With 70834.0 shares changed hands, the volume of the stock remained heavier than its average volume of 39950.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $32.46 whereas the lowest price it dropped to was $30.61. The 52-week range on MCBS shows that it touched its highest point at $36.15 and its lowest point at $21.89 during that stretch. It currently has a 1-year price target of $36.00. With its current market cap of 793.40 million, MCBS has annualized dividend of $0.83 while the current yield stands at 2.65%. MCBS paid its most recent dividend on 1730246400, while the ex-dividend date for that was 1730246400. Beta for the stock currently stands at 0.63.
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 MCBS was down-trending over the past week, with a drop of -1.97%, but this was down by -9.90% over a month. Three-month performance surged to 7.67% while six-month performance rose 18.64%. The stock gained 32.94% in the past year, while it has lost -1.97% so far this year. A look at the trailing 12-month EPS for MCBS yields 2.33 with Next year EPS estimates of 2.60. For the next quarter, that number is 0.61. This implies an EPS growth rate of 24.26% for this year and 3.59% for next year.
Float and Shares Shorts:
At present, 25.33 million MCBS shares are outstanding with a float of 18.23 million shares on hand for trading. On 2024-12-13, short shares totaled 0.1 million, which was 41.0 higher than short shares on 1731628800. In addition to Mr. Nack Young Paek as the firm’s Chairman & CEO, Mr. Farid Tan serves as its President & Director.
Institutional Ownership:
Through their ownership of 0.23854999 of MCBS’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MCBS since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 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 MCBS analysts setting a high price target of 36.0 and a low target of 36.0, the average target price over the next 12 months is 36.0. Based on these targets, MCBS could surge 14.94% to reach the target high and rise by 14.94% to reach the target low. Reaching the average price target will result in a growth of 14.94% 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. Analysts have provided yearly estimates in a range of $2.51 being high and $2.51 being low. For MCBS, this leads to a yearly average estimate of $2.51. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.61. The average estimate for the next quarter is thus $0.61.
