SVB Financial Group [NASDAQ: SIVB] jumped around 7.02 points on Thursday, while shares priced at $215.00 at the close of the session, up 3.38%. SVB Financial Group stock is now -14.36% down from its year-to-date (YTD) trading value. SIVB Stock saw the intraday high of $215.48 and lowest of $204.797 per share. The company’s 52-week high price is 270.95, which means current price is +68.77% above from all time high which was touched on 02/20/20.
Compared to the average trading volume of 517.58K shares, SIVB reached a trading volume of 229677 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about SVB Financial Group [SIVB]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SIVB shares is $216.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SIVB stock is a recommendation set at 2.20. 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.
Raymond James have made an estimate for SVB Financial Group shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 17, 2020. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on June 09, 2020, representing the official price target for SVB Financial Group stock. Previously, the target price had yet another raise to $230, while DA Davidson analysts kept a Neutral rating on SIVB stock. On March 30, 2020, analysts decreased their price target for SIVB shares from 235 to 125.
The Average True Range (ATR) for SVB Financial Group is set at 10.68, with the Price to Sales ratio for SIVB stock in the period of the last 12 months amounting to 4.73. The Price to Book ratio for the last quarter was 1.66, with the Price to Cash per share for the same quarter was set at 214.52. Price to Free Cash Flow for SIVB in the course of the last twelve months was 12.15.
How has SIVB stock performed recently?
SVB Financial Group [SIVB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.53. With this latest performance, SIVB shares dropped by -2.88% in over the last four-week period, additionally sinking by -14.71% over the last 6 months – not to mention a drop of -0.82% 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 SIVB stock in for the last two-week period is set at 50.93, with the RSI for the last a single of trading hit 49.33, and the three-weeks RSI is set at 53.38 for SVB Financial Group [SIVB]. The present Moving Average for the last 50 days of trading for this stock 198.12, while it was recorded at 217.04 for the last single week of trading, and 213.56 for the last 200 days.
SVB Financial Group [SIVB]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and SVB Financial Group [SIVB] shares currently have an operating margin of +46.13. SVB Financial Group’s Net Margin is presently recorded at +32.38.
Return on Total Capital for SIVB is now 23.48, given the latest momentum, and Return on Invested Capital for the company is 17.76. Return on Equity for this stock inclined to 19.62, with Return on Assets sitting at 1.77. When it comes to the capital structure of this company, SVB Financial Group [SIVB] has a Total Debt to Total Equity ratio set at 9.03. Additionally, SIVB Total Debt to Total Capital is recorded at 8.28, with Total Debt to Total Assets ending up at 0.82. Long-Term Debt to Equity for the company is recorded at 8.52, with the Long-Term Debt to Total Capital now at 7.40.
Reflecting on the efficiency of the workforce at the company, SVB Financial Group [SIVB] managed to generate an average of $318,983 per employee.
Earnings analysis for SVB Financial Group [SIVB]
With the latest financial reports released by the company, SVB Financial Group posted 6.08/share EPS, while the average EPS was predicted by analysts to be reported at 5.05/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.40%. 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 SIVB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SVB Financial Group go to 7.95%.
Insider trade positions for SVB Financial Group [SIVB]
There are presently around $9,992 million, or 95.40% of SIVB stock, in the hands of institutional investors. The top three institutional holders of SIVB stocks are: VANGUARD GROUP INC with ownership of 5,749,502, which is approximately 2.331% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 3,737,755 shares of the stock with an approximate value of $777.38 million in SIVB stocks shares; and STATE STREET CORP, currently with $539.96 million in SIVB stock with ownership of nearly -4.544% of the company’s market capitalization.
203 institutional holders increased their position in SVB Financial Group [NASDAQ:SIVB] by around 4,844,649 shares. Additionally, 328 investors decreased positions by around 4,772,543 shares, while 78 investors held positions by with 38,425,859 shares. The mentioned changes placed institutional holdings at 48,043,051 shares, according to the latest SEC report filing. SIVB stock had 40 new institutional investments in for a total of 205,360 shares, while 125 institutional investors sold positions of 1,416,224 shares during the same period.