Bancorp Inc (TBBK) Shares on the Decline: Short-term Analysis

At the time of writing, Bancorp Inc [TBBK] stock is trading at $58.83, down -2.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TBBK shares have gain 7.06% over the last week, with a monthly amount glided 17.20%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bancorp Inc [NASDAQ: TBBK] stock has seen the most recent analyst activity on January 30, 2023, when Raymond James initiated its Outperform rating and assigned the stock a price target of $38. Previously, Keefe Bruyette started tracking the stock with Outperform rating on January 12, 2022, and set its price target to $40. On December 03, 2019, upgrade upgraded it’s rating to Buy. Raymond James upgraded its rating to a Strong Buy. Raymond James upgraded its rating to a Outperform. Raymond James downgraded its rating to Mkt Perform for this stock on February 01, 2017. In a note dated November 30, 2016, Piper Jaffray initiated an Neutral rating and provided a target price of $7.50 on this stock.

For the past year, the stock price of Bancorp Inc fluctuated between $29.92 and $61.17. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Bancorp Inc [NASDAQ: TBBK] shares were valued at $58.83 at the most recent close of the market. An investor can expect a potential return of 1.99% based on the average TBBK price forecast.

Analyzing the TBBK fundamentals

According to Bancorp Inc [NASDAQ:TBBK], the company’s sales were 665.58M for trailing twelve months, which represents an 10.02% jump. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.26 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.

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 58.24 points at the first support level, and at 57.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.61, and for the 2nd resistance point, it is at 60.40.

Ratios To Look Out For

It is important to note that Bancorp Inc [NASDAQ:TBBK] has a current ratio of 0.02. Considering the valuation of this stock, the price to sales ratio is 4.24, the price to book ratio is 3.48 and price to earnings (TTM) ratio is 14.87.

Transactions by insiders

Recent insider trading involved Leto John, EVP Head of Institutional Bank, that happened on Nov 13 ’24 when 51000.0 shares were sold. Officer, JOHN LETO completed a deal on Nov 13 ’24 to buy 51000.0 shares. Meanwhile, Director BRADLEY MICHAEL J bought 25000.0 shares on Nov 11 ’24.

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