The Bank of N.T. Butterfield & Son Limited (NTB): Let’s take a bird-eye on it

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The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) changes shares on Friday trading session, with a change of 4.65% or $1.1 shares. The trading starts at $25.07 and closed at $23.65 throughout the day. The trading session low price was $23.78 and day high was $25.39 on Friday, June 12. After the session, the Financial sector daily volume shifted to 0.31 million while its average volume is 378.15K. In other hand, the NTB market cap reached to $1.23B. While, its current target price is $24.75 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 -11.16% and up 28.77% for month. Its quarterly performance was 14.32% above, while its half year performance is down -30.92%. NTB yearly performance stood at negative -31.65% and fall -33.14% for year-to-date. Current recommendation for The Bank of N.T. Butterfield & Son Limited is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NTB EPS (TTM) for 12-month is 3.11. EPS for this year is -5.80%, while for the next year its value is 2.69. Sales growth for the current quarter is 1.33 while its EPS Q/Q reached -20.00%. It has an EPS of 13.90% up for past five years and for the next five years will be up 6.00%.

Let’s take a look on the analyst recommendations on NTB for the current month and previous month. For the current month, 2 of 6 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $21.00-$30.00. Average target price for NTB was reached at $25.33.

The insider ownership moved to 1.13% and institutional holding shifted to 74.20%.

The company posted an EPS (TTM) of 3.11. According to the most recent quarter report on (Jun 2020), 6 analysts estimated an average EPS of 0.55, while 0.72 EPS posted a year ago period. Analyst Estimated EPS for NTB published in the report was 0.5-0.58 during the same period. Comparing with last year, the average estimated EPS was 0.72 which is lower than 0.77 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 NTB fall -13.56% for period of 200 days. SMA for 50 days was 17.18% which is showing green signal, while SMA-20 was 2.59%. The moving average value for The Bank of N.T. Butterfield & Son Limited (NTB) is 27.40 and 22.97 for 200 and 50 days respectively.