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Veritex Holdings, Inc is a banks—regional business based in the US. Veritex shares (VBTX) are listed on the NASDAQ and all prices are listed in US Dollars. Veritex employs 676 staff and has a trailing 12-month revenue of around USD$246.1 million.
Since the stock market crash in March caused by coronavirus, Veritex's share price has had significant negative movement.
Its last market close was USD$23.18, which is 17.83% down on its pre-crash value of USD$28.21 and 131.34% up on the lowest point reached during the March crash when the shares fell as low as USD$10.02.
If you had bought USD$1,000 worth of Veritex shares at the start of February 2020, those shares would have been worth USD$383.92 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$808.29.
|Latest market close||USD$23.18|
|52-week range||USD$9.7348 - USD$28.4663|
|50-day moving average||USD$20.4079|
|200-day moving average||USD$18.0517|
|Wall St. target price||USD$23|
|Dividend yield||USD$0.68 (2.94%)|
|Earnings per share (TTM)||USD$1.582|
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.
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.
|1 week (2020-11-15)||N/A|
|1 month (2020-10-26)||11.82%|
|3 months (2020-08-22)||N/A|
|6 months (2020-05-22)||N/A|
|1 year (2019-11-22)||N/A|
|2 years (2018-11-22)||N/A|
|3 years (2017-11-22)||N/A|
|5 years (2015-11-22)||N/A|
Valuing Veritex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Veritex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Veritex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Veritex shares trade at around 14x 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.
Veritex's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.55. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Veritex's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$246.1 million|
|Operating margin TTM||45.11%|
|Gross profit TTM||USD$293.7 million|
|Return on assets TTM||0.96%|
|Return on equity TTM||6.7%|
|Market capitalisation||USD$1.1 billion|
TTM: trailing 12 months
There are currently 853,851 Veritex shares held short by investors – that's known as Veritex's "short interest". This figure is 43.7% down from 1.5 million last month.
There are a few different ways that this level of interest in shorting Veritex shares can be evaluated.
Veritex's "short interest ratio" (SIR) is the quantity of Veritex shares currently shorted divided by the average quantity of Veritex shares traded daily (recently around 294431.37931034). Veritex's SIR currently stands at 2.9. In other words for every 100,000 Veritex shares traded daily on the market, roughly 2900 shares are currently held short.
However Veritex's short interest can also be evaluated against the total number of Veritex shares, or, against the total number of tradable Veritex shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Veritex's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Veritex shares in existence, roughly 20 shares are currently held short) or 0.0214% of the tradable shares (for every 100,000 tradable Veritex shares, roughly 21 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 Veritex.
Find out more about how you can short Veritex stock.
Dividend payout ratio: 42.5% of net profits
Recently Veritex has paid out, on average, around 42.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.94% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Veritex shareholders could enjoy a 2.94% return on their shares, in the form of dividend payments. In Veritex's case, that would currently equate to about $0.68 per share.
While Veritex's payout ratio might seem fairly standard, it's worth remembering that Veritex may be investing much of the rest of its net profits in future growth.
Veritex's most recent dividend payout was on 19 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 4 November 2020 (the "ex-dividend date").
Over the last 12 months, Veritex's shares have ranged in value from as little as $9.7348 up to $28.4663. 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 Veritex's is 1.8219. This would suggest that Veritex's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Veritex Holdings, Inc. operates as the holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company's deposit products include demand, savings, money market and time deposit accounts, as well as commercial deposit and financial institution money market accounts. Its loan portfolio consists of commercial real estate and general commercial loans, mortgage warehouse loans, residential real estate loans, construction and land loans, farmland loans, and consumer loans, as well as purchased receivables financing. The company also provides a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as banking through telephone, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2019, the company had 25 branches and one mortgage office located in the Dallas-Fort Worth metroplex, as well as 12 full-service branches in the Houston metropolitan area and one branch in Louisville, Kentucky. Veritex Holdings, Inc. was founded in 2009 and is headquartered in Dallas, Texas.
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