BancorpSouth Bank (NYSE:BXS) went down by -1.56% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Banks – Regional giant went up by $20.80 to trade ended Wednesday trading at $21.13. This is down from the $21.13 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with BXS down by -33.78% year-to-date.
BancorpSouth Bank (BXS) started the day trading at $21 and recorded an intraday high of $21.535. It also recorded an intraday low of $20.44 during Wednesday’s trading session. BancorpSouth Bank is a very active stock that recorded a trading volume that is less than -13.67% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 517545, which is less than -13.67 of the total average daily trading volume of 588.29K.
BancorpSouth Bank (NYSE:BXS) 2020 Performance Impressive
The increase in BXS’s stock price on Wednesday 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 BXS currently stands at $32.97, which is higher than the current trading price of the stock by 36.91%. However, BXS’s current trading price is -20.86% lower than the 52-week low price of $17.21. In terms of trading volume, BancorpSouth Bank currently experienced healthy participation during the last trading session. 517545 shares of BancorpSouth Bank were traded on the stock exchange on Wednesday, which is less than -13.67% of the 588.29K average trading volume of the stock.
The performance of the stock has been positive over the past year. BXS’s performance over the past one year has seen it plunge by -27.85%, while the stock has gone down by -32.36% in the last six months. The quarterly performance of BXS currently stands at 6.61%, and it is down by -18.59% in the last month. The only negative figure was from the weekly performance, which currently reads -8.53%. At the time of writing BXS’s report, the company has a total market cap of $2.20B, making it one of the largest publicly-traded companies in the world.BancorpSouth Bank also has over 4445 employees all over the world.
BXS Insider Activities
For BancorpSouth Bank, insiders hold 64.10% of all company shares. The insider transactions over the past six months are up by 318.80%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at BancorpSouth Bank now hold 22.35M shares, which is over 63.62% of the total company stocks. Institutional investors currently hold a large chunk of the BXS shares, as they control 21.77% of the company’s total stock.
BXS Fundamental Analysis
For BancorpSouth Bank, the stock’s diluted earnings per share (EPS) stands at 1.99. In the coming year, analysts expect the EPS to be 1.74. The stock’s EPS growth this year is 26.30%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, BancorpSouth Bank’s quarterly sales (YOY) is growing at 0.37, which is lower than the average annual revenue of 16.40% over the past half a decade.
The Return on Investment (ROI) on BancorpSouth Bank’s stock currently stands at 23.30%, and it has a net profit margin of 27.10%. The operating margin of the company is 79.10%.
BXS Analysts Prediction
DA Davidson reiterate their Buy position on the stock ($36 and $34.50) and SunTrust also reiterate their Buy position on the stock ($32 and $33).
At the moment, BancorpSouth Bank’s Total Debt to Equity ratio stands at 0.12, and they have a long-term Debt to Equity ratio of 0.12.
BXS Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BXS currently stands at -6.61%, while the SMA50 is -3.94%. The biggest one is the SMA200, which is currently reading -20.69% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 43.77, while its price to earnings ratio (P/E) is 10.44.
