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5 Reasons to Bet On People's Utah Bancorp (PUB) Stock Now
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With the Finance sector turning out to be one of the best performers last earnings season, we thought of bringing up one stock that has plenty of upside potential. Today we have chosen – People's Utah Bancorp – for you to consider.
Headquartered in American Fork, UT, People's Utah Bancorp offers a profitable investment opportunity, driven by steady earnings growth. The company is also witnessing upward estimate revisions, reflecting analysts’ optimism about its growth prospects.
Over the last 60 days, the Zacks Consensus Estimate for 2017 and 2018 rose 3.7% and 4.9%, respectively. Further, shares of this Zacks Rank #2 (Buy) stock have rallied 12.5% over the last six months as against 2.2% decline for the Zacks categorized West Banks industry.
There are several other factors that make People's Utah Bancorp a solid investment option.
Revenue Strength: People's Utah Bancorp’s revenues witnessed a CAGR of 11% over the last three years (2014–2016). Driven by improving rate environment and rising loan demand, the company’s top line is expected to grow 6.7% in 2017 and 13.2% for 2018.
Earnings Growth: People's Utah Bancorp witnessed earnings growth of 10.7% in the last three to five years. This earnings momentum is likely to continue in the near term as reflected by the company’s projected earnings per share (EPS) growth rate (F1/F0) of 7.7%.
Further, the company’s long-term (three to five years) estimated EPS growth rate of 8% promises rewards for investors in the long run.
Strong Leverage: People's Utah Bancorp’s debt/equity ratio is nil compared with the industry average of 0.18. The relatively strong financial health of the company will help it perform better than its peers under a dynamic business environment.
Superior Return on Equity (ROE): People's Utah Bancorp has an ROE of 10.12%, better than the industry average of 9.85%. This shows that the company reinvests its cash more efficiently.
Favorable VGM Score: Currently, People's Utah Bancorp has a VGM Score of ‘B’. Our research shows that stocks with a VGM Score of ‘A’ or ‘B’ when combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best upside potential.
East West Bancorp has witnessed an upward earnings estimate revision of 5.2% for the current year, over the past 60 days. Also, over the last six months, its share price rose 15.5%.
Central Pacific Financial earnings estimates were revised 1.9% upward for the current year, in the past 60 days. Also, its share price increased 1.6% over the last six months.
Preferred Bank recorded an upward earnings estimate revision of around 1% for the current year, in the past 60 days. Also, its share price has seen a jump of 5.5% over the last six months.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
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5 Reasons to Bet On People's Utah Bancorp (PUB) Stock Now
With the Finance sector turning out to be one of the best performers last earnings season, we thought of bringing up one stock that has plenty of upside potential. Today we have chosen – People's Utah Bancorp – for you to consider.
Headquartered in American Fork, UT, People's Utah Bancorp offers a profitable investment opportunity, driven by steady earnings growth. The company is also witnessing upward estimate revisions, reflecting analysts’ optimism about its growth prospects.
Over the last 60 days, the Zacks Consensus Estimate for 2017 and 2018 rose 3.7% and 4.9%, respectively. Further, shares of this Zacks Rank #2 (Buy) stock have rallied 12.5% over the last six months as against 2.2% decline for the Zacks categorized West Banks industry.
There are several other factors that make People's Utah Bancorp a solid investment option.
Revenue Strength: People's Utah Bancorp’s revenues witnessed a CAGR of 11% over the last three years (2014–2016). Driven by improving rate environment and rising loan demand, the company’s top line is expected to grow 6.7% in 2017 and 13.2% for 2018.
Earnings Growth: People's Utah Bancorp witnessed earnings growth of 10.7% in the last three to five years. This earnings momentum is likely to continue in the near term as reflected by the company’s projected earnings per share (EPS) growth rate (F1/F0) of 7.7%.
Further, the company’s long-term (three to five years) estimated EPS growth rate of 8% promises rewards for investors in the long run.
Strong Leverage: People's Utah Bancorp’s debt/equity ratio is nil compared with the industry average of 0.18. The relatively strong financial health of the company will help it perform better than its peers under a dynamic business environment.
Superior Return on Equity (ROE): People's Utah Bancorp has an ROE of 10.12%, better than the industry average of 9.85%. This shows that the company reinvests its cash more efficiently.
Favorable VGM Score: Currently, People's Utah Bancorp has a VGM Score of ‘B’. Our research shows that stocks with a VGM Score of ‘A’ or ‘B’ when combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best upside potential.
Other Stocks Worth a Look
Some other stocks worth considering in the same industry include East West Bancorp, Inc. (EWBC - Free Report) , Central Pacific Financial Corp. (CPF - Free Report) and Preferred Bank (PFBC - Free Report) . All three stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
East West Bancorp has witnessed an upward earnings estimate revision of 5.2% for the current year, over the past 60 days. Also, over the last six months, its share price rose 15.5%.
Central Pacific Financial earnings estimates were revised 1.9% upward for the current year, in the past 60 days. Also, its share price increased 1.6% over the last six months.
Preferred Bank recorded an upward earnings estimate revision of around 1% for the current year, in the past 60 days. Also, its share price has seen a jump of 5.5% over the last six months.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>