Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SIGNATURE BANK

(SBNY)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Signature Bank : Towards the breakout of a major resistance level

09/13/2021 | 02:50am EDT
long trade
Live
Entry price : 266.64$ | Target : 288$ | Stop-loss : 240$ | Potential : 8.01%
Shares in Signature Bank are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Investors have an opportunity to buy the stock and target the $ 288.
Signature Bank : Signature Bank : Towards the breakout of a major resistance level
Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • The group usually releases upbeat results with huge surprise rates.

Weaknesses
  • The company is not the most generous with respect to shareholders' compensation.
Ratings chart
Subsector Other Banks
1st jan.Capitalization (M$)Investor Rating
SIGNATURE BANK84.68%14 967
JPMORGAN CHASE & CO.20.37%457 128
BANK OF AMERICA CORPORATION29.10%329 275
INDUSTRIAL AND COMMERCIAL B..-16.30%242 882
CHINA MERCHANTS BANK CO., L..12.42%197 480
WELLS FARGO & COMPANY51.92%188 279
CHINA CONSTRUCTION BANK COR..-8.32%175 714
ROYAL BANK OF CANADA19.83%139 343
CITIGROUP INC.8.56%135 673
BANK OF CHINA LIMITED1.89%129 053
COMMONWEALTH BANK OF AUSTRA..21.35%128 511
More Results

ę MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 1 968 M - -
Net income 2021 839 M - -
Net Debt 2021 - - -
P/E ratio 2021 17,5x
Yield 2021 0,90%
Capitalization 14 967 M 14 967 M -
Capi. / Sales 2021 7,61x
Capi. / Sales 2022 6,38x
Nbr of Employees 1 652
Free-Float 98,7%
Upcoming event on SIGNATURE BANK
10/21/21
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 249,85 $
Average target price 315,11 $
Spread / Average Target 26,1%
EPS Revisions
Managers and Directors
Joseph J. DePaolo President, Chief Executive Officer & Director
Vito Susca Chief Financial Officer & Executive VP
Scott A. Shay Executive Chairman
Michael Sharkey Chief Technology Officer & Senior Vice President
Eric R. Howell COO, Executive VP-Corporate & Business Development