Wall Street predicts Popular Inc (BPOP) stock to surge by 7.39%

Popular Inc [BPOP] stock prices are up 0.33% to $93.12 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BPOP shares have gain 4.32% over the last week, with a monthly amount drifted -7.14%, and not 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.

The stock price of Popular Inc [BPOP] has been fluctuating between $80.60 and $106.81 over the past year. Currently, Wall Street analysts expect the stock to reach $100 within the next 12 months. Popular Inc [NASDAQ: BPOP] shares were valued at $93.12 at the most recent close of the market. An investor can expect a potential return of 7.39% based on the average BPOP price forecast.

Analyzing the BPOP fundamentals

The Popular Inc [NASDAQ:BPOP] reported sales of 4.35B for trailing twelve months, representing a surge of 19.31%. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.

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 92.48 points at the first support level, and at 91.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.91, and for the 2nd resistance point, it is at 94.70.

Ratios To Look Out For

It’s worth pointing out that Popular Inc [NASDAQ:BPOP]’s Current Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 10.88.

Transactions by insiders

Recent insider trading involved MONZON GILBERTO, EXECUTIVE VICE PRESIDENT, that happened on Feb 06 ’25 when 9600.0 shares were sold. Executive Vice President, CESTERO LUIS E. completed a deal on Jan 31 ’25 to sell 10000.0 shares. Meanwhile, Executive Vice President SEPULVEDA ELI sold 10000.0 shares on Jan 30 ’25.

Related Posts