Popular Inc. (NASDAQ:BPOP) went up by 1.97% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Banks – Regional giant went up by $36.77 to trade ended Thursday trading at $36.06. This is up from the $36.06 price recorded on Wednesday’s trading session. Thanks to this latest performance, BPOP is closer to the higher price 52-week target of $59.00 and further from the lowest price target of $49.00. Its performance from the start of the year has also been negative, with BPOP down by -37.41% year-to-date.
Popular Inc. (BPOP) started the day trading at $35.72 and recorded an intraday high of $36.9. It also recorded an intraday low of $35.66 during Thursday’s trading session. Popular Inc. is a very active stock that recorded a trading volume that is less than -161.9% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 365843, which is less than -161.9 of the total average daily trading volume of 958.13K.
Popular Inc. (NASDAQ:BPOP) 2020 Performance Impressive
The increase in BPOP’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BPOP currently stands at $61.46, which is higher than the current trading price of the stock by 40.17%. However, BPOP’s current trading price is -55.21% lower than the 52-week low price of $23.69. In terms of trading volume, Popular Inc. currently experienced healthy participation during the last trading session. 365843 shares of Popular Inc. were traded on the stock exchange on Thursday, which is less than -161.9% of the 958.13K average trading volume of the stock.
The performance of the stock has been positive over the past year. BPOP’s performance over the past one year has seen it plunge by -30.06%, while the stock has gone down by -37.40% in the last six months. The quarterly performance of BPOP currently stands at 3.55%, and it is down by -11.05% in the last month. The only negative figure was from the weekly performance, which currently reads -5.60%. At the time of writing BPOP’s report, the company has a total market cap of $3.17B, making it one of the largest publicly-traded companies in the world.Popular Inc. also has over 8560 employees all over the world.
BPOP Insider Activities
For Popular Inc., insiders hold 93.40% of all company shares. The insider transactions over the past six months are up by 25.00%. During that period, insiders bought 195,630 shares in 30 transactions. In that same period, insiders sold 56,881 of their shares in 48 transactions. After these transactions, insiders at Popular Inc. now hold 1.07M shares, which is over 95.82% of the total company stocks. Institutional investors currently hold a large chunk of the BPOP shares, as they control 1.24% of the company’s total stock.
BPOP Fundamental Analysis
For Popular Inc., the stock’s diluted earnings per share (EPS) stands at 5.56. In the coming year, analysts expect the EPS to be 4.96. The EPS growth will up over the next five years to 5.00% after surging by 41.40% in the previous five years. In terms of revenue, Popular Inc.’s quarterly sales (YOY) is growing at 0.96, which is lower than the average annual revenue of 41.40% over the past half a decade.
The Return on Investment (ROI) on Popular Inc.’s stock currently stands at 23.00%, and it has a net profit margin of 23.70%. The operating margin of the company is 76.10%.
BPOP Analysts Prediction
In January 24, 2018, several analysts reiterated their positions on the Popular Inc. stock and predicted its performance to their investors. The analysts at Barclays believe BPOP is still a Overweight and set the price target between $45 and $49.
Compass Point and Compass Point also believe that Popular Inc.’s stock is outperforming at the moment.
At the moment, Popular Inc.’s Total Debt to Equity ratio stands at 0.17, and they have a long-term Debt to Equity ratio of 0.11.
BPOP Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BPOP currently stands at -7.47%, while the SMA50 is -2.27%. The biggest one is the SMA200, which is currently reading -23.86% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 42.80, while its price to earnings ratio (P/E) is 6.61.