Home Sectors Financial Services Present Trend: Customers Bancorp Inc (NYSE: CUBI)

Present Trend: Customers Bancorp Inc (NYSE: CUBI)

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Customers Bancorp Inc trades as part of the financial services sector and trades as part of the banking industry. The company CEO is Jay S. Sidhu. Customers Bancorp Inc through its wholly-owned subsidiary Customers Bank provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. It also provides lending to mortgage banking businesses.

Previous Intraday Trading Performance:

The CUBI stock showed a previous change of 0.94% with an open at 21.38 and a close of 21.56. It reached an intraday high of 21.63 and a low of 20.99.

SeekingAlpha:  CUBI: Chapter one of new business plan complete – DA Davidson

Liquidity:

The stock has a market cap of $683.2m with 31.7m shares outstanding, of which the float is 29.6m shares. Trading volume reached 154,599 shares compared to its average volume of 346,361 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Customers Bancorp Inc shares returned 4.00% and in the past 30 trading days it returned -7.51%. Over three months, it changed -17.93%. In one year it has changed -17.58% and within that year its 52-week high was 32.34 and its 52-week low was 18.57. CUBI stock is 16.13% above its 52 Week Low.

Our calculations show a 200 day moving average of 27.58 and a 50 day moving average of 22.71. Currently CUBI stock is trading -21.82% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  CUBI: Chapter one of new business plan complete – DA Davidson

Earnings:

The last annual fiscal EPS for the company was reported at 1.97 that ended on 31st of December 2017, which according to the previous close, that is a PE of 10.94. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.51. The TTM EPS is 2.45, which comes to a TTM PE of 8.80. Historically, the PE high was 10.94 and the PE low was 7.80. If the stock reached its PE low, that would represent a price of 19.11, which is a decrease of -11.36%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.62
06-30-2018:  0.64
03-31-2018:  0.64
12-31-2017:  0.55

Base on our calculations, the intrinsic value per share is 20.57, which means it may be overvalued by -4.80%

Indicators to Watch:

Based on the latest filings, there is 54.90% of institutional ownership. Short-interest is 680,128, which is 2.15% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.06. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.86

PR Newswire:  Cubic to Discuss the Importance of Situational Awareness for Mobility at Highways UK

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.17%, return on assets is 0.55%, profit margin is 15.65%, price-to-sales is 1.44 and price-to-book is 0.99.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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