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Is this Large Market Cap Stock target price reasonable for Signature Bank (NASDAQ:SBNY)?

The company in question is, Signature Bank (NASDAQ:SBNY) currently with a stock price of 117.23 (-0.14% today). The market cap for Signature Bank is 6248.67, and is in the sector Financial, and Regional – Mid-Atlantic Banks industry. The target price for Signature Bank is 147.13. Currently Signature Bank is trading with a P/E of 15.17, and a forward P/E of 12.82. Average volume for Signature Bank is 459.51 and so far today it is 242458.

Performance in the last year for Signature Bank has been -15.03%. For EPS growth, Signature Bank has seen a growth of 22.20%, and is looking to grow in the next year to 14.31%. More long term stats show that EPS growth has been 24.30% over the last five years and could be 12.00% for the next five years. Signature Bank has seen sales growth quarter over quarter at 21.10%, with EPS growth quarter over quarter at 7.40%. The 20-day simple moving average is -1.23%, with the 200-day simple moving average coming to -9.69%.

Since the IPO date for Signature Bank on the 3/23/2004, Signature Bank has seen performance year to date to be -23.46%. With Signature Bank trading at 117.23, the dividend yield is *TBA, and the EPS is 7.74.

So could Signature Bank, be undervalued? Well as said before P/E is 15.17. The PEG is 1.26, P/S is 5.1 and the P/B is at 1.8. The P/cash is 14.28, with P/free cash flow at 16.99.

Signature Bank ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.07, and total debt/equity at 0.07.

In terms of margins, Signature Bank has a gross margin of *TBA, an operating margin of 81.40% and a profit margin of 33.10%.Payout ratio for Signature Bank is 0.00%. Return on assets come to 1.20% with return on investment coming to 23.40%.

Insider ownership for Signature Bank, is at 1.00% and institutional ownership comes to 96.50%. Outstanding shares are at 53.23. While shares float is 52.54. The float short is currently 2.20%, and short ratio is 2.51.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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