An Evaluation Of PCB Bancorp (NASDAQ: PCB) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Volume reached 370 shares, with price reaching a high of $19.66 and a low of $19.66. Earlier, Yahoo Finance discussed this stock as it revealed PCB Bancorp Announces Stock Repurchase Plan.

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Stocks Info

PCB belongs to the Financial sector of the NASDAQ while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $19.66 and fluctuated between $19.94 as its day high and $19.57 as its day low. The current market capitalization of PCB Bancorp is $289.20M. A total of 32603.0 shares were traded on the day, compared to an average of 98.35K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PCB has seen 30 BUY and 1 SELL insider trades, representing the acquisition of 21,091 and the disposition of 3,520 shares. Over the last 12 months, there were 125 BUYs and 3 SELLs from insiders. Insiders purchased 165,620 shares during that period but sold 13,520.

In the most recent transaction, LEE SANG YOUNG bought 10,000 shares of PCB for 20.05 per share on Jun 09. After the transaction, the Director now owns 1,263,606 company shares. In a previous transaction on Jun 01, LEE SANG YOUNG bought 6,000 shares at 19.68 per share. PCB shares that Director owns now total 1,253,606.

Among the insiders who sold shares, CHON JUSTIN disposed of 3,520 shares on May 27 at a per-share price of $20.00. This resulted in the holding 3,580 shares of PCB after the transaction. In another insider transaction, LEE MIMI bought 91 shares at $19.25 per share on May 20. Company shares held by the now total 27,313.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PCB Bancorp pays an annual dividend of $0.60, resulting in a dividend yield of 3.05%, and it has a price to earnings (P/E) ratio of 7.50. PCB’s most recent ex-dividend date was 08/11/2022 when it declared a $0.15 quarterly dividend that was paid in cash on 08/19/2022. Previously, the company paid the dividend on 05/20/2022 with an ex-dividend date of 05/12/2022. The dividend was $0.15 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PCB in the last 3 months, the mean price target is $23.00 with high estimates of $24.00 and low estimates of $22.00. In terms of 52-week highs and lows, PCB has a high of $26.04 and a low of $17.96.

As of this writing, PCB has an earnings estimate of $0.67 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.68 per share and a lower estimate of $0.66. The company reported an EPS of $0.6 in the last quarter, which was -4.76% lower than expectations of $0.63.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PCB is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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