inc [NYSE: CUBI] stock has seen the most recent analyst activity on May 02, 2024, when Hovde Group reiterated its Outperform rating and also revised its price target to $63 from $66. On September 29, 2023, Raymond James initiated with a Strong Buy rating and assigned a price target of $60 on the stock. DA Davidson upgraded its rating to a Buy and increased its price target to $44 on October 28, 2022. Keefe Bruyette upgraded its rating to Outperform for this stock on March 29, 2022, and upped its price target to $80. In a note dated March 29, 2022, Stephens initiated an Equal-Weight rating and provided a target price of $62.50 on this stock.

For the past year, the stock price of Customers Bancorp Inc fluctuated between $27.10 and $60.09. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. Customers Bancorp Inc [NYSE: CUBI] shares were valued at $44.71 at the most recent close of the market. An investor can expect a potential return of 16.31% based on the average CUBI price forecast.

Analyzing the CUBI fundamentals

According to Customers Bancorp Inc [NYSE:CUBI], the company’s sales were 1.46B for trailing twelve months, which represents an 5.77% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.16 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.25 points at the first support level, and at 43.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.58, and for the 2nd resistance point, it is at 46.45.

Ratios To Look Out For

It is important to note that Customers Bancorp Inc [NYSE:CUBI] has a current ratio of 0.30. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 6.25.

Transactions by insiders

Recent insider trading involved Leibold Carla A, Chief Financial Officer, that happened on Mar 12 ’24 when 35832.0 shares were sold. Pres Mortgage WarehouseLending, Hedde Glenn completed a deal on Feb 27 ’24 to sell 666.0 shares. Meanwhile, Director Mackay Robert Neil sold 4000.0 shares on Dec 12 ’23.

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