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Why Should You Pick German American Bancorp (GABC) Stock Now
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Banks constitute a major part in the broad Finance sector. Recent developments in the banking sector, including the Fed interest rate hike and the approval of Financial Choice Act, are driving factors for investors to add banking stocks to their portfolio. Therefore, based on strong fundamentals and solid long-term growth opportunities, German American Bancorp, Inc. (GABC - Free Report) is one such stock.
German American Bancorp has been witnessing upward estimate revisions over the last 60 days, reflecting analysts’ optimism about its future prospects. The Zacks Consensus Estimate for 2017 and 2018 inched up around 1.8% and 1.6%, respectively.
Further, shares of this Zacks Rank #2 (Buy) stock gained 40.9% over the last one year compared with 29.1% growth recorded by the Zacks categorized Midwest Banks industry.
Notably, German American Bancorp has a number of other aspects that make it an attractive investment option.
4 Reasons Why German American Bancorp is an Attractive Buy Now
Revenue Growth: German American Bancorp continues to make steady progress toward improving its top line. Also, the company’s projected sales growth (F1/F0) of 6.29% (as against the industry average of about 2.73%) indicates constant upward momentum in revenues.
Earnings Strength: German American Bancorp witnessed earnings growth of 6.83% over the last three–five years. Additionally, the company recorded average positive earnings surprise of 9.58%, over the trailing four quarters.
Superior Return on Equity (ROE): German American Bancorp’s ROE of 11.78%, as compared with the industry average of 9.57%, highlights the company’s commendable position over its peers.
Stock is Undervalued: German American Bancorp has a P/E ratio and P/B ratio of 18.3x and 2.12x compared to the S&P 500 average of 19.1x and 3.19x, respectively. Based on these ratios, the stock seems undervalued.
Other Stocks to Consider
BOK Financial Corporation (BOKF - Free Report) has been witnessing upward estimate revisions for the last 30 days. Over the last one year, the company’s share price has been up more than 30%. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comerica Incorporated (CMA - Free Report) has been witnessing upward estimate revisions for the last 30 days. Additionally, the stock moved up nearly 62.7% over the past one year. It currently has a Zacks Rank #2.
BancFirst Corporation (BANF - Free Report) has been witnessing upward estimate revisions for the last 60 days. Also, the company’s shares have risen nearly 50.7% over the last one year. It holds a Zacks Rank #2, at present.
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Why Should You Pick German American Bancorp (GABC) Stock Now
Banks constitute a major part in the broad Finance sector. Recent developments in the banking sector, including the Fed interest rate hike and the approval of Financial Choice Act, are driving factors for investors to add banking stocks to their portfolio. Therefore, based on strong fundamentals and solid long-term growth opportunities, German American Bancorp, Inc. (GABC - Free Report) is one such stock.
German American Bancorp has been witnessing upward estimate revisions over the last 60 days, reflecting analysts’ optimism about its future prospects. The Zacks Consensus Estimate for 2017 and 2018 inched up around 1.8% and 1.6%, respectively.
Further, shares of this Zacks Rank #2 (Buy) stock gained 40.9% over the last one year compared with 29.1% growth recorded by the Zacks categorized Midwest Banks industry.
Notably, German American Bancorp has a number of other aspects that make it an attractive investment option.
4 Reasons Why German American Bancorp is an Attractive Buy Now
Revenue Growth: German American Bancorp continues to make steady progress toward improving its top line. Also, the company’s projected sales growth (F1/F0) of 6.29% (as against the industry average of about 2.73%) indicates constant upward momentum in revenues.
Earnings Strength: German American Bancorp witnessed earnings growth of 6.83% over the last three–five years. Additionally, the company recorded average positive earnings surprise of 9.58%, over the trailing four quarters.
Superior Return on Equity (ROE): German American Bancorp’s ROE of 11.78%, as compared with the industry average of 9.57%, highlights the company’s commendable position over its peers.
Stock is Undervalued: German American Bancorp has a P/E ratio and P/B ratio of 18.3x and 2.12x compared to the S&P 500 average of 19.1x and 3.19x, respectively. Based on these ratios, the stock seems undervalued.
Other Stocks to Consider
BOK Financial Corporation (BOKF - Free Report) has been witnessing upward estimate revisions for the last 30 days. Over the last one year, the company’s share price has been up more than 30%. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comerica Incorporated (CMA - Free Report) has been witnessing upward estimate revisions for the last 30 days. Additionally, the stock moved up nearly 62.7% over the past one year. It currently has a Zacks Rank #2.
BancFirst Corporation (BANF - Free Report) has been witnessing upward estimate revisions for the last 60 days. Also, the company’s shares have risen nearly 50.7% over the last one year. It holds a Zacks Rank #2, at present.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more.
Click here for a peek at this private information >>