Peapack-gladstone Financial Stock Intrinsic Value – Institutional Owners Rejoice as Peapack-Gladstone Financial Corporation Stock Price Rises After Year-Long Losses.
May 25, 2023
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PEAPACK-GLADSTONE ($NASDAQ:PGC): Institutional owners of Peapack-Gladstone Financial Corporation stock are rejoicing after the company’s stock price showed a recent gain. After a 7.8% decrease over the past year, the rise in stock price is a welcome relief to owners. This could be a sign of a turnaround in the company’s fortunes. Peapack-Gladstone Financial Corporation is a community financial institution providing private banking, asset management, and financial services for individuals, businesses, and non-profits.
In addition to offering traditional banking services, Peapack-Gladstone Financial Corporation also has an extensive range of wealth management and investment services for clients. The bank continues to be committed to providing superior service and innovative products to its customers.
Stock Price
This is the first time in almost a year that the stock has gained after months of losses. On Friday, PEAPACK-GLADSTONE FINANCIAL opened at $28.1, however, it closed lower by 1.0%. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Peapack-gladstone Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 79.16 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Peapack-gladstone Financial. More…
| Operations | Investing | Financing |
| 118.9 | -356.07 | 280.44 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Peapack-gladstone Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.48k | 5.93k | – |
Key Ratios Snapshot
Some of the financial key ratios for Peapack-gladstone Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.5% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Peapack-gladstone Financial Stock Intrinsic Value
GoodWhale has performed an analysis of PEAPACK-GLADSTONE FINANCIAL‘s wellbeing and determined the fair value of its shares to be around $36.1. This calculation was made using our proprietary Valuation Line. At the moment PEAPACK-GLADSTONE FINANCIAL stock is trading at $27.5, which represents a discount of 23.7%. This makes now a great opportunity to invest in the stock and benefit from the potential upside. More…
Peers
The bank has $5.7 billion in assets and operates 78 branches in New Jersey and New York. The bank’s primary competitors are Glarner Kantonalbank, BOK Financial Corp, and Ledyard Financial Group Inc.
– Glarner Kantonalbank ($LTS:0QV3)
Glarner Kantonalbank is a regional bank based in Glarus, Switzerland. The bank was founded in 1862 and has a market capitalization of 336.15 million as of 2022. The bank provides a range of banking and financial services to individuals and businesses in Switzerland.
– BOK Financial Corp ($NASDAQ:BOKF)
The company’s market cap is 7.02B as of 2022. The company is a leading provider of financial services in the United States, with operations in all 50 states. The company offers a full range of banking, asset management, and mortgage services to consumers, businesses, and institutions. The company has more than 2,000 branches and over 8,000 ATM’s.
– Ledyard Financial Group Inc ($OTCPK:LFGP)
Ledyard Financial Group Inc is a bank holding company. The Company’s principal business activity is owning and operating Ledyard National Bank, a full-service community bank offering a range of deposit, lending, and other financial services to individuals, businesses, and organizations in central New Hampshire and Vermont. As of December 31, 2016, the Company operated through 18 banking offices located in New Hampshire and Vermont.
Summary
Investing in Peapack-Gladstone Financial Corporation (PGFC) can be a risky endeavor, as the company’s stock price has experienced a 7.8% decline over the last year.
However, institutional owners of PGFC may be relieved by its recent gains, and any potential investors should take into consideration the large stake institutions have in the stock before investing. Analysts recommend that investors take into account PGFC’s financial history, debt-to-equity ratio, and other financial metrics before deciding to invest.
Additionally, investors should consider the competitive landscape and monitor macroeconomic indicators to identify any changes in the company’s operations and financial performance. Ultimately, investors must assess their own risk tolerance when deciding whether or not to invest in PGFC.
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