How to buy Allegiance Bancshares stock

Allegiance Bancshares, Inc is a banks-regional business based in the US. Allegiance Bancshares shares (ABTX) are listed on the NASDAQ and all prices are listed in US Dollars. Allegiance Bancshares employs 598 staff and has a trailing 12-month revenue of around 0.00.

Allegiance Bancshares share price

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Allegiance Bancshares shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$20.74 - $43.34
50-day moving average	$40.66
200-day moving average	$35.50
Wall St. target price	$42.00
PE ratio	17.9009
Dividend yield	$0.4 (0.98%)
Earnings per share (TTM)	$2.22

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Is it a good time to buy Allegiance Bancshares stock?

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Technical Analysis of Allegiance Bancshares, Inc by TradingView

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Is Allegiance Bancshares under- or over-valued?

Valuing Allegiance Bancshares stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Allegiance Bancshares's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Allegiance Bancshares's P/E ratio

Allegiance Bancshares's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Allegiance Bancshares shares trade at around 18x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Allegiance Bancshares financials

Revenue TTM	$183.5 million
Operating margin TTM	37.05%
Gross profit TTM	$183.5 million
Return on assets TTM	0.83%
Return on equity TTM	6.2%
Profit margin	24.82%
Book value	$37.54
Market capitalisation	$801.4 million

TTM: trailing 12 months

Shorting Allegiance Bancshares shares

There are currently 277,219 Allegiance Bancshares shares held short by investors – that's known as Allegiance Bancshares's "short interest". This figure is 1.3% down from 280,784 last month.

There are a few different ways that this level of interest in shorting Allegiance Bancshares shares can be evaluated.

Allegiance Bancshares's "short interest ratio" (SIR)

Allegiance Bancshares's "short interest ratio" (SIR) is the quantity of Allegiance Bancshares shares currently shorted divided by the average quantity of Allegiance Bancshares shares traded daily (recently around 65228). Allegiance Bancshares's SIR currently stands at 4.25. In other words for every 100,000 Allegiance Bancshares shares traded daily on the market, roughly 4250 shares are currently held short.

However Allegiance Bancshares's short interest can also be evaluated against the total number of Allegiance Bancshares shares, or, against the total number of tradable Allegiance Bancshares shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Allegiance Bancshares's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Allegiance Bancshares shares in existence, roughly 10 shares are currently held short) or 0.0174% of the tradable shares (for every 100,000 tradable Allegiance Bancshares shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Allegiance Bancshares.

Find out more about how you can short Allegiance Bancshares stock.

Allegiance Bancshares share dividends

Dividend payout ratio: 14.19% of net profits

Recently Allegiance Bancshares has paid out, on average, around 14.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.18% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Allegiance Bancshares shareholders could enjoy a 1.18% return on their shares, in the form of dividend payments. In Allegiance Bancshares's case, that would currently equate to about $0.4 per share.

While Allegiance Bancshares's payout ratio might seem low, this can signify that Allegiance Bancshares is investing more in its future growth.

Allegiance Bancshares's most recent dividend payout was on 14 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 May 2021 (the "ex-dividend date").

Allegiance Bancshares share price volatility

Over the last 12 months, Allegiance Bancshares's shares have ranged in value from as little as $20.7366 up to $43.34. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Allegiance Bancshares's is 1.1103. This would suggest that Allegiance Bancshares's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Allegiance Bancshares overview

Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company also grants various loan products, which include commercial and industrial loans; commercial real estate loans, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans, such as 1-4 family residential mortgage loans; residential construction loans; and consumer and other loans. In addition, it offers automated teller machines, drive-through services, and depository facilities; mobile banking services; and telephone, mail, and Internet banking services. Further, the company provides safe deposit boxes, debit cards, cash management and wire transfer services, night depository services, direct deposits, cashier's checks, and letters of credit. As of December 31, 2020, it operated 28 offices, including 27 bank offices in the Houston metropolitan area and one office in Beaumont.

Frequently asked questions

• What percentage of Allegiance Bancshares is owned by insiders or institutions?

  Currently 6.549% of Allegiance Bancshares shares are held by insiders and 48.244% by institutions.

• How many people work for Allegiance Bancshares?

  Latest data suggests 598 work at Allegiance Bancshares.

• When does the fiscal year end for Allegiance Bancshares?

  Allegiance Bancshares's fiscal year ends in December.

• Where is Allegiance Bancshares based?

  Allegiance Bancshares's address is: 8847 West Sam Houston Parkway, North, Houston, TX, United States, 77040

• What is Allegiance Bancshares's ISIN number?

  Allegiance Bancshares's international securities identification number is: US01748H1077

• What is Allegiance Bancshares's CUSIP number?

  Allegiance Bancshares's Committee on Uniform Securities Identification Procedures number is: 01748H107