There Is Clear Momentum For Popular Inc (NASDAQ: BPOP)

Popular Inc (BPOP) concluded trading on Wednesday at a closing price of $94.68, with 0.44 million shares of worth about $42.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.85% during that period and on January 08, 2025 the price saw a gain of about 0.08%. Currently the company’s common shares owned by public are about 71.79M shares, out of which, 69.79M shares are available for trading.

Stock saw a price change of 0.66% in past 5 days and over the past one month there was a price change of -4.51%. Year-to-date (YTD), BPOP shares are showing a performance of 0.66% which increased to 14.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.01 but also hit the highest price of $105.01 during that period. The average intraday trading volume for Popular Inc shares is 532.45K. The stock is currently trading 0.34% above its 20-day simple moving average (SMA20), while that difference is down -0.77% for SMA50 and it goes to 1.42% higher than SMA200.

Popular Inc (NASDAQ: BPOP) currently have 71.79M outstanding shares and institutions hold larger chunk of about 89.78% of that.

The stock has a current market capitalization of $6.75B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 12.86, while it has posted earnings per share of $7.36 in the same period. Its PEG reads 1.22 while making debt-to-equity ratio of 0.19. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BPOP, volatility over the week remained 2.59% while standing at 2.34% over the month.

Stock’s fiscal year EPS is expected to rise by 4.22% while it is estimated to increase by 15.58% in next year. EPS is likely to grow at an annualized rate of 10.56% for next 5-years, compared to annual growth of 1.79% made by the stock over the past 5-years.

Coverage by Wells Fargo stated Popular Inc (BPOP) stock as an Equal weight in their note to investors on October 01, 2024, suggesting a price target of $105 for the stock. On August 26, 2024, Piper Sandler Resumed their recommendations, while on July 25, 2024, Hovde Group Reiterated their ratings for the stock with a price target of $123. Stock get an Outperform rating from Hovde Group on April 24, 2024.

Most Popular

Related Posts