NB Bancorp Inc [NASDAQ: NBBK] loss -0.05% or -0.01 points to close at $18.89 with a heavy trading volume of 168391 shares.
It opened the trading session at $18.95, the shares rose to $19.11 and dropped to $18.86, the range by which the price of stock traded the whole day. The daily chart for NBBK points out that the company has recorded -2.23% loss over the past six months.
If we look at the average trading volume of 294.17K shares, NBBK reached to a volume of 168391 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about NB Bancorp Inc [NBBK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NBBK shares is $21.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NBBK stock is a recommendation set at 1.00. 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.
Piper Sandler have made an estimate for NB Bancorp Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 09, 2024.
The Price to Book ratio for the last quarter was 0.96. Price to Free Cash Flow for NBBK in the course of the last twelve months was 10.62.
Trading performance analysis for NBBK stock
NB Bancorp Inc [NBBK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.32. With this latest performance, NBBK shares gained by 9.63% in over the last four-week period, additionally sinking by -2.23% over the last 6 months – not to mention a rise of 4.60% 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 NBBK stock in for the last two-week period is set at 61.07, with the RSI for the last a single of trading hit 0.42, and the three-weeks RSI is set at 0.45 for NB Bancorp Inc [NBBK]. The present Moving Average for the last 50 days of trading for this stock 18.13, while it was recorded at 18.90 for the last single week of trading, and 18.20 for the last 200 days.
NB Bancorp Inc [NBBK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and NB Bancorp Inc [NBBK] shares currently have an operating margin of 22.13%. NB Bancorp Inc’s Net Margin is presently recorded at 15.86%.
NB Bancorp Inc (NBBK) Capital Structure & Debt Analysis
According to recent financial data for NB Bancorp Inc. ( NBBK), the Return on Equity (ROE) stands at 6.92%, suggesting modest shareholder returns. The Return on Assets (ROA) is 1.02%, reflecting the company’s efficiency in generating profits from its assets. Additionally, NB Bancorp Inc’s Return on Invested Capital (ROIC) is 5.92%, showcasing its effectiveness in deploying capital for earnings.
NB Bancorp Inc (NBBK) Efficiency & Liquidity Metrics
Based on NB Bancorp Inc’s (NBBK) latest financial statements, the Debt-to-Equity Ratio is 0.17%, indicating its reliance on debt financing relative to shareholder equity.
NB Bancorp Inc (NBBK) Efficiency & Liquidity Metrics
NB Bancorp Inc [NBBK]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, NB Bancorp Inc posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.26/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.07. 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 NBBK.
An analysis of Institutional ownership at NB Bancorp Inc [NBBK]
There are presently around $47.38%, or 55.80%% of NBBK stock, in the hands of institutional investors. The top three institutional holders of NBBK stocks are: BLACKROCK INC. with ownership of 3.11 million shares, which is approximately 7.9192%. PERTENTO PARTNERS LLP, holding 2.36 million shares of the stock with an approximate value of $$35.52 million in NBBK stocks shares; and PERTENTO PARTNERS LLP, currently with $$33.9 million in NBBK stock with ownership which is approximately 5.721%.
