Origin Bancorp Inc (NYSE: OBK) is -8.26% lower on its value in year-to-date trading and has touched a low of $27.83 and a high of $41.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OBK stock was last observed hovering at around $30.37 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $30.54, the stock is -5.97% and -14.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.56% at the moment leaves the stock -10.31% off its SMA200. OBK registered 9.58% gain for a year compared to 6-month gain of -5.91%. The firm has a 50-day simple moving average (SMA 50) of $35.705 and a 200-day simple moving average (SMA200) of $34.0503.
The stock witnessed a -14.43% loss in the last 1 month and extending the period to 3 months gives it a -12.06%, and is 3.32% 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 2.46% over the week and 3.69% over the month.
Origin Bancorp Inc (OBK) has around 1031 employees, a market worth around $954.19M and $614.81M in sales. Current P/E ratio is 12.45 and Fwd P/E is 8.92. Profit margin for the company is 12.44%. Distance from 52-week low is 9.74% and -25.81% from its 52-week high. The company has generated returns on investments over the last 12 months (5.62%).
with sales reaching $93.61M over the same period.The EPS is expected to grow by 24.24% this year, but quarterly earnings will post 9.39% year-over-year. Quarterly sales are estimated to grow 3.35% in year-over-year returns.
228.0 institutions hold shares in Origin Bancorp Inc (OBK), with institutional investors hold 65.12% of the company’s shares. The shares outstanding are 31.20M, and float is at 28.35M with Short Float at 1.32%. Institutions hold 61.29% of the Float.
The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 2.99 million shares valued at $94.83 million. The investor’s holdings represent 9.6309 of the OBK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.55 million shares valued at $81.02 million to account for 8.2285 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.64 million shares representing 5.2801 and valued at over $51.99 million, while DIMENSIONAL FUND ADVISORS LP holds 3.2961 of the shares totaling 1.02 million with a market value of $32.45 million.
