Stock To Watch: Bank of Marin Bancorp (NASDAQ:BMRC)


The leading market experts have placed a mean price target of $52.00 on Bank of Marin Bancorp (NASDAQ:BMRC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.80 a share for the upcoming quarter and $3.33 for the current fiscal. Technical View The technical analysis of Bank of Marin Bancorp plainly substantiates that the 50-day moving average of Bank of Marin Bancorp is $49.63, and stock is hovering 0.43 or +0.86% distant from $49.63. It is noted that the 200-day MA is $49.71, and Bank of Marin Bancorp stock is $0.35 or +0.70% off from this point. Bank of Marin Bancorp (NASDAQ:BMRC) 52-week high is $56.77 and the 52-week low is $45.65. This explains if the stock moves $-6.71, it will post a 52-week high. In event of $+9.66% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Bank of Marin Bancorp, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Bank of Marin Bancorp (NASDAQ:BMRC) ratio came in at 15.50. The stock last ended the trading session at $50.06 and registered a market cap of $302.71M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Bank of Marin Bancorp (NASDAQ:BMRC) PEG ratio is at 1.37.

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