Veritex (NASDAQ:VBTX – Get Unfastened File) had its value goal diminished via equities analysis analysts at Stephens from $22.00 to $19.00 in a analysis document issued to shoppers and buyers on Thursday, Benzinga studies. The company recently has an “equivalent weight” ranking at the monetary services and products supplier’s inventory. Stephens’ goal value would point out a possible upside of 10.53% from the inventory’s earlier shut.

A number of different analysis analysts have additionally just lately commented on VBTX. Hovde Crew minimize Veritex from an “outperform” ranking to a “marketplace carry out” ranking and set a $20.50 value goal at the inventory. in a analysis observe on Wednesday, July fifth. StockNews.com began protection on Veritex in a analysis observe on Thursday, October fifth. They issued a “grasp” ranking at the inventory. 4 analysis analysts have rated the inventory with a grasp ranking and one has issued a purchase ranking to the inventory. In accordance with knowledge from MarketBeat, the inventory at the moment has a consensus ranking of “Dangle” and a consensus goal value of $23.83.

Learn Our Newest Analysis File on Veritex

Veritex Value Efficiency

Stocks of Veritex inventory opened at $17.19 on Thursday. Veritex has a twelve month low of $14.88 and a twelve month top of $33.12. The inventory has a marketplace capitalization of $933.59 million, a P/E ratio of 6.49 and a beta of one.44. The corporate has a present ratio of 0.99, a snappy ratio of one.09 and a debt-to-equity ratio of 0.29. The industry’s fifty day shifting reasonable value is $18.22 and its 200 day shifting reasonable value is $18.50.

Veritex (NASDAQ:VBTX – Get Unfastened File) remaining issued its quarterly profits knowledge on Tuesday, October twenty fourth. The monetary services and products supplier reported $0.60 EPS for the quarter, lacking analysts’ consensus estimates of $0.64 via ($0.04). The corporate had income of $109.04 million for the quarter, in comparison to analyst estimates of $111.60 million. Veritex had a go back on fairness of 10.19% and a web margin of nineteen.48%. As a bunch, analysis analysts look ahead to that Veritex will submit 2.7 profits in line with percentage for the present 12 months.

Hedge Finances Weigh In On Veritex

A number of institutional buyers have just lately made adjustments to their positions in VBTX. Y Intercept Hong Kong Ltd boosted its place in stocks of Veritex via 7.5% all through the primary quarter. Y Intercept Hong Kong Ltd now owns 14,219 stocks of the monetary services and products supplier’s inventory price $260,000 after purchasing an extra 994 stocks all through the duration. Duality Advisers LP got a brand new stake in Veritex within the first quarter price roughly $676,000. American Century Corporations Inc. lifted its place in Veritex via 4.8% within the first quarter. American Century Corporations Inc. now owns 2,376,090 stocks of the monetary services and products supplier’s inventory price $43,387,000 after buying an extra 109,477 stocks all through the duration. Soar Monetary LLC lifted its place in Veritex via 237.4% within the first quarter. Soar Monetary LLC now owns 72,247 stocks of the monetary services and products supplier’s inventory price $1,319,000 after buying an extra 50,836 stocks all through the duration. In spite of everything, RMB Capital Control LLC lifted its place in Veritex via 0.6% within the first quarter. RMB Capital Control LLC now owns 488,904 stocks of the monetary services and products supplier’s inventory price $8,927,000 after buying an extra 3,022 stocks all through the duration. 87.29% of the inventory is owned via institutional buyers.

Veritex Corporate Profile

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Veritex Holdings, Inc operates because the financial institution protecting corporate for Veritex Neighborhood Financial institution that gives quite a lot of industrial banking services and products to small and medium-sized companies, and pros. The corporate accepts deposit merchandise come with call for, financial savings, cash marketplace, and time accounts. Its mortgage merchandise come with industrial actual property and common industrial, loan warehouse loans, residential actual property, development and land, farmland, shopper, paycheck coverage program, 1-4 kinfolk residential, agricultural, multi-family residential, and shopper loans, in addition to bought receivables financing.

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