Professional Holding Corp. (PFHD) can make a big difference with a little luck

Professional Holding Corp. (NASDAQ: PFHD) stock jumped 27.97% on Friday to $29.65 against a previous-day closing price of $23.17. With 1.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 90500.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $31.25 whereas the lowest price it dropped to was $29.48. The 52-week range on PFHD shows that it touched its highest point at $24.55 and its lowest point at $17.45 during that stretch. It currently has a 1-year price target of $26.00. Beta for the stock currently stands at 0.33.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PFHD was up-trending over the past week, with a rise of 30.73%, but this was up by 50.35% over a month. Three-month performance surged to 29.76% while six-month performance rose 41.39%. The stock gained 47.88% in the past year, while it has gained 54.75% so far this year. A look at the trailing 12-month EPS for PFHD yields 1.41 with Next year EPS estimates of 2.24. For the next quarter, that number is 0.56. This implies an EPS growth rate of 130.50% for this year and 23.45% for next year.

Float and Shares Shorts:

At present, 13.44 million PFHD shares are outstanding with a float of 12.68 million shares on hand for trading. On Jul 14, 2022, short shares totaled 0.17 million, which was 1.21% higher than short shares on Jun 14, 2022. In addition to Mr. Abel L. Iglesias as the firm’s Pres, CEO & Director, Ms. Mary Benevente Usategui serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 73.75% of PFHD’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 7.73% of PFHD, in contrast to 39.17% held by mutual funds. Shares owned by individuals account for 21.64%. As the largest shareholder in PFHD with 12.96% of the stake, T. Rowe Price Associates, Inc. holds 1,781,280 shares worth 1,781,280. A second-largest stockholder of PFHD, Endeavour Capital Advisors, Inc., holds 1,105,994 shares, controlling over 8.05% of the firm’s shares. Wellington Management Co. LLP is the third largest shareholder in PFHD, holding 803,864 shares or 5.85% stake. With a 4.57% stake in PFHD, the T Rowe Price Small Cap Value Fund is the largest stakeholder. A total of 628,680 shares are owned by the mutual fund manager. The T Rowe Price Small Cap Stock Fund, which owns about 3.07% of PFHD stock, is the second-largest Mutual Fund holder. It holds 422,028 shares valued at 8.46 million. Vanguard Total Stock Market Index holds 2.68% of the stake in PFHD, owning 367,867 shares worth 7.38 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PFHD since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PFHD analysts setting a high price target of $28.00 and a low target of $23.00, the average target price over the next 12 months is $26.00. Based on these targets, PFHD could drop -5.56% to reach the target high and fall by -22.43% to reach the target low. Reaching the average price target will result in a decline of -12.31% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. PFHD will report FY 2022 earnings on 01/27/2023. Analysts have provided yearly estimates in a range of $2.06 being high and $1.90 being low. For PFHD, this leads to a yearly average estimate of $1.98. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Professional Holding Corp. surprised analysts by $0.12 when it reported $0.50 EPS against a consensus estimate of $0.38. The surprise factor in the prior quarter was $0.04. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.52. The average estimate for the next quarter is thus $0.56.

Summary of Insider Activity:

Insiders traded PFHD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 19 while that of sell transactions has risen to 13 over the past year. The total number of shares bought during that period was 123,272 while 16,086 shares were sold.

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