Versabank's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 115 out of 400 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 13.50.In the medium term, the stock price is expected to remain stable.Despite a very weak 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 Versabank is 8.47, ranking 109 out of 400 in the Banking Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 24.84M, representing a year-over-year decrease of 3.45%, while its net profit experienced a year-over-year decrease of 0.35%.
Key Metrics
The current valuation score of Versabank is 7.56, ranking 228 out of 400 in the Banking Services industry. Its current P/E ratio is 19.37, which is 35.71% below the recent high of 26.28 and 100.00% above the recent low of 0.00.
The current earnings forecast score of Versabank is 7.00, ranking 190 out of 400 in the Banking Services industry. The average price target is 11.50, with a high of 13.00 and a low of 10.00.
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 Versabank is 6.90, ranking 255 out of 400 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 16.42 and the support level at 12.20, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
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 Versabank is 4.73, ranking 302 out of 400 in the Banking Services industry. The company's beta value is 1.06. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
