Stock To Watch: Signature Bank (NASDAQ:SBNY)


The leading market experts have placed a mean price target of $151.88 on Signature Bank (NASDAQ:SBNY) 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 $2.12 a share for the upcoming quarter and $8.11 for the current fiscal. Technical View The technical analysis of Signature Bank plainly substantiates that the 50-day moving average of Signature Bank is $126.94, and stock is hovering -2.87 or -2.26% distant from $126.94. It is noted that the 200-day MA is $133.87, and Signature Bank stock is $-9.80 or -7.32% off from this point. Signature Bank (NASDAQ:SBNY) 52-week high is $163.15 and the 52-week low is $114.36. This explains if the stock moves $-39.08, it will post a 52-week high. In event of $+8.49% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Signature Bank, 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, Signature Bank (NASDAQ:SBNY) ratio came in at 16.05. The stock last ended the trading session at $124.07 and registered a market cap of $6.66B. 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. Signature Bank (NASDAQ:SBNY) PEG ratio is at 1.43.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 13 times, 1 visits today)