Prosperity Bancshares Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 9 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 78.08.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Prosperity Bancshares Inc is 8.97, ranking 35 out of 397 in the Banking Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 310.05M, representing a year-over-year increase of 3.51%, while its net profit experienced a year-over-year increase of 7.56%.
Key Metrics
The current valuation score of Prosperity Bancshares Inc is 9.46, ranking 9 out of 397 in the Banking Services industry. Its current P/E ratio is 13.03, which is 39.00% below the recent high of 18.11 and 26.13% above the recent low of 9.62.
The current earnings forecast score of Prosperity Bancshares Inc is 7.20, ranking 170 out of 397 in the Banking Services industry. The average price target is 77.00, with a high of 85.00 and a low of 70.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Prosperity Bancshares Inc is 9.26, ranking 166 out of 397 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 78.69 and the support level at 67.73, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Prosperity Bancshares Inc is 7.00, ranking 57 out of 397 in the Banking Services industry. The latest institutional shareholding proportion is 82.35%, representing a quarter-over-quarter decrease of 5.27%. The largest institutional shareholder is The Vanguard, holding a total of 10.23M shares, representing 10.06% of shares outstanding, with 0.69% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Prosperity Bancshares Inc is 9.27, ranking 21 out of 397 in the Banking Services industry. The company's beta value is 0.66. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Prosperity Bancshares Inc’s latest ESG disclosure leads the Banking Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
