Veritex Holdings Inc. (NASDAQ:VBTX) previous close was $28.54 while the outstanding shares total 49.65M. The firm has a beta of 1.75, a 12-month trailing P/E ratio of 19.20, and a growth ratio of 2.74. VBTX’s shares traded lower over the last trading session, losing -0.49% on 02/12/21. The shares fell to a low of $28.00 before closing at $28.40. Intraday shares traded counted 0.17 million, which was 41.16% higher than its 30-day average trading volume of 295.26K. The stock’s Relative Strength Index (RSI) is 59.34, with weekly volatility at 2.50% and ATR at 0.98. The VBTX stock’s 52-week price range has touched low of $10.02 and a $29.50 high.
Investors have identified the Banks – Regional company Veritex Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.42 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 2.10 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VBTX sounds very interesting.
Is the stock of VBTX attractive?
In related news, EVP, Credit Risk Officer, Harper Angela sold 4,500 shares of the company’s stock in a transaction that recorded on Feb 12. The sale was performed at an average price of 28.55, for a total value of 128,475. As the sale deal closes, the Houston City President, HEINE JONATHAN S now sold 3,500 shares of the company’s stock, valued at 98,490. Also, Chief Operating Officer, Renfro LaVonda sold 1,879 shares of the company’s stock in a deal that was recorded on Feb 05. The shares were price at an average price of 28.18 per share, with a total market value of 52,950. Following this completion of acquisition, the EVP, Credit Risk Officer, Harper Angela now holds 2,348 shares of the company’s stock, valued at 66,167. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.90%.
5 out of 5 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Veritex Holdings Inc.. 0 analysts has assigned a Sell rating on the VBTX stock. The 12-month mean consensus price target for the company’s shares has been set at $30.20.