The leading market experts have placed a mean price target of $18.80 on Triumph Bancorp, Inc. (NASDAQ:TBK) 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 $0.37 a share for the upcoming quarter and $1.21 for the current fiscal.
The technical analysis of Triumph Bancorp, Inc. plainly substantiates that the 50-day moving average of Triumph Bancorp, Inc. is $16.96, and stock is trading $1.38 points away or +8.16% from its 50-day moving average of $16.96. Further it is trading $2.73 or +17.46% away its 200-day moving average of $15.61. Triumph Bancorp, Inc. (NASDAQ:TBK) 52-week high is $18.52 and the 52-week low is $12.63.
This explains if the stock moves $-0.18, it will post a 52-week high. In event of +45.21% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Triumph Bancorp, 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, Triumph Bancorp, Inc. (NASDAQ:TBK) ratio came in at 17.11.
The stock last ended the trading session at $18.34 and registered a market cap of $332.08M. 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. Triumph Bancorp, Inc. (NASDAQ:TBK) PEG ratio is at 1.23.
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