Market Analysts see New York Community Bancorp Inc. [NYCB] falling to $11. Time to buy?

New York Community Bancorp Inc. [NYSE: NYCB] closed the trading session at $12.10 on 05/03/21. The day’s price range saw the stock hit a low of $11.91, while the highest price level was $12.18. The company report on April 28, 2021 that SHAREHOLDER ALERT: Halper Sadeh LLP Continues to Investigate PFPT, GRA, NYCB, RMRM; Shareholders are Encouraged to Contact the Firm.

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Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:.

Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $176.00 per share in cash. If you are a Proofpoint shareholder, click here to learn more about your rights and options.

The stocks have a year to date performance of 14.69 percent and weekly performance of -3.43 percent. The stock has been moved at 47.74 percent over the last six months. The stock has performed -4.72 percent around the most recent 30 days and changed 15.24 percent over the most recent 3-months.

If compared to the average trading volume of 5.29M shares, NYCB reached to a volume of 7412678 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about New York Community Bancorp Inc. [NYCB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NYCB shares is $14.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NYCB 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.

UBS have made an estimate for New York Community Bancorp Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 05, 2021. The new note on the price target was released on January 15, 2021, representing the official price target for New York Community Bancorp Inc. stock. Previously, the target price had yet another raise to $9.50, while Morgan Stanley analysts kept a Equal-Weight rating on NYCB stock.

The Average True Range (ATR) for New York Community Bancorp Inc. is set at 0.37, with the Price to Sales ratio for NYCB stock in the period of the last 12 months amounting to 3.36. The Price to Book ratio for the last quarter was 0.88, with the Price to Cash per share for the same quarter was set at 5.64.

NYCB stock trade performance evaluation

New York Community Bancorp Inc. [NYCB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.43. With this latest performance, NYCB shares dropped by -4.72% in over the last four-week period, additionally plugging by 47.74% over the last 6 months – not to mention a rise of 12.98% 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 NYCB stock in for the last two-week period is set at 46.69, with the RSI for the last a single of trading hit 44.95, and the three-weeks RSI is set at 48.65 for New York Community Bancorp Inc. [NYCB]. The present Moving Average for the last 50 days of trading for this stock 12.35, while it was recorded at 12.30 for the last single week of trading, and 10.33 for the last 200 days.

New York Community Bancorp Inc. [NYCB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and New York Community Bancorp Inc. [NYCB] shares currently have an operating margin of +33.24. New York Community Bancorp Inc.’s Net Margin is presently recorded at +28.57.

Return on Total Capital for NYCB is now 2.63, given the latest momentum, and Return on Invested Capital for the company is 2.86. Return on Equity for this stock inclined to 7.46, with Return on Assets sitting at 0.92. When it comes to the capital structure of this company, New York Community Bancorp Inc. [NYCB] has a Total Debt to Total Equity ratio set at 238.98. Additionally, NYCB Total Debt to Total Capital is recorded at 70.50, with Total Debt to Total Assets ending up at 28.99. Long-Term Debt to Equity for the company is recorded at 193.10, with the Long-Term Debt to Total Capital now at 52.78.

Reflecting on the efficiency of the workforce at the company, New York Community Bancorp Inc. [NYCB] managed to generate an average of $171,408 per employee.

Earnings per share (EPS) analysis for New York Community Bancorp Inc. [NYCB] stock

With the latest financial reports released by the company, New York Community Bancorp Inc. posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.19/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.50%. 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 NYCB.

New York Community Bancorp Inc. [NYCB]: Insider Ownership positions

There are presently around $3,289 million, or 60.20% of NYCB stock, in the hands of institutional investors. The top three institutional holders of NYCB stocks are: BLACKROCK INC. with ownership of 52,352,569, which is approximately 11.157% of the company’s market cap and around 1.00% of the total institutional ownership; VANGUARD GROUP INC, holding 40,800,185 shares of the stock with an approximate value of $487.97 million in NYCB stocks shares; and BARROW HANLEY MEWHINNEY & STRAUSS LLC, currently with $353.48 million in NYCB stock with ownership of nearly -21.815% of the company’s market capitalization.

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Positions in New York Community Bancorp Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 169 institutional holders increased their position in New York Community Bancorp Inc. [NYSE:NYCB] by around 36,466,821 shares. Additionally, 210 investors decreased positions by around 36,017,417 shares, while 65 investors held positions by with 202,498,568 shares. The mentioned changes placed institutional holdings at 274,982,806 shares, according to the latest SEC report filing. NYCB stock had 69 new institutional investments in for a total of 13,305,960 shares, while 70 institutional investors sold positions of 5,413,578 shares during the same period.

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