Texas Capital Bancshares (TCBI):
Trend Following Tool:
Moving averages are usually a trend following tool. As they are a lagging indicator, they can tell us that a trend has started only after it already happens. The closing price is considered the most important price level of the trading day and is the figure most commonly used in calculating a moving average. A midpoint can also be used. Some technical analysts use an average of the high, low and closing prices. Price bands can also be created by averaging the high and low prices separately.
It goes without saying that investors should not rely solely on any one technique. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one’s risk substantially.
Texas Capital Bancshares (TCBI) stock moved down -7.13% in contrast to its 20 day moving average displaying short-term a downward movement of stock. It shifted -18.47% down its 50-day simple moving average. This is showing medium-term bearish trend based on SMA 50. The stock price went below -36.19% from its 200-day simple moving average identifying long-term down trend.
Texas Capital Bancshares (TCBI) settled with change of 0.34% pushing the price on the $55.84 per share in recent trading session ended on Thursday. The latest trading activity showed that the stock price is 0.70% off from its 52-week low and traded with move of -45.81% from high printed in the last 52-week period. The Company kept 49.94M Floating Shares and holds 50.16M shares outstanding.
The company’s earnings per share shows growth of 31.20% for the current year and expected to arrive earnings growth for the next year at 10.82% . Analyst projected EPS growth for the next 5 years at10.13%. The company’s EPS growth rate for past five years was 6.30%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. The stock observed Sales growth of 17.20% during past 5 years. EPS growth quarter over quarter stands at 47.40% and Sales growth quarter over quarter is at 27.00%.
Shares price moved with -36.26% from its 50 Day high and distanced at 0.70% from 50 Day low. Analyses consensus rating score stands at 2.3. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $86.12.
As took short look on profitability, the firm profit margin which was recorded 24.20%, and operating margin was noted at 76.10%. The Insiders ownership is 0.40%. Company has kept return on investment (ROI) at 24.80% over the previous 12 months and has been able to maintain return on asset (ROA) at 1.00% for the last twelve months. Return on equity (ROE) recorded at 12.20%.
Texas Capital Bancshares (TCBI) stock recent traded volume stands with 1630351 shares as compared with its average volume of 663.47K shares. The relative volume observed at 2.46.
Volume is simply the number of shares traded during a specified time frame (e.g., hour, day, week, month, etc). The analysis of volume is a basic yet very important element of technical analysis. Volume provides clues as to the intensity of a given price move. Low volume levels are characteristic of the indecisive expectations that typically occur during consolidation periods (i.e., periods where prices move sideways in a trading range). Low volume also often occurs during the indecisive period during market bottoms. High volume levels are characteristic of market tops when there is a strong consensus that prices will move higher. High volume levels are also very common at the beginning of new trends (i.e., when prices break out of a trading range). Just before market bottoms, volume will often increase due to panic-driven selling.
The long term debt/equity shows a value of 0.17 with a total debt/equity of 0.17. It gives the investors the idea on the company’s financial leverage, measured by apportioning total liabilities by its stockholders equity. It also illustrates how much debt the corporation is using to finance its assets in relation to the value represented in shareholders’ equity.
David Culbreth – Category – Business
David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.
David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.
As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.