Present Valuation: Bar Harbor Bankinghares (AMEX: BHB)

Posted by on May 13, 2019 in Local News | Comments Off on Present Valuation: Bar Harbor Bankinghares (AMEX: BHB)

Bar Harbor Bankinghares is in the banking industry and is part of the financial services sector. The company CEO is Curtis C. Simard. Bar Harbor bankinghares Inc is a bank holding company. The company and its subsidiaries offer full range of financial services products, brokerage services through third party brokerage arrangement and also trust and investment management services.

Previous Intraday Performance:

The BHB shares had a previous change of -0.77% which opened at 27.12 and closed at 26.76. It moved to an intraday high of 27.41 and a low of 26.46.

SeekingAlpha:  15 Upcoming Dividend Increases

Historical Performance:

Over the last five trading days, BHB shares returned 0.11% and in the past 30 trading days it returned 4.29%. Over three months, it changed 13.90%. In one year it has changed -8.18% and within that year its 52-week high was 30.95 and its 52-week low was 21.25. BHB stock is 25.93% above its 52 Week Low.

Our calculations result in a 200 day moving average of 25.87 and a 50 day moving average of 25.88. Right now, BHB stock is trading 3.43% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  15 Upcoming Dividend Increases

Liquidity:

The company has a market cap of $415.4m with 15.5m shares outstanding and a float of 14.9m shares. Trading volume was 19,805 shares and has experienced an average volume of 21,409 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Bar Harbor Bankinghares was 2.12 which ended on 31st of December 2018, which according to the previous close, that is a PE of 12.62.

The dividend per share is currently 0.88, which is a dividend yield of 3.26%.

Base on our calculations, the intrinsic value per share is 9.87, which means it might overvalued by -171.14%

The next earnings report will be: 05-16-2019

The long-term trend of the EPS is an important number as it indicates the present value of Bar Harbor Bankinghares; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -1.20% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 4.00% of insider ownership and 70.20% of institutional ownership. Short-interest was 292,558, which was 1.88% of shares outstanding. The short-interest ratio or days-to-cover ratio was 10.71. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.86

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 8.84%, return on assets is 0.91%, profit margin is 20.54%, price-to-sales is 2.68 and price-to-book is 1.10.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 5  : Financial Safety Result
 1  : Past Performance Result
 3  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Article source: https://reagentsglobalmarket.com/2019/05/13/present-valuation-bar-harbor-bankinghares-amex-bhb/