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


The leading market experts have placed a mean price target of $53.88 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 $0.85 a share for the upcoming quarter and $2.98 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 $49.66, and stock is trading $2.75 points away or +5.54% from its 50-day moving average of $49.66. Further it is trading $8.37 or +19.01% away its 200-day moving average of $44.04. 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 $-9.42, it will post a 52-week high. In event of +75.99% 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 19.34.

The stock last ended the trading session at $52.41 and registered a market cap of $2.41B. 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.

1 Chart Pattern Every Investor Should Know

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