A Great Stock That Is Lost For Many Investors: CrossFirst Bankshares Inc. (CFB)

CrossFirst Bankshares Inc. (NASDAQ: CFB) is -32.52% lower on its value in year-to-date trading and has touched a low of $5.66 and a high of $15.50 in the current 52-week trading range. The CFB stock was last observed hovering at around $9.47 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $9.00 for the next 12 months. It is also 18.92% off the consensus price target high of $12.00 offered by 4 analysts, but current levels are -8.11% lower than the price target low of $9.00 for the same period.

Currently trading at $9.73, the stock is 7.97% and 11.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.58 million and changing 2.75% at the moment leaves the stock -20.57% off its SMA200. CFB registered a loss of -28.82% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $8.89 and a 200-day simple moving average (SMA200) of $11.51.

The stock witnessed a -5.44% gain in the last 1 month and extending the period to 3 months gives it a -26.57%, and is 4.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.34% over the week and 7.99% over the month.

CrossFirst Bankshares Inc. (CFB) has around 357 employees, a market worth around $493.51M and $219.10M in sales. Current P/E ratio is 22.01 and Fwd P/E is 16.89. Profit margin for the company is 10.50%. Distance from 52-week low is 71.91% and -37.23% from its 52-week high. The company has generated returns on investments over the last 12 months (17.90%).

CrossFirst Bankshares Inc. (CFB) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for CrossFirst Bankshares Inc. (CFB) is a “Hold”. 4 analysts offering their recommendations for the stock have an average rating of 2.70, where 3 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

CrossFirst Bankshares Inc. is expected to release its quarterly report on 09/02/2020 and quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $42.01M over the same period.The EPS is expected to grow by 70.30% this year, but quarterly earnings will post 13.80% year-over-year.

CrossFirst Bankshares Inc. (CFB) Top Institutional Holders

96 institutions hold shares in CrossFirst Bankshares Inc. (CFB), with 7.5M shares held by insiders accounting for 14.38% while institutional investors hold 41.01% of the company’s shares. The shares outstanding are 52.07M, and float is at 44.59M with Short Float at 2.46%. Institutions hold 35.11% of the Float.

The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 4.49 million shares valued at $37.71 million. The investor’s holdings represent 8.61% of the CFB Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 2.42 million shares valued at $20.29 million to account for 4.63% of the shares outstanding. The other top investors are Federated Hermes, Inc. which holds 1.49 million shares representing 2.85% and valued at over $12.49 million, while Banc Funds Company, L.L.C. (The) holds 2.82% of the shares totaling 1.47 million with a market value of $12.35 million.

CrossFirst Bankshares Inc. (CFB) Insider Activity

A total of 55 insider transactions have happened at CrossFirst Bankshares Inc. (CFB) in the last six months, with sales accounting for 12 and purchases happening 43 times. The most recent transaction is an insider purchase by King Mason, the company’s Director. SEC filings show that King Mason bought 12,000 shares of the company’s common stock on May 19 at a price of $9.04 per share for a total of $0.11 million. Following the purchase, the insider now owns 0.08 million shares.