SYBT Intrinsic Stock Value – Short Interest in Stock Yards Bancorp, Increases by 24.7% According to Defense World
June 3, 2023
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According to Defense World, short interest in Stock Yards Bancorp ($NASDAQ:SYBT), Inc. (SYBT) has increased by 24.7%. The company is based in Louisville, Kentucky and offers a variety of banking services, including commercial banking, trust services, mortgage banking, correspondent banking, electronic banking, and investment management services through its wholly-owned subsidiary, Stock Yards Bank & Trust Company. The 24.7% increase in short interest indicates that more investors are betting that the stock’s price will decline in the near future. Short-selling is when an investor borrows shares of a company and then immediately sells them with the hope that the stock’s price will fall.
If this happens, the investor can buy the shares back at a lower price and pocket the difference. Investors should use caution when considering investing in Stock Yards Bancorp, Inc. as increased short interest usually indicates a bearish outlook on the stock. It is important to do your own research on the company and its financials before investing.
Analysis – SYBT Intrinsic Stock Value
At GoodWhale, we recently completed an analysis of STOCK YARDS BANCORP’s wellbeing. Our proprietary Valuation Line estimated the intrinsic value of STOCK YARDS BANCORP share at $66.1. This means that STOCK YARDS BANCORP stock is currently undervalued by 34.9%, as it is now traded at $43.0. We believe that investors should take advantage of this discrepancy in order to seize the potential for long-term growth. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SYBT. More…
| Total Revenues | Net Income | Net Margin |
| – | 114.11 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SYBT. More…
| Operations | Investing | Financing |
| 108.74 | -384.43 | -518.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SYBT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.67k | 6.74k | – |
Key Ratios Snapshot
Some of the financial key ratios for SYBT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.2% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Peers
In the banking industry, Stock Yards Bancorp Inc competes with PT Bank Mayapada Internasional Tbk, Wesbanco Inc, and Pioneer Bankcorp Inc. All four companies offer similar products and services, such as checking and savings accounts, loans, and credit cards.
However, each company differentiates itself in some way, whether it’s through customer service, interest rates, or fees.
– PT Bank Mayapada Internasional Tbk ($IDX:MAYA)
As of 2022, PT Bank Mayapada Internasional Tbk has a market cap of 8.16T. The company is a leading Indonesian bank that provides a wide range of banking products and services to personal, corporate, and institutional customers. It has a strong focus on retail and SME banking, and offers a variety of deposit, loan, and investment products. The bank has a network of over 500 branches and 4,000 ATMs across Indonesia.
– Wesbanco Inc ($NASDAQ:WSBC)
Wesbanco Inc is a regional bank holding company headquartered in Wheeling, West Virginia. As of December 31, 2019, Wesbanco operated 184 banking offices in the states of Ohio, Pennsylvania, and West Virginia. The company had $13.2 billion in assets and $9.7 billion in deposits. Wesbanco’s primary subsidiaries are Wesbanco Bank, Inc. and Union Bank, Inc.
Wesbanco Inc has a market cap of $2.32 billion as of 2022. The company operates 184 banking offices in the states of Ohio, Pennsylvania, and West Virginia. As of December 31, 2019, the company had $13.2 billion in assets and $9.7 billion in deposits.
Summary
Stock Yards Bancorp, Inc. has recently experienced an increase in short interest of 24.7%. This indicates increased investor focus on the company, as short interest is typically used as an indicator of potential price movement. Analysts suggest that investors should pay close attention to the stock’s current momentum, as increases in short interest could signal an impending bearish trend. With this in mind, investors should be sure to monitor the company’s latest news and earnings releases to stay informed.
Additionally, investors should watch for any changes in the overall economic outlook, as it can greatly affect the company’s performance. Finally, investors should compare the stock to others in its sector to help assess its value and potential risks.
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