At the time of writing, Popular Inc [BPOP] stock is trading at $98.71, down -0.57%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BPOP shares have gain 4.26% over the last week, with a monthly amount glided 3.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wells Fargo downgraded its rating to Equal Weight on October 01, 2024, and dropped its price target to $105. Hovde Group reiterated its Outperform rating and increased its price target to $123 on July 25, 2024. Hovde Group reiterated its recommendation of a Outperform and raised its price target to $113 on April 24, 2024. Barclays started tracking with a Overweight rating for this stock on March 08, 2024, and assigned it a price target of $99. In a note dated December 01, 2023, Citigroup initiated an Buy rating and provided a target price of $86 on this stock.
For the past year, the stock price of Popular Inc fluctuated between $79.01 and $105.01. Currently, Wall Street analysts expect the stock to reach $107.67 within the next 12 months. Popular Inc [NASDAQ: BPOP] shares were valued at $98.71 at the most recent close of the market. An investor can expect a potential return of 9.08% based on the average BPOP price forecast.
Analyzing the BPOP fundamentals
According to Popular Inc [NASDAQ:BPOP], the company’s sales were 4.17B for trailing twelve months, which represents an 4.80% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
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 98.16 points at the first support level, and at 97.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.56, and for the 2nd resistance point, it is at 100.40.
Ratios To Look Out For
It is important to note that Popular Inc [NASDAQ:BPOP] has a current ratio of 0.17. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 13.41.
Transactions by insiders
Recent insider trading involved Castellvi Beatriz, EVP & Chief Security Officer, that happened on Nov 06 ’24 when 3500.0 shares were sold. Senior VP & Comptroller, Rodriguez Adorno Denissa completed a deal on Nov 06 ’24 to sell 1825.0 shares. Meanwhile, Executive Vice President Burckhart Camille sold 5917.0 shares on Aug 20 ’24.
