Triumph Bancorp, Inc. (NASDAQ:TBK) Projected EPS At $0.37 For Next Quarter


Triumph Bancorp, Inc. (NASDAQ:TBK) has a mean price target of $18.75 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.37 a share for the very next quarter and $1.21 for this year.

Technical View

The technical study of Triumph Bancorp, Inc. demonstrates that the 50-day moving average of Triumph Bancorp, Inc. (NASDAQ:TBK) stock is $18.30, and is trading $0.44 points away or +2.38% from 50-day moving average of $18.30. It is trading $2.21 or +13.40% away 200-day moving average of $16.53.

The 52-week high of Triumph Bancorp, Inc. (NASDAQ:TBK) was $19.50 while $12.63 is the low mark in the same period. It state Triumph Bancorp, Inc. share price has to surge more than $-0.76 to hit 52-week high or drop +48.38% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Triumph Bancorp, Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Triumph Bancorp, Inc. (NASDAQ:TBK) ratio came in at 17.48, after dividing current equity price by yearly earnings. Triumph Bancorp, Inc. stock recorded a close of $18.74 in last trading session, registering a market cap of $339.33M.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Triumph Bancorp, Inc. (NASDAQ:TBK) PEG ratio is at 1.32.

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