Stock To Watch: Texas Capital Bancshares, Inc. (NASDAQ:TCBI)


The leading market experts have placed a mean price target of $50.12 on Texas Capital Bancshares, Inc. (NASDAQ:TCBI) 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 $0.82 a share for the upcoming quarter and $2.90 for the current fiscal. Technical View The technical analysis of Texas Capital Bancshares, Inc. plainly substantiates that the 50-day moving average of Texas Capital Bancshares, Inc. is $47.76, and stock is hovering 2.35 or +4.92% distant from $47.76. It is noted that the 200-day MA is $41.62, and Texas Capital Bancshares, Inc. stock is $8.49 or +20.41% off from this point. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) 52-week high is $61.83 and the 52-week low is $29.78. This explains if the stock moves $-11.72, it will post a 52-week high. In event of $+68.27% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Texas Capital Bancshares, Inc., 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, Texas Capital Bancshares, Inc. (NASDAQ:TCBI) ratio came in at 18.56. The stock last ended the trading session at $50.11 and registered a market cap of $2.30B. 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. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) PEG ratio is at 1.46.

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