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How to buy Altabancorp (ALTA) stock
Learn how to easily invest in Altabancorp stock.
Altabancorp is a banks-regional business based in the US. Altabancorp shares (ALTA) are listed on the NASDAQ and all prices are listed in US Dollars. Altabancorp employs 471 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Altabancorp
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ALTA – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Altabancorp stock price (NASDAQ: ALTA)Use our graph to track the performance of ALTA stocks over time.
Altabancorp shares at a glance
|Latest market close||$46.00|
|52-week range||$18.21 - $47.80|
|50-day moving average||$43.21|
|200-day moving average||$39.83|
|Wall St. target price||$48.33|
|Dividend yield||$0.58 (1.45%)|
|Earnings per share (TTM)||$2.22|
Buy Altabancorp shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Altabancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Altabancorp price performance over time
|1 week (2021-07-17)||N/A|
|1 month (2021-06-28)||6.04%|
|3 months (2021-04-28)||6.36%|
|6 months (2021-01-24)||N/A|
|1 year (2020-07-24)||N/A|
|2 years (2019-07-24)||N/A|
|3 years (2018-07-24)||N/A|
|5 years (2016-07-24)||N/A|
Is Altabancorp under- or over-valued?
Valuing Altabancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altabancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altabancorp's P/E ratio
Altabancorp'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, Altabancorp 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.
|Revenue TTM||$122.1 million|
|Operating margin TTM||46.15%|
|Gross profit TTM||$123.4 million|
|Return on assets TTM||1.41%|
|Return on equity TTM||12.22%|
|Market capitalisation||$759.1 million|
TTM: trailing 12 months
Shorting Altabancorp shares
There are currently 280,722 Altabancorp shares held short by investors – that's known as Altabancorp's "short interest". This figure is 19.3% up from 235,389 last month.
There are a few different ways that this level of interest in shorting Altabancorp shares can be evaluated.
Altabancorp's "short interest ratio" (SIR)
Altabancorp's "short interest ratio" (SIR) is the quantity of Altabancorp shares currently shorted divided by the average quantity of Altabancorp shares traded daily (recently around 113652.63157895). Altabancorp's SIR currently stands at 2.47. In other words for every 100,000 Altabancorp shares traded daily on the market, roughly 2470 shares are currently held short.
However Altabancorp's short interest can also be evaluated against the total number of Altabancorp shares, or, against the total number of tradable Altabancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Altabancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Altabancorp shares in existence, roughly 10 shares are currently held short) or 0.0287% of the tradable shares (for every 100,000 tradable Altabancorp shares, roughly 29 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 Altabancorp.
Find out more about how you can short Altabancorp stock.
Altabancorp share dividends
Dividend payout ratio: 26.01% of net profits
Recently Altabancorp has paid out, on average, around 26.01% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altabancorp shareholders could enjoy a 1.5% return on their shares, in the form of dividend payments. In Altabancorp's case, that would currently equate to about $0.58 per share.
While Altabancorp's payout ratio might seem fairly standard, it's worth remembering that Altabancorp may be investing much of the rest of its net profits in future growth.
Altabancorp's most recent dividend payout was on 16 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 May 2021 (the "ex-dividend date").
Altabancorp share price volatility
Over the last 12 months, Altabancorp's shares have ranged in value from as little as $18.2101 up to $47.8. 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 Altabancorp's is 0.9445. This would suggest that Altabancorp's shares are less volatile than average (for this exchange).
Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. It also offers commercial real estate, residential mortgage, commercial and industrial, home equity and improvement, automobile, debt consolidation, general consumer, and small business association loans, as well as construction, acquisition, and development loans; and credit and debit cards. In addition, the company provides investment securities, such as the U. S. Agency issues, mortgage-backed securities, and municipal bonds; and online and mobile banking, automatic teller machine, treasury management, remote deposit capture, bill pay, cashier's check, money order, and safe deposit services. It serves real estate developers and contractors, small to medium sized businesses, individuals, and professionals and professional firms through 25 retail branches located in Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties in Utah and in Preston, Idaho.
Stocks similar to Altabancorp
Altabancorp in the news
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ALTA, FFWM, CLDB, MMAC; Shareholders are Encouraged to Contact the Firm
Lifshitz Law Firm, P.C. Announces Investigation of ALTA, CORE, LONE, and RTPY
INVESTOR ALERT: Monteverde & Associates Continues to Investigate the Following Merger
Frequently asked questionsWhat percentage of Altabancorp is owned by insiders or institutions?
Currently 38.705% of Altabancorp shares are held by insiders and 47.867% by institutions. How many people work for Altabancorp?
Latest data suggests 471 work at Altabancorp. When does the fiscal year end for Altabancorp?
Altabancorp's fiscal year ends in September. Where is Altabancorp based?
Altabancorp's address is: 1 East Main Street, American Fork, UT, United States, 84003 What is Altabancorp's ISIN number?
Altabancorp's international securities identification number is: US0213471099 What is Altabancorp's CUSIP number?
Altabancorp's Committee on Uniform Securities Identification Procedures number is: Unknown
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