Bank of Marin Bancorp [BMRC] stock is trading at $25.7, up 1.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BMRC shares have gain 13.22% over the last week, with a monthly amount glided 17.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank of Marin Bancorp [NASDAQ: BMRC] stock has seen the most recent analyst activity on December 09, 2024, when Stephens upgraded its rating to a Overweight. Previously, DA Davidson upgraded its rating to Buy on October 10, 2024, and kept the price target unchanged to $24. On March 02, 2023, upgrade upgraded it’s rating to Buy. Stephens started tracking the stock assigning a Equal-Weight rating and suggested a price target of $40 on December 28, 2021. Keefe Bruyette upgraded its rating to Outperform for this stock on July 20, 2021, but kept the price target unchanged to $43. In a note dated December 16, 2020, Janney downgraded an Neutral rating on this stock.
Bank of Marin Bancorp [BMRC] stock has fluctuated between $15.93 and $27.11 over the past year. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Bank of Marin Bancorp [NASDAQ: BMRC] shares were valued at $25.7 at the most recent close of the market. An investor can expect a potential drop of -6.61% based on the average BMRC price forecast.
Analyzing the BMRC fundamentals
Bank of Marin Bancorp [NASDAQ:BMRC] reported sales of 121.13M for the trailing twelve months, which represents a growth of 3.29%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 25.51 points at the first support level, and at 25.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.95, and for the 2nd resistance point, it is at 26.20.
Ratios To Look Out For
For context, Bank of Marin Bancorp’s Current Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 0.95.
