Could this be the case of a blown-up long-term opportunity? Popular Inc. (BPOP)

Popular Inc. [BPOP] stock is trading at $101.25, down -0.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BPOP shares have gain 4.92% over the last week, with a monthly amount glided 2.32%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Popular Inc. [NASDAQ: BPOP] stock has seen the most recent analyst activity on October 01, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $105 from $115. On July 25, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $123 on the stock. Hovde Group reiterated its Outperform rating and increased its price target to $113 on April 24, 2024. Barclays initiated its recommendation with a Overweight and recommended $99 as its price target on March 08, 2024. Citigroup started tracking with a Buy rating for this stock on December 01, 2023, and assigned it a price target of $86. In a note dated October 10, 2023, BofA Securities initiated an Neutral rating and provided a target price of $63 on this stock.

Popular Inc. [BPOP] stock has fluctuated between $59.27 and $105.01 over the past year. Currently, Wall Street analysts expect the stock to reach $108.75 within the next 12 months. Popular Inc. [NASDAQ: BPOP] shares were valued at $101.25 at the most recent close of the market. An investor can expect a potential return of 7.41% based on the average BPOP price forecast.

Analyzing the BPOP fundamentals

Popular Inc. [NASDAQ:BPOP] reported sales of 4.12B for the trailing twelve months, which represents a growth of 14.22%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.

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 100.38 points at the first support level, and at 99.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.92, and for the 2nd resistance point, it is at 104.59.

Ratios To Look Out For

For context, Popular Inc.’s Current Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.78, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 14.25.

Transactions by insiders

Recent insider trading involved Burckhart Camille, Executive Vice President, that happened on Aug 20 ’24 when 5917.0 shares were sold. Officer, Camille Burckhart completed a deal on Aug 20 ’24 to buy 5917.0 shares. Meanwhile, EXECUTIVE VICE PRESIDENT MONZON GILBERTO sold 5000.0 shares on Jun 06 ’24.

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