New York Community Bancorp Inc. [NYCB] is -64.09% lower this YTD. Is it still time to buy?

New York Community Bancorp Inc. [NYSE: NYCB] slipped around -0.16 points on Monday, while shares priced at $11.02 at the close of the session, down -1.43%.

Compared to the average trading volume of 6.16M shares, NYCB reached a trading volume of 6248116 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $12.88 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 2.78. 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.

Wedbush 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 May 01, 2024. The new note on the price target was released on May 01, 2024, representing the official price target for New York Community Bancorp Inc. stock. Previously, the target price had yet another raise to $3, while Raymond James analysts kept a Underperform rating on NYCB stock.

The Average True Range (ATR) for New York Community Bancorp Inc. is set at 0.68, with the Price to Sales ratio for NYCB stock in the period of the last 12 months amounting to 0.58. The Price to Book ratio for the last quarter was 0.37. Price to Free Cash Flow for NYCB in the course of the last twelve months was 23.46.

How has NYCB stock performed recently?

New York Community Bancorp Inc. [NYCB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.11. With this latest performance, NYCB shares gained by 20.04% in over the last four-week period, additionally sinking by -63.16% over the last 6 months – not to mention a drop of -69.79% 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 58.35, with the RSI for the last a single of trading hit 59.12, and the three-weeks RSI is set at 56.35 for New York Community Bancorp Inc. [NYCB]. The present Moving Average for the last 50 days of trading for this stock 10.07, while it was recorded at 11.06 for the last single week of trading, and 18.60 for the last 200 days.

New York Community Bancorp Inc. [NYCB]: Deeper insight into the fundamentals

New York Community Bancorp Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.67.

Earnings analysis for New York Community Bancorp Inc. [NYCB]

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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for New York Community Bancorp Inc. go to -0.30%.

Insider trade positions for New York Community Bancorp Inc. [NYCB]

The top three institutional holders of NYCB stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in NYCB stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in NYCB stock with ownership which is approximately 5.1238%.

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