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 108 out of 394 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 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 Versabank is 8.47, ranking 107 out of 394 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 224 out of 394 in the Banking Services industry. Its current P/E ratio is 24.03, which is 10.11% below the recent high of 26.46 and 100.00% above the recent low of 0.00.
The current earnings forecast score of Versabank is 7.00, ranking 190 out of 394 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 7.26, ranking 65 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 18.69 and the support level at 15.85, 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.
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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 299 out of 394 in the Banking Services industry. The company's beta value is 1.14. 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.
