With 65799.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.1 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $84.7156 whereas the lowest price it dropped to was $83.605. The 52-week range on CCB shows that it touched its highest point at $87.12 and its lowest point at $35.67 during that stretch. It currently has a 1-year price target of $90.50. Beta for the stock currently stands at 1.24.
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 CCB was down-trending over the past week, with a drop of -1.25%, but this was up by 9.85% over a month. Three-month performance surged to 56.13% while six-month performance rose 83.88%. The stock gained 95.05% in the past year, while it has lost -1.25% so far this year. A look at the trailing 12-month EPS for CCB yields 2.97 with Next year EPS estimates of 5.09. For the next quarter, that number is 0.92. This implies an EPS growth rate of 0.76% for this year and 54.40% for next year.
Float and Shares Shorts:
At present, 13.54 million CCB shares are outstanding with a float of 12.19 million shares on hand for trading. On 2024-12-13, short shares totaled 0.32 million, which was 212.0 higher than short shares on 1731628800. In addition to Mr. Eric M. Sprink as the firm’s CEO & Director, Mr. Curt T. Queyrouze serves as its President.
Institutional Ownership:
Through their ownership of 0.57383 of CCB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With CCB analysts setting a high price target of 96.0 and a low target of 85.0, the average target price over the next 12 months is 90.5. Based on these targets, CCB could surge 14.49% to reach the target high and rise by 1.37% to reach the target low. Reaching the average price target will result in a growth of 7.93% 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 $3.47319 being high and $3.28522 being low. For CCB, this leads to a yearly average estimate of $3.295.
