Currently, Hope Bancorp Inc [HOPE] is trading at $12.14, up 3.06%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HOPE shares have gain 2.97% over the last week, with a monthly amount drifted -6.11%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hope Bancorp Inc [NASDAQ: HOPE] stock has seen the most recent analyst activity on April 30, 2024, when DA Davidson upgraded its rating to a Buy but kept the price target unchanged to $12.50 for it. Previously, DA Davidson downgraded its rating to Neutral on May 18, 2022, and dropped its price target to $16. On November 15, 2021, upgrade upgraded it’s rating to Buy. Raymond James downgraded its rating to a Mkt Perform. FIG Partners downgraded its rating to a Market Perform. FIG Partners upgraded its rating to Outperform for this stock on May 02, 2017. In a note dated January 26, 2017, Keefe Bruyette downgraded an Mkt Perform rating on this stock.
This stock has fluctuated between a low of $8.15 and a high of $13.59 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Hope Bancorp Inc [NASDAQ: HOPE] shares were valued at $12.14 at the most recent close of the market. An investor can expect a potential return of 23.56% based on the average HOPE price forecast.
Analyzing the HOPE fundamentals
Trailing Twelve Months sales for Hope Bancorp Inc [NASDAQ:HOPE] were 1.08B which represents -10.01% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
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 12.04 points at the first support level, and at 11.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.25, and for the 2nd resistance point, it is at 12.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hope Bancorp Inc [NASDAQ:HOPE] is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 0.69 and price to earnings (TTM) ratio is 13.62.
Transactions by insiders
Recent insider trading involved Koh Steven, Director, that happened on Jun 12 ’24 when 30543.0 shares were sold. Director, Koh Steven completed a deal on Jun 11 ’24 to sell 3857.0 shares. Meanwhile, EVP, General Counsel Harris Angelee sold 4200.0 shares on May 21 ’24.
