NASDAQ: ACBI Stocks Down By 43% In Last Three Years: Can Stocks Move Up Next?

NASDAQ: ACBI Stocks Down By 43% In Last Three Years: Can Stocks Move Up Next?

In the last three years, NASDAQ: ACBI at stocks pricing has been down almost by 43%. The main point of investing in company stocks is to generate higher returns when the stock pricing reaches a high peak. However, those marketers who invested in Atlantic Capital Bancshares Inc. shares are eagerly monitoring the stock pricing of ACBI daily in the hope of some positive news. But, the longer-term ACBI shareholders and investors haven’t heard any good news since its share pricing dropped down by 43%. Plus, its market return value went down by around 37%. As a result, recent buyers are going through a tough time as ACBI share pricing momentum is still negative!

Company profile:

NASDAQ: ACBI (Atlantic Capital Bancshares, Inc.) works as the bank holding company for Atlantic Capital Bank. It mainly provides banking products and services in Atlanta and the rest of the United States. This company offers non-interest and interest-bearing demand, brokered deposit and also provides varieties of loan (working capital and equipment loans, commercial real estate loans instruction loan, etc.)

Current Stock Price & last quarter earnings:

Atlantic Capital Bancshares Inc S stocks were trading at a rate of $14.59 on 11 March 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then its stock value decreased by 24.0% and is trading now at $10.92(as of 18th July 2020).

NASDAQ: ACBI earned $23.63 million during the quarter, compared to the consensus estimate of $22.74Atlantic Capital Bancshares had a turn on equity of 7.20% and a net margin of 39.81%. The next earning date is scheduled to release on Thursday, July 23rd, 2020. It is the ratio of a company’s stock price to the company’s earnings per share and is used to compare the valuation of a company with peers in the industry. Its trailing P/E Ratio is 5.57 and the Forward P/E ratio is 13.69. Also, the P/E growth is 1.18.

Current profitability:

Profit margin is a useful ratio and can help provide an insight into a variety of aspects of financial performance. The profit margin may also indicate certain things about the company’s ability to manage its expenses.  NASDAQ: ACBI has a market capitalization of $237.99 million and generates $117.03 million in revenue each year. As of most recent Fiscal Year company’s earnings per share is $1.20 and Net income (Profit) is $49.85 million and a Net margin is 39.81%. Also Return on Equity is 7.20% and return on assets is 0.91%. Research analysts have issued 1-year price targets which range from $14.00 to $18.00. On average, they expect the share price to reach $16.00 in the next year which suggests an increase of 44.3%from the stock current price. You can get free stock from some online trading platforms. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

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