Texas Capital Bancshares Inc. [TCBI] Revenue clocked in at $1.35 billion, down -38.44% YTD: What’s Next?

Texas Capital Bancshares Inc. [NASDAQ: TCBI] traded at a high on 06/16/20, posting a 7.80 gain after which it closed the day’ session at $34.95. The results of the trading session contributed to over 1075225 shares changing hands. Over the past one week, the price volatility of Texas Capital Bancshares Inc. stands at 8.72% while the volatility over the past one month is 7.73%.

The market cap for TCBI stock reached $1.69 billion, with 50.37 million shares outstanding and 50.07 million shares in the current float. Compared to the average trading volume of 997.55K shares, TCBI reached a trading volume of 1075225 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Texas Capital Bancshares Inc. [TCBI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCBI shares is $32.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TCBI stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Texas Capital Bancshares Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 02, 2020. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $41 to $26. The new note on the price target was released on May 26, 2020, representing the official price target for Texas Capital Bancshares Inc. stock. On February 20, 2020, analysts increased their price target for TCBI shares from 54 to 58.

The Average True Range (ATR) for Texas Capital Bancshares Inc. is set at 2.71, with the Price to Sales ratio for TCBI stock in the period of the last 12 months amounting to 1.25. The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 202.74. Price to Free Cash Flow for TCBI in the course of the last twelve months was 1.23.

How has TCBI stock performed recently?

Texas Capital Bancshares Inc. [TCBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.60. With this latest performance, TCBI shares gained by 44.90% in over the last four-week period, additionally sinking by -42.45% over the last 6 months – not to mention a drop of -40.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TCBI stock in for the last two-week period is set at 61.34, with the RSI for the last a single of trading hit 61.79, and the three-weeks RSI is set at 57.97 for Texas Capital Bancshares Inc. [TCBI]. The present Moving Average for the last 50 days of trading for this stock 27.66, while it was recorded at 32.93 for the last single week of trading, and 45.64 for the last 200 days.

Texas Capital Bancshares Inc. [TCBI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Texas Capital Bancshares Inc. [TCBI] shares currently have an operating margin of +28.64. Texas Capital Bancshares Inc.’s Net Margin is presently recorded at +22.19.

Return on Total Capital for TCBI is now 6.26, given the latest momentum, and Return on Invested Capital for the company is 10.41. Return on Equity for this stock inclined to 12.11, with Return on Assets sitting at 1.06. When it comes to the capital structure of this company, Texas Capital Bancshares Inc. [TCBI] has a Total Debt to Total Equity ratio set at 107.09. Additionally, TCBI Total Debt to Total Capital is recorded at 51.71, with Total Debt to Total Assets ending up at 9.30. Long-Term Debt to Equity for the company is recorded at 17.70, with the Long-Term Debt to Total Capital now at 8.10.

Reflecting on the efficiency of the workforce at the company, Texas Capital Bancshares Inc. [TCBI] managed to generate an average of $185,769 per employee.

Earnings analysis for Texas Capital Bancshares Inc. [TCBI]

With the latest financial reports released by the company, Texas Capital Bancshares Inc. posted 1.5/share EPS, while the average EPS was predicted by analysts to be reported at 1.52/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TCBI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Texas Capital Bancshares Inc. go to 8.00%.

Insider trade positions for Texas Capital Bancshares Inc. [TCBI]

There are presently around $1,520 million, or 94.40% of TCBI stock, in the hands of institutional investors. The top three institutional holders of TCBI stocks are: VANGUARD GROUP INC with ownership of 4,739,829, which is approximately 1.756% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 4,377,762 shares of the stock with an approximate value of $141.93 million in TCBI stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $79.47 million in TCBI stock with ownership of nearly 8.227% of the company’s market capitalization.

115 institutional holders increased their position in Texas Capital Bancshares Inc. [NASDAQ:TCBI] by around 10,102,603 shares. Additionally, 141 investors decreased positions by around 10,975,385 shares, while 32 investors held positions by with 25,815,130 shares. The mentioned changes placed institutional holdings at 46,893,118 shares, according to the latest SEC report filing. TCBI stock had 33 new institutional investments in for a total of 3,285,372 shares, while 70 institutional investors sold positions of 4,544,927 shares during the same period.

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