Byline Bancorp Inc [NYSE: BY] plunged by -$0.25 during the normal trading session on while it closed the day at $25.87.
Byline Bancorp Inc stock has also loss -4.50% of its value over the past 7 days. However, BY stock has declined by -9.36% in the 3 months of the year. Over the past six months meanwhile, it has lost -15.79% and lost -10.79% year-on date.
The market cap for BY stock reached $1.19 billion, with 44.68 million shares outstanding and 26.30 million shares in the current float. Compared to the average trading volume of 165.37K shares, BY reached a trading volume of 127244 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 Byline Bancorp Inc [BY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BY shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BY stock is a recommendation set at 2.00. 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.
Hovde Group have made an estimate for Byline Bancorp Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 27, 2025. While these analysts kept the previous recommendation, Hovde Group raised their target price from $26 to $27.50. The new note on the price target was released on May 20, 2024, representing the official price target for Byline Bancorp Inc stock.
The Average True Range (ATR) for Byline Bancorp Inc is set at 0.59, with the Price to Sales ratio for BY stock in the period of the last 12 months amounting to 1.93. The Price to Book ratio for the last quarter was 1.02. Price to Free Cash Flow for BY in the course of the last twelve months was 8.98.
BY stock trade performance evaluation
Byline Bancorp Inc [BY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.50. With this latest performance, BY shares gained by 0.82% in over the last four-week period, additionally sinking by -15.79% over the last 6 months – not to mention a rise of 9.25% 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 BY stock in for the last two-week period is set at 45.42, with the RSI for the last a single of trading hit 38.58, and the three-weeks RSI is set at 47.13 for Byline Bancorp Inc [BY]. The present Moving Average for the last 50 days of trading for this stock 25.79, while it was recorded at 26.56 for the last single week of trading, and 27.60 for the last 200 days.
Byline Bancorp Inc [BY]: An insightful look at the core fundamentals
Byline Bancorp Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.07.
Byline Bancorp Inc [BY]: Institutional Ownership
There are presently around $45.07%, or 77.12%% of BY stock, in the hands of institutional investors. The top three institutional holders of BY stocks are: BLACKROCK INC. with ownership of 2.9 million shares, which is approximately 6.6839%. DIMENSIONAL FUND ADVISORS LP, holding 1.86 million shares of the stock with an approximate value of $$44.05 million in BY stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$38.18 million in BY stock with ownership which is approximately 3.7086%.
