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


The leading market experts have placed a mean price target of $51.75 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 $3.31 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 $49.53, and stock is trading $0.01 points away or +0.02% from its 50-day moving average of $49.53. Further it is trading $0.21 or +0.42% away its 200-day moving average of $49.33. 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 $-7.23, it will post a 52-week high. In event of +8.52% 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 14.92.

The stock last ended the trading session at $49.54 and registered a market cap of $301.10M. 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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