Bancorp Inc (NASDAQ:TBBK) price on Friday, May 02, rose 4.91% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $51.90.
A look at the stock’s price movement, the close in the last trading session was $49.47, moving within a range at $50.39 and $51.99. The beta value (5-Year monthly) was 1.264 while the PE ratio in trailing twelve months stood at 11.73. Turning to its 52-week performance, $65.84 and $30.79 were the 52-week high and 52-week low respectively. Overall, TBBK moved -5.22% over the past month.
Bancorp Inc’s market cap currently stands at around $2.49 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-23.
Analysts have a consensus estimate of 95.71M for the company’s revenue for the quarter, with a low and high estimate of 93.34M and 97.4M respectively. The average forecast suggests up to a 2.04% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 385.45M, representing a 2.45% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TBBK is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend TBBK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TBBK’s current price about 12.27% and 2.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.93, while 7-day volatility ratio is 3.64% and 6.21% in the 30-day chart. Further, Bancorp Inc (TBBK) has a beta value of 1.27, and an average true range (ATR) of 2.53. Analysts have given the company’s stock an average 52-week price target of $79, forecast between a low of $33 and high of $125. Looking at the price targets, the low is 36.42% off current price level while to achieve the yearly target high, price needs to move -140.85%. Nonetheless, investors will most likely welcome a -52.22% jump to $79 which is the analysts’ median price.
If we refocus on Bancorp Inc (NASDAQ:TBBK), historical trading data shows that trading volumes averaged 0.42 over the past 10 days and 617.94K over the past 3 months. The company’s latest data on shares outstanding shows there are 46.98 million shares.
The 7.21% of Bancorp Inc’s shares are in the hands of company insiders while institutional holders own 104.29% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.05 million on 2025-04-15, giving us a short ratio of 8.65. The data shows that as of 2025-04-15 short interest in Bancorp Inc (TBBK) stood at 1855.0 of shares outstanding, with shares short rising to 6.0 million registered in 2025-03-14. Current price change has pushed the stock -1.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TBBK stock continues to rise going into the next quarter.
