Allegiance Bancshares Inc (ABTX) February 24, 2022 Stock Price, Analysis & Forecast

Allegiance Bancshares Inc (ABTX) February 24, 2022 Stock Price, Analysis & Forecast ...

Allegiance Bancshares Inc (NASDAQ: ABTX) opened the trading session on February 24, 2022, at $41.81, showing a change of -1.8471% against the previous close at $42.77. Within the trading session, the stock price jumped to $41.99 and declined to $41.06. Finally, the stock fixed up at $41.98. Yet, bearing in mind a long-term perspective, Allegiance Bancshares Inc reported a 52 Week Range within the ambit of $34.1-$45.94.

Allegiance Bancshares Inc's shares outstanding currently cost $20.34M, withal a float of $0. ABTX operates in the FINANCE sector of the STATE COMMERCIAL BANKS industry and has a market capitalization of $843.38M (as of February 24, 2022). Also worth noting that Allegiance Bancshares Inc's 50-day Moving Average fixed up at $42.93, while such sign as 200-day Moving Average is at the present time $39.88.

To assess the company's efficiency, let's focus attention on Allegiance Bancshares Inc's conglomerate performance. As yet, ABTX has full-time employees. Allegiance Bancshares Inc has generated $inf per worker Within the last fiscal year. At the same time, ABTX's income per employee was $inf. And now, let's focus attention on the company's income report. Allegiance Bancshares Inc's Net Income for the last fiscal year was $45.53M, while such sign as Income Before Taxes was at the level of $55.97M. ABTX's Operating Income was at the mark of $-8,739,000.

Allegiance Bancshares Inc (ABTX) Earnings & Revenue

Talking about the Profitability, ABTX reached a Profit Margin of 34.1% and an Operating Margin (TTM) of 45.6%. However, when we touch the questions of management effectiveness, Allegiance Bancshares Inc generated a Return on Equity (TTM) of 10.3% and a Return on Assets (TTM) of 1.24%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended December 31, 2021, Allegiance Bancshares Inc generated Revenue (TTM) of $239.45M, reporting a Quarterly Revenue Growth of 20.1%. As for the Revenue Per Share (TTM), this indicator was at the mark of $11.85. The company's Gross Profit (TTM) was $239.45M, while according to the EBITDA report, it was estimated at $.

Allegiance Bancshares Inc (NASDAQ: ABTX) Owners & Shares

Finally, let's take a look at the share statistics. As mentioned above, ABTX's shares outstanding now amounts to $20.34M, where Shares Short was $0 versus the prior month amounted to $0. (Short % of Float was 0%). And now, let's overview which kind of investors works with Allegiance Bancshares Inc's stocks. ABTX's current ownership accounts for % institutional investors, while % of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, ABTX's Forward Annual Dividend Rate is currently at the mark of , whereas the Dividend Yield is 0%, and a Dividend Payout Ratio is 0% (Dividend Date: March 15, 2022). The company's Dividend Per Share sign thereby is $0.48.

ABTX Trading Performance

It's time to observe the current performance indicators for Allegiance Bancshares Inc. ABTX's price/earnings to growth ratio during the last reported quarter was 0%. The company's PE Ratio stands at 10.34%, while ABTX's Beta score is 0.941. Also worth noting that Allegiance Bancshares Inc's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 4.01. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 3.522, as well as Price To Book Ratio, which amounts to 1.077.

Allegiance Bancshares Inc Analysis & Estimates

Within the previous 9-day period, Allegiance Bancshares Inc's Average True Range (ATR) was 1.1594, while the stock's Stochastic SlowD moving average was 66.6043%, and the SlowK moving average volumed at 66.6043%.

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