Northfield Bancorp Inc [NFBK] is 6.76% higher this YTD. Is it still time to buy?

Northfield Bancorp Inc [NASDAQ: NFBK] loss -1.25% on the last trading session, reaching $13.43 price per share at the time.

If compared to the average trading volume of 165.83K shares, NFBK reached a trading volume of 133986 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Northfield Bancorp Inc [NFBK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NFBK shares is $13.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NFBK 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.

DA Davidson have made an estimate for Northfield Bancorp Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 15, 2021. The new note on the price target was released on September 27, 2021, representing the official price target for Northfield Bancorp Inc stock. Previously, the target price had yet another raise from $11 to $15, while DA Davidson kept a Buy rating on NFBK stock.

The Average True Range (ATR) for Northfield Bancorp Inc is set at 0.48, with the Price to Sales ratio for NFBK stock in the period of the last 12 months amounting to 2.34. The Price to Book ratio for the last quarter was 0.82.

Trading performance analysis for NFBK stock

Northfield Bancorp Inc [NFBK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.91. With this latest performance, NFBK shares gained by 14.59% in over the last four-week period, additionally plugging by 54.55% over the last 6 months – not to mention a rise of 41.37% 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 NFBK stock in for the last two-week period is set at 56.69, with the RSI for the last a single of trading hit 54.69, and the three-weeks RSI is set at 57.19 for Northfield Bancorp Inc [NFBK]. The present Moving Average for the last 50 days of trading for this stock 12.28, while it was recorded at 13.60 for the last single week of trading, and 10.57 for the last 200 days.

Northfield Bancorp Inc [NFBK]: A deeper dive into fundamental analysis

Northfield Bancorp Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.14.

Northfield Bancorp Inc [NFBK]: An earnings per share (EPS) analysis

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 NFBK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Northfield Bancorp Inc go to 8.00%.

An analysis of Institutional ownership at Northfield Bancorp Inc [NFBK]

There are presently around $57.46%, or 65.94%% of NFBK stock, in the hands of institutional investors. The top three institutional holders of NFBK stocks are: BLACKROCK INC. with ownership of 3.68 million shares, which is approximately 8.6829%. DIMENSIONAL FUND ADVISORS LP, holding 2.89 million shares of the stock with an approximate value of $$27.4 million in NFBK stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$21.72 million in NFBK stock with ownership which is approximately 5.4072%.