Customers Bancorp Inc [CUBI] stock prices are down -0.41% to $58.74 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CUBI shares have gain 8.96% over the last week, with a monthly amount glided 13.99%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Customers Bancorp Inc [NYSE: CUBI] stock has seen the most recent analyst activity on November 04, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $52 from $57. Previously, Wedbush downgraded its rating to Neutral on September 24, 2024, and dropped its price target to $53. On August 09, 2024, downgrade downgraded it’s rating to Market Perform but maintained its price target of $49 on the stock. Hovde Group reiterated its Outperform rating and decreased its price target to $63 on May 02, 2024. Raymond James started tracking with a Strong Buy rating for this stock on September 29, 2023, and assigned it a price target of $60. In a note dated October 28, 2022, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $42 to $44.
The stock price of Customers Bancorp Inc [CUBI] has been fluctuating between $40.75 and $68.49 over the past year. Currently, Wall Street analysts expect the stock to reach $67 within the next 12 months. Customers Bancorp Inc [NYSE: CUBI] shares were valued at $58.74 at the most recent close of the market. An investor can expect a potential return of 14.06% based on the average CUBI price forecast.
Analyzing the CUBI fundamentals
The Customers Bancorp Inc [NYSE:CUBI] reported sales of 1.37B for trailing twelve months, representing a drop of -3.23%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.13%, 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 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
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 58.19 points at the first support level, and at 57.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.83, and for the 2nd resistance point, it is at 60.92.
Ratios To Look Out For
It’s worth pointing out that Customers Bancorp Inc [NYSE:CUBI]’s Current Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 14.76.
Transactions by insiders
Recent insider trading involved SIDHU JAY S, Chairman & CEO, that happened on Feb 04 ’25 when 67000.0 shares were sold. Chairman & CEO, SIDHU JAY S completed a deal on Jan 31 ’25 to sell 33173.0 shares. Meanwhile, Officer Jay Sidhu bought 0.1 million shares on Jan 31 ’25.
