SVB Financial Group (SIVB): Is it worth Buying?


SVB Financial Group (NASDAQ:SIVB) changes shares on Friday trading session, with a change of 2.25% or $4.59 shares. The trading starts at $214.01 and closed at $203.94 throughout the day. The trading session low price was $200.50 and day high was $214.01 on Friday, June 12. After the session, the Financial sector daily volume shifted to 0.38 million while its average volume is 604.27K. In other hand, the SIVB market cap reached to $10.51B. While, its current target price is $208.53 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -11.34% and up 30.42% for month. Its quarterly performance was 33.10% above, while its half year performance is down -12.90%. SIVB yearly performance stood at negative -4.14% and fall -16.93% for year-to-date. Current recommendation for SVB Financial Group is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SIVB EPS (TTM) for 12-month is 18.84. EPS for this year is 20.00%, while for the next year its value is 15.06. Sales growth for the current quarter is 1.39 while its EPS Q/Q reached -53.20%. It has an EPS of 32.50% up for past five years and for the next five years will be up 7.95%.

Let’s take a look on the analyst recommendations on SIVB for the current month and previous month. For the current month, 12 of 21 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 8 as Hold. As compared with the previous month ratings, 20 analysts participate in stock recommendation. Out of 20, 1 rated it sell, 11 rated it as Buy and 8 as Hold Ratings. On the other hand, target price ranges from $140.00-$329.00. Average target price for SIVB was reached at $212.72.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in SVB Financial Group (SIVB) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 5.75 million shares which valued 868.63 million. On Mar 30, 2020, Blackrock Inc. owned 3.74 million shares which valued at 564.7 million. On Mar 30, 2020, State Street Corporation has a total of 2.6 million shares which valued at 392.23 million. In the end, State Street Corporation have 5.04% shares outstanding of SVB Financial Group (SIVB) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 94.80%.

The company posted an EPS (TTM) of 18.84. According to the most recent quarter report on (Jun 2020), 19 analysts estimated an average EPS of 3.09, while 6.08 EPS posted a year ago period. Analyst Estimated EPS for SIVB published in the report was 1.43-3.87 during the same period. Comparing with last year, the average estimated EPS was 6.08 which is higher than 2.55 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SIVB fall -1.90% for period of 200 days. SMA for 50 days was 11.70% which is showing green signal, while SMA-20 was 0.51%. The moving average value for SVB Financial Group (SIVB) is 211.52 and 198.38 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SIVB stock. On Jun 05, Beck Daniel J, Chief Financial Officer, sold 2,205 trading shares at the cost of $240.15, which valued at 0.53 million. On Jun 01, DRAPER MICHELLE, Chief Marketing Officer, sold 213 shares at the cost of $213.41, with total shares of 4,198. On Jun 01, Cox Philip C, Chief Operations Officer, sold 1,397 shares at the cost of 213.41. After this transaction, Cox Philip C total shares reached to 8,548 which valued at 0.3 million.