Allegiance Bancshares, Inc (ABTX) is a leading banks-regional business based in the US. Allegiance Bancshares is listed on the NASDAQ and employs 598 staff. All prices are listed in US Dollars.
|52-week range||$20.6622 - $38.435|
|50-day moving average||$34.9458|
|200-day moving average||$28.3633|
|Wall St. target price||$34.25|
|Dividend yield||$0.4 (1.11%)|
|Earnings per share (TTM)||$2.104|
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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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Allegiance Bancshares shares trade at around 17x 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||$177.9 million|
|Operating margin TTM||37.06%|
|Gross profit TTM||$187 million|
|Return on assets TTM||0.8%|
|Return on equity TTM||5.97%|
|Market capitalisation||$745.7 million|
TTM: trailing 12 months
There are currently 344,615 Allegiance Bancshares shares held short by investors – that's known as Allegiance Bancshares's "short interest". This figure is 12.3% up from 306,859 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) is the quantity of Allegiance Bancshares shares currently shorted divided by the average quantity of Allegiance Bancshares shares traded daily (recently around 79040.137614679). Allegiance Bancshares's SIR currently stands at 4.36. In other words for every 100,000 Allegiance Bancshares shares traded daily on the market, roughly 4360 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 0.02% of the outstanding shares (for every 100,000 Allegiance Bancshares shares in existence, roughly 20 shares are currently held short) or 0.0218% of the tradable shares (for every 100,000 tradable Allegiance Bancshares shares, roughly 22 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.
Dividend payout ratio: 18.99% of net profits
Recently Allegiance Bancshares has paid out, on average, around 18.99% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.11% 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 1.11% 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 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 November 2020 (the "ex-dividend date").
Over the last 12 months, Allegiance Bancshares's shares have ranged in value from as little as $20.6622 up to $38.435. 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 1.197. 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, 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, and savings accounts, as well as other time deposits comprising money market accounts and certificates of deposit. The company also grants various loan products, which include commercial and industrial loans; mortgage warehouse 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, 2018, it operated 27 bank offices and 1 loan production office in the Houston metropolitan area, as well as 1 bank office location in Beaumont. The company was founded in 2007 and is headquartered in Houston, Texas.
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